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 300 Austin, TX rent to own homes for sale, which may include auction properties, for sale by owner, and more.

Showing 1 - 44 of 300
1 of 24 9011 Quail Valley Dr #A & #B
5 Beds, 3 Baths
Rent To Own
North Austin Civic Association
Multifamily (2 - 4 Units)
Austin, TX 78758
2,272 Sqft | Built in 1972
1 of 31 1705 Matthews Ln # B
3 Beds, 3.5 Baths
Rent To Own
 
Townhouse/Condo
Austin, TX 78745
1,396 Sqft | Built in 2000
8808 Whitter Dr #B
3 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
Austin, TX 78747
1,844 Sqft
1500 Nettie Dr
3 Beds, 3 Baths
Rent To Own
 
Single Family Home
Leander, TX 78641
1,627 Sqft | Built in 2001
4412 City Park Rd Apt 1
7 Beds, 6.5 Baths
Rent To Own
 
Single Family Home
Austin, TX 78730
10,641 Sqft | Built in 2004
Hot
1 of 24 8211 Landsman Dr
3 Beds, 2.5 Baths
Rent To Own
West Oak Hill
Single Family Home
Austin, TX 78736
2,775 Sqft | Built in 1994
1 of 17 8005 Bounty Trl
4 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
Austin, TX 78749
2,683 Sqft | Built in 1991
Hot
1 of 47 9102 El Rey Blvd
4 Beds, 2 Baths
Rent To Own
West Oak Hill
Single Family Home
Austin, TX 78737
2,857 Sqft | Built in 1976
Rent to own homes offer low monthly payments and flexible terms
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
2210 Yellow Bird Trl
4 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
Austin, TX 78734
2,758 Sqft | Built in 2008
13033 Fm 2769
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Austin, TX 78726
6,000 Sqft | Built in 1984
Hot
1 of 3 2810 Rollingwood Dr
4 Beds, 4.5 Baths
Rent To Own
 
Single Family Home
West Lake Hills, TX 78746
4,942 Sqft | Built in 2020
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
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
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
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 29 2504a Kinney Road
3 Beds, 3.5 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
Austin, TX 78704
1,859 Sqft | Built in 2005
1 of 16 2804 S 1st St Apt 1102
1 Bed, 2 Baths
Rent To Own
Galindo
Townhouse/Condo
Austin, TX 78704
1,410 Sqft | Built in 2019
Hot
1 of 36 1900 Dinsdale Ln
2 Beds, 2.5 Baths
Rent To Own
Parker Lane
Townhouse/Condo
Austin, TX 78741
1,729 Sqft | Built in 2016
1 of 19 208 Lightcliff St.
4 Beds, 2 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
Hutto, TX 78623
2,065 Sqft | Built in 2016
1 of 15 14700 Lone Paddock Ln Lot 987
3 Beds, 2 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
Pflugerville, TX 78660
1,941 Sqft | Built in 2020
1 of 8 14813 Lone Paddock Ln Lot 1008
4 Beds, 2 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
Pflugerville, TX 78660
1,813 Sqft | Built in 2020
Hot
1 of 33 1701 Gatlinburg Dr
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Pflugerville, TX 78660
1,720 Sqft | Built in 1983
Hot
1 of 28 4500 Secure Ln
3 Beds, 2.5 Baths
Rent To Own
 
Townhouse/Condo
Austin, TX 78725
1,440 Sqft | Built in 2009
Hot
1 of 21 1713 Paseo Corto Dr
5 Beds, 3 Baths
Rent To Own
 
Single Family Home
Cedar Park, TX 78613
4,709 Sqft | Built in 2002
1 of 50 17019 Rocky Ridge Rd
3 Beds, 2 Baths
Rent To Own
 
Single Family Home
Austin, TX 78734
1,484 Sqft | Built in 1976
1 of 25 103 Costa Bella Cove
5 Beds, 5.5 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
Austin, TX 78734
6,700 Sqft | Built in 1999
Hot
1 of 24 1417 Macfarland St
3 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
Leander, TX 78641
2,910 Sqft | Built in 2019
Hot
1 of 9 43 San Savio Ct
2 Beds, 2 Baths
Rent To Own
 
Townhouse/Condo
Austin, TX 78738
2,202 Sqft | Built in 2005
3904 Pawnee Pass
5 Beds, 5.5 Baths
Rent To Own
 
Single Family Home
Austin, TX 78738
6,148 Sqft | Built in 2011
Hot
1 of 31 2113 Barbaro Way # 3
1 Bed, 1 Bath
Rent To Own
 
Townhouse/Condo
Spicewood, TX 78669
528 Sqft | Built in 2012
1 of 38 326 Ringtail Stream Dr
4 Beds, 4 Baths
Rent To Own
 
Single Family Home
Austin, TX 78738
5,181 Sqft | Built in 2018
701 Alpine Trl #D & E
6 Beds, 4 Baths
Rent To Own
 
Single Family Home
San Marcos, TX 78666
2,544 Sqft | Built in 2016
1 of 15 1209 Highknoll Ln
3 Beds, 2.5 Baths
Rent To Own
 
Townhouse/Condo
Georgetown, TX 78628
1,783 Sqft | Built in 2018
1 of 30 305 Horseshow Loop
3 Beds, 2 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
Liberty Hill, TX 78642
1,568 Sqft | Built in 2013
1 of 30 3408 Lonesome Trail
3 Beds, 2 Baths
Rent To Own
Reata Trails
Multifamily (2 - 4 Units)
Georgetown, TX 78626
1,712 Sqft | Built in 1983
Hot
1 of 16 108 Taylor Creek Way
4 Beds, 3 Baths
Rent To Own
 
Single Family Home
Liberty Hill, TX 78642
3,517 Sqft | Built in 2020
1004 Crepe Myrtle Dr
2 Beds, 1 Bath
Rent To Own
Fairlawn
Single Family Home
San Marcos, TX 78666
870 Sqft
1 of 16 1013 Chestnut St B2
2 Beds, 2 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
San Marcos, TX 78666
887 Sqft | Built in 1982
1 of 50 639 Gregg Drive
3 Beds, 2 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
Spicewood, TX 78669
2,016 Sqft | Built in 1987
1 of 26 130 Southridge Lane
3 Beds, 2 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
Martindale, TX 78655
1,632 Sqft | Built in 2002
1 of 27 3215 Cr 424
4 Beds, 2 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
Taylor, TX 76574
2,030 Sqft | Built in 2016
1 of 15 2311 Havenbluff Court
4 Beds, 3.5 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
New Braunfels, TX 78132
3,650 Sqft | Built in 2020
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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 2022 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 2022 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%.

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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