Rent to own Homes in Montgomery, AL

Located south of the Alabama River, Montgomery is the capital city of Alabama with a population of 205,700, occupying a total land area of 155.4 square miles. The city is the first capital of the Confederacy -- in fact, it was on the steps of the State Capitol that US President Jefferson Davis was inaugurated. These days, Montgomery is home of the Maxwell Air Force Base, universities and colleges, sports complexes, manufacturing companies, and cultural attractions.

Montgomery, AL is a great place for affordable rent-to-own homes! With a median household income of over $49,608 and a median rent of $905, the Montgomery, 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 Montgomery, 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 Montgomery, AL rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
148 CEDAR ST
Rent To Own
 
Single Family Home
Montgomery, AL 36110
3
1
1025 ft2
1972
New
9733 HELMSLEY CIR
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
3
2
1836 ft2
2007
2436 WILDWOOD DR
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36111
4
3
4569 ft2
1997
1254 LAUREL BROOK LN
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
5
2
2844 ft2
2007
5512 ASH GROVE CIR
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36116
4
2
2495 ft2
2007
3607 SOUTHVIEW AVE
Rent to Own Eligible
Edgewood
Single Family Home
Montgomery, AL 36111
3
2
2139 ft2
1948
638 GLENMEDE LN
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
3
2
1464 ft2
2006
2001 LE BRON AVE
Rent to Own Eligible
Old Cloverdale
Single Family Home
Montgomery, AL 36106
2
2
1958 ft2
1915
1 of 13 161 PATROIT PL
Rent to Own Eligible
 
Single Family Home
Pike Road, AL 36064
4
3
2169 ft2
2022
8066 BRIDGEWATER TRCE
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
3
3
2276 ft2
1999
New
2283 COUNTRY CLUB DR
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36106
3
3
2439 ft2
2007
New
8416 MARSH POINTE DR
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
4
3
3994 ft2
2004
New
1 of 18 7336 ANNA ROSE DR
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
4
2
2004 ft2
2004
5618 SIENNA CIR
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36116
4
2
3378 ft2
2013
4001 OAK SHADOW LN
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36116
4
2
1869 ft2
1994
5548 HOLLISTER DR
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36116
5
3
3228 ft2
2006
3142 KNIGHTSBRIDGE CURV
Rent to Own Eligible
Brentwood
Single Family Home
Montgomery, AL 36111
4
3
2376 ft2
1976
2743 IVY CHASE LOOP
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
3
2
1646 ft2
2004
1319 HALLWOOD LN
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
4
2
1742 ft2
2004
732 WHITEHALL PKWY
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36109
4
3
4714 ft2
1997
5621 SWEET MEADOW DR
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
3
2
1430 ft2
2000
1594 MERIWETHER CIR
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
5
3
3047 ft2
1996
1042 AUTUMN RIDGE RD
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
3
2
1792 ft2
2000
1 of 14 3581 FOXHALL DR
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36111
5
4
3011 ft2
1971
2342 TANKERSLEY RD
Rent to Own Eligible
Ridgefield
Single Family Home
Montgomery, AL 36106
4
3
3116 ft2
1974
8745 LINDSEY LN
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
3
2
1304 ft2
2007
2313 SAGEWOOD DR
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
3
2
2119 ft2
1984
8318 CHADBURN WAY
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36116
4
2
2557 ft2
2002
1306 KAREN VALLEY PL
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
3
2
1541 ft2
2002
New
1809 WINONA AVE
Rent to Own Eligible
Capitol Heights
Single Family Home
Montgomery, AL 36107
3
2
1666 ft2
1945
New
1833 GALENA AVE
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36106
5
2
4070 ft2
1915
New
3138 BOXWOOD DR
Rent to Own Eligible
McGehee/Allendale
Single Family Home
Montgomery, AL 36111
3
2
2395 ft2
1960
New
9225 STILLFOREST CT
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
4
3
3270 ft2
2000
New
1304 CAMERON CT
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
3
2
1509 ft2
2004
New
1948 PARKVIEW DR S
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
4
3
2354 ft2
1997
8708 LANTERN WAY
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36116
4
3
2729 ft2
2002
8032 COPPERFIELD DR
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
3
2
1652 ft2
2004
575 INGLESIDE WAY
Rent to Own Eligible
 
Single Family Home
Pike Road, AL 36064
3
2
1971 ft2
2006
8636 THRUSH LN
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
4
2
2223 ft2
2004
9196 BRENHAM CT
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
4
2
3380 ft2
2007
1172 STAFFORD DR
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
3
2
1372 ft2
2000
1020 GREYSTONE DR
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
4
3
3430 ft2
1990
728 BROOKLAND CURV
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
3
2
1422 ft2
1998
New
549 WHISTLEWOOD RD
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
4
3
2240 ft2
1998
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Buying a Home in Montgomery, AL

Montgomery, AL is seeing rapid growth and Montgomery, AL's' housing market remains optimal with an average home price that is -44% below the 2024 national average. Montgomery, AL is part of Montgomery 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 Montgomery is 0.36% which is below the national average, which is 0.99%.

Median Home Price in Montgomery, AL

Median Rent in Montgomery, AL

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

Top Reasons to Live in Montgomery AL

Housing Statistics It is interesting to know that the percentage of owner-occupied houses in Montgomery is 52.09%, which is slightly lower than the state average and national average of 60.4% and 57.69%, respectively. Percentage of homes that are rented is at 36.37%, which is higher than the state average of 26.30% and national average of 30.93%. People looking for home rentals or rent to own housing schemes need not fret. With the city's 11.54% vacancy rate, there's ample space for everyone. Real estates in Montgomery are of single-family homes type with a median sale price of $122,600. Recently, there have been 2,236 homes sold in this city and an average quarterly home sales transaction of 990 in 2012.

Local Sports Montgomery hosts many local sporting events; no wonder, it has produced champion athletes like track and field 2-time Olympic gold medalist, Alonzo Babers; current Alabama State University coach, Reggie Barlow; and football Hall of Famer, Bart Starr; to name a few. Moreover, the city has its own baseball team, the Montgomery Biscuits. Colleges and universities' sporting events are some of the highlights of local sports in Montgomery. College football, baseball, and basketball teams can get locals in a frenzy like nothing else can. Football teams face off at Hornet Stadium, baseball matches are usually at ASU Baseball Complex, and games of basketball are at Dunn-Oliver Acadome.

Events and Festivals There's never any shortage of events and festivals in Montgomery. One notable example is the Alabama Shakespeare Festival, one of the best regarded theaters in the nation, which showcases productions all year round, including a repertoire of works from Shakespeare, Broadway musicals, and works from Southern writers. Another must-see event in this city is the Alabama National Fair, which features several activities like choral festival, rodeos, performances, and other competitions. Southern Livestock Exposition Rodeo and Zoo Weekend are two other long-held traditions that locals and tourists are bracing for. Between these major festivals, the city's events calendar is filled brimming with other initiatives like art exhibits, dragon boat race festivals, concerts, and ballet productions.

Neighborhood Different neighborhoods have their own unique charm and character. And often, neighborhoods' idiosyncrasies rub off on the residents. Thus, choosing the right area is one decision you can't afford to make indiscriminately.