Rent to own Homes in Homewood, AL

With consistent population growth since 1930, Homewood is now home to a population of over 25,000 people, making it one of the most densely-populated cities in Alabama. While there's plenty of activities in town, many residents are enthralled by the fact that fictional characters from the 'Southern Sisters Mysteries' called this place home. The same thing that attracted these characters will likely attract new homeowners in the area.

Homewood, AL is a great place for affordable rent-to-own homes! With a median household income of over $84,418 and a median rent of $1,206, the Homewood, 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 Homewood, 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.

Check out Homewood, AL rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
900 DELCRIS DR
Rent To Own
Homewood
Single Family Home
Birmingham, AL 35226
5
3
2578 ft2
1959
Hot
2030 MONTREAT CIR #B
Rent To Own
Vestavia Hills
Townhouse/Condo
Vestavia Hills, AL 35216
2
2
1088 ft2
1967
(Undisclosed Address)
Rent To Own
Vestavia Hills
Single Family Home
Birmingham, AL 35226
3
3
1960 ft2
2815 GEORGETOWN DR #B
Rent To Own
Hoover
Townhouse/Condo
Vestavia Hills, AL 35216
2
1
1600 ft2
1973
1825 47th St
Rent To Own
Central Park
Single Family Home
Birmingham, AL 35208
3
1
1128 ft2
1925
Hot
6812 5TH CT N
Rent To Own
Wahouma
Single Family Home
Birmingham, AL 35206
3
1
924 ft2
1930
225 72ND ST N
Rent To Own
Wahouma
Single Family Home
Birmingham, AL 35206
3
1
1108 ft2
1935
220 Pine Ave
Rent To Own
 
Single Family Home
Adamsville, AL 35005
4
1
1200 ft2
1960
Hot
328 REDFERN ST
Rent to Own Eligible
Homewood
Single Family Home
Birmingham, AL 35209
5
4
2678 ft2
1952
2225 WHITE WAY
Rent to Own Eligible
Hoover
Single Family Home
Hoover, AL 35226
3
4
3742 ft2
2007
1930 CENTER ST S
Rent to Own Eligible
South Titusville
Single Family Home
Birmingham, AL 35205
8
4
6645 ft2
1920
New
1501 VALLEY VIEW CIR
Rent to Own Eligible
Grove Park
Single Family Home
Birmingham, AL 35209
3
2
1518 ft2
1955
1913 OLD ORCHARD RD
Rent to Own Eligible
Vestavia Hills
Single Family Home
Vestavia Hills, AL 35216
3
2
1968 ft2
1957
905 CENTER PL SW
Rent to Own Eligible
South Titusville
Single Family Home
Birmingham, AL 35211
2
1
1133 ft2
1957
1202 WOODLAND VLG
Rent to Own Eligible
Homewood
Townhouse/Condo
Vestavia Hills, AL 35216
2
2
1066 ft2
1974
124 11TH AVE SW
Rent to Own Eligible
South Titusville
Single Family Home
Birmingham, AL 35211
2
1
955 ft2
1951
2015 VESTAVIA DR
Rent to Own Eligible
Vestavia Hills
Single Family Home
Vestavia, AL 35216
5
4
4784 ft2
1983
New
320 10TH AVE SW
Rent to Own Eligible
South Titusville
Single Family Home
Birmingham, AL 35211
4
2
1588 ft2
1961
725 BOLIN ST SW
Rent to Own Eligible
South Titusville
Single Family Home
Birmingham, AL 35211
3
1
1102 ft2
1960
New
1830 29TH AVE S #S202
Rent to Own Eligible
Homewood
Single Family Home
Birmingham, AL 35209
2
2
1435 ft2
2004
1 of 68 1120 BEACON PKWY E
Rent to Own Eligible
Glen Iris
Townhouse/Condo
Birmingham, AL 35209
2
2
1482 ft2
1979
2325 HUNTERS CV
Rent to Own Eligible
Vestavia Hills
Single Family Home
Vestavia Hills, AL 35216
5
3
2262 ft2
1972
New
2112 RIDGEVIEW DR
Rent to Own Eligible
Vestavia Hills
Single Family Home
Vestavia Hills, AL 35216
3
3
2340 ft2
1960
New
13 SPRING HAVEN CIR SW
Rent to Own Eligible
Woodland Park
Single Family Home
Birmingham, AL 35211
3
1
1016 ft2
1958
1921 CANYON RD
Rent to Own Eligible
Vestavia Hills
Single Family Home
Vestavia Hills, AL 35216
4
3
1776 ft2
1955
1213 GREEN GLEN RD
Rent to Own Eligible
Vestavia Hills
Single Family Home
Vestavia Hills, AL 35216
3
2
2187 ft2
1958
300 21ST AVE S
Rent to Own Eligible
Glen Iris
Single Family Home
Birmingham, AL 35205
3
1
1156 ft2
1915
315 GRAN AVE
Rent to Own Eligible
Hollywood
Single Family Home
Birmingham, AL 35209
3
2
1736 ft2
1930
167 OLD MONTGOMERY HWY #B
Rent to Own Eligible
Homewood
Townhouse/Condo
Vestavia Hills, AL 35216
2
3
1715 ft2
1969
1703 SHADES PARK DR
Rent to Own Eligible
Edgewood
Single Family Home
Birmingham, AL 35209
3
2
1472 ft2
1945
New
1405 PANORAMA DR
Rent to Own Eligible
Vestavia Hills
Single Family Home
Vestavia Hills, AL 35216
4
3
1996 ft2
1961
New
1780 VALLEY AVE #A
Rent to Own Eligible
 
