Rent to Own Homes in Tuscaloosa, AL

The University of Alabama is the centerpiece of Tuscaloosa, and the football team is the city's pride and joy. However, there is more to Tuscaloosa than football, even if it's hard to tell every fall. This is a prosperous city of approximately 93,000 people. Tuscaloosa has a quaint downtown area with some buildings built in the late 1800s, and plenty of restaurants and pubs. Most of the retail and commercial businesses are found along McFarland Boulevard, which runs the length of the city. A couple of years ago the city built the outdoor Tuscaloosa Amphitheater which attracts big name acts. There is the award-winning Children's Hands-On Museum and the Paul W. Bryant Museum located on the campus. Recently, a number of large apartment complexes were developed to accommodate the growing campus population, making it easy to find rental properties.

Tuscaloosa, AL is a great place for affordable rent-to-own homes! With a median household income of over $44,507 and a median rent of $858, the Tuscaloosa, 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 Tuscaloosa, 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 Tuscaloosa, AL rent to own homes for sale, which may include auction properties, for sale by owner, and more.

Showing 1 - 44 of 300
1 of 9 907 7th St
2 Beds, 1 Bath
Rent To Own
 
Single Family Home
Midfield, AL 35228
1,044 Sqft | Built in 1925
1825 47th St
3 Beds, 1 Bath
Rent To Own
Central Park
Single Family Home
Birmingham, AL 35208
1,128 Sqft | Built in 1925
900 Delcris Dr
5 Beds, 3 Baths
Rent To Own
 
Single Family Home
Birmingham, AL 35226
1,679 Sqft | Built in 1959
220 Pine Ave
4 Beds, 1 Bath
Rent To Own
 
Single Family Home
Adamsville, AL 35005
1,200 Sqft | Built in 1960
(Undisclosed Address)
3 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
Birmingham, AL 35226
1,960 Sqft
1426 Paul William Bryant Drive
2 Beds, 2 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
Tuscaloosa, AL 35401
Built in 2013
Hot
1 of 8 19 Oakchase
4 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
Tuscaloosa, AL 35406
2,922 Sqft | Built in 1997
Hot
1 of 29 5483 Park Ave
4 Beds, 3 Baths
Rent To Own
 
Single Family Home
Tuscaloosa, AL 35406
2,592 Sqft | Built in 2012
Rent to own homes offer low monthly payments and flexible terms
Hot
1 of 26 11330 Spruce Ave
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Northport, AL 35475
2,268 Sqft | Built in 2008
1 of 26 4141 Evangeline Way
4 Beds, 3 Baths
Rent To Own
 
Single Family Home
Tuscaloosa, AL 35406
2,323 Sqft | Built in 2011
Hot
1 of 29 12728 Mill Creek Dr
3 Beds, 1 Bath
Rent To Own
 
Single Family Home
Northport, AL 35473
1,700 Sqft | Built in 2007
1 of 32 1030 Arundell St
4 Beds, 3 Baths
Rent To Own
 
Single Family Home
Tuscaloosa, AL 35406
3,060 Sqft | Built in 2017
New
2743 Lily Cir #41
4 Beds, 3 Baths
Rent To Own
 
Single Family Home
Northport, AL 35473
2,339 Sqft | Built in 2019
1 of 20 7908 Lake Sherwood Cir
3 Beds, 1 Bath
Rent To Own
 
Single Family Home
Northport, AL 35473
2,076 Sqft | Built in 1998
1 of 38 413 Reston Dr
3 Beds, 1 Bath
Rent To Own
 
Single Family Home
Tuscaloosa, AL 35406
1,609 Sqft | Built in 1981
1 of 40 4394 Acadian Way
3 Beds, 1 Bath
Rent To Own
 
Single Family Home
Tuscaloosa, AL 35406
1,962 Sqft | Built in 2016
Hot
1213 Greystone Dr
4 Beds, 1.5 Bath
Rent To Own
 
