Rent to own Homes in Madison, MN

Madison, MN is a great place for affordable rent-to-own homes! With a median household income of over $42,500 and a median rent of $572, the Madison, 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 Madison, 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 Madison, MN rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 53
New
101 2ND ST S
Rent to Own Eligible
 
Single Family Home
Marietta, MN 56257
1
1
840 ft2
New
408 STEPHENS AVE
Rent to Own Eligible
 
Single Family Home
Ortonville, MN 56278
1
1
852 ft2
1939
1 of 14 1434 N 5TH ST
Rent to Own Eligible
 
Single Family Home
Montevideo, MN 56265
2
2
1072 ft2
1 of 28 110 W ASH ST
Rent to Own Eligible
 
Single Family Home
Hendricks, MN 56136
3
2
1456 ft2
1970
Hot
1 of 11 210 OAK AVE
Rent To Own
 
Single Family Home
Watson, MN 56295
5
2
2300 ft2
1900
1 of 38 712 4TH AVE
Auction
 
Single Family Home
Madison, MN 56256
4
2
2336 ft2
Hot
228 E SNELLING AVE
REO Foreclosure
 
Single Family Home
Appleton, MN 56208
2
2
1392 ft2
1918
New
1 of 5 231 E SNELLING AVE
Auction
 
Single Family Home
Appleton, MN 56208
2
2
600 ft2
1917
643 LAKESHORE DR
Short Sale
 
Single Family Home
Ortonville, MN 56278
3
1
1656 ft2
1918
Hot
116 WASHINGTON AVE
Short Sale
 
Single Family Home
Montevideo, MN 56265
3
2
1036 ft2
1952
114 S 9TH ST
REO Foreclosure
 
Single Family Home
Montevideo, MN 56265
4
2
1580 ft2
1912
Hot
310 W ASH ST
REO Foreclosure
 
Single Family Home
Hendricks, MN 56136
2
1
1144 ft2
1964
144 E PARK ST
REO Foreclosure
 
Single Family Home
Cottonwood, MN 56229
2
1
1040 ft2
1945
New
278 HICKORY ST
Rent to Own Eligible
 
Single Family Home
Dawson, MN 56232
0
2
0 ft2
New
701 RING 7TH W
Rent to Own Eligible
 
Single Family Home
Canby, MN 56220
0
1
2708 ft2
2000
2350 380TH ST
Rent to Own Eligible
 
Single Family Home
Porter, MN 56280
0
0
0 ft2
904 7TH ST
Rent to Own Eligible
 
Single Family Home
Clarkfield, MN 56223
0
0
960 ft2
1920
1045 60TH AVE SW
Rent to Own Eligible
 
Single Family Home
Montevideo, MN 56265
0
0
0 ft2
214 S 5TH ST
Rent to Own Eligible
 
Single Family Home
Montevideo, MN 56265
0
0
0 ft2
New
624 N 6TH ST
Rent to Own Eligible
 
Single Family Home
Montevideo, MN 56265
0
0
1176 ft2
1910
318 S 7TH ST
Rent to Own Eligible
 
Single Family Home
Montevideo, MN 56265
0
0
920 ft2
1900
4424 HIGHWAY 212
Rent to Own Eligible
 
Single Family Home
Montevideo, MN 56265
0
0
0 ft2
3398 490TH ST
Rent to Own Eligible
 
Single Family Home
Montevideo, MN 56265
0
0
1344 ft2
1997
Hot New
400 S LAKE ST
Rent to Own Eligible
 
Single Family Home
Hendricks, MN 56136
0
0
784 ft2
1955
Hot
321 S CLONMEL ST
Rent to Own Eligible
 
Single Family Home
Clontarf, MN 56226
0
0
1484 ft2
1965
New
340 NORTHWOOD DR
Rent to Own Eligible
 
Single Family Home
Cottonwood, MN 56229
0
0
0 ft2
703 9TH AVE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Madison, MN 56256
0
0
0 ft2
511 1ST AVE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Madison, MN 56256
0
0
0 ft2
New
1346 CHESTNUT ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Dawson, MN 56232
0
0
0 ft2
1017 PINE ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Dawson, MN 56232
0
0
0 ft2
New
208 W CHURCH ST
Auction
 
Single Family Home
Minneota, MN 56264
0
0
936 ft2
1963
120 LAC QUI PARLE AVE
REO Foreclosure
 
Single Family Home
Milan, MN 56262
0
0
0 ft2
1422 RIDGEVIEW DR
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Montevideo, MN 56265
0
0
0 ft2
1980
110 SUMMIT AVE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Montevideo, MN 56265
0
0
803 ft2
1932
411 N 5TH ST
Auction
 
Single Family Home
Montevideo, MN 56265
0
0
0 ft2
316 S 5TH ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Montevideo, MN 56265
0
0
0 ft2
612 N 6TH ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Montevideo, MN 56265
0
0
590 ft2
1915
New
222 N 6TH ST
Auction
 
Single Family Home
Montevideo, MN 56265
0
0
0 ft2
1013 BENSON RD
REO Foreclosure
 
Single Family Home
Montevideo, MN 56265
3
0
1522 ft2
1983
1 of 24 122 N 7TH ST
REO Foreclosure
 
Single Family Home
Montevideo, MN 56265
0
0
1234 ft2
1909
122 S 7TH ST
Auction
 
Single Family Home
Montevideo, MN 56265
0
0
0 ft2
214 N 12TH ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Montevideo, MN 56265
0
0
864 ft2
1950
727 S 12TH ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Montevideo, MN 56265
0
0
2598 ft2
1960
1 of 5 3492 160TH AVE N
Auction
 
Single Family Home
Minneota, MN 56264
0
2
2160 ft2
1998
Map
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Buying a Home in Madison, MN

Madison, MN is seeing rapid growth and Madison, MN's' housing market remains optimal with an average home price that is -65% below the 2024 national average. Madison, MN is part of Lac qui Parle 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 Lac qui Parle is 0.96% which is below the national average, which is 0.99%.

Median Home Price in Madison, MN

Median Rent in Madison, MN

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