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Home » Rent to Own Homes in Indiana » Rent to Own Homes in Indianapolis
Rent to Own Homes in Indianapolis
As one of the 20 largest cities in the United States, Indianapolis is home to just over 820,000 people. Despite its large size, Indianapolis offers a comfortable environment for its residents. Some of the things that attract newcomers to the Indianapolis area include: diversity, low cost of living, amazing educational and employment opportunities, and excellent entertainment.

1456 Listing Found in Indianapolis, IN

Indianapolis, IN 46268

Indianapolis, IN 46268

Indianapolis, IN 46217

Indianapolis, IN 46217

Indianapolis, IN 46240

Indianapolis, IN 46240

Indianapolis, IN 46224

Indianapolis, IN 46224

Indianapolis, IN 46237

Indianapolis, IN 46237

Indianapolis, IN 46229

Indianapolis, IN 46229

Indianapolis, IN 46227

Indianapolis, IN 46227

Indianapolis, IN 46241

Indianapolis, IN 46241

Indianapolis, IN 46220

Indianapolis, IN 46220

Indianapolis, IN 46221

Indianapolis, IN 46221

Indianapolis, IN 46236

Indianapolis, IN 46236

Indianapolis, IN 46231

Indianapolis, IN 46231

Indianapolis, IN 46203

Indianapolis, IN 46203

Indianapolis, IN 46219

Indianapolis, IN 46219

Indianapolis, IN 46259

Indianapolis, IN 46259

Indianapolis, IN 46237

Indianapolis, IN 46237

Indianapolis, IN 46250

Indianapolis, IN 46250

Indianapolis, IN 46227

Indianapolis, IN 46227

Indianapolis, IN 46220

Indianapolis, IN 46220

Indianapolis, IN 46202

Indianapolis, IN 46202

Indianapolis, IN 46218

Indianapolis, IN 46218

Indianapolis, IN 46235

Indianapolis, IN 46235

Indianapolis, IN 46259

Indianapolis, IN 46259

Indianapolis, IN 46256

Indianapolis, IN 46256

Indianapolis, IN 46221

Indianapolis, IN 46221

Indianapolis, IN 46214

Indianapolis, IN 46214

Indianapolis, IN 46228

Indianapolis, IN 46228

Pittsburg, TX 75686

Pittsburg, TX 75686

Indianapolis, IN 46201

Indianapolis, IN 46201

Indianapolis, IN 46254

Indianapolis, IN 46254

Indianapolis, IN 46217

Indianapolis, IN 46217

Indianapolis, IN 46222

Indianapolis, IN 46222

Indianapolis, IN 46240

Indianapolis, IN 46240

Indianapolis, IN 46201

Indianapolis, IN 46201

Indianapolis, IN 46202

Indianapolis, IN 46202

Indianapolis, IN 46225

Indianapolis, IN 46225

Indianapolis, IN 46220

Indianapolis, IN 46220

Indianapolis, IN 46235

Indianapolis, IN 46235

Indianapolis, IN 46218

Indianapolis, IN 46218

Indianapolis, IN 46205

Indianapolis, IN 46205

Indianapolis, IN 46234

Indianapolis, IN 46234

Indianapolis, IN 46237

Indianapolis, IN 46237

Indianapolis, IN 46250

Indianapolis, IN 46250

Indianapolis, IN 46203

Indianapolis, IN 46203

Indianapolis, IN 46229

Indianapolis, IN 46229

Indianapolis, IN 46236

Indianapolis, IN 46236

Indianapolis, IN 46260

Indianapolis, IN 46260

Indianapolis, IN 46220

Indianapolis, IN 46220

Indianapolis, IN 46260

Indianapolis, IN 46260

Indianapolis, IN 46237

Indianapolis, IN 46237

Indianapolis, IN 46280

Indianapolis, IN 46280

Indianapolis, IN 46239

Indianapolis, IN 46239

Indianapolis, IN 46256

Indianapolis, IN 46256

Indianapolis, IN 46227

Indianapolis, IN 46227

Indianapolis, IN 46250

Indianapolis, IN 46250

Indianapolis, IN 46201

Indianapolis, IN 46201

Indianapolis, IN 46260

Indianapolis, IN 46260

Indianapolis, IN 46234

Indianapolis, IN 46234

Indianapolis, IN 46221

Indianapolis, IN 46221

Indianapolis, IN 46217

Indianapolis, IN 46217

Indianapolis, IN 46220

Indianapolis, IN 46220

Indianapolis, IN 46208

Indianapolis, IN 46208

Indianapolis, IN 46227

Indianapolis, IN 46227

Indianapolis, IN 46205

Indianapolis, IN 46205

Indianapolis, IN 46203

Indianapolis, IN 46203

Indianapolis, IN 46222

Indianapolis, IN 46222

Indianapolis, IN 46268

Indianapolis, IN 46268

Indianapolis, IN 46220

Indianapolis, IN 46220

Indianapolis, IN 46241

Indianapolis, IN 46241

Indianapolis, IN 46205

Indianapolis, IN 46205

Indianapolis, IN 46235

Indianapolis, IN 46235

Indianapolis, IN 46221

Indianapolis, IN 46221

Indianapolis, IN 46201

Indianapolis, IN 46201

Indianapolis, IN 46219

Indianapolis, IN 46219

Indianapolis, IN 46227

Indianapolis, IN 46227

Indianapolis, IN 46203

Indianapolis, IN 46203

Indianapolis, IN 46236

Indianapolis, IN 46236

Indianapolis, IN 46226

Indianapolis, IN 46226

Indianapolis, IN 46218

Indianapolis, IN 46218

Indianapolis, IN 46225

Indianapolis, IN 46225

Indianapolis, IN 46222

Indianapolis, IN 46222

Indianapolis, IN 46217

Indianapolis, IN 46217

Indianapolis, IN 46208

Indianapolis, IN 46208

Indianapolis, IN 46240

Indianapolis, IN 46240

Indianapolis, IN 46202

Indianapolis, IN 46202

Indianapolis, IN 46201

Indianapolis, IN 46201

Indianapolis, IN 46218

Indianapolis, IN 46218

Indianapolis, IN 46268

Indianapolis, IN 46268

Indianapolis, IN 46205

Indianapolis, IN 46205

Indianapolis, IN 46237

Indianapolis, IN 46237

Indianapolis, IN 46203

Indianapolis, IN 46203

Indianapolis, IN 46222

Indianapolis, IN 46222

Indianapolis, IN 46208

Indianapolis, IN 46208

