Rent to own Homes in Altamont, OR

Altamont, Oregon boasts a modest population of just under 20,000 residents. This suburban neighborhood of Klamath Falls is noteworthy for historic architecture which lends a varied appearance to its buildings and homes. The majority of the homes were constructed between 1940 to 1969. A few areas of the town feature homes built between 1970 and 1999, when Altamont experienced a construction boom.

Altamont, OR is a great place for affordable rent-to-own homes! With a median household income of over $48,285 and a median rent of $825, the Altamont, OR 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 Altamont, OR. 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 Altamont, OR rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 130
1 of 27 2745 HOPE ST
Rent To Own
 
Single Family Home
Klamath Falls, OR 97603
2
2
1700 ft2
1937
340 MARTIN ST
Rent To Own
 
Single Family Home
Klamath Falls, OR 97601
2
1
0 ft2
1926
1 of 16 1815 DERBY ST
Rent to Own Eligible
 
Single Family Home
Klamath Falls, OR 97603
3
2
1452 ft2
1948
New
2553 APPLEGATE AVE
Rent to Own Eligible
 
Single Family Home
Klamath Falls, OR 97601
2
1
840 ft2
1940
7249 HENLEY RD
Rent to Own Eligible
 
Single Family Home
Klamath Falls, OR 97603
3
2
2448 ft2
1930
1 of 17 1117 RIVERSIDE DR
Rent to Own Eligible
 
Single Family Home
Klamath Falls, OR 97601
2
2
1242 ft2
1995
1304 WORDEN AVE
Rent to Own Eligible
 
Single Family Home
Klamath Falls, OR 97601
3
2
3176 ft2
1920
1911 N ELDORADO AVE
Rent to Own Eligible
 
Single Family Home
Klamath Falls, OR 97601
3
2
1831 ft2
1975
New
1 of 84 22 HIGH ST
Rent to Own Eligible
 
Single Family Home
Klamath Falls, OR 97601
3
2
1623 ft2
1918
1 of 50 727 ROSEWAY DR
Rent to Own Eligible
 
Single Family Home
Klamath Falls, OR 97601
2
1
1760 ft2
1927
1 of 113 126 N GEORGIA ST
Rent to Own Eligible
 
Single Family Home
Klamath Falls, OR 97601
2
1
1546 ft2
1926
1 of 27 3433 N RIDGE DR
Rent to Own Eligible
 
Single Family Home
Klamath Falls, OR 97601
3
3
2216 ft2
1997
New
1 of 34 635 WILDLAND DR
Rent to Own Eligible
 
Single Family Home
Klamath Falls, OR 97601
4
2
1825 ft2
2007
605 WILDLAND DR
Rent to Own Eligible
 
Single Family Home
Klamath Falls, OR 97601
3
2
1795 ft2
2007
1138 BUCK ISLAND DR
Rent to Own Eligible
Lake Shore Gardens
Single Family Home
Klamath Falls, OR 97601
4
3
2771 ft2
1978
12570 HIGHWAY 39
Rent to Own Eligible
 
Single Family Home
Klamath Falls, OR 97603
2
1
1200 ft2
1942
New
1 of 71 5631 VALLEYVIEW LN
Rent to Own Eligible
 
Single Family Home
Klamath Falls, OR 97601
3
2
2051 ft2
1979
1 of 77 5726 VALLEYVIEW LN
Rent to Own Eligible
 
Single Family Home
Klamath Falls, OR 97601
3
2
1520 ft2
1980
5851 WOCUS RD
Rent to Own Eligible
 
Single Family Home
Klamath Falls, OR 97601
2
1
1572 ft2
1969
19855 HIGHWAY 97 S
Rent to Own Eligible
 
Single Family Home
Klamath Falls, OR 97603
3
2
896 ft2
2001
Hot
1 of 19 7639 BLY MOUNTAIN CUTOFF RD
Rent to Own Eligible
 
Single Family Home
Bonanza, OR 97623
2
1
2379 ft2
1970
26949 DREWS RD
Rent to Own Eligible
 
Single Family Home
Chiloquin, OR 97624
2
2
1764 ft2
105 E ARNOLD ST
Rent to Own Eligible
 
Single Family Home
Chiloquin, OR 97624
2
1
1304 ft2
1976
27341 ROCKY POINT RD
Rent to Own Eligible
 
Single Family Home
Klamath Falls, OR 97601
2
2
896 ft2
1971
9898 E LANGELL VALLEY RD
Rent to Own Eligible
 
Single Family Home
Bonanza, OR 97623
5
1
1592 ft2
1938
1701 SACRAMENTO ST
Rent to Own Eligible
 
Single Family Home
Macdoel, CA 96058
2
2
1275 ft2
1980
1 of 24 1222 SUMMERS LN
Rent To Own
 
