Rent to own Homes in Illinois

Illinois is known as "The Prairie State" because most of the state was originally covered in prairie grasses. Although it is more developed at this point, there's still a homey feel to much of the state. Its 12,671,821 residents share 2,787 cities, each with its own governing body, and there are a total of 852 school districts in Illinois. The primary industries in the state include healthcare, manufacturing, retail, education, hospitality, and finance and insurance.

Corporate giants such as Walgreens Boots Alliance, State Farm Insurance, Caterpillar Tractor, AbbVie, Abbott Laboratories, McDonald's, and many more have their national headquarters in Illinois. There are many jobs available and a variety of housing types and cultural opportunities. Deciding to move to Illinois might be easy, but with so many options to choose from, figuring out exactly where to buy a home might be a little more difficult.

Check out Illinois rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
1 of 135 1122 N Clark St
Rent To Own
Near North Side
Single Family Home
Chicago, IL 60610
1
1
750 ft2
1985
1 of 14 8809 West Golf Road
Rent To Own
 
Multifamily (2 - 4 Units)
Niles, IL 60714
2
2
1600 ft2
1976
1 of 26 1749 W FOREST AVE
Rent To Own
West End
Single Family Home
Decatur, IL 62522
6
2
0 ft2
1748 W Rascher Ave
Rent To Own
Edgewater
Townhouse/Condo
Chicago, IL 60640
2
1
0 ft2
1913
1 of 33 23 PEBBLEBROOK CT
Rent To Own
Fox Creek Road
Single Family Home
Bloomington, IL 61705
5
4
4709 ft2
1997
1 of 75 5555 S Everett Ave
Rent To Own
 
Single Family Home
Chicago, IL 60637
4
3
2400 ft2
1924
2906 W WILCOX ST
Rent To Own
East Garfield Park
Townhouse/Condo
Chicago, IL 60612
9
3
2832 ft2
1905
623 Limerick Ln
Rent To Own
Golden Corridor
Single Family Home
Schaumburg, IL 60193
2
2
1100 ft2
1995
Hot
9519 S FOREST AVE
Rent To Own
Roseland
Single Family Home
Chicago, IL 60628
3
2
1100 ft2
1960
New
1 of 22 6237 S Greenwood Ave
Rent To Own
Woodlawn
Single Family Home
Chicago, IL 60637
2
2
1430 ft2
1896
1 of 22 2S110 COLONIAL LN
Rent To Own
 
Single Family Home
Lombard, IL 60148
4
2
1944 ft2
1965
1408 KENMORE AVE
Rent To Own
Round Lake Beach Ridgewood
Single Family Home
Round Lake Beach, IL 60073
3
1
968 ft2
1955
5739 S CALUMET AVE #3N
Rent To Own
Washington Park
Townhouse/Condo
Chicago, IL 60637
3
2
1400 ft2
1901
1355 N SANDBURG TER #407D
Rent To Own
Near North Side
Townhouse/Condo
Chicago, IL 60610
1
1
0 ft2
1964
Hot
2008 TYLER TRL
Rent To Own
Mchenry
Single Family Home
Mchenry, IL 60051
3
3
1981 ft2
2006
240 E ILLINOIS ST #1708
Rent To Own
Near North Side
Townhouse/Condo
Chicago, IL 60611
2
2
1293 ft2
2005
4636 N Racine Ave APT 2, Chicago, IL 60640
Rent To Own
Uptown
Single Family Home
Chicago, IL 60640
2
1
1200 ft2
1906
5856 S PRAIRIE AVE #3
Rent To Own
Washington Park
Townhouse/Condo
Chicago, IL 60637
3
2
1250 ft2
2004
1 of 3 7620 S CALUMET AVE
Rent To Own
Chatham
Single Family Home
Chicago, IL 60619
4
4
1386 ft2
1921
Hot
2015 ROLLING RIDGE LN
Rent To Own
Lindenhurst
Single Family Home
Lindenhurst, IL 60046
2
2
1475 ft2
1961
Hot
730 WEBSTER ST
Rent To Own
 
Single Family Home
Warsaw, IL 62379
2
1
1200 ft2
1950
5913 MONROE ST
Rent To Own
Morton Grove
Single Family Home
Morton Grove, IL 60053
3
2
1830 ft2
1960
1200 WESTFIELD WAY
Rent To Own
Town And Country
Single Family Home
Mundelein, IL 60060
4
3
3379 ft2
1997
3017 E 78th St APT 2B
Rent To Own
South Shore
Single Family Home
Chicago, IL 60649
1
1
800 ft2
1924
12A Kingery Quarter Rd #104
Rent To Own
 
Single Family Home
Willowbrook, IL 60527
1
1
800 ft2
1981
2301 SUMMERLIN DR
Rent To Own
 
Single Family Home
Aurora, IL 60503
2
2
0 ft2
213 E HIGH ST
Rent To Own
 
Single Family Home
Princeville, IL 61559
3
2
1272 ft2
1955
Hot
255 44TH ST
Rent To Own
East End
Single Family Home
Moline, IL 61265
2
1
884 ft2
1915
7343 Country Creek Way UNIT 4
Rent To Own
 
