Rent to own Homes in Albany, GA

As the eighth largest city in Georgia, Albany punches well above its weight when it comes to things to see and do, thanks to its rich history and the fascinating, talented people who have called it home. Albany's best known son is probably Ray Charles (honored at the Ray Charles Plaza), but the city has also produced sporting heroes such as Olympic high jump champion Alice Coachman, the first black woman to win an Olympic gold medal. Then there's Radium Springs, one of the 'Seven Natural Wonders of Georgia', so called because of the trace amounts of radium that flows through the water. Yep, there's definitely something in the water around Albany, Georgia!

Albany, GA is a great place for affordable rent-to-own homes! With a median household income of over $38,826 and a median rent of $766, the Albany, GA 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 Albany, GA. 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 Albany, GA rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 440
403 DREXEL ST
Rent To Own
 
Single Family Home
Albany, GA 31707
4
2
1543 ft2
1963
1217 RIVER POINTE DR
Rent To Own
River Pointe Plantation
Single Family Home
Albany, GA 31701
5
4
3386 ft2
2007
186 HURT DR
Rent To Own
 
Single Family Home
Cordele, GA 31015
3
6
4633 ft2
1985
New
2808 CAPERS LN
Rent to Own Eligible
Westwood
Single Family Home
Albany, GA 31721
3
2
1594 ft2
1974
2710 DOVER LN
Rent to Own Eligible
 
Single Family Home
Albany, GA 31721
5
4
3012 ft2
1986
1 of 214 612 N INGLESIDE DR
Rent to Own Eligible
Merry Acres
Single Family Home
Albany, GA 31707
4
3
2698 ft2
1956
1 of 13 2001 COVEY RD
Rent to Own Eligible
 
Single Family Home
Albany, GA 31721
4
4
2861 ft2
1973
2318 MEADOW BROOK LN
Rent to Own Eligible
Westgate
Single Family Home
Albany, GA 31707
3
3
2004 ft2
1970
2009 ACKER DR
Rent to Own Eligible
 
Single Family Home
Albany, GA 31707
3
2
1540 ft2
1967
2814 CAPERS LN
Rent to Own Eligible
Westwood
Single Family Home
Albany, GA 31721
3
2
1484 ft2
1975
3621 MAYFAIR LN
Rent to Own Eligible
St. Andrews
Townhouse/Condo
Albany, GA 31721
6
4
2494 ft2
1998
2501 W ALBERSON DR
Rent to Own Eligible
Doublegate
Single Family Home
Albany, GA 31721
3
3
1980 ft2
1980
2514 E ALBERSON DR
Rent to Own Eligible
St. Andrews
Single Family Home
Albany, GA 31721
4
3
2252 ft2
1978
519 SUMMIT DR
Rent to Own Eligible
Lake Park
Single Family Home
Albany, GA 31707
4
3
2202 ft2
1968
1703 STUART AVE
Rent to Own Eligible
 
Single Family Home
Albany, GA 31707
3
2
1874 ft2
1954
2010 MCINTOSH RD
Rent to Own Eligible
Rawson Park
Single Family Home
Albany, GA 31701
3
2
1782 ft2
1953
New
2104 SHARON DR
Rent to Own Eligible
 
Single Family Home
Albany, GA 31707
3
2
1774 ft2
1969
New
1115 9TH AVE
Rent to Own Eligible
 
Townhouse/Condo
Albany, GA 31707
4
4
2419 ft2
1949
New
1155 GILLIONVILLE RD
Rent to Own Eligible
 
Townhouse/Condo
Albany, GA 31707
4
2
1792 ft2
1963
New
1734 MARBURY LN
Rent to Own Eligible
Merry Acres
Single Family Home
Albany, GA 31707
3
2
1806 ft2
1970
New
606 SUMMIT DR
Rent to Own Eligible
Lake Park
Single Family Home
Albany, GA 31707
3
2
2135 ft2
1967
New
1616 PEARL AVE
Rent to Own Eligible
 
Single Family Home
Albany, GA 31707
3
2
1685 ft2
1958
New
527 DIVINE DR
Rent to Own Eligible
 
Single Family Home
Albany, GA 31721
4
2
1784 ft2
2005
New
2608 NORTHGATE RD
Rent to Own Eligible
 
Single Family Home
Albany, GA 31721
3
2
1898 ft2
2016
New
528 IVEYS SCENIC DR
Rent to Own Eligible
 
Single Family Home
Albany, GA 31721
3
2
1878 ft2
1980
2616 DEVON DR
Rent to Own Eligible
 
Single Family Home
Albany, GA 31721
3
2
1752 ft2
1979
New
2606 BRITTANY RD
Rent to Own Eligible
 
Single Family Home
Albany, GA 31721
3
2
1881 ft2
1976
115 DANBURY LN
Rent to Own Eligible
 
