Rent to own Homes in Millington, TN

Millington, TN is a great place for affordable rent-to-own homes! With a median household income of over $51,728 and a median rent of $970, the Millington, TN 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 Millington, TN. 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 Millington, TN rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 440
6861 CORAL HILL DR
Rent To Own
Easthill
Single Family Home
Bartlett, TN 38135
3
2
1541 ft2
1978
New
3419 MOUNTAIN TERRACE ST
Rent To Own
Alta Vista Neighborhood Association
Single Family Home
Memphis, TN 38127
4
2
1323 ft2
1961
3646 HAUGHTON LN #1
Rent To Own
Lantern Square Apartments
Townhouse/Condo
Memphis, TN 38128
3
3
1626 ft2
1974
Hot
4048 WARD AVE
Rent To Own
Jackson
Single Family Home
Memphis, TN 38108
2
1
715 ft2
1951
5657 NORMANDY PL
Rent To Own
Sylvan Hills
Single Family Home
Memphis, TN 38120
3
3
2600 ft2
1961
Hot
8074 S REGIS PL
Rent To Own
Alliance of Cordova Neighborhoods
Single Family Home
Cordova, TN 38018
4
2
1944 ft2
1981
222 GROVE DALE ST
Rent To Own
East Memphis
Single Family Home
Memphis, TN 38120
3
5
3309 ft2
1965
5330 LAURIE LN
Rent To Own
White Station -Yates Neighborhood Association
Single Family Home
Memphis, TN 38120
4
1
2026 ft2
1955
4562 QUINCE RD
Rent To Own
Colonial Acres Neighborhood Association
Single Family Home
Memphis, TN 38117
3
1
1006 ft2
1952
681 E DAVANT AVE
Rent To Own
Longview Heights Civic Club
Single Family Home
Memphis, TN 38106
2
1
953 ft2
1937
3630 CRESTWYN DR
Rent To Own
Lakes of Forest Hill
Single Family Home
Germantown, TN 38138
4
4
2803 ft2
1972
6618 Chesapeake Dr
Rent To Own
 
Single Family Home
Memphis, TN 38122
3
2
1344 ft2
7894 STATE LINE RD
Rent To Own
Lake Village Homeowners Association
Single Family Home
Memphis, TN 38125
3
3
1856 ft2
1962
4886 Bilco Rd
Rent To Own
Coro Lake Property Owners Association
Single Family Home
Memphis, TN 38109
5
3
0 ft2
1960
4313 MORGAN CV
Rent To Own
Olive Branch
Single Family Home
Olive Branch, MS 38654
4
2
2335 ft2
1995
4071 CAROLYN MITCHELL DR
Rent To Own
Olive Branch
Single Family Home
Olive Branch, MS 38654
5
3
2750 ft2
2018
4994 BAYWOOD DR
Rent to Own Eligible
 
Single Family Home
Millington, TN 38053
4
2
1632 ft2
1998
New
4593 CUBA MILLINGTON RD
Rent to Own Eligible
 
Single Family Home
Millington, TN 38053
3
1
987 ft2
1990
New
4235 SYKES RD
Rent to Own Eligible
 
Single Family Home
Millington, TN 38053
6
6
4948 ft2
1978
4654 TUMBLEBROOK CV
Rent to Own Eligible
 
Single Family Home
Millington, TN 38053
3
2
1182 ft2
1992
7882 QUITO RD
Rent to Own Eligible
 
Single Family Home
Millington, TN 38053
3
2
1192 ft2
1979
4593 BILL KNIGHT RD
Rent to Own Eligible
 
Single Family Home
Millington, TN 38053
3
2
1147 ft2
1964
New
7277 JUANA DR
Rent to Own Eligible
 
Single Family Home
Millington, TN 38053
3
2
1204 ft2
1964
New
1 of 13 2900 CUBA MILLINGTON RD
Rent to Own Eligible
 
Single Family Home
Millington, TN 38053
4
3
2188 ft2
1963
328 CHEROKEE RD
Rent to Own Eligible
West Road
Single Family Home
Millington, TN 38053
3
2
1288 ft2
1991
New
5198 JEFFREY KEITH DR
Rent to Own Eligible
Rockyford
Single Family Home
Bartlett, TN 38002
3
2
2020 ft2
1999
6320 BENDING RIVER RD
Rent to Own Eligible
Rivercrest
Single Family Home
Bartlett, TN 38135
4
2
2348 ft2
2012
441 TIPTON LAKE CIR W
Rent to Own Eligible
Tipton Lake
Single Family Home
Millington, TN 38053
4
4
2160 ft2
1998
New
5150 BEAGLE LN E
Rent to Own Eligible
Rockyford
Single Family Home
Bartlett, TN 38002
4
3
2523 ft2
2007
1 of 24 426 ASH RENE DR
Rent to Own Eligible
Rhodes Estates
Single Family Home
Millington, TN 38053
3
2
1819 ft2
1994
5083 FLUSS RD
Rent to Own Eligible
Rivercrest
Single Family Home
Bartlett, TN 38135
3
2
2630 ft2
2007
5081 FOGGY RIVER LN
Rent to Own Eligible
Rivercrest
Single Family Home
Bartlett, TN 38135
3
2
2405 ft2
2013
2705 MOONVIEW RD
Rent to Own Eligible
 
Single Family Home
Millington, TN 38053
3
2
1339 ft2
1939
6820 FRANIE LN
Rent to Own Eligible
Rockyford
Single Family Home
Arlington, TN 38002
3
3
3704 ft2
1995
6481 KINGS CV
Rent to Own Eligible
Rockyford
Single Family Home
Bartlett, TN 38135
3
3
2041 ft2
2001
6175 OLD BROWNSVILLE RD
Rent to Own Eligible
Ravencrest
Single Family Home
Bartlett, TN 38135
4
2
2430 ft2
2011
4770 WELLSGATE PT
Rent to Own Eligible
Wells Gate
Single Family Home
Bartlett, TN 38135
4
3
2621 ft2
2006
New
1 of 26 84 WALLACE CV
Rent to Own Eligible
 
Single Family Home
Atoka, TN 38004
4
3
1793 ft2
2021
4678 ROYAL VIEW DR
Rent to Own Eligible
 
Single Family Home
Memphis, TN 38128
3
2
1380 ft2
2006
4545 DIETZ CV
Rent to Own Eligible
Castle Ridge
Single Family Home
Bartlett, TN 38135
4
3
3059 ft2
2005
1 of 2 4512 SPRING VALLEY DR
Rent to Own Eligible
 
Single Family Home
Memphis, TN 38128
3
1
1478 ft2
1970
New
3814 SELDEN CV
Rent to Own Eligible
 
Single Family Home
Memphis, TN 38128
3
2
1088 ft2
1979
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Neighborhoods in Millington, TN

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Popular Zip Codes in Millington, TN

38055 rent to own homes

Buying a Home in Millington, TN

Millington, TN is seeing rapid growth and Millington, TN's' housing market remains optimal with an average home price that is -45% below the 2024 national average. Millington, TN is part of Shelby 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 Shelby is 1.38% which is above the national average, which is 0.99%.

Median Home Price in Millington, TN

Median Rent in Millington, TN

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