Rent to own Homes in Raleigh, NC

The capital of North Carolina, Raleigh is the second largest city in the state. Nicknamed the "City of Oaks" because of its abundance of oak trees, Raleigh is especially famous for the beauty of its residential areas that are abound with tree-lined boulevards and historic houses. Home to North Carolina State University and the prestigious Progress Energy Center for the Performing Arts, it's considered to be one of the fastest-growing cities in the nation, yet it also boasts areas of pristine natural beauty such as Umstead State Park, which is famous for its quiet scenic trails and bridle paths.

Raleigh, NC is a great place for affordable rent-to-own homes! With a median household income of over $69,720 and a median rent of $1,175, the Raleigh, NC 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 Raleigh, NC. 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 Raleigh, NC rent to own homes for sale, which may include auction properties, for sale by owner, and more.

Showing 1 - 44 of 221
140 PARKHAVEN LN
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Garner, NC 27529
1,223 Sqft | Built in 1996
202 BRITTANY PL
6 Beds, 6.5 Baths
Rent To Own
 
Single Family Home
Cary, NC 27511
7,099 Sqft | Built in 1999
6900 GLENDOWER RD
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Raleigh, NC 27613
1,400 Sqft | Built in 1983
Hot
4921 UNIVERSAL DR
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Wake Forest, NC 27587
1,500 Sqft | Built in 1972
1077 UPCHURCH FARM LN
6 Beds, 4 Baths
Rent To Own
Upchurch Farms
Single Family Home
Cary, NC 27519
3,600 Sqft | Built in 2004
1821 STROUP ST
4 Beds, 4 Baths
Rent To Own
 
Townhouse/Condo
Apex, NC 27502
2,450 Sqft | Built in 2021
917 Dacian Ave APT 9
1 Bed, 1 Bath
Rent To Own
 
Single Family Home
Durham, NC 27701
470 Sqft
Hot
1 of 8 133 TAST DR
3 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
Wendell, NC 27591
1,727 Sqft | Built in 2001
Rent to own homes offer low monthly payments and flexible terms.
2257 BROWN RD
2 Beds, 2 Baths
Rent To Own
 
Single Family Home
Sanford, NC 27330
3,400 Sqft | Built in 1995
1 of 9 9809 BLACKWELL DR
2 Beds, 2.5 Baths
Rent To Own
Brier Creek Country Club
Townhouse/Condo
Raleigh, NC 27617
1,409 Sqft | Built in 2004
1 of 30 5405 HOUNDS EAR PL
6 Beds, 4 Baths
Rent To Own
 
Single Family Home
Raleigh, NC 27606
2,557 Sqft | Built in 1983
1 of 67 204 WINDFIELD CT
4 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
Raleigh, NC 27615
2,039 Sqft | Built in 1971
1 of 12 1917 MANUEL ST
4 Beds, 3 Baths
Rent To Own
 
Single Family Home
Raleigh, NC 27612
2,390 Sqft | Built in 1959
1 of 18 306 BANYON TREE LN
4 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
Cary, NC 27513
2,800 Sqft | Built in 2001
1 of 43 11242 BAYBERRY HILLS DR
3 Beds, 3 Baths
Rent To Own
 
Single Family Home
Raleigh, NC 27617
2,587 Sqft | Built in 2012
1 of 39 907 BLUE BIRD LN
3 Beds, 2 Baths
Rent To Own
 
Townhouse/Condo
Wake Forest, NC 27587
1,860 Sqft | Built in 2014
Hot
1 of 18 531 SPRINGFORK DR
2 Beds, 2 Baths
Rent To Own
 
Townhouse/Condo
Cary, NC 27513
1,295 Sqft | Built in 1987
1 of 22 11803 WAKE BLUFF DR
6 Beds, 5 Baths
Rent To Own
 