Single Family Home
Albany, GA 31721
3
2
1672 ft2
1978
2316 E DOUBLEGATE DR
Rent to Own Eligible
Doublegate
Single Family Home
Albany, GA 31721
3
3
2649 ft2
1971
1 of 45 2305 E DOUBLEGATE DR
Rent to Own Eligible
Doublegate
Single Family Home
Albany, GA 31721
4
3
2856 ft2
1977
Hot New
502 NAVAJO CT
Rent to Own Eligible
 
Single Family Home
Albany, GA 31721
3
2
1635 ft2
1991
1 of 22 1302 BAKER AVE
Rent to Own Eligible
Eudgemar
Single Family Home
Albany, GA 31707
3
1
1192 ft2
1950
3018 EMBER CT
Rent to Own Eligible
Westwood
Single Family Home
Albany, GA 31721
3
2
2474 ft2
1998
198 LOVERS LANE RD
Rent to Own Eligible
 
Single Family Home
Albany, GA 31701
1
1
1321 ft2
1967
2422 SCHLEY AVE
Rent to Own Eligible
 
Single Family Home
Albany, GA 31707
3
2
1350 ft2
1999
1 of 21 1804 VALLEY RD
Rent to Own Eligible
Green Acres
Single Family Home
Albany, GA 31707
3
2
1776 ft2
1971
1817 GREEN VALLEY LN
Rent to Own Eligible
Lake Park
Single Family Home
Albany, GA 31707
3
2
2017 ft2
1968
605 N JACKSON ST
Rent to Own Eligible
Old Northside
Townhouse/Condo
Albany, GA 31701
4
3
2249 ft2
1965
309 S CLEVELAND ST
Rent to Own Eligible
Highland Park
Townhouse/Condo
Albany, GA 31701
4
2
1608 ft2
1954
New
2209 12TH AVE
Rent to Own Eligible
Sherwood
Single Family Home
Albany, GA 31707
3
2
1225 ft2
1959
New
412 CEDAR AVE
Rent to Own Eligible
Ragsdale
Single Family Home
Albany, GA 31701
2
1
494 ft2
1963
New
420 POINCIANA AVE
Rent to Own Eligible
 
Single Family Home
Albany, GA 31705
3
3
2043 ft2
1965
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Buying a Home in Albany, GA

Albany, GA is seeing rapid growth and Albany, GA's' housing market remains optimal with an average home price that is -54% below the 2024 national average. Albany, GA is part of Dougherty 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 Dougherty is 1.11% which is above the national average, which is 0.99%.

Median Home Price in Albany, GA

Median Rent in Albany, GA

Rent to own homes offer low monthly payments and flexible terms.

Top Reasons to Live in Albany GA

Housing Statistics This is a good time as any to invest in Albany real estate as the median sales price of homes in the city has fallen slightly over the last year to $96,544 (May-July 2013). The number of sales also went down, by 32.3%, to 130, which could give you leverage when negotiating with home owners. Albany is also a good place to look for rent to own houses as 39% of homes are already renter occupied and 9% vacant, while there is a reasonable 16% residential turnover rate.

Weather and Climate Like the rest of the state, Albany has warm, humid summers and mild to cool winters. Its southerly position means that snow isn't a word your typical Albany resident is familiar with (unless it comes in a cone and is doused in delicious, gooey strawberry syrup!). The city does enjoy its fair share of rainfall - around 53.4 inches a year with January and June being the wettest months. While a tornado damaged the city in 2003, extreme weather is generally more of a risk closer to the coastline.

Largest Employers and Industries Despite the abundance of plantations and farms that surround Albany, very few people in the city work in agriculture. Instead, the major industries are healthcare, defence and education with the City of Albany, Dougherty County and Marine Corps Logistics Base providing employment to a great deal of its residents. Manufacturing and retail are also important to the local economy with private companies such as the Miller Brewing Company and Procter & Gamble employing plenty of people in the area.

Tourist Attractions Albany played an important part in the civil rights movement, which is evident from its many historical landmarks and monuments. You can find the Albany Civil Rights Movement Memorial at the corner of Jackson and Whitney, while a trek up to the Albany Civil Rights Institute is a must for any civil rights history buff. Veterans are honored at the iconic Veterans Park, Vietnam War Memorial and Freedom Flame. If you're after something a bit more lighthearted, you'll love taking a stroll through the Flint Riverquarium, which is home to over 100 species of water-loving animals such as snapping turtles, Atlantic sturgeons, and night-herons.

Nightlife A lot of dance clubs closed down in the last few years because of the economy but there are still ways to keep yourself entertained once night falls. You can enjoy cocktails during a live jazz show at the Eclipse Club on W Broad Ave in Downtown Albany, or head over to Harvest Moon and The Cask and Kilt on Dawson Road for a more casual night in town with the locals.