Single Family Home
Tuscaloosa, AL 35406
2,828 Sqft | Built in 1993
1 of 21 12548 Cottage Lane
3 Beds, 2 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
Northport, AL 36475
1,874 Sqft | Built in 2010
1 of 10 907 15th Avenue, #10
1 Bed, 1 Bath
Rent To Own
 
Multifamily (2 - 4 Units)
Tuscaloosa, AL 35401
462 Sqft | Built in 2015
1 of 10 15589 Kevin Cove
4 Beds, 3 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
Northport, AL 35475
2,842 Sqft | Built in 2007
1 of 11 #16 - 41st Street East
3 Beds, 1 Bath
Rent To Own
 
Multifamily (2 - 4 Units)
Tuscaloosa, AL 35405
1,234 Sqft | Built in 1956
1 of 21 4682 Copper Crest Ln
4 Beds, 1 Bath
Rent To Own
 
Single Family Home
Northport, AL 35473
2,269 Sqft | Built in 2015
7231 Rosser Ests
4 Beds, 3 Baths
Rent To Own
 
Single Family Home
Duncanville, AL 35456
1 of 27 1691 Arborway Cir
4 Beds, 1.5 Bath
Rent To Own
 
Single Family Home
Tuscaloosa, AL 35405
2,518 Sqft | Built in 1997
00 Mark Drive
1 Bed, 1 Bath
Rent To Own
 
Single Family Home
Mc Calla, AL 35111
1 Sqft
Hot
1 of 21 17875 Highway 82
2 Beds, 1 Bath
Rent To Own
 
Single Family Home
Elrod, AL 35458
1,450 Sqft | Built in 1968
00 Michelle Drive
1 Bed, 1 Bath
Rent To Own
 
Single Family Home
Mc Calla, AL 35111
1 Sqft
1 of 12 5781 Mudcreek Rd
3 Beds, 1 Bath
Rent To Own
 
Multifamily (2 - 4 Units)
Adger, AL 35006
1,104 Sqft | Built in 1926
1 of 37 22886 Country Ridge Pkwy
3 Beds, 1 Bath
Rent To Own
 
Single Family Home
Mc Calla, AL 35111
2,007 Sqft | Built in 2006
1 of 4 7821 Kimbrell Cutoff Rd
3 Beds, 1 Bath
Rent To Own
 
Single Family Home
Mc Calla, AL 35111
2,808 Sqft | Built in 1945
1 of 3 00 Lee Street
1 Bed, 1 Bath
Rent To Own
 
Single Family Home
Mc Calla, AL 35111
1 Sqft
New
1 of 5 123 Johnson Dr
3 Beds, 1.5 Bath
Rent To Own
 
Single Family Home
Hueytown, AL 35023
1,080 Sqft | Built in 1974
Hot
557 6th Ct
2 Beds, 1 Bath
Rent To Own
 
Single Family Home
Pleasant Grove, AL 35127
1,160 Sqft | Built in 1950
1 of 4 1918 Arlington Ave
5 Beds, 2 Baths
Rent To Own
 
Single Family Home
Bessemer, AL 35020
2,043 Sqft | Built in 1930
New
1800 43rd St
4 Beds, 3 Baths
Rent To Own
Belview Heights
Single Family Home
Birmingham, AL 35208
2,774 Sqft | Built in 1926
1 of 6 1317 Pineview Rd
3 Beds, 1 Bath
Rent To Own
Green Acres
Single Family Home
Birmingham, AL 35228
1,115 Sqft | Built in 1950
1 of 17 4356 Abbotts Way
3 Beds, 1 Bath
Rent To Own
 
Single Family Home
Hoover, AL 35226
1,592 Sqft | Built in 2013
1109 Oakley Dr
3 Beds, 2 Baths
Rent To Own
Sandusky
Single Family Home
Birmingham, AL 35214
1,754 Sqft | Built in 1965
Hot
1739 27th Street Ensley
4 Beds, 2 Baths
Rent To Own
Ensley Highlands
Single Family Home
Birmingham, AL 35218
2,320 Sqft | Built in 1930
2301 Avenue Y
3 Beds, 1 Bath
Rent To Own
 
