Rent to Own Homes in Selma, AL

Selma is a city steeped in historical events that made huge impacts on America's current state of affairs. It was a main manufacturing city of the Confederacy during the Civil War and became central to the iconic March to Montgomery in 1965. Outside of this historical significance, Selma is now home to several cultural attractions, walking tours, museums and even a nearby archaeological park. Sometimes it's hard not to get caught up in the historical significance of the area, but local residents manage to do it every single day.

Selma, AL is a great place for affordable rent-to-own homes! With a median household income of over $26,581 and a median rent of $645, the Selma, 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 Selma, 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 112 Selma, AL rent to own homes for sale, which may include auction properties, for sale by owner, and more.

Showing 1 - 44 of 112
1 of 5 1551 Moores Ferry Road
1 Bed, 1 Bath
Rent To Own
 
Single Family Home
Selma, AL 36701
1 Sqft
1 of 24 93 Riverview Landing Lane Camden Al 36726
4 Beds, 3.5 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
Camden, AL 36726
2,850 Sqft | Built in 2013
Hot
52 Pecan Dr
Studio
Rent To Own
 
Single Family Home
Selma, AL 36701
1,001 Sqft | Built in 1971
9226 River Rd
Studio
Rent To Own
 
Single Family Home
Selma, AL 36703
0 State Highway 22
Studio
Rent To Own
 
Single Family Home
Selma, AL 36701
1 of 17 25 County Road 942
Studio
Rent To Own
 
Single Family Home
Clanton, AL 35045
1,450 Sqft | Built in 2007
83 County Road 1024 #10
Studio
Rent To Own
 
Single Family Home
Clanton, AL 35046
Lot 3 County Rd #3
Studio
Rent To Own
 
Single Family Home
Prattville, AL 36067
Rent to own homes offer low monthly payments and flexible terms
Lot 103 Shadow Creek Dr
Studio
Rent To Own
 
Single Family Home
Camden, AL 36726
Lot 6 County Rd #6
Studio
Rent To Own
 
Single Family Home
Prattville, AL 36067
2011 3rd Ave
Studio
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Selma, AL 36703
1,644 Sqft | Built in 1968
190 Oak St
Studio
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Selma, AL 36701
1,550 Sqft | Built in 2012
1129 Primrose Ter
Studio
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Valley Grande, AL 36703
2,060 Sqft | Built in 1930
1513 Tremont St
Studio
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Selma, AL 36701
915 Sqft | Built in 1998
1609 Voeglin Ave
Studio
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Selma, AL 36703
2,218 Sqft | Built in 1955
1801 Green St
Studio
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Selma, AL 36703
1,404 Sqft | Built in 2009
1826 Marie Foster St
Studio
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Selma, AL 36703
1,504 Sqft | Built in 1978
2009 3rd Ave
Studio
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Selma, AL 36703
1,769 Sqft | Built in 1965
2119 Church St
Studio
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Selma, AL 36701
1,291 Sqft | Built in 1963
219 10th Ave
Studio
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Selma, AL 36701
1,150 Sqft | Built in 1964
219 Lapsley St
Studio
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Selma, AL 36701
4,016 Sqft | Built in 1980
2900 N Broad St
Studio
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Selma, AL 36701
1,261 Sqft | Built in 1950
307 Ruth St
Studio
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Selma, AL 36701
1,548 Sqft | Built in 1979
308 Sherwood Dr
Studio
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Selma, AL 36701
1,879 Sqft | Built in 1965
309 E Castlewood Dr
Studio
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Valley Grande, AL 36701
2,343 Sqft | Built in 1979
310 Laurel Ave
Studio
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Selma, AL 36701
1,832 Sqft | Built in 1962
316 Wright Dr
Studio
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Valley Grande, AL 36701
2,564 Sqft | Built in 1979
407 Cedar Dr
Studio
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Selma, AL 36701
1,448 Sqft | Built in 1960
412 Woodrow Ave
Studio
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Selma, AL 36701
1,723 Sqft | Built in 1974
429 Young St
Studio
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Selma, AL 36701
1,957 Sqft | Built in 1950
501 Columbus Dr
Studio
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Selma, AL 36701
1,429 Sqft | Built in 1972
505 Columbus Dr
Studio
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Selma, AL 36701
1,663 Sqft | Built in 1969
507 Columbus Dr
Studio
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Selma, AL 36701
1,523 Sqft | Built in 1972
510 Grey St
Studio
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Valley Grande, AL 36703
1,818 Sqft | Built in 1945
5442 Merrifield Dr
Studio
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Valley Grande, AL 36703
4,398 Sqft | Built in 1960
805 5th Ave
Studio
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Selma, AL 36701
1,959 Sqft | Built in 1960
410 Birch Ave
Studio
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Selma, AL 36701
2,459 Sqft | Built in 1960
2022 Royal St
Studio
REO Foreclosure
 
