Rent to own Homes in Shakopee, MN

The nearby Minnesota River has played an important role in the history of Shakopee since its founding in 1857. Native American history is evident around the city and even inspired the name. Today, the city celebrates its historic roots and early beginnings as a trading post, while moving forward as a modern city. Residents enjoy the city's many entertainment options, varied recreation opportunities and proximity to the Mall of America.

Shakopee, MN is a great place for affordable rent-to-own homes! With a median household income of over $90,642 and a median rent of $1,213, the Shakopee, 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 Shakopee, 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 Shakopee, MN rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
6319 W 32ND ST
Rent To Own
Lenox
Single Family Home
Minneapolis, MN 55416
1
1
612 ft2
1926
6337 GIRARD AVE S
Rent To Own
CARAG
Single Family Home
Minneapolis, MN 55423
2
3
1380 ft2
1940
14620 GARRETT AVE #211
Rent To Own
 
Townhouse/Condo
Saint Paul, MN 55124
1
1
720 ft2
1980
4141 3RD ST NE #106
Rent To Own
 
Townhouse/Condo
Minneapolis, MN 55421
1
1
738 ft2
1986
107 WILKIN ST
Rent To Own
West Seventh
Single Family Home
Saint Paul, MN 55102
3
2
1548 ft2
1880
1 of 69 119 BRUSH ST
Rent To Own
 
Single Family Home
Norwood Young America, MN 55368
4
2
2506 ft2
1925
1 of 31 2973 TIFLAWN CT
Rent to Own Eligible
 
Single Family Home
Shakopee, MN 55379
5
4
3010 ft2
2003
New
1940 ALOHA AVE
Rent to Own Eligible
 
Single Family Home
Shakopee, MN 55379
4
2
1898 ft2
2022
1346 MEADOW LN
Rent to Own Eligible
 
Single Family Home
Shakopee, MN 55379
4
2
1392 ft2
2019
2311 WILDWOOD DR
Rent to Own Eligible
 
Single Family Home
Shakopee, MN 55379
2
3
2880 ft2
2005
New
1672 WINDSOR DR S
Rent to Own Eligible
 
Single Family Home
Shakopee, MN 55379
5
3
2067 ft2
2000
3875 RASPBERRY RIDGE RD NW
Rent to Own Eligible
 
Townhouse/Condo
Prior Lake, MN 55372
3
2
1158 ft2
2003
New
7454 WATERLILY WAY
Rent to Own Eligible
 
Single Family Home
Shakopee, MN 55379
5
3
2256 ft2
2020
2331 MATHIAS RD
Rent to Own Eligible
 
Single Family Home
Shakopee, MN 55379
4
3
2016 ft2
2001
New
706 ADAMS ST S
Rent to Own Eligible
 
Single Family Home
Shakopee, MN 55379
5
1
1120 ft2
1970
New
1547 BALINESE ST
Rent to Own Eligible
 
Townhouse/Condo
Shakopee, MN 55379
3
1
1520 ft2
2003
14242 FOUNTAIN HILLS CT NE
Rent to Own Eligible
 
Townhouse/Condo
Prior Lake, MN 55372
2
2
1092 ft2
2002
1043 PIERCE ST S
Rent to Own Eligible
 
Single Family Home
Shakopee, MN 55379
5
1
1330 ft2
1976
New
1062 CUBASUE AVE
Rent to Own Eligible
 
Single Family Home
Shakopee, MN 55379
4
2
396 ft2
2022
New
10635 SONOMA RDG
Rent to Own Eligible
 
Single Family Home
Eden Prairie, MN 55347
5
5
4036 ft2
2011
13646 CROWNLINE DR NE
Rent to Own Eligible
 
Single Family Home
Prior Lake, MN 55372
2
1
1905 ft2
2020
New
3492 BANEBERRY CIR
Rent to Own Eligible
 
Single Family Home
Shakopee, MN 55379
3
3
3123 ft2
2006
1 of 25 14712 CHERRY CT NE
Rent to Own Eligible
 
Single Family Home
Prior Lake, MN 55372
4
2
2380 ft2
1993
New
752 DANUBE AVE
Rent to Own Eligible
 
Single Family Home
Shakopee, MN 55379
3
2
1768 ft2
2007
New
14520 TYROL DR
Rent to Own Eligible
 
Single Family Home
Shakopee, MN 55379
3
1
1212 ft2
1978
New
2029 PHEASANT RUN ST
Rent to Own Eligible
 
Single Family Home
Shakopee, MN 55379
3
2
2172 ft2
2000
1 of 47 1468 ORCHARD PKWY S
Rent to Own Eligible
 
Single Family Home
Shakopee, MN 55379
3
2
1251 ft2
1996
New
5038 CONDONS ST SE
Rent to Own Eligible
 
