Rent to Own Homes near Farmington, MN

  • Considered the metropolis of Dakota County, Farmington is home to more than 21,000 residents. At first, Farmington was a rural, small and agricultural community; however, the city has ballooned in recent years because of an emphasis on commercial development and community involvement. Split into three distinct areas, many places in Farmington have gone through recent renovations to make them a state-of-the-art, modern city.

Check out Farmington, MN homes for sale that may include: rent to own, foreclosure, HUD, for sale by owner and more

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Top 6 Reasons to Live in Farmington, MN

  • Unique history! Farmington was settled in the early 1850s and had an integral role in the state's agricultural and transportation sectors because it was home to one of the few railroad stations in the area. Today, Farmington remains home to three buildings that are on the National Register of Historic Places in the United States: the Daniel Akin House, the Exchange Bank Building and the Church of the Advent.
  • Best steak in the area: Rated as having the best steak in the Minneapolis-St. Paul metro area, the Farmington Steak House may not look like much from the outside, but the food is spectacular. For live music, interesting personalities and tasty food, visit a local favorite - the Long Branch Saloon & Eatery.
  • Inclusive community: Farmington is a community that prides itself on being a place where everyone knows the neighbor's name. In order to foster a tight knit feel, Farmington is host to the Dakota County Fairgrounds. Encompassing more than 300 acres, the fairgrounds attract more than 100,000 visitors every year. In addition, Farmington has numerous bike trails along the Vermillion River that wind their way by the water, through the historic downtown and into new developments.
  • Adopt-A-Park or Adopt-A-Lake: Individuals with a love for nature will want to consider adopting a park in Farmington. In exchange for their service to the park, a sign is posted at the entrance to recognize the individuals who have committed time and money to the park's upkeep. Parks and lakes like North Creek and Prairie View are still available for adoption.
  • Numerous price cuts = buyer's market: Not only have 54.2 percent of homes for sale had a price cut, but 39 percent have sold below the listing price. As a result, buyers can snag a great deal on a rent to own home in a neighborhood like Castle Rock or Everest Path.
  • Rising home values: Currently, the median home value in Farmington is $223,700, and this figure is expected to grow nearly four percent in 2015. Desirable homes are available in communities like City Center and Chippendale Ave.