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How Can I Buy a Home with Bad Credit in Regina
A strong credit score is required to qualify for a traditional mortgage, but if your credit isn’t where it needs to be, that doesn’t mean homeownership is out of reach.
At Sprout Properties, we offer a flexible rent-to-own program that can help you purchase any home listed for sale in Regina, regardless of your current credit situation. Our program is designed for buyers who are working on improving their finances but are ready to take the next step toward owning a home.
Contact us today to learn how we can help turn your homeownership goals into reality.
Why Rent to Own in Regina
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Move in now while preparing to buy – rent-to-own allows you to live in your future home immediately, giving you time to improve your credit and build down payment funds before qualifying for a mortgage
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Lock in today’s prices before they rise further – benchmark home price in Regina reached $343,200 in June 2025, an 8% increase YoY, reflecting steady price growth in a tight market
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Build equity and credit gradually – structured rent-to-own payments reduce the burden of upfront costs and help improve your financial profile over time
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Capitalize on a competitive seller’s market – with only ~1.8–2.4 months of supply and homes selling in ~33 days at near-asking prices, rent-to-own helps you secure a property without getting caught in bidding wars
Regina presents a compelling rent-to-own opportunity: affordable pricing in a rising market, rapid home turnover, and a culturally rich capital city. If you’re careful with provider selection and contract clarity, rent-to-own can help you lock in value now, live where you want, and build equity over time—without being outbid in a frenzied market.
Rent to Own Regina and Area Requirements
Minimum Household Income$77,000
Minimum Down Payment
$11,000
*While we generally look for a minimum credit score of 500, please note that this requirement is subject to change.
Minimum Credit
500*
Do you meet the requirements for Rent-to-own in Regina, Saskatchewan and area?
Our goal is to support your long-term success, not just helping you move into a home, but ensuring you’re fully prepared to qualify for a mortgage by the end of your Rent-to-Own term.
To do that, certain minimum criteria need to be in place. If you’re not quite there yet, that’s okay—it may simply mean the timing isn’t right.
You can still apply now to get connected and receive more information, and we’ll happily guide you toward your next steps so you're ready when the time is right.
Regina
Key Features
Population & Regional Role
As Saskatchewan’s capital, Regina’s metro area serves ~262,000+, with strong regional influence and services.
Housing Market Dynamics
Sales remain strong with 402 transactions in June 2025 (+6% YoY). Benchmark prices rose from about $319,800 in May to approximately $343,200 in June. Supply is tight at roughly 1.8–2.4 months, keeping homes on the market for an average of just 33 days.
Affordability
Regina ranked as the second-most affordable city for first-time buyers among Canada’s major cities, with housing around 2.4x median income.
Infrastructure & Economy
Economic growth tied to the Regina Bypass (a major project with long-term job creation) boosts connectivity and regional trade potential.
Lifestyle & Culture
Vibrant arts and festival scene, riverfront trails, sports facilities, and educational institutions contribute to a well-rounded urban experience.
Lakeridge is a sought-after neighbourhood in northwest Regina, offering modern homes, beautiful parks, and plenty of amenities. With schools and shopping nearby, it’s perfect for families looking for a safe, well-connected community.
Lakeridge
One of Regina’s newest and fastest-growing communities, Harbour Landing features contemporary homes, walking trails, and green spaces. It’s ideal for families and professionals who value modern living and easy access to major highways and shopping.
Harbour Landing
A historic and prestigious neighbourhood, Lakeview offers tree-lined streets, character homes, and proximity to Wascana Park. It’s perfect for those who appreciate charm, nature, and a central location near the city’s cultural hub.
Lakeview
Known for its artistic vibe and heritage homes, Cathedral is one of Regina’s most unique neighbourhoods. With trendy cafes, boutiques, and a strong community feel, it’s perfect for creatives and those who love eclectic charm.
Cathedral
A family-friendly neighbourhood in north Regina, Regent Park offers affordable housing, schools, and recreational facilities. It’s a great choice for first-time buyers and families looking for value and convenience.
Regent Park
Located in the city’s east end, Parkridge is a quiet, modern neighbourhood with parks, schools, and easy access to amenities. It’s ideal for families seeking newer homes and a peaceful suburban lifestyle.
Parkridge
Best Areas to Buy a Rent to Own Home in Regina, Saskatchewan
Verified Trustpilot Reviews
What Our Clients Say
Tom and Brandy, made my rent to own experience easy. I was nervous at first. They made it easy for me.
Jodi Brouillard