Rent to own Homes in Penns Grove, NJ

Penns Grove, NJ is a great place for affordable rent-to-own homes! With a median household income of over $32,361 and a median rent of $1,029, the Penns Grove, NJ 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 Penns Grove, NJ. 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 Penns Grove, NJ rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
209 Eastlwn Avenue
Rent To Own
Eastlawn
Single Family Home
Wilmington, DE 19802
2
4
0 ft2
1987
1 of 17 4 WATER ST
Rent To Own
Pennsville
Single Family Home
Pennsville, NJ 08070
4
2
2133 ft2
1986
Lease Purchase - Fully Remodeled 1213 D St
Rent To Own
South Wilmington
Single Family Home
Wilmington, DE 19801
4
2
0 ft2
1 of 9 216 S CONNELL ST
Rent To Own
Browntown
Single Family Home
Wilmington, DE 19805
3
1
1080 ft2
1940
16 E. Cedar St
Rent To Own
 
Single Family Home
Wilmington, DE 19805
3
2
0 ft2
1 of 5 141 MORAVIAN CHURCH RD
Rent To Own
 
Single Family Home
Swedesboro, NJ 08085
5
3
3736 ft2
1970
Hot
436 W 21ST ST
Rent To Own
Edgemont Park
Single Family Home
Chester, PA 19013
3
1
1152 ft2
1950
1124 Putnam Blvd
Rent To Own
 
Single Family Home
Wallingford, PA 19086
3
3
2480 ft2
1987
925 PUTNAM BLVD
Rent To Own
 
Townhouse/Condo
Wallingford, PA 19086
4
4
2400 ft2
1977
167 PORTSMOUTH CIR
Rent To Own
 
Single Family Home
Glen Mills, PA 19342
3
5
8450 ft2
2002
209 W WASHINGTON AVE
Rent To Own
 
Single Family Home
Clifton Heights, PA 19018
3
1
1152 ft2
1947
1 of 25 26 MACKAY LN
Rent To Own
Brookside Park
Single Family Home
Newark, DE 19713
4
2
1340 ft2
1954
101 MARPLE RD
Rent To Own
 
Single Family Home
Haverford, PA 19041
4
5
4197 ft2
1940
32 MIDDLE WALLOP RD
Rent To Own
Glasgow
Single Family Home
Bear, DE 19701
4
1
1325 ft2
1985
2 LOBBS LN
Rent To Own
 
Single Family Home
Devon, PA 19333
6
3
2804 ft2
1900
Hot
1 of 6 143 CRICKET DR
Rent To Own
 
Townhouse/Condo
Malvern, PA 19355
4
4
2320 ft2
2017
529 MIDDLESEX DR
Rent To Own
 
Single Family Home
Middletown, DE 19709
4
6
3755 ft2
2007
560 S GUERNSEY RD
Rent To Own
 
Single Family Home
West Grove, PA 19390
4
5
2433 ft2
2014
3612 N PERCY ST
Rent To Own
North Philadelphia East
Townhouse/Condo
Philadelphia, PA 19140
3
1
1180 ft2
1940
356 E WISTER ST
Rent To Own
East Germantown
Townhouse/Condo
Philadelphia, PA 19144
3
1
1180 ft2
1920
1976 Northeast Ave LOT 4
Rent To Own
 
Single Family Home
Vineland, NJ 08360
3
2
1848 ft2
2022
1104 PRINCESS RD
Rent To Own
Ellisburg
Single Family Home
Cherry Hill, NJ 08034
4
3
2497 ft2
1967
Fairview Manor, Fairview Manor
Rent To Own
 
Single Family Home
Vineland, NJ 08360
3
1
900 ft2
2022
Chinquapin Rd
Rent To Own
 
Single Family Home
Southampton, PA 18966
5
2
2708 ft2
6203 CARNEYS POINT LN
Rent to Own Eligible
Carneys Point
Single Family Home
Spring, TX 77379
4
3
2240 ft2
2003
New
1503 VILLA RD
Rent to Own Eligible
 
Single Family Home
Wilmington, DE 19809
2
3
1452 ft2
1987
908 BELLEFONTE AVE
Rent to Own Eligible
Bellefonte
Single Family Home
Wilmington, DE 19809
3
1
1440 ft2
1958
New
106 RIVER RD
Rent to Own Eligible
Edgemoor
Single Family Home
Wilmington, DE 19809
2
1
1056 ft2
1950
802 HAINES AVE
Rent to Own Eligible
Gordon Heights
Single Family Home
Wilmington, DE 19809
4
1
1674 ft2
1930
New
104 RODMAN RD
Rent to Own Eligible
Phillips Heights
Single Family Home
Wilmington, DE 19809
4
3
2904 ft2
1927
New
1310 JEFFERSON AVE
Rent to Own Eligible
 
Single Family Home
Wilmington, DE 19809
2
1
1092 ft2
1950
New
3050 N HEALD ST
Rent to Own Eligible
 
Single Family Home
Wilmington, DE 19802
3
2
1134 ft2
1996
New
513 SPRING LAKE AVE
Rent to Own Eligible
 
Single Family Home
Wilmington, DE 19809
4
3
2142 ft2
1972
1200 E 22ND ST
Rent to Own Eligible
Riverside
Single Family Home
Wilmington, DE 19802
3
2
1460 ft2
1900
110 MILFORD AVE
Rent to Own Eligible
 
Single Family Home
Wilmington, DE 19809
3
2
1248 ft2
1963
New
402 IRVING DR
Rent to Own Eligible
Brandywine Hills
Single Family Home
Wilmington, DE 19802
3
3
1302 ft2
1944
2620 WASHINGTON AVE
Rent to Own Eligible
Claymont
Single Family Home
Claymont, DE 19703
4
2
1667 ft2
1938
New
2100 N LOCUST ST
Rent to Own Eligible
Vandever Avenue
Single Family Home
Wilmington, DE 19802
4
1
1588 ft2
1930
1229 N HEALD ST
Rent to Own Eligible
11th Street Bridge
Single Family Home
Wilmington, DE 19802
3
1
1240 ft2
1900
New
1234 EVERGREEN RD
Rent to Own Eligible
 
Single Family Home
Wilmington, DE 19803
3
2
1352 ft2
1955
906 SHIPLEY RD
Rent to Own Eligible
 
Single Family Home
Wilmington, DE 19803
5
4
4952 ft2
1920
7 W 29th St
Rent to Own Eligible
North Brandywine
Townhouse/Condo
Wilmington, DE 19801
3
2
1100 ft2
1920
New
308 CHAPEL AVE
Rent to Own Eligible
Claymont
Single Family Home
Claymont, DE 19703
3
1
1160 ft2
1963
307 W 29TH ST
Rent to Own Eligible
Baynard Village
Single Family Home
Wilmington, DE 19802
3
1
1408 ft2
1920
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Buying a Home in Penns Grove, NJ

Penns Grove, NJ is seeing rapid growth and Penns Grove, NJ's' housing market remains optimal with an average home price that is -40% below the 2024 national average. Penns Grove, NJ is part of Salem 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 Salem is 2.21% which is above the national average, which is 0.99%.

Median Home Price in Penns Grove, NJ

Median Rent in Penns Grove, NJ

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