Several organizations and services specialize in helping Marion County residents transition from renting to owning.
: Provides a structured path to homeownership in the Indianapolis area . How it Works in Indy
: Enrollment in a matched savings account and completion of four INHP education classes . rent to buy homes indianapolis
: Offers the option to move into newly built homes in desirable locations with the flexibility to buy on your own timeline.
: If you decide not to buy or cannot qualify for a mortgage at the end of the term, you may lose the option fee and any rent credits you accumulated. : Offers the option to move into newly
: More than half of your monthly rent is reserved for your down payment.
: Aimed at saving renters money compared to typical mortgage payments while avoiding bidding wars. National Programs with Local Presence : Divvy : Requires a minimum credit score of 550. Dream America : Minimum credit score requirement is 500. : Aimed at saving renters money compared to
: A long-standing local option focused on helping residents find "legit" rent-to-own opportunities. Location : 6104 E 21st St, Indianapolis, IN 46219 .