Rent to own Homes in Talladega, AL
Deriving its name from a Muscogee Creek Native American word meaning "border town," Talladega is located about 40 miles east of Birmingham. It lies along the boundary between the lands of the Muscogee Creek tribe and the lands of the Cherokee and Chickasaw tribes. Home to the oldest bank in the state, the Alabama Institute for the Deaf and Blind and the historic Talladega College, Talladega also hosts 15,676 residents.
Talladega, AL is a great place for affordable rent-to-own homes! With a median household income of over $30,088 and a median rent of $565, the Talladega, 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 Talladega, 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.
More Talladega, AL Property Resources
Rent to own Homes in Cities Near Talladega, AL
- Alexandria
- Anniston
- Ballplay
- Choccolocco
- Coats Bend
- Delta
- Eastaboga
- Edwardsville
- Gadsden
- Glencoe
- Heflin
- Hobson City
- Hokes Bluff
- Hollis Crossroads
- Jacksonville
- Lincoln
- Lineville
- Munford
- Nances Creek
- Ohatchee
- Oxford
- Piedmont
- Ragland
- Rainbow City
- Riverside
- Saks
- Southside
- Spring Garden
- Talladega
- Tidmore Bend
- Weaver
- Wellington
- West End-Cobb Town
- White Plains
Neighborhoods in Talladega, AL
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Talladega, AL is seeing rapid growth and Talladega, AL's' housing market remains optimal with an average home price that is -60% below the 2024 national average. Talladega, AL is part of Talladega 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 Talladega is 0.39% which is below the national average, which is 0.99%.
Median Home Price in Talladega, AL
Median Rent in Talladega, AL
Top 5 Reasons to Live in Talladega, AL
Historic homes! At 45 years, the median home age in Talladega is older than the national average of 37, so it's no surprise that the city has several historic districts from which buyers can choose. Finding the perfect rent to own home or home for sale here shouldn't be difficult. In fact, the Silk Stocking District includes Victorian, Queen Anne and Revival homes, while the communities of Talladega College and the Talladega Courthouse Square historic districts include several National Historic Landmarks.
Low home prices! The median house price of $84,600 is significantly lower than the national median house price of $170,100, so real estate dollars go further here. Neighborhoods like Bemiston on the southern side of town and Barclay, which takes up most of the northern half of Talladega, are good places to start looking.
A national forest in your backyard! Talladega National Forest sits just east of city limits on the southern edge of the Appalachian Mountains. Hike the 6-mile Chinnabee Silent Trail to glimpse waterfalls, or the 100 miles that make up the Pinhoti Trail. Campgrounds, game hunting, ATV and bike trails, fishing and more bring residents into the forest year-round.
Life in the fast lane! Twice a year the city hosts NASCAR races at the Talladega Superspeedway, which was once an air force base. Because speeds regularly top 200 mph, the super speedway is known for its propensity to have one "Big One," or multi-car crash per race. Not to be outdone by the race track, the International Motorsports Hall of Fame was founded in the city in 1982 by NASCAR founder Bill France. Inductees to the hall of fame include people from all types of auto racing.
Diverse cuisine! While "'Dega," as the city is known, has its fair share of Southern-cuisine eateries, it also boasts a wide variety of international cuisine. Dine at a Japanese, Mexican, Italian, Chinese, or Barbecue restaurant without leaving the city limits. Make a day of it by choosing a local restaurant before or after visiting local attractions or National Historic Landmarks like Dr. Samuel Welch House, J.L.M. Curry House or Swayne Hall at Talladega College.