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 Montgomery, AL rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 440
148 CEDAR ST
Rent To Own
 
Single Family Home
Montgomery, AL 36110
3
1
1025 ft2
1972
Hot New
17 DAVIS DR
Rent To Own
Bellingrath Cloverland
Single Family Home
Montgomery, AL 36105
3
1
1063 ft2
1947
3111 SUTTON DR
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36111
2
2
1367 ft2
1986
3142 KNIGHTSBRIDGE CURV
Rent to Own Eligible
Brentwood
Single Family Home
Montgomery, AL 36111
4
3
2376 ft2
1976
732 WHITEHALL PKWY
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36109
5
6
4714 ft2
1997
Hot
1854 LONGMEADOW DR
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36106
3
2
1568 ft2
1978
1 of 2 3161 ROLLING RD
Rent to Own Eligible
McGehee/Allendale
Single Family Home
Montgomery, AL 36111
5
4
4314 ft2
1973
3750 DALRAIDA PKWY
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36109
3
2
1706 ft2
1951
246 N COURT ST
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36104
2
2
1416 ft2
1900
1 of 14 3581 FOXHALL DR
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36111
5
4
3011 ft2
1971
2124 ALLENDALE RD
Rent to Own Eligible
McGehee/Allendale
Single Family Home
Montgomery, AL 36111
5
4
3916 ft2
1985
1809 WINONA AVE
Rent to Own Eligible
Capitol Heights
Single Family Home
Montgomery, AL 36107
3
2
1666 ft2
1945
2122 VAUGHN LN
Rent to Own Eligible
Ridgefield
Single Family Home
Montgomery, AL 36106
5
4
3494 ft2
1983
968 E FAIRVIEW AVE
Rent to Own Eligible
Cloverdale/Idlewild
Single Family Home
Montgomery, AL 36106
3
3
2360 ft2
1925
3442 BANKHEAD AVE
Rent to Own Eligible
Edgewood
Single Family Home
Montgomery, AL 36111
4
5
4262 ft2
1955
3466 SOUTHVIEW AVE
Rent to Own Eligible
Edgewood
Single Family Home
Montgomery, AL 36111
3
3
2033 ft2
1951
648 PARK AVE
Rent to Own Eligible
Old Cloverdale
Single Family Home
Montgomery, AL 36106
3
3
2332 ft2
1952
104 W WAREINGWOOD DR
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36109
5
3
2608 ft2
1941
1238 GLEN GRATTAN DR
Rent to Own Eligible
Edgewood
Single Family Home
Montgomery, AL 36111
4
5
4755 ft2
1937
1255 GLEN GRATTAN DR
Rent to Own Eligible
Edgewood
Single Family Home
Montgomery, AL 36111
4
3
3111 ft2
1954
2914 JAMESTOWN DR
Rent to Own Eligible
McGehee/Allendale
Single Family Home
Montgomery, AL 36111
3
2
2515 ft2
1978
2406 HERMITAGE DR
Rent to Own Eligible
McGehee/Allendale
Single Family Home
Montgomery, AL 36111
6
5
3691 ft2
1967
2796 ASHLEY AVE
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36109
3
2
2702 ft2
1950
1215 S HULL ST
Rent to Own Eligible
Garden District
Townhouse/Condo
Montgomery, AL 36104
5
3
0 ft2
1925
2977 OLD FARM RD
Rent to Own Eligible
McGehee/Allendale
Townhouse/Condo
Montgomery, AL 36111
3
3
2031 ft2
1976
4043 RAY DR
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36109
4
2
2030 ft2
1986
1331 PRIMROSE LN
Rent to Own Eligible
Edgewood
Single Family Home
Montgomery, AL 36111
4
3
3493 ft2
1981
1453 S PERRY ST
Rent to Own Eligible
Garden District
Single Family Home
Montgomery, AL 36104
4
3
4302 ft2
1910
2232 SAINT CHARLES AVE
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36107
3
1
1330 ft2
1915
3175 THOMAS AVE
Rent to Own Eligible
Edgewood
Single Family Home
Montgomery, AL 36106
5
5
7021 ft2
1821
1868 GILLESPIE DR
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36106
2
2
1488 ft2
1988
2520 COLLEGE ST
Rent to Own Eligible
Old Cloverdale
Single Family Home
Montgomery, AL 36106
3
2
2151 ft2
1940
418 BURTON AVE
Rent to Own Eligible
Garden District
Townhouse/Condo
Montgomery, AL 36104
4
3
3232 ft2
1910
37 ARDEN RD
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36109
3
2
1547 ft2
1949
3206 S PERRY ST
Rent to Own Eligible
Bellingrath Cloverland
Single Family Home
Montgomery, AL 36105
8
4
3362 ft2
1943
3307 BANKHEAD AVE
Rent to Own Eligible
Edgewood
Single Family Home
Montgomery, AL 36106
4
5
5400 ft2
1935
3317 BANKHEAD AVE
Rent to Own Eligible
Edgewood
Single Family Home
Montgomery, AL 36106
5
6
5169 ft2
1947
4348 WHITE ACRES RD
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36106
5
3
2513 ft2
1977
4508 DEERFIELD CT
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36109
3
2
1653 ft2
1988
572 PENINSULA LN
Rent to Own Eligible
 
Single Family Home
Millbrook, AL 36054
3
2
1899 ft2
1998
New
1401 CHARLETON DR
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36106
3
3
2660 ft2
1997
New
1615 FOREST AVE
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36106
3
2
2000 ft2
1930
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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 2024 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 2024 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.