Rent to own Homes in Helena, AL
Nestled on the foothills of the southern part of the Appalachian Mountains, Helena is a city that boasts of economic progress with numerous housing developments sprouting everywhere. Yet, it still retains its old town charm with the rolling hills and creeks meandering through its landscape. Helena is also known for its low crime rate making it a haven for home owners and renters alike.
Helena, AL is a great place for affordable rent-to-own homes! With a median household income of over $89,982 and a median rent of $1,201, the Helena, AL rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Helena, AL. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
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Rent to own Homes in Cities Near Helena, AL
- Adamsville
- Alabaster
- Bessemer
- Birmingham
- Brantleyville
- Brierfield
- Brighton
- Brook Highland
- Brookside
- Calera
- Center Point
- Chelsea
- Clay
- Columbiana
- Concord
- Dunnavant
- Eagle Point
- Edgewater
- Fairfield
- Forestdale
- Fultondale
- Grayson Valley
- Graysville
- Harpersville
- Helena
- Highland Lakes
- Homewood
- Hoover
- Hueytown
- Indian Springs Village
- Irondale
- Kimberly
- Lipscomb
- Midfield
- Montevallo
- Morris
- Mountain Brook
- Mount Olive
- North Johns
- Pea Ridge
- Pinson
- Quinton
- Shoal Creek
- Sylvan Springs
- Tarrant
- Trussville
- Vandiver
- West Jefferson
- Westover
- Wilton
Neighborhoods in Helena, AL
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Helena, AL is seeing rapid growth and Helena, AL's' housing market remains optimal with an average home price that is -7% below the 2024 national average. Helena, AL is part of Shelby county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Shelby is 0.47% which is below the national average, which is 0.99%.
Median Home Price in Helena, AL
Median Rent in Helena, AL
Top 7 Reasons to Live in Helena, AL
Dirt-cheap property taxes! At $5.08 per $1,000 home value, property taxes in this side of Alabama is dirt-cheap compared to the national average of $12.07. That's why home communities like Hillsboro, Riverwoods and rent to own homes from other neighborhoods are getting a lot of interest from home buyers and investors alike.
Cultural events! Helena is a city with its own distinct culture which you can easily see through community events like Buck Creek Festival, Fall Carnival and Spring Fling. In addition, the Birmingham Museum of Arts and McWane Center also highlights Helena's history and culture.
Low, low housing rental rate! Rent in Helena is affordable compared to the national average rental rate. For renters who are on a budget, areas like Helena Road and Falliston Road would provide variable rental housing options at excellent rates.
Sports action! Sports fans will feel right at home in this small city with the numerous sports venues to explore. Some notable venues nearby include Hoover Metropolitan Stadium for a dose of baseball action and Helena Sports Complex. College sports is also a big thing in this city and residents usually root for Alabama Crimson Tide and the Samford Bulldogs.
Diversified economy! The city boasts of a robust economy that delves into different sectors like manufacturing, professional and service industries. It has an industrial park, which serves as a hub for a number of manufacturers. Some of the notable local industries include the Plantation Pipeline and Vulcan Materials Company.
Outdoors galore! Thanks to the Cahaba River and its many tributaries, canoeing and fishing are common outdoor activities in this part of Alabama. Aside from these, there's also the Joe Trucker Park where residents can go for a stroll on a walking trail that surrounds a big lake. Then there's also the Cahaba Lily Park, which features a wide walking trail, playground and picnic areas.
Have a taste of Old Town Alabama! A visit to Old Town Amphitheater and Old Town District of Helena, which features 19th century commercial structures and railroad freight depot will take you back to another era like nothing else can!