Rent to own Homes in Austin, TX

Austin is the state capital of Texas, but it's a lot more than just the home of Texas politics. The city has long been a bastion for free spirits willing to push artistic boundaries. From famous venues like Austin City Limits to corner bars known only to locals, Austin's 250 live venues show why it's earned the moniker of The Live Music Capital of the World. If anything in Austin rivals music in drawing power, it's Longhorns football at the University of Texas. Austin is a dynamic city that presents residents with lots of opportunities.

Austin, TX is a great place for affordable rent-to-own homes! With a median household income of over $75,752 and a median rent of $1,346, the Austin, TX 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 Austin, TX. 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 Austin, TX rent to own homes for sale, which may include auction properties, for sale by owner, and more.

Showing 1 - 44 of 300
5900 DOWN VALLEY CT
4 Beds, 5 Baths
Rent To Own
Bull Creek
Single Family Home
Austin, TX 78731
4,224 Sqft | Built in 1991
6526 CARISBROOKE LN
3 Beds, 2 Baths
Rent To Own
Northeast Austin
Single Family Home
Austin, TX 78754
1,590 Sqft | Built in 1990
8808 Whitter Dr #B
3 Beds, 2.5 Baths
Rent To Own
Bluff Springs
Single Family Home
Austin, TX 78747
1,844 Sqft
507 SABINE ST #1003
1 Bed, 1 Bath
Rent To Own
Downtown
Townhouse/Condo
Austin, TX 78701
693 Sqft | Built in 2007
1500 Nettie Dr
3 Beds, 3 Baths
Rent To Own
Block House Creek
Single Family Home
Leander, TX 78641
1,627 Sqft | Built in 2001
5083 CASSIA WAY
2 Beds, 2 Baths
Rent To Own
 
Single Family Home
Round Rock, TX 78665
1,630 Sqft | Built in 2018
Hot
1 of 32 105 ANGEL HILL RD
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Niederwald, TX 78640
1,512 Sqft | Built in 2020
Hot
242 MOSSYCUP DR
2 Beds, 2 Baths
Rent To Own
Blanco River District
Single Family Home
San Marcos, TX 78666
1,395 Sqft | Built in 2018
Rent to own homes offer low monthly payments and flexible terms.
1 of 29 205 BOOTH DR
4 Beds, 2 Baths
Rent To Own
 
Single Family Home
San Marcos, TX 78666
1,428 Sqft | Built in 1993
Hot
1 of 39 205 SHADY ELM
4 Beds, 4.5 Baths
Rent To Own
 
Single Family Home
Georgetown, TX 78633
4,000 Sqft | Built in 2004
3003 PURSLEY RD
3 Beds, 3 Baths
Rent To Own
 
Single Family Home
Dripping Springs, TX 78620
2,262 Sqft | Built in 1998
1 of 45 1330 CIELO RANCH RD
5 Beds, 5 Baths
Rent To Own
 
Single Family Home
San Marcos, TX 78666
5,371 Sqft | Built in 2013
1 of 46 1445 LONESOME
6 Beds, 5 Baths
Rent To Own
 
Single Family Home
Canyon Lake, TX 78133
3,037 Sqft | Built in 2009
1 of 21 931 Langesmill Branch
3 Beds, 2.5 Baths
Rent To Own
 
Townhouse/Condo
New Braunfels, TX 78130
1,718 Sqft | Built in 2017
1 of 20 927 Langesmill Branch
3 Beds, 2.5 Baths
Rent To Own
 
Townhouse/Condo
New Braunfels, TX 78130
1,718 Sqft | Built in 2017
1 of 21 939 Langesmill Branch
3 Beds, 2.5 Baths
Rent To Own
 
Townhouse/Condo
New Braunfels, TX 78130
1,718 Sqft | Built in 2017
1 of 22 754 Langesmill Drive
3 Beds, 2.5 Baths
Rent To Own
 
Townhouse/Condo
New Braunfels, TX 78130
1,718 Sqft | Built in 2018
1 of 21 758 Langesmill Drive
3 Beds, 2.5 Baths
Rent To Own
 
Townhouse/Condo
New Braunfels, TX 78130
1,718 Sqft | Built in 2018
Hot
1 of 4 746 MILESTONE PARK
3 Beds, 2.5 Baths
Rent To Own
 