Townhouse/Condo
Birmingham, AL 35209
2
1
1026 ft2
1944
2006 CENTER WAY S
Rent to Own Eligible
South Titusville
Single Family Home
Birmingham, AL 35205
1
2
812 ft2
1950
New
808 WOODLAND VLG
Rent to Own Eligible
Homewood
Townhouse/Condo
Vestavia Hills, AL 35216
2
2
1066 ft2
1974
New
2129 GARLAND DR
Rent to Own Eligible
Vestavia Hills
Single Family Home
Vestavia Hills, AL 35216
3
3
2153 ft2
1961
New
2008 4TH ST S
Rent to Own Eligible
Glen Iris
Single Family Home
Birmingham, AL 35205
4
3
1990 ft2
1969
New
610 FORREST DR
Rent to Own Eligible
Edgewood
Single Family Home
Birmingham, AL 35209
3
1
1393 ft2
1950
1 of 34 2717 SOUTHVIEW DR
Rent to Own Eligible
Vestavia Hills
Single Family Home
Vestavia Hills, AL 35216
3
2
2046 ft2
1955
175 OLD MONTGOMERY HWY #D
Rent to Own Eligible
Homewood
Townhouse/Condo
Vestavia Hills, AL 35216
2
1
961 ft2
1969
181 OLD MONTGOMERY HWY #B
Rent to Own Eligible
Homewood
Single Family Home
Vestavia Hills, AL 35216
2
3
1520 ft2
1969
1 of 29 703 BELMONT RD
Rent to Own Eligible
Hollywood
Single Family Home
Birmingham, AL 35209
3
2
1665 ft2
1947
1815 WELLINGTON RD
Rent to Own Eligible
Mayfair
Single Family Home
Birmingham, AL 35209
5
4
5306 ft2
1950
2141 MOUNTAIN VIEW DR
Rent to Own Eligible
Vestavia Hills
Single Family Home
Vestavia Hills, AL 35216
3
2
1601 ft2
1954
1 of 58 1300 BEACON PKWY E
Rent to Own Eligible
Glen Iris
Townhouse/Condo
Birmingham, AL 35209
2
2
1550 ft2
1981
Map
Sponsored Link

More Homewood, AL Property Resources

Rent to own Homes in Cities Near Homewood, AL

Browse all Rent to own Homes in Alabama

Buying a Home in Homewood, AL

Homewood, AL is seeing rapid growth and Homewood, AL's' housing market remains not optimal with an average home price that is 75% above the 2024 national average. Homewood, AL is part of Jefferson 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 Jefferson is 0.58% which is below the national average, which is 0.99%.

Median Home Price in Homewood, AL

Median Rent in Homewood, AL

Rent to own homes offer low monthly payments and flexible terms.

Top 3 Reasons to Live in Homewood

Great home values! Almost every housing market in America took a hit over the past five years, and it's no different for Homewood. Despite the recession, home values in the area have increased by over 10 percent in the past decade. Though the average increase for the United States is slightly higher, it hasn't changed the fact that single family houses in this area are valued at nearly 30 percent more than the average American house value. This means that regardless of whether someone wants to purchase a place near Vestavia Hills or find rent to own houses closer to Birmingham, they'll end up getting a great value in the long run.

Convenient to Birmingham! Many people find it difficult to choose between living a life inside a big city or on the outskirts. There are benefits to both, but Homewood has the advantage of being close enough to the city without dealing with congestion or a higher cost of living. Homewood is only separated from Birmingham by Red Mountain, so it's easy to get into the city limits without actually having to deal with the stressors of living there. This means you can easily commute if you have a job in the city, or if you just like checking out the McWane Science Center on occasion.

Amazing property taxes! Nearly 50 percent of all homes in the Homewood area are owned as opposed to rented. This below average number, combined with high housing valuations, often leads people to think that they'll be shelling out an arm and a leg in property taxes if they choose to live in an area so convenient to Interstate 65. In reality, though, this isn't the case at all. In fact, the taxes are nearly 50 percent lower in Homewood than they are in the rest of the country. You might as well take these savings and head on up to the Birmingham Zoo or the Vulcan Park and Museum for a day of fun.