Rent to own Homes in Melville, RI

Melville, RI is a great place for affordable rent-to-own homes! With a median household income of over $84,550 and a median rent of $2,238, the Melville, RI 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 Melville, RI. 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 Melville, RI rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
247 GROSVENOR AVE
Rent To Own
North Providence
Single Family Home
North Providence, RI 02904
2
2
959 ft2
1953
1 of 4 2128 HARTFORD AVE
Rent To Own
Bishop Heights
Single Family Home
Johnston, RI 02919
3
1
1080 ft2
1950
54 ACRES OF PINE RD
Rent To Own
 
Single Family Home
Coventry, RI 02816
2
2
1440 ft2
1940
Hot
231 MAPLE AVE #102
Rent To Own
Newport
Townhouse/Condo
Newport, RI 02840
3
3
2112 ft2
2005
34 THURSTON AVE
Rent To Own
Newport
Single Family Home
Newport, RI 02840
3
1
2358 ft2
1900
130 RESERVOIR RD
Rent To Own
Newport East
Single Family Home
Middletown, RI 02842
3
2
1360 ft2
1955
6 O Donnell Road
Rent To Own
Purgatory
Multifamily (2 - 4 Units)
Middletown, RI 02842
4
2
1711 ft2
1956
609 E SHORE RD
Rent To Own
East Passage Estates
Single Family Home
Jamestown, RI 02835
4
2
2300 ft2
1977
1 of 6 12 Cypress Street
Rent To Own
North Tiverton
Multifamily (2 - 4 Units)
Tiverton, RI 02878
3
2
1152 ft2
1947
Hot
1 of 68 54 WEBSTER AVE
Rent To Own
 
Single Family Home
Narragansett, RI 02882
4
4
2100 ft2
2007
1 of 12 56 Betony Road
Rent To Own
 
Multifamily (2 - 4 Units)
Narragansett, RI 02882
5
2
1988 ft2
2007
1 of 7 1070 Crandall Road, Unit 4
Rent To Own
 
Multifamily (2 - 4 Units)
Tiverton, RI 02878
2
1
731 ft2
2006
1 of 6 146 BOSTON NECK RD
Rent To Own
Cold Spring Beach
Single Family Home
North Kingstown, RI 02852
7
7
4306 ft2
1906
Hot
65 INGERSOLL AVE
Rent To Own
Buttonwoods
Single Family Home
Warwick, RI 02886
3
2
1704 ft2
1955
1 of 24 8 FOSTER ST
Rent To Own
Barrington
Single Family Home
Barrington, RI 02806
3
2
2193 ft2
1929
Hot
1 of 29 183 S PIERCE RD
Rent To Own
Meadowbrook Farms
Single Family Home
East Greenwich, RI 02818
3
1
1344 ft2
1950
Hot
1 of 27 20 NARRAGANSETT AVE #802
Rent To Own
 
Townhouse/Condo
Narragansett, RI 02882
2
2
987 ft2
2007
Hot
1 of 28 32 MYRTLE AVE
Rent To Own
Riverside
Single Family Home
Riverside, RI 02915
3
2
1728 ft2
1967
Hot
1 of 11 3 CHESHIRE DR
Rent To Own
Hampden Meadows
Single Family Home
Barrington, RI 02806
3
2
1950 ft2
1961
Hot
1 of 12 66 LYDICK AVE
Rent To Own
Spring Green
Single Family Home
Warwick, RI 02888
3
2
1188 ft2
1954
Hot
1 of 17 57 STANLEY ST
Rent To Own
Fall River
Single Family Home
Fall River, MA 02720
2
2
1000 ft2
1945
Hot
1 of 12 105 ROCKY BROOK WAY
Rent To Own
 
Townhouse/Condo
Wakefield, RI 02879
2
2
1269 ft2
2005
33 GLENWOOD CIR
Rent To Own
 
Single Family Home
Wakefield, RI 02879
3
2
1206 ft2
1981
Hot
1 of 17 26 SAINT JAMES RD
Rent To Own
 
Single Family Home
Narragansett, RI 02882
5
4
2552 ft2
2001
1 of 40 11 College Hill Rd. , Apt 2A
Rent To Own
East Natick
Multifamily (2 - 4 Units)
Warwick, RI 02886
2
2
1500 ft2
2000
Hot
1 of 29 57 BRAMBLE LN
Rent To Own
Crompton
Single Family Home
West Warwick, RI 02893
5
2
2288 ft2
1973
1 of 6 121 SECOND ST
Rent To Own
Watchemocket
Townhouse/Condo
East Providence, RI 02914
5
4
1625 ft2
1910
Hot
1 of 20 117 GROSVENOR AVE
Rent To Own
Watchemocket
Single Family Home
East Providence, RI 02914
3
2
1416 ft2
1930
Hot
1 of 31 57 RUSSELL AVE
Rent To Own
Watchemocket
Single Family Home
East Providence, RI 02914
4
2
1849 ft2
1920
Hot
1 of 3 168 COMPOS ST
Rent To Own
Somerset Historic Village
Single Family Home
Somerset, MA 02726
3
2
1664 ft2
1999
Hot
1 of 24 161 HILLCREST DR N
Rent To Own
Cranston
Single Family Home
Cranston, RI 02921
3
4
2120 ft2
1993
183 VINTON ST
Rent To Own
Federal Hill
Multifamily (5+ Units)
Providence, RI 02909
6
3
2968 ft2
1900
113 KEENE ST
Rent To Own
College Hill
Single Family Home
Providence, RI 02906
6
3
1990 ft2
1900
804 WAITES CORNER RD
Rent To Own
 
Single Family Home
West Kingston, RI 02892
2
1
1624 ft2
1968
75-77 Laban St
Rent To Own
Hartford
Single Family Home
Providence, RI 02909
9
4
3410 ft2
1910
Hot
1 of 2 114 ROME DR
Rent To Own
Cranston
Single Family Home
Cranston, RI 02921
3
2
2356 ft2
1996
1 of 19 56 Doyle Ave
Rent To Own
Mt. Hope
Multifamily (2 - 4 Units)
Providence, RI 02906
4
1
1346 ft2
1910
60 Taft Ave
Rent To Own
Blackstone
Single Family Home
Providence, RI 02906
1
1
715 ft2
1940
466 KNOTTY OAK RD
Rent To Own
 
Single Family Home
Coventry, RI 02816
2
2
1200 ft2
1964
Hot
115 HOLDEN RD
Rent To Own
 
Single Family Home
Wakefield, RI 02879
3
2
1408 ft2
1996
1 of 30 1571 PINE ST
Rent To Own
 
Single Family Home
Dighton, MA 02715
3
2
1682 ft2
1893
Hot
1 of 14 420 CENTRAL AVE
Rent To Own
Thornton
Single Family Home
Johnston, RI 02919
3
3
1636 ft2
1952
9 WHITE OAK CT
Rent To Own
Coventry Center
Single Family Home
Coventry, RI 02816
4
4
2615 ft2
1999
Hot
1 of 27 7 FINCH CT
Rent To Own
Cranston
Single Family Home
Cranston, RI 02921
4
3
3200 ft2
2002
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Neighborhoods in Melville, RI

Lawtons rent to own homes

Popular Zip Codes in Melville, RI

02841 rent to own homes

Buying a Home in Melville, RI

Melville, RI is seeing rapid growth and Melville, RI's' housing market remains optimal with an average home price that is -100% below the 2024 national average. Melville, RI is part of Newport 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 Newport is 0.98% which is below the national average, which is 0.99%.

Median Home Price in Melville, RI

Median home price data is currently unavailable.

Median Rent in Melville, RI

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