Townhouse/Condo
New Braunfels, TX 78130
1,579 Sqft | Built in 2018
1 of 21 918 Crystal Brook Cove
3 Beds, 2.5 Baths
Rent To Own
 
Townhouse/Condo
New Braunfels, TX 78130
1,718 Sqft | Built in 2018
1 of 21 914 Crystal Brook Cove
3 Beds, 2.5 Baths
Rent To Own
 
Townhouse/Condo
New Braunfels, TX 78130
1,718 Sqft | Built in 2018
1 of 15 905 Crystal Brook Cove
3 Beds, 2.5 Baths
Rent To Own
 
Townhouse/Condo
New Braunfels, TX 78130
1,654 Sqft | Built in 2017
Hot
1 of 12 1300 NEWNING AVE
1 Bed, 1 Bath
Rent To Own
South River City
Multifamily (2 - 4 Units)
Austin, TX 78704
615 Sqft | Built in 1963
1 of 24 10705 CASITAS DR
3 Beds, 2 Baths
Rent To Own
Avery Ranch Lakeline
Single Family Home
Austin, TX 78717
1,948 Sqft | Built in 2006
1405 TEXAS OAK WAY
3 Beds, 2 Baths
Rent To Own
Cedar Park
Single Family Home
Cedar Park, TX 78613
1,344 Sqft | Built in 1986
15505 WHISTLING STRAITS DR
4 Beds, 3 Baths
Rent To Own
Avery Ranch Lakeline
Single Family Home
Austin, TX 78717
2,980 Sqft | Built in 2002
606 W LYNN ST #11
2 Beds, 3 Baths
Rent To Own
Old West Austin
Townhouse/Condo
Austin, TX 78703
1,146 Sqft | Built in 1979
3909-3909B Willbert Rd #B
5 Beds, 5 Baths
Rent To Own
Hancock
Single Family Home
Austin, TX 78751
2,650 Sqft | Built in 1940
3 GREEN LN
5 Beds, 5 Baths
Rent To Own
Windsor Road
Single Family Home
Austin, TX 78703
4,396 Sqft | Built in 1941
5008 DUVAL ST
4 Beds, 3 Baths
Rent To Own
North Loop
Single Family Home
Austin, TX 78751
1,600 Sqft | Built in 1940
1 of 16 2804 S 1ST ST #1102
1 Bed, 2 Baths
Rent To Own
Galindo
Townhouse/Condo
Austin, TX 78704
1,410 Sqft | Built in 2019
621 AMESBURY LN
3 Beds, 1 Bath
Rent To Own
Highland
Single Family Home
Austin, TX 78752
962 Sqft | Built in 1963
1000 W26th Street Apt 116
1 Bed, 1 Bath
Rent To Own
West University
Multifamily (2 - 4 Units)
Austin, TX 78705
380 Sqft | Built in 1973
1 of 35 1612A S. 3rd Street
4 Beds, 2.5 Baths
Rent To Own
Bouldin
Multifamily (2 - 4 Units)
Austin, TX 78704
2,000 Sqft | Built in 2008
1 of 16 1504 Oak Heights Drive Unit A
3 Beds, 3 Baths
Rent To Own
Riverside
Multifamily (2 - 4 Units)
Austin, TX 78741
2,358 Sqft | Built in 2006
5713 ABBY ANN LN
3 Beds, 3 Baths
Rent To Own
Southeast Austin
Single Family Home
Austin, TX 78747
1,820 Sqft | Built in 2007
Hot
1 of 33 1701 GATLINBURG DR
3 Beds, 2 Baths
Rent To Own
Pflugerville
Single Family Home
Pflugerville, TX 78660
1,261 Sqft | Built in 1983
Hot
1 of 21 1713 PASEO CORTO DR
5 Beds, 3 Baths
Rent To Own
Cedar Park
Single Family Home
Cedar Park, TX 78613
4,239 Sqft | Built in 2002
2210 YELLOW BIRD TRL
4 Beds, 3 Baths
Rent To Own
 
