Rent to own Homes in Finland, MN

Finland, MN is a great place for affordable rent-to-own homes! With a median household income of over $46,250 and a median rent of $627, the Finland, 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 Finland, 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 Finland, MN rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 31 of 31
Hot
60 BANKS BLVD
Rent to Own Eligible
 
Single Family Home
Silver Bay, MN 55614
3
1
864 ft2
1953
24 GREEN LN
Rent to Own Eligible
 
Single Family Home
Silver Bay, MN 55614
3
1
864 ft2
1954
80 EDISON BLVD
Rent to Own Eligible
 
Single Family Home
Silver Bay, MN 55614
3
1
864 ft2
1954
Hot New
101 HAYS CIR
Rent to Own Eligible
 
Single Family Home
Silver Bay, MN 55614
3
2
1196 ft2
1958
Hot
9724 HIGHWAY 1
Rent to Own Eligible
 
Single Family Home
Isabella, MN 55607
2
1
1020 ft2
2004
New
7192 W HIGHWAY 61 #41
Rent to Own Eligible
 
Single Family Home
Tofte, MN 55615
2
2
928 ft2
1987
1431 HIGHWAY 61
Rent to Own Eligible
 
Single Family Home
Two Harbors, MN 55616
2
1
1168 ft2
1950
New
135 COPPERHEAD RD
Rent to Own Eligible
 
Single Family Home
Knife River, MN 55609
1
1
520 ft2
2012
272 E 2ND ST
Rent to Own Eligible
 
Single Family Home
Knife River, MN 55609
3
1
1209 ft2
2019
New
1823 8TH AVE
Rent to Own Eligible
 
Single Family Home
Two Harbors, MN 55616
3
1
832 ft2
1919
554 POPLAR RIVER RD
Rent to Own Eligible
 
Single Family Home
Lutsen, MN 55612
3
3
1883 ft2
1998
Hot
1 of 24 514 8TH AVE
Rent To Own
 
Single Family Home
Two Harbors, MN 55616
2
1
672 ft2
1925
5863 HIGHWAY 1
Auction
 
Single Family Home
Silver Bay, MN 55614
3
2
1442 ft2
1995
New
1 of 16 5539 MIDBROD RD
Auction
 
Single Family Home
Silver Bay, MN 55614
2
1
1068 ft2
2002
New
29 BELL CIR
Auction
 
Single Family Home
Silver Bay, MN 55614
3
1
1428 ft2
1952
1 of 18 19 LAW DR
REO Foreclosure
 
Single Family Home
Silver Bay, MN 55614
3
1
1152 ft2
1967
2767 HIGHWAY 3
Auction
 
Single Family Home
Two Harbors, MN 55616
1
1
1142 ft2
1959
2398 HIGHWAY 61
REO Foreclosure
 
Single Family Home
Two Harbors, MN 55616
1
2
2260 ft2
1920
Hot
4155 LIBERTY RD
Short Sale
 
Single Family Home
Two Harbors, MN 55616
2
2
1250 ft2
2001
1 of 11 201 3RD AVE
Auction
 
Single Family Home
Two Harbors, MN 55616
4
2
941 ft2
1911
New
1 of 20 807 12TH AVE
Auction
 
Single Family Home
Two Harbors, MN 55616
3
1
1048 ft2
1955
1 of 42 517 6TH AVE
REO Foreclosure
 
Single Family Home
Two Harbors, MN 55616
4
2
1946 ft2
1908
517 4TH AVE
Auction
 
Single Family Home
Two Harbors, MN 55616
5
2
943 ft2
1907
1 of 13 1222 SHOREVIEW RD
Auction
 
Single Family Home
Two Harbors, MN 55616
3
1
1038 ft2
1925
745 KAWISHIWI TRL
Auction
 
Single Family Home
Ely, MN 55731
4
2
1788 ft2
1947
1178 W KNIFE RIVER RD
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Two Harbors, MN 55616
2
1
1120 ft2
1977
1 of 25 176 MINE RD
Auction
 
Single Family Home
Ely, MN 55731
2
1
992 ft2
1931
237 RIVER ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Winton, MN 55796
5
1
880 ft2
1910
Hot
1 of 9 203 CEDAR LN
REO Foreclosure
 
Single Family Home
Ely, MN 55731
2
2
1343 ft2
1978
1340 E HARVEY ST
REO Foreclosure
 
Single Family Home
Ely, MN 55731
4
2
1366 ft2
1955
1 of 70 13848 QUEENS BAY RD
Rent to Own Eligible
 
Single Family Home
Ely, MN 55731
2
0
360 ft2
1960
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Buying a Home in Finland, MN

Finland, MN is seeing rapid growth and Finland, MN's' housing market remains optimal with an average home price that is -45% below the 2024 national average. Finland, MN is part of Lake 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 Lake is 0.56% which is below the national average, which is 0.99%.

Median Home Price in Finland, MN

Median Rent in Finland, MN

Median rent data is currently unavailable.
Rent to own homes offer low monthly payments and flexible terms.