Rent to Own Homes near 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.

Check out Montgomery, AL homes for sale that may include: rent to own, foreclosure, HUD, for sale by owner and more

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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.