Rent to own Homes in Athens, AL
The county seat in Limestone County, Alabama, Athens was incorporated in 1818, one year before the state officially joined the Union. Through its lifespan, the city has been honored with some important historical events, such as in 1934, when Athens was the first city to receive electricity from the Tennessee Valley Authority. Currently, it has a population of about 22,000 residents. With a land area of 39.4 square miles, Athens has a low population density and a lot of room for residents to move around.
Athens, AL is a great place for affordable rent-to-own homes! With a median household income of over $53,144 and a median rent of $657, the Athens, 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 Athens, 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 Athens, AL Property Resources
Rent to own Homes in Cities Near Athens, AL
- Ardmore
- Ardmore
- Athens
- Blanche
- Brownsboro
- Danville
- Decatur
- Elkmont
- Elkton
- Eva
- Falkville
- Hartselle
- Harvest
- Hazel Green
- Huntsville
- Laceys Spring
- Madison
- Meridianville
- Moores Mill
- Mooresville
- New Hope
- New Market
- Owens Cross Roads
- Priceville
- Prospect
- Redstone Arsenal
- Somerville
- Taft
- Tanner
- Toney
- Triana
- Trinity
- Valhermoso Springs
Neighborhoods in Athens, AL
No neighborhoods foundPopular Zip Codes in Athens, AL
35613 rent to own homesBuying a Home in Athens, AL
Athens, AL is seeing rapid growth and Athens, AL's' housing market remains optimal with an average home price that is -21% below the 2024 national average. Athens, AL is part of Limestone 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 Limestone is 0.31% which is below the national average, which is 0.99%.
Median Home Price in Athens, AL
Median Rent in Athens, AL
7 Reasons to Live in Athens, AL
A booming real estate market! Though the average price of homes for sale in Athens is slightly higher than the Alabama average, they still rest comfortably below the United States average. Additionally, there are some neighborhoods with lower overall prices, such as Pinedale Acres or Lester, both of which offer great deals. If you're looking for less of an immediate commitment, there are also rent to own homes on the market.
Very inexpensive rental prices! Whereas a house sale might be closer to the national average, rental prices are extremely inexpensive in Athens. This is especially true if you know which apartment complexes to look at. Oakleaf offers some of the lowest prices in the city on one and two bedroom units. Windsor is similarly priced and offers a nice alternative.
Take part in the community! There are a variety of local events that happen throughout the year in Athens. On the first Saturday of every month starts with the Alabama Veterans Museum Coffee call at eight a.m. That evening, they hold the Cruise in on The Square, where locals enjoy unique shopping, dining and entertainment events.
Enjoy the local parks! The city of Athens has six parks maintained by the local government. The Athens Sportsplex is popular throughout the week. For a nice daylong event, Big Spring Memorial Park always offers a breath of fresh air.
Taste the local cuisine! A small city would not be complete without some favorite local eating spots. 306 Barbecue always delivers delicious food. If you are in the mood for something different, Las Trojas Cantina is another local favorite.
Play a game of golf! Athens offers a few different locations to play golf. Two local favorite spots are Eagle Up for a nice driving range and Canebrake Club to play one of the best courses in all of Alabama.
Appreciate the local arts! If you are looking to appreciate some artwork, the Carole Foret Fine Art gallery is a beautiful place to check out. The Alabama Veteran's Museum & Archives is another great place to check out the local culture.