Rent to own Homes in Waverly, MI

Waverly Township, Michigan is home to around 25,000 people. It offers the security of small town living with access to big city amenities. While just a short commute to Lansing, residents of the charming Waverly Township have access to great nightlife, shopping, entertainment and job opportunities. With good shopping, community spirit, and a pleasant atmosphere, Waverley is a great place to live.

Waverly, MI is a great place for affordable rent-to-own homes! With a median household income of over $66,930 and a median rent of $956, the Waverly, MI 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 Waverly, MI. 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 Waverly, MI rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 440
1301 E MILLER RD
Rent To Own
 
Single Family Home
Lansing, MI 48911
3
2
3276 ft2
1955
305 MILLER DR
Rent To Own
 
Single Family Home
Albion, MI 49224
3
1
864 ft2
1953
1537 MORSE RD
Rent To Own
 
Single Family Home
Battle Creek, MI 49014
3
2
1928 ft2
1970
76 BRADFORD ST
Rent To Own
 
Single Family Home
Battle Creek, MI 49014
3
1
1072 ft2
1946
431 N DEERFIELD AVE
Rent To Own
 
Single Family Home
Lansing, MI 48917
2
1
840 ft2
1948
1 of 25 1342 SWEETGRASS DR
Rent To Own
 
Single Family Home
Lansing, MI 48917
3
3
2160 ft2
2019
1 of 10 2510 W KALAMAZOO ST
Rent To Own
 
Single Family Home
Lansing, MI 48917
4
3
1352 ft2
2004
1 of 2 3217 RICE CT
Rent To Own
Averill Woods
Single Family Home
Lansing, MI 48911
3
2
1092 ft2
2019
Hot
3610 W HOLMES RD
Rent To Own
Woodmere
Single Family Home
Lansing, MI 48911
4
2
1763 ft2
1973
Hot
1 of 2 517 W HOLMES RD
Rent To Own
Old Everett
Single Family Home
Lansing, MI 48910
3
1
1340 ft2
1951
Hot
1 of 38 13962 HEIDI LN
Rent To Own
 
Single Family Home
Lansing, MI 48906
4
3
2800 ft2
1991
1709 MAPLEWOOD AVE
Rent To Own
Fabulous Acres
Single Family Home
Lansing, MI 48910
3
1
1040 ft2
1918
Hot
1 of 17 541 WOODROW AVE
Rent To Own
Clifford Park
Single Family Home
Lansing, MI 48910
3
2
1200 ft2
1916
Hot
9260 SUMMER RIDGE CIR
Rent To Own
 
Single Family Home
Grand Ledge, MI 48837
4
2
137650 ft2
2021
1 of 14 6254 BARBADOS WAY
Rent To Own
 
Single Family Home
Dimondale, MI 48821
3
3
1750 ft2
2016
Hot
1 of 24 302 N CLINTON ST
Rent To Own
Grand Ledge
Single Family Home
Grand Ledge, MI 48837
3
3
1701 ft2
1900
1 of 19 604 LESLIE ST
Rent To Own
 
Single Family Home
Lansing, MI 48912
2
1
1131 ft2
1922
1 of 32 1380 SANBORN DR
Rent To Own
 
Single Family Home
Dewitt, MI 48820
4
3
3778 ft2
1999
1 of 20 Kalamata Drive
Rent To Own
 
Multifamily (2 - 4 Units)
Dewitt, MI 48820
4
3
2688 ft2
2019
1 of 38 11522 SARA ANN DR
Rent To Own
 
Single Family Home
Dewitt, MI 48820
5
4
3510 ft2
2002
424 HIGHLAND AVE
Rent To Own
East Lansing
Single Family Home
East Lansing, MI 48823
3
1
1376 ft2
1940
3751 PARULA DR
Rent To Own
East Lansing
Single Family Home
East Lansing, MI 48823
3
3
2080 ft2
2016
7042 ROSSMAN HWY
Rent To Own
 
Single Family Home
Eaton Rapids, MI 48827
4
4
4500 ft2
1997
1 of 2 6217 ISLAND LAKE DR
Rent To Own
Haslett
Single Family Home
East Lansing, MI 48823
5
5
3600 ft2
1989
Hot
1 of 41 6709 ENGLISH OAK DR
Rent To Own
 
