Rent to own Homes in Chicago Heights, IL

Nicknamed "Crossroads of the Nation," Chicago Heights is a small city located in Cook County, Illinois. The area was originally settled in 1833 and was incorporated as a village in 1892. By the early 1900s, it started experiencing tremendous growth and officially become a city. With a current population just over 30,000 and approximately 10 square miles of land, this area of Illinois enjoys the community feel of a small town combined with the luxuries of a modern city.

Chicago Heights, IL is a great place for affordable rent-to-own homes! With a median household income of over $49,880 and a median rent of $918, the Chicago Heights, 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 Chicago Heights, 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 Chicago Heights, IL rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
14701 W 93rd Ave
Rent To Own
 
Single Family Home
Dyer, IN 46311
3
3
1822 ft2
956 W 115TH PL
Rent To Own
Morgan Park
Townhouse/Condo
Chicago, IL 60643
3
2
731 ft2
1966
Hot
9519 S FOREST AVE
Rent To Own
Roseland
Single Family Home
Chicago, IL 60628
3
2
1100 ft2
1960
1 of 38 8724 S ESSEX AVE
Rent To Own
South Chicago
Single Family Home
Chicago, IL 60617
5
3
1987 ft2
1924
3017 E 78th St APT 2B
Rent To Own
South Shore
Single Family Home
Chicago, IL 60649
1
1
800 ft2
1924
7115 S SAINT LAWRENCE AVE
Rent To Own
Park Manor
Townhouse/Condo
Chicago, IL 60619
6
4
2773 ft2
1890
5856 S PRAIRIE AVE #3
Rent To Own
Washington Park
Townhouse/Condo
Chicago, IL 60637
3
2
1250 ft2
2004
5739 S CALUMET AVE #3N
Rent To Own
Washington Park
Townhouse/Condo
Chicago, IL 60637
3
2
1400 ft2
1901
1 of 75 5555 S Everett Ave
Rent To Own
 
Single Family Home
Chicago, IL 60637
4
3
2400 ft2
1924
541 W 67TH LN
Rent To Own
 
Single Family Home
Merrillville, IN 46410
4
2
1834 ft2
1961
5465 MARYLAND ST
Rent To Own
 
Single Family Home
Merrillville, IN 46410
3
2
1512 ft2
1957
1550 S INDIANA AVE #412
Rent To Own
South Loop
Townhouse/Condo
Chicago, IL 60605
2
2
1100 ft2
1905
12A Kingery Quarter Rd #104
Rent To Own
 
Single Family Home
Willowbrook, IL 60527
1
1
800 ft2
1981
2906 W WILCOX ST
Rent To Own
East Garfield Park
Townhouse/Condo
Chicago, IL 60612
9
3
2832 ft2
1905
222 N COLUMBUS DR #3203
Rent To Own
The Loop
Townhouse/Condo
Chicago, IL 60601
2
2
1225 ft2
2001
240 E ILLINOIS ST #1708
Rent To Own
Near North Side
Townhouse/Condo
Chicago, IL 60611
2
2
1293 ft2
2005
505 N LAKE SHORE DR #6601
Rent To Own
Near North Side
Townhouse/Condo
Chicago, IL 60611
3
4
2975 ft2
1970
838 S SCOVILLE AVE #1
Rent To Own
 
Townhouse/Condo
Oak Park, IL 60304
1
1
800 ft2
1923
1355 N SANDBURG TER #407D
Rent To Own
Near North Side
Townhouse/Condo
Chicago, IL 60610
1
1
0 ft2
1964
2745 N HAMPDEN CT #2E
Rent To Own
Lincoln Park
Townhouse/Condo
Chicago, IL 60614
3
1
1100 ft2
1916
7343 Country Creek Way UNIT 4
Rent To Own
 
Single Family Home
Downers Grove, IL 60516
2
2
972 ft2
1975
26 BITTERSWEET LN
Rent To Own
 
Single Family Home
Portage, IN 46368
4
3
1966 ft2
1948
4636 N Racine Ave APT 2, Chicago, IL 60640
Rent To Own
Uptown
Single Family Home
Chicago, IL 60640
2
1
1200 ft2
1906
6704 W FOREST PRESERVE DR
Rent To Own
Harwood Heights
Single Family Home
Harwood Heights, IL 60706
3
3
1326 ft2
1998
1748 W Rascher Ave
Rent To Own
Edgewater
Townhouse/Condo
Chicago, IL 60640
2
1
0 ft2
1913
6334 N SHERIDAN RD #3C
Rent To Own
Edgewater
Townhouse/Condo
Chicago, IL 60660
1
1
800 ft2
1928
5537 N CANFIELD AVE
Rent To Own
Norwood Park
Single Family Home
Chicago, IL 60656
2
2
1284 ft2
1946
1 of 22 2S110 COLONIAL LN
Rent To Own
 
