Rent to own Homes in Bessemer, AL
Founded 110 years ago, Bessemer is well-recognized for having roots in the steel industry, which reached into the 20th century when the behemoth USS Steel came to town. Modern Bessemer with 27,053 residents has remade itself through economic diversification and has 13 industrial/business parks, three local golf courses, and fascinating retail stores like the Paisley Pig and United Textiles. The Chamber of Commerce claims everyone should eat at the Bob Sykes restaurant before dying because the food is that good!
Bessemer, AL is a great place for affordable rent-to-own homes! With a median household income of over $30,284 and a median rent of $764, the Bessemer, AL 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 Bessemer, 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.
More Bessemer, AL Property Resources
Rent to own Homes in Cities Near Bessemer, AL
- Adamsville
- Alabaster
- Bessemer
- Birmingham
- Brantleyville
- Brierfield
- Brighton
- Brook Highland
- Brookside
- Calera
- Center Point
- Chelsea
- Clay
- Columbiana
- Concord
- Dunnavant
- Eagle Point
- Edgewater
- Fairfield
- Forestdale
- Fultondale
- Grayson Valley
- Graysville
- Harpersville
- Helena
- Highland Lakes
- Hoover
- Hueytown
- Indian Springs Village
- Irondale
- Kimberly
- Lipscomb
- Midfield
- Montevallo
- Morris
- Mountain Brook
- Mount Olive
- North Johns
- Pea Ridge
- Pinson
- Quinton
- Shoal Creek
- Sylvan Springs
- Tarrant
- Trussville
- Vandiver
- Warrior
- West Jefferson
- Westover
- Wilton
Neighborhoods in Bessemer, AL
Bessemer rent to own homesBuying a Home in Bessemer, AL
Bessemer, AL is seeing rapid growth and Bessemer, AL's' housing market remains optimal with an average home price that is -54% below the 2024 national average. Bessemer, AL is part of Jefferson 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 Jefferson is 0.58% which is below the national average, which is 0.99%.
Median Home Price in Bessemer, AL
Median Rent in Bessemer, AL
Top 4 Reasons to Live in Bessemer, AL
Plenty of comfortable houses for rent! Affordable describes Bessemer's rental market. There is a nice selection of apartments as well as houses for rent at rates that other cities wish they could offer. For under $900, a renter can live in a spacious 3 -or 4-bedroom rent to own house. This is a stable rental city too. People live here year round, so the vacancy rate hovers around 7 percent. Bessemer's comfortable atmosphere developed with time. Its historical homes are interspersed among newer residences in neighborhoods, giving homeowners and renters alike a down-home feeling. Any resident can join the Bessemer Historical Homeowner's Association and meet others who have a deep respect for the city's history. Residents also enjoy time together wandering the centrally located Bessemer Flea Market.
Make a splash! Even in the hottest months of July and August, the temperature only averages 91 degrees, which is perfect for visiting DeBardeleben Park in downtown Bessemer to catch some music at the bandstand. Cool down in the Alabama Splash Adventure wave pool or by sliding down some thrilling water slides.
All real estate is conveniently located! Live in the Bessemer Homestead or Glen Hills neighborhood near interstate 59/20 and residents are just minutes from downtown Bessemer, Hueytown (2 miles), and Birmingham (12 miles). Rent a home in Pleasant Hill near Interstate 459 on the southern edge, and it is an easy jaunt to several great shopping malls. Drive nine miles east, and shop 'til you drop at the glittering Riverchase Galleria Mall. However, save the taste buds for a local meal at the famous Bright Star restaurant, opened in 1907 and serving up steak and seafood experiences -- not just food.
Real blues music! Gip's Place is a real tin-roofed juke joint tucked away in a small ravine. It offers authentic blues music played by Henry Gipson, who also invites other bands looking for a blues stage. Its only advertising is word-of-mouth. More down-home blues music is enjoyed at the popular annual Bob Sykes Blues & BBQ Festival.