Single Family Home
Prior Lake, MN 55372
4
3
2142 ft2
2022
2134 MUHLENHARDT RD
Rent to Own Eligible
 
Single Family Home
Shakopee, MN 55379
5
2
2474 ft2
1966
5847 MOONLIGHT WAY NE
Rent to Own Eligible
 
Townhouse/Condo
Prior Lake, MN 55372
3
2
1825 ft2
2018
1 of 51 3250 WOOD DUCK DR NW
Rent to Own Eligible
 
Single Family Home
Prior Lake, MN 55372
5
3
3950 ft2
2001
1 of 29 1272 POLK ST S
Rent to Own Eligible
 
Townhouse/Condo
Shakopee, MN 55379
2
2
1149 ft2
1981
1359 YORKSHIRE LN
Rent to Own Eligible
 
Townhouse/Condo
Shakopee, MN 55379
2
2
1306 ft2
2000
1 of 25 2318 ABBEY PT
Rent to Own Eligible
 
Townhouse/Condo
Shakopee, MN 55379
3
2
3706 ft2
1999
3105 SUNFLOWER WAY NW
Rent to Own Eligible
 
Single Family Home
Prior Lake, MN 55372
5
4
3426 ft2
2022
1 of 25 10980 BELL OAKS ESTATE RD
Rent to Own Eligible
 
Single Family Home
Eden Prairie, MN 55347
5
4
5507 ft2
2006
1 of 15 2050 12TH AVE W
Rent to Own Eligible
 
Townhouse/Condo
Shakopee, MN 55379
2
2
1100 ft2
1986
New
876 STONEBROOKE DR
Rent to Own Eligible
 
Single Family Home
Shakopee, MN 55379
4
3
2540 ft2
1999
1 of 45 3824 THRUSH ST
Rent to Own Eligible
 
Single Family Home
Shakopee, MN 55379
3
2
3388 ft2
2021
1 of 11 1571 LIBERTY ST
Rent to Own Eligible
 
Townhouse/Condo
Shakopee, MN 55379
2
2
1408 ft2
2003
105 COLUMBINE LN
Rent to Own Eligible
 
Single Family Home
Shakopee, MN 55379
2
1
1102 ft2
1996
New
2114 ROCKRIDGE CIR
Rent to Own Eligible
 
Single Family Home
Shakopee, MN 55379
5
3
3029 ft2
2006
1 of 62 4336 BULRUSH BLVD
Rent to Own Eligible
 
Townhouse/Condo
Shakopee, MN 55379
4
3
1933 ft2
2006
11457 LANDING RD
Rent to Own Eligible
 
Single Family Home
Eden Prairie, MN 55347
4
5
4206 ft2
2000
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55379 rent to own homes

Buying a Home in Shakopee, MN

Shakopee, MN is seeing rapid growth and Shakopee, MN's' housing market remains not optimal with an average home price that is 29% above the 2024 national average. Shakopee, MN is part of Scott 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 Scott is 1.03% which is above the national average, which is 0.99%.

Median Home Price in Shakopee, MN

Median Rent in Shakopee, MN

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

Top 4 Reasons to Live in Shakopee, MN

Housing costs are down! Shakopee home prices have dropped about 15% from 2013 to 2014. This is a great time for buyers to find their dream home. With costs down, dream big and look at homes with views of the Minnesota River. Another great location to consider is around Oxford Road. Shakopee offers easy access to Deans Lake and the Shakopee Bypass give the ideal mix of beauty and convenience. Plenty of parks dot the landscape and add to the green space and recreation opportunities.

Learn to skate! This Minnesota city is fortunate enough to experience all four seasons, but winter sports are a particular favorite here in Shakopee. Grab your skis, sled, ice skates or simply head outdoors to stay active all year. For those who love the idea of ice skating and ice hockey, the Shakopee Ice Arena is sure to please. The arena is open for 11 months out of the year, providing a place to learn how to ice skate, practice your figure eights and play on a hockey team. The Shakopee Community Center offers fitness equipment, a walking track and a skate park right next door.

Range of rentals! Whether you are looking for rent to own properties or simply want to enjoy apartment living, Shakopee has something for you. Average rents here are just slightly above the Minneapolis-St.Paul rents, but the growing population of Shakopee seems to confirm that the price of rent is worth it for living in such an exciting city. If budget is not a concern, check out Townline Avenue. It tends to be pricier, but it is close to the Stonebrooke Golf Club and O'Dowd Lake.

Exciting entertainment! The city is home to Valleyfair Amusement Park, where thrill rides, roller coasters, a water park and animatronic dinosaurs come together to offer fun to visitors. People who are looking to take in the thrills of the racetrack can check out the horses at the Canterbury Park racetrack.