Rent to Own Homes in Montgomery, AL

Located south of the Alabama River, Montgomery is the capital city of Alabama with a population of 205,700, occupying a total land area of 155.4 square miles. The city is the first capital of the Confederacy -- in fact, it was on the steps of the State Capitol that US President Jefferson Davis was inaugurated. These days, Montgomery is home of the Maxwell Air Force Base, universities and colleges, sports complexes, manufacturing companies, and cultural attractions.

Montgomery, AL is a great place for affordable rent-to-own homes! With a median household income of over $49,608 and a median rent of $905, the Montgomery, 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 Montgomery, 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 300 Montgomery, AL rent to own homes for sale, which may include auction properties, for sale by owner, and more.

Showing 1 - 44 of 300
New
1 of 3 42 Waterview Drive
4 Beds, 2 Baths
Rent To Own
 
Single Family Home
Wetumpka, AL 36092
2,378 Sqft | Built in 2022
1 of 33 6009 Greystone Pl
6 Beds, 9 Baths
Rent To Own
 
Single Family Home
Montgomery, AL 36117
8,666 Sqft | Built in 2008
9105 Castle Pines Cir
3 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
Montgomery, AL 36117
2,693 Sqft | Built in 2002
1 of 26 9442 Crescent Lodge Dr
4 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
Pike Road, AL 36064
2,741 Sqft | Built in 2013
1 of 17 8929 Saw Tooth Loop
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Pike Road, AL 36064
1,824 Sqft | Built in 2012
1 of 58 975 Bon Terre Blvd
4 Beds, 3.5 Baths
Rent To Own
 
Single Family Home
Pike Road, AL 36064
3,194 Sqft | Built in 2011
1 of 15 8637 Thrush Ln
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Montgomery, AL 36117
3,524 Sqft | Built in 2011
1321 Tudor Dr
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Montgomery, AL 36117
1,634 Sqft | Built in 1977
Rent to own homes offer low monthly payments and flexible terms
1 of 25 8820 Lillington Cir
4 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
Montgomery, AL 36117
2,733 Sqft | Built in 2006
1 of 54 8324 Chadburn Way
4 Beds, 4 Baths
Rent To Own
 
Single Family Home
Montgomery, AL 36116
3,443 Sqft | Built in 2003
Hot
1 of 11 2063 Hazel Hedge Ln
3 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
Montgomery, AL 36106
2,806 Sqft | Built in 1981
1 of 27 9287 Berrington Place
4 Beds, 2.5 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
Montgomery, AL 35226
3,000 Sqft | Built in 2000
1 of 11 737 Park Ave
3 Beds, 2 Baths
Rent To Own
Old Cloverdale
Single Family Home
Montgomery, AL 36106
2,274 Sqft | Built in 1935
Hot
95 W Southmont Dr
3 Beds, 1 Bath
Rent To Own
 
Single Family Home
Montgomery, AL 36105
1,348 Sqft | Built in 1952
1 of 7 1014 Saddle Ridge Way
4 Beds, 3.5 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
Prattville, AL 36066
3,908 Sqft | Built in 2007
1 of 58 1008 Saddle Ridge
4 Beds, 4 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
Prattville, AL 36066
2,843 Sqft | Built in 2012
1 of 3 4835 Brooks Rd
2 Beds, 1 Bath
Rent To Own
 
Single Family Home
Montgomery, AL 36110
660 Sqft | Built in 1995
1 of 19 529 Mount Airy Dr
4 Beds, 2 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
Prattville, AL 36067
1,500 Sqft | Built in 1994
1 of 5 Lot 11 Austin Valley Drive
1 Bed, 1 Bath
Rent To Own
 
Single Family Home
Prattville, AL 36067
1 Sqft
1 of 25 208 Woodgate Drive
4 Beds, 3 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
Elmore, AL 36022
3,135 Sqft | Built in 1985
1 of 46 106 Asbury Drive
4 Beds, 4 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
Prattville, AL 36066
2,971 Sqft | Built in 2004
1 of 15 0 County Road 81
1 Bed, 1 Bath
Rent To Own
 
Single Family Home
Tuskegee, AL 36083
1 Sqft
101 Martin Luther King Blvd N, Union Springs, Al 36089
5 Beds, 2 Baths
Rent To Own
 
Single Family Home
Union Springs, AL 36089
3,960 Sqft | Built in 1900
607 Thomas St
3 Beds, 1 Bath
Rent To Own
 
Single Family Home
Tuskegee, AL 36083
1,500 Sqft | Built in 1963
1 of 29 Unit 2402 - 48 Stoneview Summit Lane
3 Beds, 2 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
Dadeville, AL 36853
1,500 Sqft | Built in 2009
1 of 35 Live Oak Point
3 Beds, 2.5 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
Jacksons Gap Lake Martin, AL 36861
2,900 Sqft | Built in 2016
1 of 14 120 East Avenue
1 Bed, 1 Bath
Rent To Own
 
Multifamily (2 - 4 Units)
Dadeville, AL 36853
500 Sqft | Built in 2007
1 of 10 Contact Seller For Appointment
2 Beds, 2.5 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
Camp Hill, AL 36850
Built in 2014
1 of 3 124 Sunset Ridge
3 Beds, 2 Baths
Auction
 
Single Family Home
Montgomery, AL 36108
1,442 Sqft | Built in 1986
3576 N Wareingwood Dr
4 Beds, 2 Baths
REO Foreclosure
 