Single Family Home
Downers Grove, IL 60516
2
2
972 ft2
1975
6704 W FOREST PRESERVE DR
Rent To Own
Harwood Heights
Single Family Home
Harwood Heights, IL 60706
3
3
1326 ft2
1998
3648 WHITE EAGLE DR
Rent To Own
White Eagle Club
Single Family Home
Naperville, IL 60564
5
3
2896 ft2
1996
84 PUEBLO RD
Rent To Own
Boulder Hill
Single Family Home
Montgomery, IL 60538
3
1
988 ft2
1960
2317 31ST ST
Rent To Own
Villa Park
Single Family Home
Moline, IL 61265
2
1
1207 ft2
1953
1 of 38 8724 S ESSEX AVE
Rent To Own
South Chicago
Single Family Home
Chicago, IL 60617
5
3
1987 ft2
1924
956 W 115TH PL
Rent To Own
Morgan Park
Townhouse/Condo
Chicago, IL 60643
3
2
731 ft2
1966
260 GREGORY M SEARS DR
Rent To Own
 
Single Family Home
Gilberts, IL 60136
4
3
1801 ft2
2003
1550 S INDIANA AVE #412
Rent To Own
South Loop
Townhouse/Condo
Chicago, IL 60605
2
2
1100 ft2
1905
105 N COLER AVE
Rent To Own
 
Single Family Home
Urbana, IL 61801
5
2
1890 ft2
1914
222 N COLUMBUS DR #3203
Rent To Own
The Loop
Townhouse/Condo
Chicago, IL 60601
2
2
1225 ft2
2001
2745 N HAMPDEN CT #2E
Rent To Own
Lincoln Park
Townhouse/Condo
Chicago, IL 60614
3
1
1100 ft2
1916
5537 N CANFIELD AVE
Rent To Own
Norwood Park
Single Family Home
Chicago, IL 60656
2
2
1284 ft2
1946
7115 S SAINT LAWRENCE AVE
Rent To Own
Park Manor
Townhouse/Condo
Chicago, IL 60619
6
4
2773 ft2
1890
812 N RIVER RD #2A
Rent To Own
 
Townhouse/Condo
Mount Prospect, IL 60056
2
1
1000 ft2
1983
838 S SCOVILLE AVE #1
Rent To Own
 
Townhouse/Condo
Oak Park, IL 60304
1
1
800 ft2
1923
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More Illinois Property Resources

Rent to own Homes in Cities Near Illinois

Average Cost of Living in Illinois

It's pretty easy to find an affordable place to live in Illinois. The average cost of living in the state is 6.6% lower than the national average. Although cities like Lake Forest have an overall cost of living that's 69.9% more than the rest of the country, there are plenty of municipalities that are much less costly. For example, Percy and Peoria are 26.5% and 24% below average, respectively.

Average Home Prices in Illinois

The median price of a home in Illinois is $183,700, which is 20.5% lower than the national average of $231,200. Springfield homes have a price tag of $105,400 - 54.4% lower than the national average - and Chicago's average of $229,100 is only slightly below average. In general, there are many affordable housing options in Illinois, and these are even more affordable when you consider buying a rent-to-own home.

Illinois Statistics

If you're interested in Illinois 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 Illinois statistics compared to the U.S. national average.

Illinois Averages National Averages
One-Way Commute 28.7 minutes 26.4 minutes
Violent Crime 24.8 22.7
Property Crime 30.9 35.4
Unemployment Rate 4.3% 3.9%
Income Tax Rate 5.0% 4.6%
Air Quality 62 58
Water Quality 36 55
Median Household Income $57,166 $53,482
Median Property Taxes $4,100 $2,200
Utilities $280/month $112/month
Monthly Rent $1,000 $1,470
Median Home Cost $183,700 $231,200
Median Home Age 46 years 40 years

Popular Illinois Cities

Chicago - With more than 2.5 million residents, Chicago is the only large city in Illinois. Sports are front and center in the Windy City, with professional teams such as the Bulls, Blackhawks, Cubs, White Sox, Bears, and the Chicago Sky. The city has an amazing economy with a $609 billion gross regional product, which is higher than many small countries' gross domestic product. Hundreds of major corporations and dozens of Fortune 500 companies are based in Chicago. Economic opportunities abound for people who move to the city.

Springfield - Although it is the capital of Illinois, Springfield only had 114,230 residents in 2019. Abraham Lincoln and his wife Mary lived in Springfield for 17 years, and many people come to the city to visit the Lincoln Home National Historic Site and the surrounding neighborhood, which was restored to its 1800s appearance. Other popular stops in Springfield include the Abraham Lincoln Presidential Library and Museum, the Henson Robinson Zoo, and several other museums and parks.

Peoria - Peoria is a port city located along the Illinois River. It had 110,417 residents in 2019, and it only comprises 48 square miles, but it has a lot to offer for a city of its size. Its primary industries are construction, manufacturing, and shipping. The scenic, relaxing Grandview Drive was dubbed by President Theodore Roosevelt as the world's most beautiful drive. The Peoria Zoo, a botanical garden, the Par-A-Dice Hotel Casino, and more are all located within city limits.

Popular Amenities and Attractions in Illinois

Grant Park, named after President Ulysses S. Grant, is 313 acres and is located in the middle of Chicago's business district. There are several museums on-site, including the Field Museum of Natural History, the Adler Planetarium, the Shedd Aquarium, and the Art Institute of Chicago. The park offers a variety of recreational activities and food and music festivals. It is the location where the Chicago Marathon begins and ends.

Starved Rock State Park is an excellent spot for people who enjoy the outdoors. It has 133 premium campsites, a campground store that sells camping supplies, and 18 canyons with seasonal waterfalls. Other amenities include boat and trolley tours, kayak and canoe rentals, and 13 miles of hiking trails. After spending the day outdoors, you can visit the lodge and dine at its on-site restaurant or sit down to a meal at the park's picnic area.

More than 117 million people visited Illinois in 2018 because of what it has to offer. If you're thinking of relocating, this state should definitely be on your radar. Find your Illnois rent-to-own home today.