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How Can I Buy a Home with Bad Credit in Saskatoon
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 Saskatoon, 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 Saskatoon
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Move in now while preparing to buy – rent-to-own lets you occupy your future home right away, giving you time to build credit and save for a down payment
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Lock in today’s prices amid rising values – the benchmark home price hit a record $433,700 in May 2025, up 9.2% from last year, with detached homes averaging $501,100 and condos around $257,300
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Build equity and credit gradually – monthly payments contribute to ownership rather than disappearing like rent
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Navigate a competitive seller’s market more smoothly – with just ~1.6 months of supply and homes selling above list price (~102.6%), rent‑to‑own offers time to secure financing without being in bidding wars
Saskatoon offers a rare combination of affordability, strong economic growth, and rising home values, making it an appealing city for homebuyers. With a competitive housing market and limited supply, rent-to-own can be a smart solution for those who need time to secure financing while avoiding bidding wars. This approach allows you to lock in today’s prices, move into your future home immediately, and build equity over time—all while enjoying Saskatoon’s vibrant culture, economic stability, and family-friendly lifestyle.
Rent to Own Saskatoon and Area Requirements
Minimum Household Income$97,000
Minimum Down Payment
$14,000
*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 Saskatoon, 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.
Saskatoon
Key Features
Population & Regional Role
With a city population of about 283,000 and a metro area topping 262,000, the "Hub City" serves as a key regional centre with growing influence.
Rising Housing Market
Sales remain strong (~20% above the 10-year average) while supply stays low at ~1.6 months, driving quick sales and higher prices. The benchmark rose from $415K in March to $433K in May, with the average sale price around $522K.
Diversified Economy
Hosts major employers like Cameco, Nutrien, University of Saskatchewan, health, manufacturing, agri‑business, and tech—spanning potash to biotech.
Connectivity & Services
Multiple highway connections (including Circle Drive & Yellowhead), nine river crossings, public transit, and expanding real estate developments like Rosewood and River Landing.
Recreation & Culture
Nestled along the South Saskatchewan River, with scenic bridges, riverbank trails, vibrant arts, festivals, universities, sports, and Indigenous heritage.
Nutana is one of Saskatoon’s oldest and most vibrant neighbourhoods, featuring tree-lined streets, heritage homes, and trendy shops. Its proximity to the South Saskatchewan River and Broadway Avenue makes it a cultural hotspot ideal for professionals and families.
Nutana
Located along the riverbank, River Heights offers scenic walking trails, green spaces, and a peaceful residential feel. It’s a great choice for families and nature lovers who want easy access to outdoor recreation and schools.
River Heights
City Park blends historic charm with urban convenience. With character homes, apartments, and proximity to downtown, it’s perfect for young professionals and anyone who values a central, walkable location.
City Park
A family-friendly community with parks, schools, and established homes, Lakeview offers a quiet suburban lifestyle close to amenities. It’s ideal for families looking for stability and green space.
Lakeview
An upscale, newer neighbourhood, Briarwood features modern homes, landscaped parks, and easy access to shopping and schools. It’s perfect for families and buyers looking for a prestigious, well-planned community.
Briarwood
One of Saskatoon’s newest developments, Brighton offers contemporary homes, an abundance of green space, and future-forward community planning. It’s great for young families and professionals seeking modern living.
Brighton
Stonebridge combines suburban comfort with urban convenience, offering a mix of housing, shopping, and dining options. It’s an excellent choice for families and commuters who want everything close by.
Stonebridge
An affordable and practical option, Confederation Park offers schools, parks, and easy access to major roads. It’s great for first-time buyers and families looking for value and convenience.
Confederation Park
Best Areas to Buy a Rent to Own Home in Saskatoon, Saskatchewan
Verified Trustpilot Reviews
What Our Clients Say
I have had a terrific experience with Sprout Properties and have found them to be professional, trustworthy, honest and really good at what they do in the rent to own world. It is a company that truly cares to help their clients succeed and goes above and beyond to do so. They are worthy of more than five stars and I highly recommend them!
Mel S.