Single Family Home
Montgomery, AL 36109
1,291 Sqft | Built in 1953
3009 Lyerly Ln
2 Beds, 2 Baths
REO Foreclosure
 
Single Family Home
Montgomery, AL 36110
1,152 Sqft | Built in 1969
168 Green Ridge Rd
3 Beds, 2 Baths
REO Foreclosure
 
Single Family Home
Montgomery, AL 36109
1,303 Sqft | Built in 1994
2921 Brevard Ave
3 Beds, 1 Bath
REO Foreclosure
 
Single Family Home
Montgomery, AL 36109
1,447 Sqft | Built in 1952
416 Tree Line Dr
3 Beds, 2 Baths
REO Foreclosure
 
Single Family Home
Montgomery, AL 36117
1,467 Sqft | Built in 2008
New
6916 Eastern Shore Rd
3 Beds, 2 Baths
Auction
 
Single Family Home
Montgomery, AL 36117
1,527 Sqft | Built in 1999
3438 Harmony St
3 Beds, 2 Baths
REO Foreclosure
 
Single Family Home
Montgomery, AL 36108
1,056 Sqft | Built in 2007
100 Spring Valley Rd
3 Beds, 2 Baths
REO Foreclosure
 
Single Family Home
Montgomery, AL 36116
1,594 Sqft | Built in 1967
3588 Southmont Dr
3 Beds, 1 Bath
REO Foreclosure
 
Single Family Home
Montgomery, AL 36105
1,156 Sqft | Built in 1950
2524 Wentworth Dr
4 Beds, 2 Baths
REO Foreclosure
Ridgefield
Single Family Home
Montgomery, AL 36106
3,132 Sqft | Built in 1977
2816 Tremont St
3 Beds, 2 Baths
REO Foreclosure
 
Single Family Home
Montgomery, AL 36110
1,544 Sqft | Built in 1979
214 Ingle Dr
3 Beds, 1 Bath
REO Foreclosure
 
Single Family Home
Montgomery, AL 36110
1,200 Sqft | Built in 1965
149 Oak Forest Dr
3 Beds, 1 Bath
REO Foreclosure
 
Single Family Home
Montgomery, AL 36109
1,640 Sqft | Built in 1944
1512 Flamingo Ln
3 Beds, 1.5 Bath
REO Foreclosure
 
Single Family Home
Montgomery, AL 36116
1,536 Sqft | Built in 1961
1 of 17 2621 Clement Curv
3 Beds, 2 Baths
Auction
 
Single Family Home
Montgomery, AL 36111
1,434 Sqft | Built in 1963
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Buying a Home in Montgomery, AL

Montgomery, AL is seeing rapid growth and Montgomery, AL's' housing market remains optimal with an average home price that is -44% below the 2022 national average. Montgomery, AL is part of Montgomery 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 2022 for county Montgomery is 0.36% which is below the national average, which is 0.99%.

Median Home Price in Montgomery, AL

Median Rent in Montgomery, AL

Rent to own homes offer low monthly payments and flexible terms

Top Reasons to Live in Montgomery AL

Housing Statistics It is interesting to know that the percentage of owner-occupied houses in Montgomery is 52.09%, which is slightly lower than the state average and national average of 60.4% and 57.69%, respectively. Percentage of homes that are rented is at 36.37%, which is higher than the state average of 26.30% and national average of 30.93%. People looking for home rentals or rent to own housing schemes need not fret. With the city's 11.54% vacancy rate, there's ample space for everyone. Real estates in Montgomery are of single-family homes type with a median sale price of $122,600. Recently, there have been 2,236 homes sold in this city and an average quarterly home sales transaction of 990 in 2012.

Local Sports Montgomery hosts many local sporting events; no wonder, it has produced champion athletes like track and field 2-time Olympic gold medalist, Alonzo Babers; current Alabama State University coach, Reggie Barlow; and football Hall of Famer, Bart Starr; to name a few. Moreover, the city has its own baseball team, the Montgomery Biscuits. Colleges and universities' sporting events are some of the highlights of local sports in Montgomery. College football, baseball, and basketball teams can get locals in a frenzy like nothing else can. Football teams face off at Hornet Stadium, baseball matches are usually at ASU Baseball Complex, and games of basketball are at Dunn-Oliver Acadome.

Events and Festivals There's never any shortage of events and festivals in Montgomery. One notable example is the Alabama Shakespeare Festival, one of the best regarded theaters in the nation, which showcases productions all year round, including a repertoire of works from Shakespeare, Broadway musicals, and works from Southern writers. Another must-see event in this city is the Alabama National Fair, which features several activities like choral festival, rodeos, performances, and other competitions. Southern Livestock Exposition Rodeo and Zoo Weekend are two other long-held traditions that locals and tourists are bracing for. Between these major festivals, the city's events calendar is filled brimming with other initiatives like art exhibits, dragon boat race festivals, concerts, and ballet productions.

Neighborhood Different neighborhoods have their own unique charm and character. And often, neighborhoods' idiosyncrasies rub off on the residents. Thus, choosing the right area is one decision you can't afford to make indiscriminately.

Montgomery, AL Frequently Asked Questions

Montgomery, AL has a walk score of

Montgomery, AL has a bike score of

The state tax rate is 2.0 to 5.0% on top of the federal tax rate of 10 to 37%.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Some data might be from tax-rates.org
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