Rent to own Homes in Aurora, IL

The city of Aurora, Illinois, is the second largest in the state, with more than 197,000 people calling it home. It is a moderately sized manufacturing city with ample jobs and numerous residential neighborhoods. The city is one of the fastest growing in the country.

Aurora, IL is a great place for affordable rent-to-own homes! With a median household income of over $74,659 and a median rent of $1,274, the Aurora, IL 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 Aurora, IL. 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 Aurora, IL rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
2301 SUMMERLIN DR
Rent To Own
 
Single Family Home
Aurora, IL 60503
2
2
0 ft2
Hot
636 PEARCES FRD
Rent To Own
 
Single Family Home
Oswego, IL 60543
5
4
2800 ft2
1988
84 PUEBLO RD
Rent To Own
Boulder Hill
Single Family Home
Montgomery, IL 60538
3
1
988 ft2
1960
3648 WHITE EAGLE DR
Rent To Own
White Eagle Club
Single Family Home
Naperville, IL 60564
5
3
2896 ft2
1996
1 of 22 2S110 COLONIAL LN
Rent To Own
 
Single Family Home
Lombard, IL 60148
4
2
1944 ft2
1965
1609 EDINBURGH DR #117-5
Rent To Own
Tri Village
Townhouse/Condo
Bartlett, IL 60103
3
3
1826 ft2
2005
7343 Country Creek Way UNIT 4
Rent To Own
 
Single Family Home
Downers Grove, IL 60516
2
2
972 ft2
1975
12A Kingery Quarter Rd #104
Rent To Own
 
Single Family Home
Willowbrook, IL 60527
1
1
800 ft2
1981
260 GREGORY M SEARS DR
Rent To Own
 
Single Family Home
Gilberts, IL 60136
4
3
1801 ft2
2003
812 N RIVER RD #2A
Rent To Own
 
Townhouse/Condo
Mount Prospect, IL 60056
2
1
1000 ft2
1983
5537 N CANFIELD AVE
Rent To Own
Norwood Park
Single Family Home
Chicago, IL 60656
2
2
1284 ft2
1946
838 S SCOVILLE AVE #1
Rent To Own
 
Townhouse/Condo
Oak Park, IL 60304
1
1
800 ft2
1923
1 of 14 8809 West Golf Road
Rent To Own
 
Multifamily (2 - 4 Units)
Niles, IL 60714
2
2
1600 ft2
1976
6704 W FOREST PRESERVE DR
Rent To Own
Harwood Heights
Single Family Home
Harwood Heights, IL 60706
3
3
1326 ft2
1998
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
7200 GALENA RD
Rent To Own
 
Single Family Home
Bristol, IL 60512
6
6
9330 ft2
2008
1785 MITCHELL RD
Rent To Own
Indian Creek
Single Family Home
Aurora, IL 60505
3
2
2450 ft2
1 of 19 889 HEARTHSTONE CT
Rent To Own
Edgelawn Randall
Single Family Home
Aurora, IL 60506
3
3
1850 ft2
1990
Hot
1 of 12 1445 MCCLURE RD
Rent To Own
Indian Creek
Single Family Home
Aurora, IL 60505
2
2
1100 ft2
2004
Hot
1 of 19 2485 CUSHING LN
Rent To Own
Far Southeast
Single Family Home
Aurora, IL 60503
4
3
3236 ft2
2002
420 BAYBERRY DR
Rent To Own
 
Single Family Home
Oswego, IL 60543
4
4
3523 ft2
2002
1349 Hinkley St
Rent To Own
 
Single Family Home
Montgomery, IL 60538
2
1
675 ft2
1945
2619 DREXEL DR
Rent To Own
Carillon Club
Single Family Home
Naperville, IL 60564
2
2
1830 ft2
2016
Hot
1 of 12 644 LINCOLN STATION DR
Rent To Own
 
