Rent to own Homes in Memphis, AL

Memphis, AL is a great place for affordable rent-to-own homes! With the current housing shortage trend it can make it harder to become a homeowner, including in Memphis, AL. 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 Memphis, AL rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 198
86 ELMORE ST
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Rent To Own
 
Single Family Home
Columbus, MS 39702
3
1
1378 ft2
1975
1 of 14 418 3RD ST SE
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Rent to Own Eligible
 
Single Family Home
Aliceville, AL 35442
4
3
1896 ft2
1950
1 of 75 579 LEE RD
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Rent to Own Eligible
 
Single Family Home
Brooksville, MS 39739
2
2
165 ft2
1970
1 of 2 2084 Two Rivers Road
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Rent to Own Eligible
 
Single Family Home
Eutaw, AL 35462
4
3
1600 ft2
2008
1232 SW Elliotts Avenue
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Rent to Own Eligible
 
Single Family Home
Columbus, GA 31903
3
2
1195 ft2
1 of 29 637 GOLDING RD
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Rent to Own Eligible
 
Single Family Home
Columbus, MS 39702
5
2
2177 ft2
1977
1 of 14 478 THORNTON DR
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Rent to Own Eligible
 
Single Family Home
Columbus, MS 39702
3
2
1566 ft2
1998
186 Wind Chase Dr
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Rent to Own Eligible
 
Single Family Home
Columbus, MS 39702
5
4
3500 ft2
2007
186 WINDCHASE DR
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Rent to Own Eligible
 
Single Family Home
Columbus, MS 39702
4
3
4202 ft2
2008
1 of 15 9 MONTICELLO CIR
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Rent to Own Eligible
 
Single Family Home
Columbus, MS 39702
3
2
1408 ft2
1988
1 of 39 153 PINEWOOD DR
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Rent to Own Eligible
 
Single Family Home
Columbus, MS 39702
3
2
2388 ft2
1991
1 of 44 55 WHISPERING TREES
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Rent to Own Eligible
 
Single Family Home
Columbus, MS 39702
4
2
2200 ft2
1983
New
1 of 38 649 S Pickensville Rd
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Rent to Own Eligible
 
Single Family Home
Columbus, MS 39702
3
2
1528 ft2
1963
2115 Co Rd 30
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Rent to Own Eligible
 
Single Family Home
Ethelsville, AL 35461
3
2
2400 ft2
1951
1 of 39 303 Co Rd 30
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Rent to Own Eligible
 
Single Family Home
Ethelsville, AL 35461
3
2
2059 ft2
1900
209 MOUNT VERNON RD
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Rent to Own Eligible
 
Single Family Home
Columbus, MS 39702
3
3
3017 ft2
1988
1 of 15 434 WINTERSET DR
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Rent to Own Eligible
 
Single Family Home
Columbus, MS 39702
3
2
1411 ft2
1985
1 of 23 11 SR HIGHWAY 39
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Rent to Own Eligible
 
Single Family Home
Eutaw, AL 35462
5
2
3040 ft2
1935
214 S 8th Ave
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Rent to Own Eligible
 
Single Family Home
Columbus, MS 39701
2
2
1172 ft2
2024
1 of 25 618 4TH ST S
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Rent to Own Eligible
 
Single Family Home
Columbus, MS 39701
2
2
1370 ft2
1945
1 of 10 403 6TH AVENUE NW
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Rent to Own Eligible
 
Single Family Home
Reform, AL 35481
3
2
1250 ft2
2024
402 1ST ST N
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Rent to Own Eligible
 
Single Family Home
Reform, AL 35481
4
3
3808 ft2
1940
1 of 30 823 SKYLARK DR
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Rent to Own Eligible
 
Single Family Home
Columbus, MS 39702
3
2
1921 ft2
1977
1 of 18 1003 COLLEGE ST
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Rent to Own Eligible
 
Single Family Home
Columbus, MS 39701
4
3
2683 ft2
1940
1 of 20 1519 LEE STOKES RD
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Rent to Own Eligible
 
Single Family Home
Columbus, MS 39702
4
2
1663 ft2
1993
1 of 31 2362 TABERNACLE RD
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Rent to Own Eligible
 
Single Family Home
Columbus, MS 39702
2
2
1565 ft2
1972
Hot
1 of 2 1106 4TH ST NW
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Rent to Own Eligible
 
Single Family Home
Reform, AL 35481
4
2
1942 ft2
1971
1 of 2 1789 COUNTY ROAD 25
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Rent to Own Eligible
 
Single Family Home
Reform, AL 35481
3
2
1426 ft2
1972
New
620 7TH ST N
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Rent to Own Eligible
 
Single Family Home
Columbus, MS 39701
3
2
2086 ft2
1940
1 of 29 725 10TH ST N
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Rent to Own Eligible
 
Single Family Home
Columbus, MS 39701
3
2
1940 ft2
1950
1 of 9 95 BELLE CIR
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Rent to Own Eligible
 
Single Family Home
Columbus, MS 39702
3
2
1148 ft2
1984
1 of 40 901 7TH ST N
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Rent to Own Eligible
 
Single Family Home
Columbus, MS 39701
4
2
2642 ft2
1940
1 of 23 1001 10TH ST N
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Rent to Own Eligible
 
Single Family Home
Columbus, MS 39701
4
3
4223 ft2
1900
1 of 30 1206 N 6th Street Street
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Rent to Own Eligible
 
Single Family Home
Columbus, MS 39701
3
2
1702 ft2
1965
New
1206 6TH ST N
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Rent to Own Eligible
 
Single Family Home
Columbus, MS 39701
3
2
1702 ft2
1965
1 of 19 5194 Ms-50
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Rent to Own Eligible
 
Single Family Home
Steens, MS 39766
3
1
1004 ft2
1993
1 of 28 108 COUNTRYSIDE LN
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Rent to Own Eligible
 
Single Family Home
Columbus, MS 39702
3
2
1834 ft2
1990
1 of 72 110 RIDGELAND DR
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Rent to Own Eligible
 
Single Family Home
Columbus, MS 39705
4
2
1935 ft2
1970
New
229 SHELLEY RD
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Rent to Own Eligible
 
Single Family Home
Columbus, MS 39705
4
4
2550 ft2
1979
1 of 66 229 Shelley Rd
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Rent to Own Eligible
 
Single Family Home
Columbus, MS 39701
4
4
3750 ft2
1978
1 of 35 1507 HICKORY LN
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Rent to Own Eligible
 
Single Family Home
Columbus, MS 39705
3
2
2688 ft2
1994
1 of 56 232 SHELLEY RD
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Rent to Own Eligible
 
Single Family Home
Columbus, MS 39705
4
4
3360 ft2
2001
1 of 47 101 C Lincoln Rd
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Rent to Own Eligible
 
Single Family Home
Columbus, MS 39705
3
2
1793 ft2
1973
1 of 22 52 SHELLEY RD
MORE DETAILS +
Rent to Own Eligible
 
Single Family Home
Columbus, MS 39705
2
2
1200 ft2
1992
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Buying a Home in Memphis, AL

Memphis, AL is seeing rapid growth and Memphis, AL's' housing market remains optimal with an average home price that is -100% below the 2024 national average. Memphis, AL is part of Pickens 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 Pickens is 0.31% which is below the national average, which is 0.99%.

Median Home Price in Memphis, AL

Median Rent in Memphis, AL

Median rent data is currently unavailable.
Rent to own homes offer low monthly payments and flexible terms.