Rent to own Homes in Albany, OR

Fantastic vacancy rate! A 16.54% means you won't have to fight over your dream home. North Albany, a great place to look for rent to own houses, is a comfy neighborhood that appeals to residents who want to live on the outskirts of town. Central Albany overlooks the Willamette River and is close to businesses.

Albany, OR is a great place for affordable rent-to-own homes! With a median household income of over $62,172 and a median rent of $1,047, the Albany, OR 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, OR. 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, OR rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
717 SW OAKDALE AVE
Rent To Own
 
Single Family Home
Dallas, OR 97338
3
2
1428 ft2
1967
1 of 30 2960 NW PULVER PL
Rent to Own Eligible
North Albany
Single Family Home
Albany, OR 97321
3
2
1104 ft2
1968
2546 IMPERIAL DR NW
Rent to Own Eligible
North Albany
Single Family Home
Albany, OR 97321
3
2
1392 ft2
2020
New
674 32ND AVE SE #34
Rent to Own Eligible
Oak
Townhouse/Condo
Albany, OR 97322
2
2
1196 ft2
1979
1 of 39 2780 NW ORCHARD HEIGHTS AVE
Rent to Own Eligible
North Albany
Single Family Home
Albany, OR 97321
4
3
2890 ft2
1998
3060 MOUNT VERNON ST SE
Rent to Own Eligible
Periwinkle
Single Family Home
Albany, OR 97322
3
3
1732 ft2
2001
1974 MARION ST SE
Rent to Own Eligible
Sunrise
Single Family Home
Albany, OR 97322
2
2
1052 ft2
1977
New
6281 NE BARKER ST
Rent to Own Eligible
Central Albany
Single Family Home
Albany, OR 97321
3
3
2077 ft2
2018
504 CHICAGO ST SE
Rent to Own Eligible
Willamette
Single Family Home
Albany, OR 97321
3
3
1620 ft2
1930
1 of 72 3275 22ND AVE SE
Rent to Own Eligible
Periwinkle
Single Family Home
Albany, OR 97322
3
3
1266 ft2
2003
1 of 32 2155 LAURA VISTA DR NW
Rent to Own Eligible
North Albany
Single Family Home
Albany, OR 97321
2
1
906 ft2
2010
2664 LAURA VISTA DR NW
Rent to Own Eligible
North Albany
Single Family Home
Albany, OR 97321
4
3
2354 ft2
2015
New
2519 WAVERLY DR SE
Rent to Own Eligible
Periwinkle
Single Family Home
Albany, OR 97322
3
1
1104 ft2
1965
1 of 58 1177 NW JORDAN DR
Rent to Own Eligible
North Albany
Single Family Home
Albany, OR 97321
3
2
2311 ft2
2007
2450 MOUNT VERNON ST SE
Rent to Own Eligible
Periwinkle
Single Family Home
Albany, OR 97322
3
2
1255 ft2
2001
2118 BOBCAT AVE SW
Rent to Own Eligible
South Albany
Single Family Home
Albany, OR 97321
5
3
2772 ft2
2004
730 WASHINGTON ST SW
Rent to Own Eligible
Central Albany
Single Family Home
Albany, OR 97321
5
4
4642 ft2
1906
New
1847 NW LAURA VISTA DR
Rent to Own Eligible
North Albany
Single Family Home
Albany, OR 97321
4
3
2071 ft2
2004
1989 BLACK BEAR AVE SW
Rent to Own Eligible
South Albany
Single Family Home
Albany, OR 97321
3
2
1644 ft2
2002
4112 SOMERSET DR NE
Rent to Own Eligible
East Albany
Single Family Home
Albany, OR 97322
3
2
1631 ft2
2005
1 of 65 1423 FRONT AVE NE
Rent to Own Eligible
Willamette
Single Family Home
Albany, OR 97321
2
1
1011 ft2
1942
1 of 77 2464 53RD AVE SW
Rent to Own Eligible
South Albany
Single Family Home
Albany, OR 97321
3
2
1300 ft2
1977
1 of 2 34560 HIGHWAY 99E
Rent to Own Eligible
South Albany
Single Family Home
Tangent, OR 97389
3
1
1216 ft2
1940
New
4118 GUSTY AVE NE
Rent to Own Eligible
East Albany
Single Family Home
Albany, OR 97322
3
3
1520 ft2
2005
New
1 of 19 834 NW RIVERBOW AVE
Rent to Own Eligible
North Albany
Single Family Home
Albany, OR 97321
3
2
1120 ft2
2002
2385 IMPERIAL DR NW
Rent to Own Eligible
North Albany
Single Family Home
Albany, OR 97321
5
4
2494 ft2
2020
2010 NW SARAH AVE
Rent to Own Eligible
North Albany
Single Family Home
Albany, OR 97321
3
3
2921 ft2
1996
1 of 84 1904 NW BROADWAY ST
Rent to Own Eligible
North Albany
Single Family Home
Albany, OR 97321
2
1
1266 ft2
1961
1 of 240 1980 NW SARAH AVE
Rent to Own Eligible
North Albany
Single Family Home
Albany, OR 97321
4
3
2326 ft2
1996
1 of 127 2009 NW 20TH LOOP
Rent to Own Eligible
North Albany
Single Family Home
Albany, OR 97321
3
2
1850 ft2
1977
1 of 88 1820 KENWORTHY RD NE
Rent to Own Eligible
 
