Rent to own Homes in Banks, AL

Banks, AL is a great place for affordable rent-to-own homes! With a median household income of over $40,556 and a median rent of $792, the Banks, 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 Banks, 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 Banks, AL rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 136
102 WOODLEY AVE
Rent to Own Eligible
 
Single Family Home
Troy, AL 36081
4
4
2448 ft2
1955
New
1 of 5 204 DENDRON AVE
Rent to Own Eligible
 
Single Family Home
Troy, AL 36081
3
2
1540 ft2
1986
1 of 2 206 INGRAM DR
Rent to Own Eligible
 
Single Family Home
Troy, AL 36079
4
2
2073 ft2
2020
1 of 2 526 W ORANGE ST
Rent to Own Eligible
 
Single Family Home
Troy, AL 36081
4
3
2181 ft2
1945
1 of 53 3429 AL HIGHWAY 125
Rent to Own Eligible
 
Single Family Home
Brundidge, AL 36010
5
3
2738 ft2
1943
2015 CAMP GROUND CHURCH RD
Rent to Own Eligible
 
Single Family Home
Luverne, AL 36049
1
2
900 ft2
1 of 32 397 W 6TH ST
Rent to Own Eligible
 
Single Family Home
Luverne, AL 36049
4
2
2000 ft2
1943
103 S HUNTER LN
Rent to Own Eligible
 
Single Family Home
Troy, AL 36079
5
4
4281 ft2
1982
Hot
1 of 18 89 BLUE SPRINGS RD
Rent To Own
 
Single Family Home
Louisville, AL 36048
3
2
3000 ft2
1973
101 Martin Luther King Blvd N, Union Springs, AL 36089
Rent To Own
 
Single Family Home
Union Springs, AL 36089
5
2
3960 ft2
1900
423 WESTVIEW DR
Rent To Own
 
Single Family Home
Ozark, AL 36360
3
1
1100 ft2
1955
Hot
1 of 35 110 COUNTY ROAD 172
Rent To Own
 
Single Family Home
New Brockton, AL 36351
4
2
2207 ft2
2011
618 E MCKINNON ST
Rent To Own
 
Single Family Home
New Brockton, AL 36351
3
2
1404 ft2
1966
207 ALBERTA DR
Rent To Own
 
Single Family Home
Ozark, AL 36360
3
2
1350 ft2
1971
New
1 of 10 2321 CR 3336
Auction
 
Single Family Home
Brundidge, AL 36010
3
2
1938 ft2
1288 OLD HWY 231 NORTH LOT 7
REO Foreclosure
 
Single Family Home
Troy, AL 36079
3
2
1216 ft2
2013
1 of 20 107 COUNTY ROAD 128
REO Foreclosure
 
Single Family Home
Jack, AL 36346
3
2
1458 ft2
1945
1 of 5 456 COUNTY ROAD 315
REO Foreclosure
 
Single Family Home
Elba, AL 36323
2
1
900 ft2
1972
1 of 11 676 W HIGHWAY 27
Auction
 
Single Family Home
Ozark, AL 36360
3
1
1754 ft2
2018
241 HUDSON CIR
Auction
 
Single Family Home
Ozark, AL 36360
3
2
1200 ft2
1964
204 TAYLOR AVE
REO Foreclosure
 
Single Family Home
Elba, AL 36323
2
2
1549 ft2
1964
32 ABRELL LN
REO Foreclosure
 
Single Family Home
Montgomery, AL 36116
4
2
2707 ft2
2006
6 Beaver Pond Rd
Rent To Own
 
Single Family Home
Luverne, AL 36049
0
0
0 ft2
8 Beaver Pond Rd
Rent To Own
 
Single Family Home
Luverne, AL 36049
0
0
0 ft2
605 UNION HILL RD
Rent to Own Eligible
 
Single Family Home
Troy, AL 36081
0
2
1916 ft2
2003
313 E TROY ST
Rent to Own Eligible
 
Single Family Home
Brundidge, AL 36010
0
2
2270 ft2
1921
314 HOMEWOOD AVE
Rent to Own Eligible
 
Single Family Home
Troy, AL 36081
0
1
1602 ft2
1963
217 N FRANKLIN DR
Rent to Own Eligible
 
Single Family Home
Troy, AL 36081
0
1
1614 ft2
1958
803 PINE ST
Rent to Own Eligible
 
Single Family Home
Troy, AL 36081
0
1
1628 ft2
2004
105 PROSPECT RIDGE RD
Rent to Own Eligible
 
Single Family Home
Troy, AL 36079
0
1
2005 ft2
2003
1 of 53 201 LYNWOOD RD
Rent to Own Eligible
 
Single Family Home
Troy, AL 36081
0
4
2752 ft2
1998
New
2321 COUNTY ROAD 3336
Rent to Own Eligible
 
Single Family Home
Brundidge, AL 36010
0
1
1704 ft2
1993
11210 N HIGHWAY 123
Rent to Own Eligible
 
Single Family Home
Ariton, AL 36311
0
2
2718 ft2
2008
Hot
424 CREEL RICHARDSON RD
Rent to Own Eligible
 
Single Family Home
Ariton, AL 36311
0
1
1914 ft2
1990
425 CREEL RICHARDSON RD
Rent to Own Eligible
 
Single Family Home
Ariton, AL 36311
0
1
1242 ft2
1959
Hot
202 COUNTY ROAD 44
Rent to Own Eligible
 
Single Family Home
Clayton, AL 36016
0
2
2154 ft2
1966
925 COUNTY ROAD 25
Rent to Own Eligible
 
Single Family Home
Midway, AL 36053
0
1
1104 ft2
1975
2247 COUNTY ROAD 223
Rent to Own Eligible
 
Single Family Home
Jack, AL 36346
0
2
1468 ft2
2017
11055 HIGHWAY 51
Rent to Own Eligible
 
Single Family Home
New Brockton, AL 36351
0
1
2326 ft2
1957
107 POWELL ST S
Rent to Own Eligible
 
Single Family Home
Union Springs, AL 36089
0
1
2002 ft2
1870
1 of 10 206 CHUNNENUGGEE AVE
Rent to Own Eligible
 
Single Family Home
Union Springs, AL 36089
0
2
5557 ft2
1899
416 PRAIRIE ST
Rent to Own Eligible
 
Single Family Home
Union Springs, AL 36089
0
2
2660 ft2
1870
1205 TURKEY CREEK RD
Rent to Own Eligible
 
Single Family Home
Luverne, AL 36049
0
1
1803 ft2
1982
Hot
265 QUAIL HOLLOW RD
Rent to Own Eligible
 
Single Family Home
Ozark, AL 36360
0
1
2852 ft2
1972
Map
Sponsored Link

More Banks, AL Property Resources

Rent to own Homes in Cities Near Banks, AL

Browse all Rent to own Homes in Alabama

Neighborhoods in Banks, AL

No neighborhoods found

Popular Zip Codes in Banks, AL

No zip codes found

Buying a Home in Banks, AL

Banks, AL is seeing rapid growth and Banks, AL's' housing market remains optimal with an average home price that is -41% below the 2024 national average. Banks, AL is part of Pike 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 Pike is 0.34% which is below the national average, which is 0.99%.

Median Home Price in Banks, AL

Median Rent in Banks, AL

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