Rent to own Homes in Opelika, AL

At first glance, Opelika looks like a typical small town with all the standard amenities for comfortable modern living. Look closer and you'll see an exuberant Southern community with access to a range of diverse activities and scenery. Situated in east central area of Alabama, Opelika is 15 miles from the Georgia state border and the famous Chattahoochee River, close to several large parks and less than an hour's drive away from the state capital, Montgomery.

Opelika, AL is a great place for affordable rent-to-own homes! With a median household income of over $50,488 and a median rent of $754, the Opelika, 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 Opelika, 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 Opelika, AL rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
500 Webster Rd LOT 460
Rent To Own
Ridgewood Village Trailer Park
Single Family Home
Auburn, AL 36832
2
2
980 ft2
2002
1 of 28 4191 COUNTY ROAD 24
Rent To Own
 
Single Family Home
Auburn, AL 36830
3
2
1920 ft2
1950
1105 21ST ST
Rent To Own
 
Single Family Home
Phenix City, AL 36867
3
1
1226 ft2
1924
40 GRIZZLY LN
Rent To Own
 
Single Family Home
Fortson, GA 31808
6
6
5416 ft2
2006
6025 COUNTY ROAD 266
Rent To Own
 
Single Family Home
Five Points, AL 36855
4
2
1369 ft2
2005
1308 32ND ST
Rent To Own
Rose Hill Heights
Single Family Home
Columbus, GA 31904
2
2
1520 ft2
1947
1061 DUNBAR AVE
Rent To Own
Lindsey Creek Park
Single Family Home
Columbus, GA 31906
4
3
2453 ft2
1955
2502 RICE ST
Rent To Own
South Columbus
Single Family Home
Columbus, GA 31903
3
2
2088 ft2
1958
Hot
830 GORDON ST
Rent To Own
 
Single Family Home
Roanoke, AL 36274
2
1
1510 ft2
1900
1 of 85 3309 STONYBROOK LN
Rent to Own Eligible
Saugahatchee Country Club
Single Family Home
Opelika, AL 36804
4
4
3936 ft2
2005
Hot New
310 DENSON DR
Rent to Own Eligible
Mckinley Heights
Single Family Home
Auburn, AL 36830
4
3
2325 ft2
1964
New
1697 AZALEA CT
Rent to Own Eligible
 
Single Family Home
Opelika, AL 36801
4
3
3110 ft2
2021
2701 CARRIAGE HOUSE LN
Rent to Own Eligible
 
Single Family Home
Opelika, AL 36801
4
3
2593 ft2
2018
1297 FOXTAIL LN
Rent to Own Eligible
 
Single Family Home
Opelika, AL 36801
3
2
1442 ft2
2021
3030 MILL LAKES RDG
Rent to Own Eligible
 
Single Family Home
Opelika, AL 36801
4
3
2699 ft2
650 DEKALB ST #2110
Rent to Own Eligible
 
Townhouse/Condo
Auburn, AL 36830
3
2
1183 ft2
2007
2650 MILL LAKES RDG
Rent to Own Eligible
 
Single Family Home
Opelika, AL 36801
3
2
2354 ft2
2020
New
146 GREEN ST
Rent to Own Eligible
Mckinley Heights
Single Family Home
Auburn, AL 36830
3
2
1935 ft2
1945
650 DEKALB ST #1116
Rent to Own Eligible
 
Townhouse/Condo
Auburn, AL 36830
5
2
1858 ft2
2007
New
575 NORTHBROOK DR
Rent to Own Eligible
 
Single Family Home
Opelika, AL 36801
4
3
2641 ft2
2019
2911 STILLWOOD WAY
Rent to Own Eligible
 
Single Family Home
Opelika, AL 36804
5
3
2573 ft2
2011
New
3855 ACADEMY DR #505
Rent to Own Eligible
 
Townhouse/Condo
Opelika, AL 36801
3
3
1492 ft2
2018
2909 ANDERSON LAKES CT
Rent to Own Eligible
 
Single Family Home
Opelika, AL 36801
3
2
1540 ft2
2007
1 of 106 1412 ANNALUE DR
Rent to Own Eligible
 
Single Family Home
Auburn, AL 36830
5
5
4100 ft2
2020
2110 GREENE WAY
Rent to Own Eligible
 
Single Family Home
Opelika, AL 36801
4
3
3461 ft2
2019
2900 WATERFORD BLVD
Rent to Own Eligible
 
Single Family Home
Opelika, AL 36804
3
2
1551 ft2
2008
New
1517 DARTMOUTH DR
Rent to Own Eligible
 
Single Family Home
Auburn, AL 36830
3
3
1615 ft2
2020
1 of 9 506 MOORES MILL RD
Rent to Own Eligible
 
Single Family Home
Auburn, AL 36830
4
4
2698 ft2
1950
327 N ROSS ST #131
Rent to Own Eligible
 