Single Family Home
Albany, OR 97322
3
1
1270 ft2
1945
New
2204 8TH AVE SE
Rent to Own Eligible
Santiam
Single Family Home
Albany, OR 97322
3
2
1877 ft2
1946
905 FULTON ST SE
Rent to Own Eligible
Santiam
Single Family Home
Albany, OR 97322
2
1
1913 ft2
1949
3323 Jackson St SE
Rent to Own Eligible
Oak
Townhouse/Condo
Albany, OR 97322
2
1
1080 ft2
1972
New
306 34TH AVE SE
Rent to Own Eligible
Oak
Townhouse/Condo
Albany, OR 97322
6
3
2556 ft2
1994
1205 CRESCENT DR SW
Rent to Own Eligible
West Albany
Single Family Home
Albany, OR 97321
3
2
1390 ft2
1960
1 of 126 425 11TH AVE SW
Rent to Own Eligible
Central Albany
Single Family Home
Albany, OR 97321
3
2
2560 ft2
1938
2820 NW 12TH AVE
Rent to Own Eligible
North Albany
Single Family Home
Albany, OR 97321
3
3
1413 ft2
1960
New
1 of 21 4062 THOROUGHBRED AVE SE
Rent to Own Eligible
East Albany
Single Family Home
Albany, OR 97322
3
3
1657 ft2
2005
2115 QUEEN AVE SE
Rent to Own Eligible
Santiam
Single Family Home
Albany, OR 97322
3
2
1268 ft2
2004
1 of 85 31777 ALLEN LN
Rent to Own Eligible
South Albany
Single Family Home
Tangent, OR 97389
3
3
2756 ft2
1927
1 of 230 3280 COUNTRYMAN CIR NW
Rent to Own Eligible
 
Single Family Home
Albany, OR 97321
4
3
3400 ft2
1979
4200 NW PALESTINE AVE
Rent to Own Eligible
 
Single Family Home
Albany, OR 97321
4
3
2656 ft2
1991
New
3645 NW OAK GROVE DR
Rent to Own Eligible
 
Single Family Home
Albany, OR 97321
3
3
2688 ft2
1998
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Buying a Home in Albany, OR

Albany, OR is seeing rapid growth and Albany, OR's' housing market remains not optimal with an average home price that is 12% above the 2024 national average. Albany, OR is part of Benton 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 Benton is 1.01% which is above the national average, which is 0.99%.

Median Home Price in Albany, OR

Median Rent in Albany, OR

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

Top 11 Reasons to Live in Albany

A great time to look for rent to own homes! The median sales price for Albany homes has gone down by 8.3% from last year, and 14.5% since last quarter. And one of the advantages of living in an Albany community like Willamette or Sunrise is its proximity to downtown shops and the north-south transportation corridor, I-5.

Lots of property choices for good prices! The average price per square foot has dropped 2.8% from the same time last year. East Albany features older, rural homes, while listings in the Oak neighborhood are closer to amenities. Both are within easy reach of highways.

Many subdivisions and home styles to choose from! There are more than a dozen Albany areas in which to find rent to own properties. Approximately 40% of property in the city are renter occupied. That's more than the state of Oregon, which averages is 33%. Two popular sections of town are Jackson Hill and Santiam, near downtown.

Enjoy a scenic drive to the Coast! It's only an hour's drive to the coastal city of Newport and must-see places like the Oregon Coast Aquarium. Living in Albany affords lots of time to see the year-round sights!

Head to the Park! Dave Clark Trail and the Takena Landing Trail, both on Willamette River, and Timber Linn Park offer miles of enjoyment and lots of places to picnic.

Go apple and blueberry picking! U-pick orchards, like Albany's Seven Oaks Native Nursery and Springbank Farm in nearby Lebanon feature no-spray fruit. Go during the summer for the best choices, but ask about other picking seasons, too.

Explore the art and history of Linn County! Oregon is a Mecca for art lovers. The Gallery Calapooia and the city's Regional Museum are great places to learn about the area's artisans and founders. The Visitor's Center also has a list of art galleries throughout the Albany-Portland area.

Go biking! Albany is home to the Criterium Bike Race, which takes place in mid-August. Areas like Periwinkle Creek Trail is just one of many scenic places to peddle. Cycling is also a great way to see the Willamette wine district.

Take in a year of festivals! The River Rhythms Summer Concert Series and the ATI NW Art and Air Festival, with its colorful air balloons, are must-see events. Portland, and many stops along I-5 host a variety of music, wine and art festivals throughout the year.

Hit a round or two of golf! The Albany Golf Club and the Marysville Golf Course near Corvallis are just two of the places to practice your swing.