Single Family Home
Selma, AL 36701
2,191 Sqft | Built in 1945
5 E Chambliss Dr
Studio
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Selma, AL 36701
2,884 Sqft | Built in 1968
531 2nd Ave
Studio
REO Foreclosure
 
Single Family Home
Selma, AL 36701
1,527 Sqft | Built in 1945
301 Barrett Rd
Studio
Auction
 
Single Family Home
Selma, AL 36701
1,896 Sqft | Built in 1967
911 Lapsley St
Studio
REO Foreclosure
 
Single Family Home
Selma, AL 36701
1,642 Sqft | Built in 1940
1213 Minter Ave
Studio
Auction
 
Single Family Home
Selma, AL 36703
720 Sqft | Built in 1987
New
81 County Road 65
Studio
REO Foreclosure
 
Single Family Home
Valley Grande, AL 36701
2,366 Sqft | Built in 1960
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Buying a Home in Selma, AL

Selma, AL is seeing rapid growth and Selma, AL's' housing market remains optimal with an average home price that is -58% below the 2022 national average. Selma, AL is part of Dallas 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 Dallas is 0.41% which is below the national average, which is 0.99%.

Median Home Price in Selma, AL

Median Rent in Selma, AL

Rent to own homes offer low monthly payments and flexible terms

Top 3 Reasons to Live in Selma

Great value on homes! The average home price in Selma is nearly 50 percent lower than America's average, so anyone looking for rent to own houses or who want to flat out purchase a home will get a fantastic deal. This doesn't reflect poorly on property valuations, though. Over the past decade, the housing value appreciation rate in Selma has been more than seven percentage points higher than the same rate in America. If a potential homeowner desires waterfront property on the Alabama River or prefers to live closer to the Selma Mall, they can do so at a great price and value.

A million-and-one things to do! Residents living in Selma never have a shortage of things to do. For those interested in history, there's always the chance to check out the Rosa Parks Museum, the National Voting Rights Museum and the Slavery and Civil War Museum. Want to get some shopping done? Head over to the Selma Mall or the Selma Flea Market and RV Park. Those with slightly different aspirations could even set out to the Montgomery Zoo or the Old Cahawba Archaeological Park in Orrville. It's amazing to have so many diverse activities nearby and accessible year-round.

Low cost of living! As mentioned, anyone looking to buy property in Selma is going to pay a great price compared to other cities in America. These financial savings aren't just meant for those who outright purchase their house. Rental prices are similarly amazing compared to national averages. The cost of a two-bedroom apartment or home in Selma, for instance, is over 40 percent lower than the national average. The city's cost of living index, which takes into account expenditures related to groceries, transportation, housing and other spending, is also nearly 20 points lower than the average in the country. This leaves plenty of money for regular outings to the Selma Walton Theater, Tally-Ho Restaurant or countless other dining and entertainment spots throughout the city.

Selma, AL Frequently Asked Questions

Selma, AL has a walk score of

Selma, 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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