Single Family Home
Klamath Falls, OR 97603
8
4
3840 ft2
1981
Hot
1 of 38 9907 HIGHWAY 140 E
Rent To Own
 
Single Family Home
Klamath Falls, OR 97603
4
3
2270 ft2
1947
Hot
1 of 9 3537 PINE TREE DR
Rent To Own
 
Single Family Home
Klamath Falls, OR 97603
4
2
1813 ft2
2016
4043 LAKEPORT BLVD
Rent To Own
 
Single Family Home
Klamath Falls, OR 97601
6
5
3925 ft2
1902
1 of 41 10414 MERLIN WAY
Rent To Own
 
Single Family Home
Klamath Falls, OR 97601
3
3
2400 ft2
2001
1 of 10 1234 Crater lake Oregon
Rent To Own
 
Multifamily (2 - 4 Units)
Crater Lake, OR 97624
5
5
2500 ft2
2010
4423 MEADOWS DR
Auction
 
Single Family Home
Klamath Falls, OR 97603
4
2
1732 ft2
1977
4811 HARLAN DR
Auction
 
Single Family Home
Klamath Falls, OR 97603
3
2
1084 ft2
2010
4329 COTTAGE AVE
Auction
 
Single Family Home
Klamath Falls, OR 97603
3
1
1080 ft2
1937
1 of 179 6703 EBERLEIN AVE
Auction
 
Single Family Home
Klamath Falls, OR 97603
3
2
1908 ft2
1971
1 of 5 3940 SHASTA WAY
Auction
 
Single Family Home
Klamath Falls, OR 97603
3
1
1064 ft2
1937
4511 ONYX AVE
REO Foreclosure
 
Single Family Home
Klamath Falls, OR 97603
3
2
1182 ft2
1958
1 of 15 3039 ALTAMONT DR
Auction
Altamont Acres
Single Family Home
Klamath Falls, OR 97603
2
1
914 ft2
1940
3922 BARRY AVE
Auction
 
Single Family Home
Klamath Falls, OR 97603
3
2
1176 ft2
1960
1107 MCCLELLAN DR
REO Foreclosure
 
Single Family Home
Klamath Falls, OR 97603
6
4
2496 ft2
1968
4756 SHASTA WAY
Auction
 
Single Family Home
Klamath Falls, OR 97603
2
1
928 ft2
1937
New
1 of 16 4326 S MEADOWS CT
Auction
 
Single Family Home
Klamath Falls, OR 97603
3
2
1176 ft2
1975
New
1 of 55 5195 WALTON DR
Auction
 
Single Family Home
Klamath Falls, OR 97603
3
1
1344 ft2
1971
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Buying a Home in Altamont, OR

Altamont, OR is seeing rapid growth and Altamont, OR's' housing market remains optimal with an average home price that is -25% below the 2024 national average. Altamont, OR is part of Klamath 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 Klamath is 0.64% which is below the national average, which is 0.99%.

Median Home Price in Altamont, OR

Median Rent in Altamont, OR

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

Top 5 Reasons to Live in Altamont, OR

Established, landscaped neighborhoods! The home owner occupancy rate in Altamont hovers at around 62 percent. Most of the homes are small two, three or four bedroom single family homes. The town also has a good number of mobile homes. A large percentage of the older homes boast quaint yards that feature mature landscaping. Residents often shop at Mountain Valley Gardens Nursery Center or Plantscapes of Oregon for native flora.

Ample parks to get close to nature! In and around Altamont are 30 parks with more than 700 acres of parkland. Conger Park has two softball fields and a soccer field where neighborhood locals and teams gather. Fairview Park has a large playground with picnic tables that offer an unparalleled view of the surrounding hills.

Fresh produce and wine tasting stands! Every Saturday from June until the last part of October, local farmers gather at 9th Street between Main and Klamath Avenue to sell their produce. There are also craft booths and fresh baked goods for sale. The area is within walking distance from most of the houses in Altamont. On Main Street, you'll find the Oregon Gift Store and Oregon Wine Cellar which offers tastings of regional wines.

Museums and theaters for all ages! The Ross Ragtag Theater and Cultural Center hosts a variety of classical music, jazz, theater and community events year round. The Children's Museum is fun for young and old alike. It features numerous exhibits, classes and craft functions.

Stable housing market spurs home buying! The average cost of a home in Altamont hovers at around $153,800 and the appreciation of the homes in the region have been rising steadily for the last decade. The stable housing market has bolstered traditional home sales and rent to own programs. Rent to own houses afford a renter the chance to lock in the home's price for future purchase. Locals who are seeking a home loan often to turn to local branches of the Umpqua Bank or Eagle Home Mortgage for all their home buying needs.