Rent to own Homes in Tea, SD

Tea, SD is a great place for affordable rent-to-own homes! With a median household income of over $89,452 and a median rent of $966, the Tea, SD 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 Tea, SD. 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 Tea, SD rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 118
3208 W WOODCREST WAY
Rent To Own
 
Townhouse/Condo
Sioux Falls, SD 57105
3
4
2787 ft2
1976
1 of 19 1304 S TAYBERRY AVE
Rent To Own
 
Single Family Home
Sioux Falls, SD 57106
5
3
3352 ft2
2002
Hot
1 of 34 9205 W KINGFISHER CIR
Rent To Own
 
Single Family Home
Sioux Falls, SD 57107
4
3
2887 ft2
2015
Hot
1 of 41 306 W 8TH ST
Rent To Own
 
Single Family Home
Hartford, SD 57033
5
4
2576 ft2
1978
1 of 30 5608 S DREXEL DR
Auction
 
Single Family Home
Sioux Falls, SD 57106
2
2
1648 ft2
New
1 of 14 7309 W 51ST ST
Auction
 
Single Family Home
Sioux Falls, SD 57106
2
1
1077 ft2
2005
New
1 of 26 3612 S KLEIN AVE
Auction
 
Single Family Home
Sioux Falls, SD 57106
2
2
844 ft2
2007
1 of 86 1515 S CAMPBELL TRL
Auction
 
Townhouse/Condo
Sioux Falls, SD 57106
3
2
1164 ft2
1998
8005 W STONEY CREEK ST
Auction
 
Single Family Home
Sioux Falls, SD 57106
3
2
816 ft2
2003
1 of 5 1206 S BRIDGEPORT PL
Auction
Silver Valley
Townhouse/Condo
Sioux Falls, SD 57106
2
2
1224 ft2
1988
5709 W NANCY ST
Auction
Silver Valley
Single Family Home
Sioux Falls, SD 57106
4
2
1004 ft2
1993
New
1 of 45 908 S KIWANIS AVE
Auction
 
Single Family Home
Sioux Falls, SD 57104
3
1
1170 ft2
1950
New
1609 S PARK AVE
Auction
 
Single Family Home
Sioux Falls, SD 57105
3
2
1180 ft2
1951
1 of 22 2024 S COVELL AVE
REO Foreclosure
Augustana
Single Family Home
Sioux Falls, SD 57105
3
2
816 ft2
1941
1 of 6 500 S WILLIAMS AVE
REO Foreclosure
Emerson
Single Family Home
Sioux Falls, SD 57104
3
2
1248 ft2
1882
New
1 of 14 1808 S COVELL AVE
Auction
Augustana
Single Family Home
Sioux Falls, SD 57105
3
1
1249 ft2
1959
New
1 of 62 715 S WILLOW AVE
Auction
Emerson
Single Family Home
Sioux Falls, SD 57104
3
2
1119 ft2
1955
2415 S NORTON AVE
Auction
Augustana
Single Family Home
Sioux Falls, SD 57105
3
2
804 ft2
1949
803 S GLENDALE AVE
Auction
 
Single Family Home
Sioux Falls, SD 57104
3
3
768 ft2
1923
New
217 S LYNDALE AVE
Auction
Emerson
Single Family Home
Sioux Falls, SD 57104
2
1
1239 ft2
1938
1 of 23 1605 W 10TH ST
REO Foreclosure
Emerson
Single Family Home
Sioux Falls, SD 57104
2
1
768 ft2
1922
1307 S DULUTH AVE
Auction
Augustana
Single Family Home
Sioux Falls, SD 57105
2
1
630 ft2
1941
1 of 13 231 N WEST AVE
REO Foreclosure
Axtell Park
Single Family Home
Sioux Falls, SD 57104
2
1
1097 ft2
1940
825 S DULUTH AVE
REO Foreclosure
Augustana
Single Family Home
Sioux Falls, SD 57104
4
4
2593 ft2
1905
1 of 47 624 S PRAIRIE AVE
Auction
Folsom's Addition
Single Family Home
Sioux Falls, SD 57104
3
2
1296 ft2
1916
1 of 5 1803 S PHILLIPS AVE
Auction
 
Single Family Home
Sioux Falls, SD 57105
4
2
884 ft2
1918
1014 W 10TH ST
REO Foreclosure
Axtell Park
Single Family Home
Sioux Falls, SD 57104
3
1
1356 ft2
1914
1 of 15 1004 W 10TH ST
Auction
Axtell Park
Single Family Home
Sioux Falls, SD 57104
3
2
1248 ft2
1916
New
1 of 37 317 N COVELL AVE
Auction
Axtell Park
Single Family Home
Sioux Falls, SD 57104
3
2
832 ft2
1954
1 of 6 813 W 11TH ST
Auction
Folsom's Addition
Single Family Home
Sioux Falls, SD 57104
3
1
1134 ft2
1912
101 N TRAPP AVE
Auction
Axtell Park
Single Family Home
Sioux Falls, SD 57104
3
2
1288 ft2
1900
1 of 35 715 S DAKOTA AVE
REO Foreclosure
All Saints
Single Family Home
Sioux Falls, SD 57104
4
2
2262 ft2
1913
2808 N PAMPAS GRASS AVE
Auction
 
Single Family Home
Sioux Falls, SD 57107
3
2
1233 ft2
2020
New
315 E 18TH ST
Auction
All Saints
Single Family Home
Sioux Falls, SD 57105
3
1
1230 ft2
1916
New
615 N WALTS AVE
Auction
North End West
Single Family Home
Sioux Falls, SD 57104
3
2
1116 ft2
1958
1 of 10 303 N WEST AVE
REO Foreclosure
 
Single Family Home
Sioux Falls, SD 57104
1
2
915 ft2
1919
1003 S 5TH AVE
Short Sale
All Saints
Single Family Home
Sioux Falls, SD 57105
2
2
768 ft2
1928
1 of 14 816 W MADISON ST
REO Foreclosure
 
Single Family Home
Sioux Falls, SD 57104
2
1
752 ft2
1941
New
821 N SPRING AVE
Auction
North End West
Single Family Home
Sioux Falls, SD 57104
2
2
1144 ft2
1977
New
1 of 28 1736 S SHERMAN AVE
Auction
 
Single Family Home
Sioux Falls, SD 57105
2
2
1170 ft2
1955
2001 S WAYLAND AVE
Auction
 
Single Family Home
Sioux Falls, SD 57105
2
1
1186 ft2
1954
New
1901 S BLAUVELT AVE
Auction
 
Single Family Home
Sioux Falls, SD 57105
2
2
912 ft2
1953
915 E 6TH ST
Short Sale
Whittier
Single Family Home
Sioux Falls, SD 57103
4
2
1882 ft2
1916
1 of 27 1313 S BRUCE RD
Auction
 
Single Family Home
Sioux Falls, SD 57105
3
2
988 ft2
1962
Map
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Neighborhoods in Tea, SD

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Buying a Home in Tea, SD

Tea, SD is seeing rapid growth and Tea, SD's' housing market remains not optimal with an average home price that is 3% above the 2024 national average. Tea, SD is part of Lincoln 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 Lincoln is 1.46% which is above the national average, which is 0.99%.

Median Home Price in Tea, SD

Median Rent in Tea, SD

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