Rent to own Homes in Fairfax, MN

Fairfax, MN is a great place for affordable rent-to-own homes! With a median household income of over $57,750 and a median rent of $441, the Fairfax, MN rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Fairfax, MN. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.

Check out Fairfax, MN rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 166
1 of 13 604 WATER ST SW
Rent to Own Eligible
 
Single Family Home
Sleepy Eye, MN 56085
3
2
2873 ft2
1952
721 MOWBRAY ST
Rent to Own Eligible
 
Single Family Home
Stewart, MN 55385
3
1
1144 ft2
1956
New
810 8TH ST N
Rent to Own Eligible
 
Single Family Home
New Ulm, MN 56073
2
1
1020 ft2
1959
220 HOLLYWOOD AVE
Rent to Own Eligible
 
Single Family Home
New Ulm, MN 56073
2
1
1368 ft2
1970
323 WEST ST
Rent to Own Eligible
 
Single Family Home
New Ulm, MN 56073
3
1
1160 ft2
1958
512 N JEFFERSON ST
Rent to Own Eligible
 
Single Family Home
New Ulm, MN 56073
3
1
1459 ft2
1951
New
1 of 26 1622 CENTER ST
Rent to Own Eligible
 
Single Family Home
New Ulm, MN 56073
3
1
1328 ft2
1965
New
608 4TH ST N
Rent to Own Eligible
 
Single Family Home
New Ulm, MN 56073
2
1
1693 ft2
1964
208 N STATE ST
Rent to Own Eligible
 
Single Family Home
New Ulm, MN 56073
4
2
2034 ft2
1933
1 of 21 217 S STATE ST
Rent to Own Eligible
 
Single Family Home
New Ulm, MN 56073
4
3
1272 ft2
1910
1 of 37 300 S BROADWAY ST
Rent to Own Eligible
 
Single Family Home
New Ulm, MN 56073
5
1
3138 ft2
1891
1 of 63 30308 STATE HIGHWAY 15
Rent to Own Eligible
 
Single Family Home
Winthrop, MN 55396
4
1
2287 ft2
1 of 3 1119 17TH ST S
Rent to Own Eligible
 
Single Family Home
New Ulm, MN 56073
3
3
1496 ft2
1987
1 of 16 1317 S MINNESOTA ST
Rent to Own Eligible
 
Single Family Home
New Ulm, MN 56073
4
3
1502 ft2
2019
New
815 COTTONWOOD ST
Rent to Own Eligible
 
Townhouse/Condo
New Ulm, MN 56073
2
1
1971 ft2
2004
1 of 38 13152 COUNTY ROAD 24
Rent to Own Eligible
 
Single Family Home
New Ulm, MN 56073
4
2
3604 ft2
1992
New
504 VALLEY VIEW DR
Rent to Own Eligible
 
Single Family Home
Courtland, MN 56021
4
4
1812 ft2
2005
417 MAIN ST
Rent to Own Eligible
 
Single Family Home
Courtland, MN 56021
4
4
2200 ft2
2000
New
1083 PRAIRIE VIEW DR SW
Rent to Own Eligible
 
Single Family Home
Hutchinson, MN 55350
3
3
2135 ft2
1999
1840 SCENIC HEIGHTS CT SW
Rent to Own Eligible
 
Single Family Home
Hutchinson, MN 55350
4
2
1120 ft2
2003
1087 PRAIRIE VIEW DR SW
Rent to Own Eligible
 
Single Family Home
Hutchinson, MN 55350
2
1
1238 ft2
2001
New
402 ALAN ST SW
Rent to Own Eligible
 
Single Family Home
Hutchinson, MN 55350
4
1
1232 ft2
1972
505 DALE ST SW
Rent to Own Eligible
 
Single Family Home
Hutchinson, MN 55350
4
1
840 ft2
1938
New
1327 SHERWOOD ST SE
Rent to Own Eligible
 
Single Family Home
Hutchinson, MN 55350
4
3
1484 ft2
2004
708 CALIFORNIA ST NW
Rent to Own Eligible
 
Single Family Home
Hutchinson, MN 55350
3
1
1008 ft2
1987
123 MORNINGSIDE DR NE
Rent to Own Eligible
 
Single Family Home
Hutchinson, MN 55350
3
2
1397 ft2
1994
New
115 11TH AVE NE
Rent to Own Eligible
 
Single Family Home
Hutchinson, MN 55350
3
2
1226 ft2
1958
79762 HAMMOND HWY
Rent to Own Eligible
 
Single Family Home
Madelia, MN 56062
2
2
1 ft2
1911
21012 489TH AVE
Rent to Own Eligible
 
Single Family Home
Lake Crystal, MN 56055
3
3
1708 ft2
1971
528 1ST ST SW
Rent to Own Eligible
 
Single Family Home
Madelia, MN 56062
3
2
1 ft2
1970
603 2ND ST SW
Rent to Own Eligible
 
Single Family Home
Madelia, MN 56062
4
1
1 ft2
1963
1 of 3 119 2ND ST SW
Rent to Own Eligible
 
Single Family Home
Madelia, MN 56062
5
2
3164 ft2
1946
852 MILL RACE RD
Rent to Own Eligible
 
Single Family Home
Madelia, MN 56062
5
4
1 ft2
2001
New
227 2ND ST SE
Rent to Own Eligible
 
Single Family Home
Madelia, MN 56062
3
1
1 ft2
1947
402 W HUMPHREY ST
Rent to Own Eligible
 
Single Family Home
Lake Crystal, MN 56055
3
1
1034 ft2
1880
611 MARIDEAN BLVD #4
Rent to Own Eligible
 
Townhouse/Condo
Lake Crystal, MN 56055
2
2
1274 ft2
2020
401 E HUMPHREY ST
Rent to Own Eligible
 
Single Family Home
Lake Crystal, MN 56055
3
2
1419 ft2
1900
491 11TH ST
Rent to Own Eligible
 
Single Family Home
Lafayette, MN 56054
2
2
1414 ft2
1919
Hot
307 1ST ST SE
REO Foreclosure
 
Single Family Home
Fairfax, MN 55332
3
2
1220 ft2
1929
65355 340TH ST
REO Foreclosure
 
Single Family Home
Gibbon, MN 55335
4
2
1563 ft2
1900
240 W 7TH ST
REO Foreclosure
 
Single Family Home
Gibbon, MN 55335
4
2
2559 ft2
1959
1 of 8 303 4TH ST E
Short Sale
 
Single Family Home
Morgan, MN 56266
3
1
1368 ft2
1915
330 E 3rd Street
REO Foreclosure
 
Single Family Home
Hector, MN 55342
2
1
810 ft2
1938
Hot
251 COLFAX AVE NE
REO Foreclosure
 
Single Family Home
Hector, MN 55342
3
1
824 ft2
1949
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Buying a Home in Fairfax, MN

Fairfax, MN is seeing rapid growth and Fairfax, MN's' housing market remains optimal with an average home price that is -62% below the 2024 national average. Fairfax, MN is part of Renville county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Renville is 1% which is above the national average, which is 0.99%.

Median Home Price in Fairfax, MN

Median Rent in Fairfax, MN

Rent to own homes offer low monthly payments and flexible terms.