Single Family Home
Raleigh, NC 27614
5,689 Sqft | Built in 2007
1 of 16 8504 CLIVEDON DR
3 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
Raleigh, NC 27615
2,107 Sqft | Built in 1994
Hot
1 of 21 4424 COTTAGE STONE DR
3 Beds, 2.5 Baths
Rent To Own
 
Townhouse/Condo
Raleigh, NC 27616
1,442 Sqft | Built in 2002
1 of 27 5300 FORSYTH PARK ST
4 Beds, 3 Baths
Rent To Own
 
Single Family Home
Raleigh, NC 27616
2,237 Sqft | Built in 2017
1 of 26 4928 LADY OF THE LAKE DR
3 Beds, 2.5 Baths
Rent To Own
 
Townhouse/Condo
Raleigh, NC 27612
1,691 Sqft | Built in 2005
1 of 21 9724 BEECHNUT TRL
6 Beds, 5.5 Baths
Rent To Own
 
Single Family Home
Raleigh, NC 27613
6,522 Sqft | Built in 2002
1 of 8 9601 BERRYVILLE CT
4 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
Raleigh, NC 27617
1,864 Sqft | Built in 1989
Hot
1 of 36 208 WOODS REAM DR
4 Beds, 3 Baths
Rent To Own
 
Single Family Home
Raleigh, NC 27615
2,046 Sqft | Built in 1971
1 of 5 121 SKYLARK WAY
2 Beds, 2 Baths
Rent To Own
 
Townhouse/Condo
Raleigh, NC 27615
1,258 Sqft | Built in 1986
Hot
1 of 25 10436 DAPPING DR
3 Beds, 3 Baths
Rent To Own
 
Townhouse/Condo
Raleigh, NC 27614
1,982 Sqft | Built in 2002
1 of 25 12333 GALWAY DR
3 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
Raleigh, NC 27613
2,822 Sqft | Built in 1988
Hot
1 of 21 2033 TREXLER CT
3 Beds, 2.5 Baths
Rent To Own
 
Townhouse/Condo
Raleigh, NC 27606
1,285 Sqft | Built in 1986
Hot
1 of 18 2839 BARMETTLER ST
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Raleigh, NC 27607
1,692 Sqft | Built in 1948
1 of 24 416 Chatterson Drive
4 Beds, 2.5 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
Raleigh, NC 26715
2,967 Sqft | Built in 1996
Hot
1 of 8 5111 LADY OF THE LAKE DR
4 Beds, 3.5 Baths
Rent To Own
 
Townhouse/Condo
Raleigh, NC 27612
2,183 Sqft | Built in 2006
Hot
1 of 13 739 WEATHERGREEN DR
4 Beds, 3 Baths
Rent To Own
 
Townhouse/Condo
Raleigh, NC 27615
2,650 Sqft | Built in 1982
1 of 16 7627 WEATHERED OAK WAY
3 Beds, 2.5 Baths
Rent To Own
 
Townhouse/Condo
Raleigh, NC 27616
1,561 Sqft | Built in 2014
1 of 10 9030 GRASSINGTON WAY
2 Beds, 2.5 Baths
Rent To Own
 
Townhouse/Condo
Raleigh, NC 27615
1,360 Sqft | Built in 2001
Hot
3003 MEDLIN DR
4 Beds, 2 Baths
Rent To Own
 
Townhouse/Condo
Raleigh, NC 27607
2,200 Sqft | Built in 1951
Hot
1 of 3 7754 SANDRA LN
3 Beds, 2.5 Baths
Rent To Own
 
Townhouse/Condo
Raleigh, NC 27615
1,472 Sqft | Built in 1984
Hot
1 of 20 8804 HARPS MILL RD
3 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
Raleigh, NC 27615
2,338 Sqft | Built in 1996
Hot
1 of 36 1904 TOPSFIELD CT
3 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
Raleigh, NC 27615
3,300 Sqft | Built in 1986
3116 BRADDOCK DR
3 Beds, 2.5 Baths
Rent To Own
Brookhaven
Single Family Home
Raleigh, NC 27612
2,791 Sqft | Built in 1971
1 of 9 2801 TRAILWOOD PINES LN
3 Beds, 2 Baths
Rent To Own
 
