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 176
148 CEDAR ST
Rent To Own
 
Single Family Home
Montgomery, AL 36110
3
1
1025 ft2
1972
New
9336 STURBRIDGE PL
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36116
4
2
2591 ft2
1995
5512 ASH GROVE CIR
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36116
4
2
2495 ft2
2007
1 of 164 1665 PRAIRIE LN
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
3
2
2495 ft2
1999
2342 TANKERSLEY RD
Rent to Own Eligible
Ridgefield
Single Family Home
Montgomery, AL 36106
4
3
3116 ft2
1974
250 NEW PROVIDENCE WAY
Rent to Own Eligible
 
Single Family Home
Pike Road, AL 36064
4
2
3611 ft2
2012
7257 WYNLAKES BLVD
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
4
3
4084 ft2
1996
2313 SAGEWOOD DR
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
3
2
2119 ft2
1984
1 of 66 8311 TIMBER TRACE LN
Rent to Own Eligible
 
Single Family Home
Pike Road, AL 36064
5
3
5720 ft2
2005
1172 STAFFORD DR
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
3
2
1372 ft2
2000
1 of 108 3309 EVERGREEN HL
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36106
5
4
4200 ft2
1997
8066 BRIDGEWATER TRCE
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
3
3
2276 ft2
1999
8318 CHADBURN WAY
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36116
4
2
2557 ft2
2002
New
4673 CHRYSTAN RD
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36109
4
2
2146 ft2
1980
New
8983 STONERIDGE PL
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
3
2
1410 ft2
1999
New
9225 STILLFOREST CT
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
4
3
3270 ft2
2000
241 PECAN TREE LN
Rent to Own Eligible
 
Single Family Home
Pike Road, AL 36064
4
3
4521 ft2
2004
8079 WYNLAKES BLVD
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
4
2
3313 ft2
1990
1206 VILLAGE ROW
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
3
2
2178 ft2
2004
825 CHARLEMONT LN
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
3
2
1802 ft2
2008
8181 GRAYSON GRV
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
4
2
2234 ft2
2004
2743 IVY CHASE LOOP
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
3
2
1646 ft2
2004
2783 BREVARD AVE
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36109
3
2
1609 ft2
1952
732 WHITEHALL PKWY
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36109
4
3
4714 ft2
1997
1576 HALLWOOD LN
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
3
2
1451 ft2
2005
2436 WILDWOOD DR
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36111
4
3
4569 ft2
1997
1042 AUTUMN RIDGE RD
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
3
2
1792 ft2
2000
1 of 14 3581 FOXHALL DR
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36111
5
4
3011 ft2
1971
529 FELDER AVE
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36106
4
2
2776 ft2
1913
2830 FAIR OAKS DR
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
3
2
1610 ft2
1993
New
3620 LOCKWOOD LN
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36111
3
3
3425 ft2
2009
New
6009 PORTSMOUTH CT
Rent to Own Eligible
South Montgomery
Single Family Home
Montgomery, AL 36116
3
2
1414 ft2
1995
New
728 BROOKLAND CURV
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
3
2
1422 ft2
1998
New
1304 CAMERON CT
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
3
2
1509 ft2
2004
New
1800 FAIRFOREST DR
Rent to Own Eligible
Hillwood
Single Family Home
Montgomery, AL 36106
3
2
2013 ft2
1964
New
8813 AUTUMN BROOKE WAY
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
4
2
2331 ft2
2003
8254 PARKVIEW CT
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
3
2
1942 ft2
1995
9755 FARNHAM DR
Rent to Own Eligible
 
Single Family Home
Pike Road, AL 36064
3
2
1812 ft2
2006
5548 HOLLISTER DR
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36116
5
3
3228 ft2
2006
8032 COPPERFIELD DR
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
3
2
1652 ft2
2004
100 BLUSHING GROOM ST
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
3
3
1303 ft2
1992
7212 OLD FOREST RD
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
4
2
2150 ft2
1993
578 FOREST TRL
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
4
3
2484 ft2
1996
638 GLENMEDE LN
Rent to Own Eligible
 
Single Family Home
Montgomery, AL 36117
3
2
1464 ft2
2006
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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.