Single Family Home
East Lansing, MI 48823
4
4
3491 ft2
2004
Hot
1 of 7 5898 OKEMOS RD
Rent To Own
Haslett
Townhouse/Condo
Haslett, MI 48840
2
1
918 ft2
1981
Hot
1 of 26 702 HIGH ST
Rent To Own
 
Single Family Home
Charlotte, MI 48813
3
2
1129 ft2
1982
Hot
1 of 14 222 S VIRGINIA AVE
Rent To Own
 
Single Family Home
Portland, MI 48875
3
2
1104 ft2
1968
7897 E BELLEVUE HWY
Rent To Own
 
Single Family Home
Eaton Rapids, MI 48827
2
1
960 ft2
1910
1 of 23 4177 PAXTON RD
Rent To Own
 
Single Family Home
Saint Johns, MI 48879
5
2
2500 ft2
2002
1 of 60 5710 FARAGHER RD
Rent To Own
 
Single Family Home
Saint Johns, MI 48879
3
3
1820 ft2
2004
Hot
1 of 46 176 KENT ST
Rent To Own
 
Single Family Home
Sunfield, MI 48890
3
2
1940 ft2
1964
8725 ROSS RD
Rent To Own
 
Single Family Home
Muir, MI 48860
1
1
500 ft2
2002
3261 Country Club Way Way
Rent To Own
 
Single Family Home
Albion, MI 49224
4
2
2744 ft2
1940
Hot
1 of 2 4838 DIETZ RD
Rent To Own
 
Single Family Home
Williamston, MI 48895
3
2
0 ft2
1994
Hot
403 REED ST
Rent To Own
 
Single Family Home
Nashville, MI 49073
3
1
1494 ft2
1900
Hot
1 of 12 209 N NEW ST
Rent To Own
 
Single Family Home
Ashley, MI 48806
4
1
2000 ft2
1970
1 of 41 6477 S MINER RD
Rent To Own
 
Single Family Home
Carson City, MI 48811
2
2
1789 ft2
1900
2980 BUDD RD
Rent To Own
 
Single Family Home
Stockbridge, MI 49285
4
2
1700 ft2
1860
1 of 11 1966 Aspen Valley Lane
Rent To Own
 
Multifamily (2 - 4 Units)
Ionia, MI 49331
2
2
1450 ft2
2020
1 of 16 1090 W MAIN ST
Rent To Own
 
Single Family Home
Ionia, MI 48846
4
2
1811 ft2
1900
Hot
813 N EATON ST
Rent To Own
 
Single Family Home
Albion, MI 49224
2
1
1750 ft2
1890
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Popular Zip Codes in Waverly, MI

48917 rent to own homes

Buying a Home in Waverly, MI

Waverly, MI is seeing rapid growth and Waverly, MI's' housing market remains optimal with an average home price that is -21% below the 2024 national average. Waverly, MI is part of Eaton 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 Eaton is 1.48% which is above the national average, which is 0.99%.

Median Home Price in Waverly, MI

Median Rent in Waverly, MI

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

Top 7 Reason to Live in Waverly, MI

Close to the big city! A 10-minute drive to Lansing makes Waverly an ideal choice if you are looking for a quiet community with an easy commute. Waverly also offers its own events, especially around the holidays, when locals can join in Breakfast with Santa and the Halloween Fest.

Great shopping! When you rent to own in the Waverly community, you are just a short drive away from shopping and dining options. If you're in the mood for some shopping, head over to the Lansing Mall which, despite the name, is actually in Waverly, and is home to almost 80 stores and restaurants. Stop by the Regal Cinema in the mall for a relaxing evening watching a movie.

Low cost of living! The cost of living in Waverly is lower than average for communities throughout the United States. Find affordable goods at Aldi and Target in the center of town and Quality Dairy to the east.

Affordable housing! The average home value in Waverly is just over $129,000. When you rent a home or an apartment in Waverly you can expect to pay nearly $200 less than the national average. Great places can be found north of town, near Grand Woods and Canyon Trail Road.

An open community! Although Waverly is not considered a city, this unincorporated section of Van Buren County has a lot going on. Organizations like the Waverly Orchestra Association and football games at Waverly High School bring the community together.

Sampling the wine! Residents of this neighborhood can head to five nearby wineries to enjoy locally-produced wines. Alternatively, head straight to the final product at Oade's Bar and Grill or Reno's Sports Bar.

Rent to own! About 39 percent of homes in the community are rented, making it a perfect place to rent to own a home. For affordable housing options, look toward the east side of town near W. Michigan Avenue and N. Waverley Road.