Rent to own Homes in Cahokia, IL
If you love the idea of living in a small town but want the convenience of being able to hit the hot spots of a major city, Cahokia is the place for you. Located just over the river from St. Louis, Cahokia boasts one of the top historic attractions in the state and is close enough to St. Louis to make it to every Cardinals game.
Cahokia, IL is a great place for affordable rent-to-own homes! With a median household income of over $30,299 and a median rent of $905, the Cahokia, 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 Cahokia, 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.
More Cahokia, IL Property Resources
Rent to own Homes in Cities Near Cahokia, IL
- Affton
- Arnold
- Ballwin
- Bella Villa
- Bellerive
- Bel-Nor
- Berkeley
- Beverly Hills
- Bridgeton
- Byrnes Mill
- Calverton Park
- Champ
- Chesterfield
- Clarkson Valley
- Clayton
- Country Life Acres
- Crestwood
- Crystal Lake Park
- Ferguson
- Flordell Hills
- Florissant
- Frontenac
- Glendale
- Glen Echo Park
- Green Park
- Hanley Hills
- Hazelwood
- High Ridge
- Hillsdale
- Huntleigh
- Imperial
- Kinloch
- Lakeshire
- Manchester
- Maryland Heights
- Normandy
- Oakland
- Olivette
- Overland
- Pagedale
- Peaceful Village
- Pevely
- Pine Lawn
- Portage Des Sioux
- Sycamore Hills
- University City
- Velda City
- Vinita Terrace
- Wellston
- Westwood
Neighborhoods in Cahokia, IL
No neighborhoods foundPopular Zip Codes in Cahokia, IL
62206 rent to own homesBuying a Home in Cahokia, IL
Cahokia, IL is seeing rapid growth and Cahokia, IL's' housing market remains optimal with an average home price that is -77% below the 2024 national average. Cahokia, IL is part of St. Clair 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 St. Clair is 1.87% which is above the national average, which is 0.99%.
Median Home Price in Cahokia, IL
Median Rent in Cahokia, IL
Top 5 Reasons to Live in Cahokia, Illinois
Historic attractions! If you are a lover of history and the great outdoors, check out the Cahokia Mounds. This site of ancient Mississippian culture dates back to the 700s, and at its height in the 1200s was larger than London. Another great local attraction is the Cahokia County Courthouse, a log courthouse, built to resemble its appearance in 1800.
Great local eateries! For the best pork ribs you will ever taste, visit the Sawmill Restaurant. They have amazing side dishes as well as entrees and are known for their friendly staff. For great calzones, head over to Stringers Restaurant and Pizzeria. They serve homemade pizza and sandwiches in a comfortable atmosphere.
Shop 'till you drop! For all you shopaholics, there are plenty of stores to keep you entertained. Whether out for some retail therapy or just running a few errands, Cahokia can meet your every need. Check out the Walmart if you want a one-stop-shop or take your time by stopping at Simply Fashion for some clothes first before going on to Shnucks for your food and bakery needs. Thrifty Hardware and Home Center has hardware, the supplies you need for flooring and even bait and tackle.
Home ownership opportunities! If you are looking for rent to own homes or homes for sale, this is a great place to settle. Home prices here are below the national average, and you are likely to see an increase in value on a purchase here. The best appreciation values have been in the Camp Jackson and Jerome Lane areas.
Great rental market! Rental homes here are much less expensive than in St. Louis, and it's just a quick trip over the river to work. With a vacancy rate of 20.9 percent and a median rental price of $616, now is the time to sign a lease on that apartment or rental house. Some great rental properties can be found in the village center as well as the Paris Avenue neighborhood.