Rent to own Homes in Martha Lake, WA

Martha Lake, WA attracts residents for its easy living, access to the Seattle Tacoma Metropolitan Area and natural splendor. While the city's population is a cozy 15,473 according to the 2010 census, downtown Seattle is less than 20 miles on the I-5. With a diverse environment, Martha Lake offers access to saltwater beaches, an alpine wilderness and dense forests that cover nearly 68 percent of the surrounding area.

Martha Lake, WA is a great place for affordable rent-to-own homes! With a median household income of over $111,128 and a median rent of $1,757, the Martha Lake, WA 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 Martha Lake, WA. 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 Martha Lake, WA rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
New
3445 134TH AVE NE
Rent To Own
Bridle Trails
Single Family Home
Bellevue, WA 98005
4
3
4040 ft2
2006
15346 SE MAY VALLEY RD
Rent To Own
 
Single Family Home
Renton, WA 98059
3
2
1100 ft2
1912
New
1828 142ND ST SE
Rent to Own Eligible
Mill Creek
Single Family Home
Mill Creek, WA 98012
3
2
2280 ft2
1981
New
10 143RD ST SW
Rent to Own Eligible
 
Single Family Home
Lynnwood, WA 98087
3
2
1684 ft2
1987
New
1104 145TH PL SW
Rent to Own Eligible
 
Townhouse/Condo
Lynnwood, WA 98087
4
3
2315 ft2
2014
1227 141ST ST SE
Rent to Own Eligible
Mill Creek
Single Family Home
Mill Creek, WA 98012
4
4
3324 ft2
1987
New
17102 7TH PL W
Rent to Own Eligible
 
Single Family Home
Lynnwood, WA 98037
5
4
3753 ft2
2014
New
16122 2ND PL W
Rent to Own Eligible
 
Single Family Home
Lynnwood, WA 98087
3
2
1712 ft2
1987
1 of 40 17620 17TH DR SE
Rent to Own Eligible
 
Single Family Home
Bothell, WA 98012
4
3
2052 ft2
1979
New
15433 COUNTRY CLUB DR #B206
Rent to Own Eligible
Mill Creek
Townhouse/Condo
Mill Creek, WA 98012
3
2
1190 ft2
1991
New
1821 163RD ST SE
Rent to Own Eligible
 
Single Family Home
Mill Creek, WA 98012
2
3
2004 ft2
1996
1 of 42 107 164th St SE
Rent to Own Eligible
 
Townhouse/Condo
Bothell, WA 98012
3
2
1464 ft2
2003
New
17220 12TH PL W
Rent to Own Eligible
 
Single Family Home
Lynnwood, WA 98037
4
3
2592 ft2
2002
New
125 155TH ST SW
Rent to Own Eligible
 
Single Family Home
Lynnwood, WA 98087
3
2
1414 ft2
1984
New
1803 151ST ST SE
Rent to Own Eligible
Mill Creek
Single Family Home
Mill Creek, WA 98012
3
3
3600 ft2
1990
New
1 of 21 14111 5TH PL W
Rent to Own Eligible
 
Single Family Home
Everett, WA 98208
4
3
2372 ft2
2011
New
921 130TH ST SW #J106
Rent to Own Eligible
 
Townhouse/Condo
Everett, WA 98204
1
1
596 ft2
1980
823 148TH PL SE
Rent to Own Eligible
 
Single Family Home
Mill Creek, WA 98012
3
3
3234 ft2
2010
1 of 14 13607 CASCADIAN WAY
Rent to Own Eligible
 
Single Family Home
Everett, WA 98208
3
1
1164 ft2
1954
New
224 137TH ST SW
Rent to Own Eligible
 
Single Family Home
Everett, WA 98208
3
2
1857 ft2
1968
15728 COUNTRY CLUB DR #14
Rent to Own Eligible
Mill Creek
Townhouse/Condo
Mill Creek, WA 98012
3
3
2121 ft2
2003
14625 11TH PL W
Rent to Own Eligible
 
Single Family Home
Lynnwood, WA 98087
4
3
2661 ft2
2004
New
130 BELLFLOWER RD
Rent to Own Eligible
 
Townhouse/Condo
Bothell, WA 98012
4
2
2028 ft2
1968
15433 COUNTRY CLUB DR #D305
Rent to Own Eligible
Mill Creek
Townhouse/Condo
Mill Creek, WA 98012
1
1
599 ft2
1991
6 170TH PL SE
Rent to Own Eligible
 
Single Family Home
Bothell, WA 98012
3
3
2139 ft2
1981
New
14722 MERIDIAN DR SE
Rent to Own Eligible
 
Single Family Home
Lynnwood, WA 98087
3
3
2605 ft2
2006
New
830 181ST PL SW
Rent to Own Eligible
 