Townhouse/Condo
Raleigh, NC 27603
1,150 Sqft | Built in 2002
1 of 23 1511 ANTHOLOGY DR
2 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
Durham, NC 27703
2,108 Sqft | Built in 2016
Hot
1 of 26 449 CROSS COUNTRY WAY
4 Beds, 3.5 Baths
Rent To Own
 
Townhouse/Condo
Durham, NC 27703
2,400 Sqft | Built in 2020
Hot
1 of 18 1806 CREIGHTON HALL WAY
6 Beds, 3.5 Baths
Rent To Own
 
Single Family Home
Durham, NC 27703
3,600 Sqft | Built in 2016
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Rent to own Homes in Cities Near Raleigh, NC

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Buying a Home in Raleigh, NC

Raleigh, NC is seeing rapid growth and Raleigh, NC's' housing market remains optimal with an average home price that is -100% below the 2022 national average. Raleigh, NC is part of Wake 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 2022 for county Wake is 0.81% which is below the national average, which is 0.99%.

Median Home Price in Raleigh, NC

Median Rent in Raleigh, NC

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

Average Cost of Living in Raleigh

Raleigh's housing expenses are 30% lower than the average US expenses, with 4% lower utility costs and 8% lower transportation costs.

Average Home Prices in Raleigh

The average cost for a home in Raleigh, NC, is $341,000, than the national average of $295,300.

Raleigh Statistics

If you're interested in Raleigh rent-to-own homes, don't forget to consider important factors in addition to monthly living costs, such as average commute, taxes, crime rates, etc. The following are some common Raleigh statistics compared to the U.S. national average.

Raleigh AveragesNational Averages
One-Way Commute23.4 minutes27.1 minutes
Violent Crime10.922.7
Property Crime17.935.4
Unemployment Rate4.3%4.7%
Income Tax Rate5.5%4.6%
Air QualityAQI 35AQI 40
Water QualitySafeSafe
Median Household Income$54,581$79,900
Median Property Taxes$2,327$2,471
Utilities$230.56$171.67
Monthly Rent$1,502$1,098
Median Home Cost$341,000$295,300
Median Home Age27 years37 years

Housing Statistics

The median sale price of a home in Raleigh is $199,400, which shows an increase of 5.1 percent percent over last year's figures. The median list price of a home in Raleigh is $212,500, which represents an increase of 10.7 percent over last year's list prices. A total of 18,944 houses and condominiums have recently sold in the Raleigh area. As of August 2013, 81.9 percent of Raleigh's residential properties are single family homes, 7.6 percent are condominiums, and 10.5 percent are other types of properties. Raleigh's annual residential turnover rate is 23.27 percent.

Local Dining

Raleigh is home to a wide range of eateries, from fine dining restaurants to barbecue palaces, cafes and diners. Here are a few favorites:

Local Shopping

North Hills is Raleigh's most popular suburban shopping area. This Midtown neighborhood features a number of large-scale malls and shopping plazas, including North Hills Mall, which has nearly 100 stores, as well as movie theaters, gyms, spas and other service providers.

Neighborhoods

Here are some neighborhoods in Raleigh you should know about:

Raleigh, NC Frequently Asked Questions

Raleigh is the state capital of North Carolina. It has both urban and rural areas. Most rural areas are on the outskirts of Raleigh.

Raleigh is one of the safest cities in the US. It ranks #9 on the list of US cities with low crime rates and low financial insecurity.

Hurricanes don't often reach as far inland as Raleigh. The Raleigh-Durham area typically receives a maximum of 7 inches per storm and rainfall and wind speed only reaches tropical storm level.

The average cost for a home in Raleigh, NC, is $341,000.

Raleigh, NC has a walk score of

Raleigh, NC has a bike score of

The state tax rate is 4.99% on top of the federal tax rate of 10 to 37%.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Some data might be from tax-rates.org
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