Rent-to-own might work if qualifying for a mortgage isn’t likely, or if you simply need time to assess your financial situation or employment stability.

Think of renting-to-own as gaining some breathing room before plunging into the housing market pool, breathing room in some cases made necessary to rebuild bad credit and qualify for a lower interest rate.

Monthly payment will be higher, don't get it twisted, but that overprice is because you are putting down capital/money towards the final down payment.

Sometimes, before you decide to buy the house, you get to live in it and experience all the amenities firsthand before making the decision (school, neighborhood, etc.).