Single Family Home
Birmingham, AL 35208
1,320 Sqft | Built in 1930
1 of 25 110 Pine Cliff Cir
4 Beds, 3 Baths
Rent To Own
 
Single Family Home
Hoover, AL 35226
2,024 Sqft | Built in 1983
New
1 of 29 7601 Robbins Pl
3 Beds, 1 Bath
Rent To Own
 
Single Family Home
Dora, AL 35062
1,008 Sqft | Built in 1977
Hot
1828 Maple Ave SW
3 Beds, 2 Baths
Rent To Own
Powderly
Single Family Home
Birmingham, AL 35211
1,134 Sqft | Built in 1950
1 of 32 347 Kingston Cir
3 Beds, 2 Baths
Rent To Own
Sand Ridge
Single Family Home
Birmingham, AL 35211
1,798 Sqft | Built in 2008
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Buying a Home in Tuscaloosa, AL

Tuscaloosa, AL is seeing rapid growth and Tuscaloosa, AL's' housing market remains optimal with an average home price that is -13% below the 2022 national average. Tuscaloosa, AL is part of Tuscaloosa 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 Tuscaloosa is 0.32% which is below the national average, which is 0.99%.

Median Home Price in Tuscaloosa, AL

Median Rent in Tuscaloosa, AL

Rent to own homes offer low monthly payments and flexible terms

Top Reasons to Live in Tuscaloosa AL

Housing Statistics As would be expected in a city hosting a large university, over half (52 percent) of the properties are renter occupied, making it easy to find rent to own houses. There is also a high vacancy rate of over 22 percent for the same reason. However, the owner occupied residences are stable, and there is a large selection in every price range. 48 percent of the homes are owner occupied. That is due to the fact that Tuscaloosa is a mix of old and new developments. The median home value is approximately $150,000-$160,000, and the median price for a monthly rental is $525. Newer apartments will cost more to rent, of course. There are usually 500-600 properties for sale at any time and approximately 3,000 houses and condominiums are sold each year. The median sales price is $129,000. The annual turnover for homes is approximately 25 percent, but the fact it is higher than the national average is due to it being a university town.

Employment Opportunities According to the Tuscaloosa Chamber of Commerce, the largest employer in Tuscaloosa is the University of Alabama with over 8,000 employees. The higher education industry also includes Stillman College and Shelton State Community College. The next largest employer is DCH Regional Medical Center, which is centrally located close to the city center and the University of Alabama. The medical center employs approximately 3,500 people. Another major health employer is the Veterans Administration Hospital, which employs 1,126 people. Other major employers include the BF Goodrich Tire Manufacturing plant with 1,400 people, the City Board of Education with 1,354 people, and the City of Tuscaloosa with 950 people. These numbers fluctuate, but this gives you a good idea of the size of the major employers.

Arts and Culture All through the year there are artistic and cultural events. The historic Bama Theater, opened in 1938, hosts old film series, concerts and music performances. Nearby, the Tuscaloosa Arts Council is restoring another historic building and developing the Dinah Washington Cultural Arts Center. Theatre Tuscaloosa, now working in cooperation with Shelton State Community College, has been offering performances for over 40 years. The Tuscaloosa Amphitheater holds attracts big-name celebrities like Rascal Flatts, Willie Nelson, the Backstreet Boys and Widespread Panic.

Neighborhoods Tuscaloosa is a city where most neighborhoods can be considered close by. Even the most northern and southern sections require only a 15 to 30 minute commute to downtown Tuscaloosa or the University of Alabama. The following are some of the main areas where year-round residents and students live:

Tuscaloosa, AL Frequently Asked Questions

Tuscaloosa, AL has a walk score of

Tuscaloosa, 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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