Townhouse/Condo
Auburn, AL 36830
2
2
950 ft2
2004
1 of 31 5 DICKENS ALY
Rent to Own Eligible
 
Townhouse/Condo
Auburn, AL 36830
4
3
3220 ft2
2016
New
4 KIPLING LN
Rent to Own Eligible
 
Townhouse/Condo
Auburn, AL 36830
3
3
1981 ft2
2017
New
601 N GAY ST #A102
Rent to Own Eligible
Old Main Church Street Historic District
Townhouse/Condo
Auburn, AL 36830
2
2
1151 ft2
1985
1806 RAYMER PL
Rent to Own Eligible
 
Single Family Home
Auburn, AL 36830
5
4
4555 ft2
2011
New
1 of 21 1315 N COLLEGE ST
Rent to Own Eligible
 
Single Family Home
Auburn, AL 36830
3
2
1643 ft2
1972
1385 S DONAHUE DR #2103
Rent to Own Eligible
 
Townhouse/Condo
Auburn, AL 36832
2
2
913 ft2
2005
402 W MAGNOLIA AVE #232
Rent to Own Eligible
Downtown Auburn
Townhouse/Condo
Auburn, AL 36832
2
2
1165 ft2
2008
New
430 W GLENN AVE #406
Rent to Own Eligible
Downtown Auburn
Townhouse/Condo
Auburn, AL 36832
2
2
889 ft2
2006
5587 HEATH RD
Rent to Own Eligible
 
Single Family Home
Auburn, AL 36830
5
4
3602 ft2
2016
2047 KALLIBROOKE LN
Rent to Own Eligible
Wrights Mill Estates
Single Family Home
Auburn, AL 36830
5
4
3703 ft2
1994
1114 S COLLEGE ST #4-102
Rent to Own Eligible
 
Townhouse/Condo
Auburn, AL 36832
2
2
955 ft2
2003
New
1114 S COLLEGE ST #2-103
Rent to Own Eligible
 
Townhouse/Condo
Auburn, AL 36832
4
2
1404 ft2
2002
1477 N DONAHUE DR #205
Rent to Own Eligible
 
Townhouse/Condo
Auburn, AL 36830
2
3
1346 ft2
2003
Hot
1809 YARBROUGH FARMS BLVD
Rent to Own Eligible
The Auburn University Club
Single Family Home
Auburn, AL 36830
5
4
4341 ft2
2017
447 W LONGLEAF DR #903
Rent to Own Eligible
 
Townhouse/Condo
Auburn, AL 36832
2
2
988 ft2
2002
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Buying a Home in Opelika, AL

Opelika, AL is seeing rapid growth and Opelika, AL's' housing market remains optimal with an average home price that is -29% below the 2024 national average. Opelika, AL is part of Lee 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 Lee is 0.5% which is below the national average, which is 0.99%.

Median Home Price in Opelika, AL

Median Rent in Opelika, AL

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

Top 5 Reasons to Live in Opelika, AL

Shorter commute times! Residents of Opelika spend less time on the road and more time working--and playing. The average drive to work is less than 20 minutes, which is 24% less than the state's average. Cutting through the southeast section of Opelika, Interstate 85 makes it easier to travel to Montgomery, Atlanta or just to get from Columbus Pkwy. to the Auburn University Regional Airport.

More vacancies for renters! Local home prices hover around the national average but Opelika has a high vacancy rate of 13.02%. This elevated vacancy rate can be attributed to seasonal occupation of rentals in closer proximity to Auburn University, mostly in the southwest section of town. Search the Pepperell and south Chewacla neighborhoods in summer to secure a rental property in newer developments or subdivisions.

Abundant outdoor activities! With five city parks, seven golf courses and the annual Dogwood and Azalea Trail, Opelika is full of outdoor recreation for residents of all ages and interests. Expert fishermen can head up to Saugahatchee Lake to catch some largemouth bass. Adventure-seekers can spend weekends down at Chewacla State Park for camping, fishing and mountain biking. Locals can relax with a visit to Municipal Park for Summer Swing, a free outdoor concert series that runs every Tuesday night for 15 weeks.

Lower rent prices! Rental prices in Opelika City Center are currently 45 percent lower than the average neighborhood in Alabama. This is a more established area featuring a wide selection of medium-sized single family homes and spacious apartments. Expanding the house hunting search to the Geneva St. and Mount Jefferson areas will improve chances of finding the perfect rent to own home.

Active historic downtown! After major renovations, Historic Downtown Opelika is attracting locals to the revitalized shopping district with a variety of independent restaurants, charming boutiques and special events throughout the year. Residents and visitors alike come out for the Opelika Arts Festival, an annual Christmas parade, Easter on the Square and the Rails and Bales Heritage Festival.