Rent to own Homes in Luverne, ND

Luverne, ND is a great place for affordable rent-to-own homes! With the current housing shortage trend it can make it harder to become a homeowner, including in Luverne, ND. 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 Luverne, ND rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 4 of 4
801 5TH AVE NW
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Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Valley City, ND 58072
4
3
2020 ft2
1955
359 3RD ST NW
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Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Valley City, ND 58072
3
2
1346 ft2
1950
510 8TH AVE
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REO Foreclosure
 
Single Family Home
Oriska, ND 58063
2
1
696 ft2
1925
1 of 33 133 HIGHWAY 38
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REO Foreclosure
 
Single Family Home
Alice, ND 58031
2
1
1537 ft2
1950
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Buying a Home in Luverne, ND

Luverne, ND is seeing rapid growth and Luverne, ND's' housing market remains optimal with an average home price that is -86% below the 2025 national average. Luverne, ND is part of Steele 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 2025 for county Steele is 1.18% which is above the national average, which is 0.99%.

Median Home Price in Luverne, ND

Median Rent in Luverne, ND

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