Single Family Home
Oswego, IL 60543
3
3
1318 ft2
2004
Hot
1 of 24 1930 TURTLE CREEK CT
Rent To Own
Far Southeast
Single Family Home
Aurora, IL 60503
4
4
3337 ft2
2005
Hot
1 of 12 27 FALLCREEK CIR
Rent To Own
Boulder Hill
Single Family Home
Montgomery, IL 60538
2
1
1008 ft2
1988
1 of 41 793 SERENDIPITY DR
Rent To Own
South Farnsworth
Single Family Home
Aurora, IL 60504
3
2
1160 ft2
2004
Hot
1 of 34 1096 RAINWOOD DR
Rent To Own
Edgelawn Randall
Single Family Home
Aurora, IL 60506
3
3
1206 ft2
1973
Hot
1 of 12 1407 MCCLURE RD
Rent To Own
Indian Creek
Single Family Home
Aurora, IL 60505
1
1
896 ft2
2004
1 of 9 512 South River Street
Rent To Own
South End
Multifamily (2 - 4 Units)
Aurora, IL 60506
4
2
1400 ft2
1920
Hot
1 of 30 1282 DUNBARTON DR
Rent To Own
Eola Yards
Single Family Home
Aurora, IL 60502
3
3
1960 ft2
1994
1 of 47 921 N DEERPATH RD
Rent To Own
 
Single Family Home
North Aurora, IL 60542
3
2
1579 ft2
1860
Hot
659 W DOWNER PL
Rent To Own
 
Single Family Home
Aurora, IL 60506
4
2
1816 ft2
1931
Hot
209 BLUEGRASS PKWY
Rent To Own
 
Single Family Home
Oswego, IL 60543
4
3
2734 ft2
2007
Hot
1 of 15 3S178 NELSON LAKE RD
Rent To Own
 
Single Family Home
Batavia, IL 60510
4
3
2266 ft2
1973
Hot
1 of 12 2016 FULHAM DR
Rent To Own
 
Townhouse/Condo
Naperville, IL 60564
2
2
1142 ft2
1997
Hot
1 of 22 37W563 SCHUSTER LN
Rent To Own
 
Single Family Home
Batavia, IL 60510
4
2
2394 ft2
1995
Hot
1 of 12 2720 WHITEHALL LN
Rent To Own
 
Single Family Home
Naperville, IL 60564
4
4
2410 ft2
1997
1 of 40 3S263 BLACKTHORN LN
Rent To Own
 
Single Family Home
Warrenville, IL 60555
3
2
1248 ft2
1978
1 of 44 29W169 Springlake Drive
Rent To Own
 
Multifamily (2 - 4 Units)
Naperville, IL 60564
3
3
1550 ft2
1977
Hot
1 of 19 24188 PEAR TREE CIR
Rent To Own
 
Townhouse/Condo
Plainfield, IL 60585
3
3
1574 ft2
1998
Hot
1 of 42 336 MORGAN VALLEY DR
Rent To Own
 
Single Family Home
Oswego, IL 60543
4
3
1790 ft2
2000
705 KATHY CT
Rent To Own
 
Single Family Home
Naperville, IL 60540
5
5
6000 ft2
1987
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Buying a Home in Aurora, IL

Aurora, IL is seeing rapid growth and Aurora, IL's' housing market remains optimal with an average home price that is -11% below the 2024 national average. Aurora, IL is part of Kane 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 Kane is 2.09% which is above the national average, which is 0.99%.

Median Home Price in Aurora, IL

Median Rent in Aurora, IL

Rent to own homes offer low monthly payments and flexible terms.

Top Reasons to Live in Aurora IL

Housing Statistics The housing statistics for Aurora provide some important information for individuals considering buying or renting a home here. The average listing price of a house, as of the second week of August 2013, was $195,740. This is just slightly (less than 1 percent) higher than the same time last year. The median sale price of homes in this area, as of the second quarter of 2013, stood at $138,500, up substantially (19 percent) from the previous year. In the last year, 1,273 homes sold in the region, with a residential turnover rate of 19 percent, and a median residency of three years.

Largest Employers and Industries Though once a significant manufacturing town, the city has become much more than that in the last decades. There are thriving health, education, and service industries here. The largest employers in Aurora include Caterpillar, Hollywood Casino Aurora, Rush Copley Medical Center, Indian Prairie School District, and Dreyer Medical Clinic. Large manufacturing companies include Lyon Workspace Products, Barber Greene Company, and the Aurora Brewing Company.

Local Events and Festivals As a large and growing community, there are plenty of festivals and events occurring in and around Aurora. The Aurora Farmers Market is held downtown through the summer and fall months. Numerous Civil War events that take place throughout the year. Prominent areas for these include the Water Street Mall, RiverEdge Park, Downtown Batavia, and the Sandwich Fairgrounds.

Neighborhoods in Aurora Although Aurora's neighborhoods are fairly similar, there are small things that help to make one area different and special from the other. When looking for rent-to-own homes here, consider these neighborhoods: