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 440
1 of 43 932 E 53RD ST
Rent To Own
North Loop
Single Family Home
Austin, TX 78751
4
3
1831 ft2
1925
5900 DOWN VALLEY CT
Rent To Own
Northwest Austin
Single Family Home
Austin, TX 78731
4
5
4224 ft2
1991
6526 CARISBROOKE LN
Rent To Own
Northeast Austin
Single Family Home
Austin, TX 78754
3
2
1590 ft2
1990
8808 Whitter Dr #B
Rent To Own
Southeast Austin
Single Family Home
Austin, TX 78747
3
3
1844 ft2
507 SABINE ST #1003
Rent To Own
Downtown
Townhouse/Condo
Austin, TX 78701
1
1
693 ft2
2007
1500 Nettie Dr
Rent To Own
Block House Creek
Single Family Home
Leander, TX 78641
3
3
1627 ft2
2001
5083 CASSIA WAY
Rent To Own
 
Single Family Home
Round Rock, TX 78665
2
2
1630 ft2
2018
Hot
1 of 32 105 ANGEL HILL RD
Rent To Own
 
Single Family Home
Niederwald, TX 78640
3
2
1512 ft2
2020
Hot
1 of 29 205 BOOTH DR
Rent To Own
 
Single Family Home
San Marcos, TX 78666
4
2
1428 ft2
1950
Hot
1 of 45 1330 CIELO RANCH RD
Rent To Own
 
Single Family Home
San Marcos, TX 78666
5
5
5371 ft2
2013
1 of 21 931 Langesmill Branch
Rent To Own
 
Townhouse/Condo
New Braunfels, TX 78130
3
3
1718 ft2
2017
1 of 20 927 Langesmill Branch
Rent To Own
 
Townhouse/Condo
New Braunfels, TX 78130
3
3
1718 ft2
2017
1 of 21 939 Langesmill Branch
Rent To Own
 
Townhouse/Condo
New Braunfels, TX 78130
3
3
1718 ft2
2017
1 of 22 754 Langesmill Drive
Rent To Own
 
Townhouse/Condo
New Braunfels, TX 78130
3
3
1718 ft2
2018
1 of 21 758 Langesmill Drive
Rent To Own
 
Townhouse/Condo
New Braunfels, TX 78130
3
3
1718 ft2
2018
1 of 4 746 MILESTONE PARK
Rent To Own
 
Townhouse/Condo
New Braunfels, TX 78130
3
3
1579 ft2
2018
1 of 21 918 CRYSTAL BROOK CV
Rent To Own
 
Townhouse/Condo
New Braunfels, TX 78130
3
3
1718 ft2
2018
Hot
1 of 21 914 CRYSTAL BROOK CV
Rent To Own
 
Townhouse/Condo
New Braunfels, TX 78130
3
3
1718 ft2
2018
Hot
1 of 15 905 CRYSTAL BROOK CV
Rent To Own
 
Townhouse/Condo
New Braunfels, TX 78130
3
3
1654 ft2
2017
2931 E 12TH ST #200
Rent to Own Eligible
Rosewood
Townhouse/Condo
Austin, TX 78702
1
1
646 ft2
2008
New
4711 SPICEWOOD SPRINGS RD #7-138
Rent to Own Eligible
Northwest Austin
Townhouse/Condo
Austin, TX 78759
1
1
875 ft2
1985
9100 MOUNTAIN RIDGE DR #210
Rent to Own Eligible
Northwest Austin
Townhouse/Condo
Austin, TX 78759
1
1
676 ft2
1982
9100 MOUNTAIN RIDGE DR #106
Rent to Own Eligible
Northwest Austin
Townhouse/Condo
Austin, TX 78759
1
1
676 ft2
1982
6910 HART LN #909
Rent to Own Eligible
Northwest Austin
Townhouse/Condo
Austin, TX 78731
2
2
967 ft2
1973
9201 BRODIE LN #3402
Rent to Own Eligible
Cherry Creek
Townhouse/Condo
Austin, TX 78748
2
3
1391 ft2
2008
6705 COVERED BRIDGE DR #20
Rent to Own Eligible
West Oak Hill
Townhouse/Condo
Austin, TX 78736
3
3
1966 ft2
2006
3101 DAVIS LN #8101
Rent to Own Eligible
Cherry Creek
Townhouse/Condo
Austin, TX 78748
2
2
1352 ft2
2011
6008 EDEN DR
Rent to Own Eligible
Southeast Austin
Single Family Home
Austin, TX 78747
4
3
1983 ft2
2020
4361 S CONGRESS AVE #408
Rent to Own Eligible
East Congress
Townhouse/Condo
Austin, TX 78745
2
2
1305 ft2
2016
604 N BLUFF DR #208
Rent to Own Eligible
Sweetbriar
Townhouse/Condo
Austin, TX 78745
1
2
941 ft2
2014
2520 QUARRY RD #201
Rent to Own Eligible
West Austin
Townhouse/Condo
Austin, TX 78703
2
2
845 ft2
1983
Hot
1900 BARTON SPRINGS RD #1042
Rent to Own Eligible
 
Townhouse/Condo
Austin, TX 78704
1
1
887 ft2
2013
4704 SUNSET TRL #3102
Rent to Own Eligible
Westgate
Townhouse/Condo
Austin, TX 78745
1
1
760 ft2
2018
5924 S CONGRESS AVE #85
Rent to Own Eligible
Sweetbriar
Townhouse/Condo
Austin, TX 78745
1
2
760 ft2
2018
900 S Lamar Blvd
Rent to Own Eligible
Zilker
Townhouse/Condo
Austin, TX 78704
1
1
676 ft2
1980
10913 CROWN COLONY DR
Rent to Own Eligible
Onion Creek
Townhouse/Condo
Austin, TX 78747
2
2
1513 ft2
1981
3809 MENCHACA RD #B
Rent to Own Eligible
 
Townhouse/Condo
Austin, TX 78704
2
2
1008 ft2
1972
5801 KENNEDY ST
Rent to Own Eligible
Southeast Austin
Single Family Home
Austin, TX 78747
3
2
1645 ft2
2018
101 Clearday Dr
Rent to Own Eligible
Dittmar Slaughter
Townhouse/Condo
Austin, TX 78745
2
2
958 ft2
1981
10321 BANKHEAD DR
Rent to Own Eligible
Southeast Austin
Single Family Home
Austin, TX 78747
3
2
1652 ft2
2019
10809 DEER CHASE TRL
Rent to Own Eligible
Southeast Austin
Single Family Home
Austin, TX 78747
3
2
1441 ft2
2018
604 N BLUFF DR #215
Rent to Own Eligible
Sweetbriar
Townhouse/Condo
Austin, TX 78745
1
2
941 ft2
2014
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Rent to own Homes in Cities Near Austin, TX

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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 2024 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 2024 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.

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.