Indianapolis, IN 46219

Indianapolis, IN 46219

Indianapolis, IN 46225

Indianapolis, IN 46225

Indianapolis, IN 46208

Indianapolis, IN 46208

Indianapolis, IN 46241

Indianapolis, IN 46241

Indianapolis, IN 46222

Indianapolis, IN 46222

Indianapolis, IN 46218

Indianapolis, IN 46218

The Spirit of Indianapolis

As a resident of Indianapolis, you will “hear and see” Colts everywhere. That is, the Indianapolis Colts, the NFL team that residents support with a deep passion in their hearts. Apart from football, Indianapolis is home to the Pacers, a professional NBA team, who have just as strong of a following as the Colts. NASCAR fans enjoy the Motor Speedway where events like Indy500 and Grand Prix keep them entertained. In other words, sports fans thrive when Indianapolis is their home.

Indianapolis is a great city for young couples, active singles, retirees, and families. Children’s activities range from the Indianapolis Zoo to the Children’s Museum. Tons of parks fill each of the city’s neighborhoods.

Popular Neighborhoods in Indianapolis

For the free spirits, Broad Ripple has a laid-back vibe, chill hangout spots, and indie shops. The neighborhood has lots of jogging and hiking trails, coffee shops, and some of the hippest record shops in the city.

Located within a short distance of downtown, The Old Northside has Victorian-style homes often divided into apartments. It is filled with an abundance of rich history and great shops to reflect the city’s past.

Lockerbie Square has tons of fixer-upper homes. This neighborhood may very well be the location of your new rent-to-own home. You will also find cottages, apartments, and mansions in this remarkably diverse, fun neighborhood. Lockerbie Square is a historic neighborhood with plenty of tree-lined, quaint streets and colorful homes.

Just south of downtown, Fountain Square is a spunky neighborhood with plenty of independent restaurants and shops and a hip vibe that is not found just anywhere. Impressive architecture and distinct entertainment options are a few perks of living in the Fountain Square neighborhood.

Cost of Living in Indianapolis

The cost of living is higher in Indianapolis than in other parts of the state but is 11% cheaper than the national average. The added costs put residents nearby major employers like IU Health Indianapolis, Purdue University, Eli Lily & Co., and Indiana University.

The average median sales price for a single-family home in Indianapolis is $153,159. The economic crisis hit Indianapolis several years ago. Residents are still trying to recover from this crisis even today. Many foreclosed homes are available in Indianapolis for this reason. Finding a fixer-upper may also be an option for anyone looking to buy a home in Indianapolis.

Indianapolis is home to 11 public schools, several private schools, and eight colleges and universities, including those listed above. Students in all grade levels, including higher education, find worthwhile educational opportunities.

Rent-to-Own Homes in Indianapolis

Rent-to-own homes in Indianapolis offers buyers an alternative to the traditional buying process. Nearly anyone benefits from an RTO option, especially those with less than perfect credit or without money saved up for a down payment. Under a rent-to-own contract, you can move into the home under an agreement to purchase later. Most RTO contracts end within three years.

Once you agree to a rent-to-own price and contract, you will pay a contract fee. This fee is non-refundable. Then, each month, a premium is added to the monthly rental amount. This money is applied to the down payment when you pay. The period gives buyers time to build their credit, save money, or otherwise prepare for homeownership without wondering where they will live in the meantime.
What is so great about a rent-to-own agreement is that you lock in today’s pricing for the home and potentially save a tremendous amount of money.

Find properties near me with Rent to own Reviews:

46205 Zip Code
46206 Zip Code
46207 Zip Code
46208 Zip Code
46214 Zip Code
46216 Zip Code
46220 Zip Code
46221 Zip Code
46201 Zip Code
46202 Zip Code
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46211 Zip Code
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46277 Zip Code
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46266 Zip Code
46268 Zip Code

46278 Zip Code
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46298 Zip Code
46282 Zip Code
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46285 Zip Code
46295 Zip Code
46296 Zip Code

City of Indianapolis, IN Demographic Information

  • Population:861,898
  • White Population:607,766
  • Black Population:207,977
  • Hispanic Population:33,316
  • Asian Population:12,439
  • Hawaiian Population:358
  • Indian Population:2,187
  • Other Population:17,007
  • Male Population:416,903
  • Female Population:444,995
  • Avg House Value:$183,626
  • Avg Household Income:$77,222

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