Single Family Home
Lynnwood, WA 98037
3
3
1986 ft2
1996
New
1923 MILL FERN DR SE #5-3
Rent to Own Eligible
Mill Creek
Townhouse/Condo
Mill Creek, WA 98012
3
3
1715 ft2
1979
New
14017 19TH DR SE
Rent to Own Eligible
Mill Creek
Single Family Home
Mill Creek, WA 98012
3
3
2467 ft2
1984
New
12713 12TH AVE SE
Rent to Own Eligible
Silver Lake
Single Family Home
Everett, WA 98208
3
3
1839 ft2
2011
315 128TH ST SE #G214
Rent to Own Eligible
Silver Lake
Townhouse/Condo
Everett, WA 98208
1
1
593 ft2
1979
New
307 128TH ST SE #C205
Rent to Own Eligible
Silver Lake
Townhouse/Condo
Everett, WA 98208
1
1
593 ft2
1979
15611 18TH AVE W #F204
Rent to Own Eligible
 
Townhouse/Condo
Lynnwood, WA 98087
3
2
1230 ft2
2004
1 of 23 19514 BING RD
Rent to Own Eligible
 
Single Family Home
Lynnwood, WA 98036
4
3
3264 ft2
2011
New
2027 148TH ST SE
Rent to Own Eligible
Mill Creek
Single Family Home
Mill Creek, WA 98012
4
3
4241 ft2
1990
New
12411 17TH AVE SE
Rent to Own Eligible
Silver Lake
Single Family Home
Everett, WA 98208
4
3
1896 ft2
2011
415 124TH PL SW
Rent to Own Eligible
 
Townhouse/Condo
Everett, WA 98208
4
3
2416 ft2
1978
New
14500 21ST CT SE
Rent to Own Eligible
Mill Creek
Single Family Home
Mill Creek, WA 98012
2
3
1967 ft2
1987
New
13420 22ND AVE SE
Rent to Own Eligible
Heatherwood
Single Family Home
Mill Creek, WA 98012
3
2
1670 ft2
1986
New
12530 ADMIRALTY WAY #B103
Rent to Own Eligible
Avondale
Townhouse/Condo
Everett, WA 98204
2
2
2556 ft2
1998
12712 ADMIRALTY WAY #H103
Rent to Own Eligible
 
Townhouse/Condo
Everett, WA 98204
2
2
960 ft2
2000
New
12712 ADMIRALTY WAY #F101
Rent to Own Eligible
 
Townhouse/Condo
Everett, WA 98204
2
2
1121 ft2
2000
New
1600 121ST ST SE #W104
Rent to Own Eligible
Silver Lake
Townhouse/Condo
Everett, WA 98208
3
2
2662 ft2
1995
1 of 8 1522 196th St SE
Rent to Own Eligible
Thrasher's Corner - Red Hawk
Townhouse/Condo
Bothell, WA 98012
2
2
983 ft2
2001
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Buying a Home in Martha Lake, WA

Martha Lake, WA is seeing rapid growth and Martha Lake, WA's' housing market remains not optimal with an average home price that is 123% above the 2024 national average. Martha Lake, WA is part of Snohomish 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 Snohomish is 0.89% which is below the national average, which is 0.99%.

Median Home Price in Martha Lake, WA

Median Rent in Martha Lake, WA

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

Top 4 Reasons to Live in Martha Lake, WA

Home values are rising! In Martha Lake it's currently a great market for buyers and owners. The median house price has increased from $212,200 in 2000 to nearly $300,000 in 2012. Some of the most desirable areas within the city include the area around the Mill Creek Nature Preserve and the North Creek Park.

A beautiful setting! Martha Lake is set in the spectacular Pacific Northwest, and the city and surrounding areas are filled with parks. The Martha Lake County Park is a 6-acre site that is situated along the shores of Martha Lake, the city's namesake. The park has a fishing dock for anglers, a boardwalk for those who enjoy trekking through the forest and picnic shelters for community gatherings. Martha Lake Airport Park used to serve as an airport, but the property was sold to the city in 2000 to create a green space for the community. Currently, the park includes more than 26 acres of hiking trails, forests and the Big Rock, which was left behind by retreating glaciers thousands of years ago.

High rates of ownership! Martha Lake has a higher rate of home ownership than the rest of the state. Nearly 66% of all homes are owned by their residents. There are plenty of rent to own homes because the city had 5,906 housing units as of 2012. For convenient locations, try the communities near the Martha Lake Apartments or the Martha Lake Mobile Manor.

Eclectic cuisine! Martha Lake residents have abundant access to a wide variety of restaurants. For fresh seafood, try the Indigo Kitchen and Ale House. The restaurant is open for lunch and dinner and has a daily happy hour with more than 20 beers on tap. Good Guys Pizza offers fresh, hand-tossed pies. Casa Guerrero has authentic Mexican dishes and is known for its black bean soup.