Ownership Submission
FORM 5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Form 3 Holdings Reported
Form 4 Transactions Reported
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
BUTLER WILLIAM K JR
2. Issuer Name and Ticker or Trading Symbol
AARON RENTS INC [RNT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President, SALO Division
(Last)
(First)
(Middle)

309 E. PACES FERRY ROAD, N.E.
3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2007
(Street)


ATLANTA, GA 30305-
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Reporting
(check applicable line)

_X_ Form Filed by One Reporting Person
___ Form Filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Amount (A) or (D) Price
Aaron Rnts Com Stock 12/31/2007   G 30 A $ 19.24 46,517 D  
Aaron Rnts Com Stock 12/31/2007   L 1.099 A $ 19.24 4,956.3288 I By: 401(k) Plan
Aaron Rnts Com Stock             16,074 I By: Spouse

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 2270 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Aaron Rnts Com Stock Option $ 8.11           11/22/2002 11/22/2009 Aaron Rnts Com Stock
22,500
  22,500
D
 
Aaron Rnts Com Stock Option $ 8.88           01/23/2006 01/23/2013 Aaron Rnts Com Stock
22,500
  22,500
D
 
Aaron Rnts Com Stock Option $ 14.6           10/31/2006 10/31/2013 Aaron Rnts Com Stock
75,000
  75,000
D
 
Aaron Rnts Com Stock Option $ 15.35           09/17/2006 09/17/2013 Aaron Rnts Com Stock
7,500
  7,500
D
 
Aaron Rnts Com Stock Option $ 18.7667           05/13/2007 05/13/2014 Aaron Rnts Com Stock
45,000
  45,000
D
 
Aaron Rnts Com Stock Option $ 21.14           11/13/2010 11/13/2017 Aaron Rnts Com Stock
25,000
  25,000
D
 
Aaron Rnts Com Stock Option $ 21.4133           07/30/2007 07/30/2014 Aaron Rnts Com Stock
33,000
  33,000
D
 
Aaron Rnts Com Stock Option $ 21.44           11/01/2007 11/01/2014 Aaron Rnts Com Stock
18,900
  18,900
D
 

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
BUTLER WILLIAM K JR
309 E. PACES FERRY ROAD, N.E.
ATLANTA, GA 30305-
  X     President, SALO Division  

Signatures

Aleksandra T. Nearing, by Power of Attorney for William K.Butler 02/14/2008
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure.

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