Single Family Home
Austin, TX 78734
2,160 Sqft | Built in 2008
15502 ENID DR
5 Beds, 5 Baths
Rent To Own
Hudson Bend
Single Family Home
Austin, TX 78734
3,734 Sqft | Built in 2003
1 of 13 7120 CIELO AZUL PASS
4 Beds, 5 Baths
Rent To Own
Mansfield River Place
Single Family Home
Austin, TX 78732
3,506 Sqft | Built in 1997
1409 E M Franklin Ave #A
3 Beds, 4 Baths
Rent To Own
MLK
Single Family Home
Austin, TX 78721
1,810 Sqft | Built in 2020
1409 E M Franklin Ave #B
2 Beds, 4 Baths
Rent To Own
MLK
Single Family Home
Austin, TX 78721
1,756 Sqft | Built in 2020
1 of 3 2810 ROLLINGWOOD DR
4 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
West Lake Hills, TX 78746
2,706 Sqft | Built in 2020
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Buying a Home in Austin, TX

Austin, TX is seeing rapid growth and Austin, TX's' housing market remains not optimal with an average home price that is 65% above the 2023 national average. Austin, TX is part of Travis 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 2023 for county Travis is 1.98% which is above the national average, which is 0.99%.

Median Home Price in Austin, TX

Median Rent in Austin, TX

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

Housing Statistics Housing Heating Up

Average Cost of Living in Austin, TX

The average cost of living in Austin, TX, is $4,806.13 for a family of four and $2,517.61 for a single person.

Average Cost of a Home in Austin, TX

In Austin, TX, the average cost is $575,000, which is above the national average of $295,300.

Austin Statistics

If you're interested in Austin rent-to-own homes, don't forget to consider important factors in addition to monthly living costs, such as average commute, taxes, crime rates, etc. The following are some common Austin statistics compared to the U.S. national average.

Austin AveragesNational Averages
One-Way Commute24.1 minutes27.1 minutes
Violent Crime4.0722.7
Property Crime38.2935.4
Unemployment Rate3.8%4.7%
Income Tax RateNo income tax4.6%
Air QualityAQI 40AQI 40
Water QualitySafeSafe
Median Household Income$71,576$79,900
Median Property Taxes$0.5335/$100$2,471
Utilities$154.59$171.67
Monthly Rent$1,619$1,098
Median Home Cost$575,000$295,300
Median Home Age31 years37 years

Festival and Event Hot Spot

There is an incredible variety of music that can be enjoyed every night of the week in Austin. Music festivals fill the calendar, with the most famous being South by Southwest. But it's not just music at SXSW. There are also film and interactive media components, as well. Blues on the Green and Unplugged at the Shady Grove are two big summer-long music festivals that are free to attend. Foodies can enjoy festivals centered around hot sauce, wine, and chocolate. The Austin Film Festival, Moonlight Margarita Run, Celtic Festival, and Ice Cream Festival are just some of the other great Austin events.

Thriving Arts and Culture Scene

While the arts scene in Austin might not be as established as in some cities, it is coming on fast. A bevvy of art studios offer up contemporary and traditional works. Art City Austin is an annual event celebrating multiple genres. It draws over 15,000 art lovers to downtown Austin each season. The Long Center for the Performing Arts brings stage productions to life. The North Door on East Fifth delves into less mainstream offerings. Nightclubs pump up the dance spirit and neighborhood pubs provide conversation over a good brew. Coffee shops with poetry readings and spoken-word events compete with country joints and sports bars. For people young and old looking for a town that satisfies their desires for a variety of cultural experiences, Austin is the best choice within hundreds of miles.

Austin Neighborhoods

When moving to Austin, it's a good idea to research the many neighborhoods and then decide which fits your lifestyle the best. In a city so diverse, there truly is something for everyone.

Austin, TX Frequently Asked Questions

Austin's violent crime rates are well below the national average, but property crimes in Austin are slightly above the national average.

Yes, Austin, TX, is part of the Central time zone.

Austin is well known for many things but is most famous for being the "live music capital of the world" due to the high volume of live music venues and performances in the city. In addition, Austin, TX is the home of the famous Franklin Barbecue which is considered to be some of the best barbecue in the United States and has won numerous awards and competitions.

Austin, TX has a walk score of

Austin, TX has a bike score of

The state tax rate is 0% on top of the federal tax rate of 10 to 37%.

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