Single Family Home
Lombard, IL 60148
4
2
1944 ft2
1965
7350 N RIDGE BLVD #22C
Rent To Own
West Rogers Park
Townhouse/Condo
Chicago, IL 60645
3
2
0 ft2
1930
7403 N HOYNE AVE #1
Rent To Own
Rogers Park
Townhouse/Condo
Chicago, IL 60645
2
2
800 ft2
1930
1 of 5 1517 W Jonquil Ter
Rent To Own
 
Multifamily (2 - 4 Units)
Chicago, IL 60626
2
1
1100 ft2
2000
1 of 2 7620 S CALUMET AVE
Rent To Own
Chatham
Single Family Home
Chicago, IL 60619
4
4
1386 ft2
1921
1 of 28 918 West 194th Street
Rent To Own
North End
Multifamily (2 - 4 Units)
Chicago Heights, IL 60411
3
2
1900 ft2
1948
20606 GARDNER AVE
Rent To Own
Olympia Fields
Single Family Home
Chicago Heights, IL 60411
3
1
1643 ft2
1954
Hot
1 of 24 20090 INVERNESS CT
Rent To Own
Olympia Fields
Townhouse/Condo
Olympia Fields, IL 60461
2
2
2015 ft2
1988
Hot
1 of 22 3490 HAWESWOOD CT
Rent To Own
Crete
Single Family Home
Crete, IL 60417
3
2
1570 ft2
1970
1 of 20 3500 INNSBRUCK LN
Rent To Own
Crete
Single Family Home
Crete, IL 60417
5
3
4190 ft2
1976
Hot
1 of 24 2922 CHAYES PARK DR
Rent To Own
Homewood
Single Family Home
Homewood, IL 60430
4
3
2688 ft2
1968
Hot
1 of 25 1804 PINE RD
Rent To Own
Homewood
Single Family Home
Homewood, IL 60430
2
2
1224 ft2
1955
1 of 38 18437 STONY ISLAND AVE
Rent To Own
 
Single Family Home
Lansing, IL 60438
5
4
3375 ft2
1944
22514 Jackson Court 4a
Rent To Own
Richton Park
Multifamily (2 - 4 Units)
Richton Park, IL 60471
1
1
720 ft2
1970
Hot
1 of 10 18911 HARDING AVE
Rent To Own
Flossmoor
Single Family Home
Flossmoor, IL 60422
3
2
1272 ft2
1975
Hot
1 of 13 3008 171ST ST
Rent To Own
Pottawatomie Hills
Townhouse/Condo
Hazel Crest, IL 60429
1
1
680 ft2
1977
1 of 12 3008 w 171st St #Dt
Rent To Own
Pottawatomie Hills
Multifamily (2 - 4 Units)
Hazel Crest, IL 60429
1
1
700 ft2
1974
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Buying a Home in Chicago Heights, IL

Chicago Heights, IL is seeing rapid growth and Chicago Heights, IL's' housing market remains optimal with an average home price that is -50% below the 2024 national average. Chicago Heights, IL is part of Cook 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 Cook is 1.38% which is above the national average, which is 0.99%.

Median Home Price in Chicago Heights, IL

Median Rent in Chicago Heights, IL

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

Top 6 Reasons to Live in Chicago Heights, IL

Lots of rental opportunities available! The real estate in Chicago Heights is mostly dominated by rental opportunities. This includes homes for rent but mostly consists of the many apartment complexes located throughout the city. Since the average price for a rental unit in Chicago Heights is below the national average, this works out for many interested parties. Both the Tenant Councilgolden Towers and Prairie Green at Dixie Crossing complexes offers some great units.

You can always buy as well! Of course, just because rentals are the predominant force in the area does not mean there is a lack of homes for sale. The average price you will find in Chicago Heights is well below the national average, giving new residents a perfect opportunity to purchase a home. When in doubt, there are also rent to own houses on the market. The Indian Hill neighborhood is one the best for home prices. Holbrook also offers some great opportunities to buy.

Enjoy a good game of golf! If playing golf is one of your interests, you will be happy to know that Chicago Heights is home to two golf courses. The Chicago Heights Country Club West Course has been around for over 100 years and offers an exciting play experience. For a shorter game, the 9 Hole East Course offers you an equally fun course to play on.

An abundance of parks to choose from! Depending on what you are looking for, the Parks Department of Chicago Heights maintains a variety of places to visit. The Local Commissioner's park is packed with all variety of facilities and equipment to use whereas parks like Alex Lopez park are much more sparse and offer a quiet place to relax and get away.

Plenty of culture to experience! Whether you want to read a book in the relaxing atmosphere of the Chicago Heights Public Library or go see at play put on by The Drama Group of Chicago Heights, there is always something to do in the area.

Participate in the community! Even though Chicago Heights tends to lean towards that city feel, there are community events year round. This includes annual events like the Chicago Heights Sister City Festival and the Tree Lighting in December.