Rent to own Homes in Darien, IL
Darien is a bustling community on Chicago's doorstep with all the amenities that a prospective resident might be looking for, from an active nightlife scene to community-sponsored activities throughout the year. Residents of Darien can enjoy spending time in the Indian Prairie Public Library or hit the golfing green at the Carriage Greens Country Club. The world-renowned Argonne National Laboratory is in nearby Lemont, and frequently sponsors activities in the area.
Darien, IL is a great place for affordable rent-to-own homes! With a median household income of over $100,771 and a median rent of $1,472, the Darien, 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 Darien, 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 Darien, IL Property Resources
Rent to own Homes in Cities Near Darien, IL
- Alsip
- Batavia
- Bedford Park
- Berkeley
- Bridgeview
- Broadview
- Burbank
- Downers Grove
- Elmhurst
- Fairmont
- Forest Park
- Frankfort
- Frankfort Square
- Glendale Heights
- Glen Ellyn
- Glenview
- Hanover Park
- Hillside
- Hodgkins
- Homer Glen
- Hometown
- Itasca
- La Grange Park
- Lockport
- Lombard
- Manhattan
- Markham
- Maywood
- Melrose Park
- Merrionette Park
- Midlothian
- Mokena
- Mooseheart
- Naperville
- Oak Brook
- Oak Forest
- Palatine
- Palos Heights
- Plainfield
- Ridgewood
- Rockdale
- Rosemont
- Schaumburg
- Schiller Park
- South Elgin
- Streamwood
- Warrenville
- Wayne
- Westchester
- Willow Springs
Neighborhoods in Darien, IL
Hinsbrook rent to own homesPopular Zip Codes in Darien, IL
60561 rent to own homesBuying a Home in Darien, IL
Darien, IL is seeing rapid growth and Darien, IL's' housing market remains not optimal with an average home price that is 55% above the 2024 national average. Darien, IL is part of DuPage 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 DuPage is 1.71% which is above the national average, which is 0.99%.
Median Home Price in Darien, IL
Median Rent in Darien, IL
Top 4 Reasons to Move to Darien, IL
Enjoy Chicago's public transportation! Although it's a challenge to get from one place to another on your own two feet, you don't have to own a car to get around. Thanks to Darien's Pace commuter bus system and the Chicago region's Metra rail, residents can park the car and avoid rush-hour gridlock. Because public transportation is a popular choice among Darien's residents, the air is less polluted from fewer exhaust-producing vehicles. Of course, if you're in a hurry and there's no bus in sight, you can always flag down a cab.
Visit your very own park district! Some towns have parks. Darien has its own park district. To top that off, there's a multi-rink Darien sports complex off Plainfield Road that contains a field house for hockey and basketball. Though many of Darien's hockey clubs hit the ice here, there's still time for public skating. If ice isn't appealing, consider one of Darien's 19 green spaces that include soccer and baseball fields, basketball courts, playgrounds, and pavilions for those afternoon picnics. If you're into action of another sort, enjoy an afternoon of paintball fun at Take Aim, off of Lemont Road.
There are plenty of vacancies! Whether you're looking for a rent to own home or an apartment or duplex, you'll find it in Darien. Fifteen percent of Darien's residents live in a rental property. On average, vacancy rates here are relatively low at 3.4%. Some areas of the community have more opportunities than others, however. The Lace neighborhood, home to the Farmingdale Terrace Park, has the highest individual vacancy rate at 8.6%. Although this is slightly lower than the national average, this area boasts a variety of rental houses and apartments, sure to meet the needs of future residents.
Home appreciation rates are rising! It's no wonder that Darien attracts new residents every year and the value of real estate here continues to rise. It's a perfect excuse to look into rent to own houses, as homes in Darien appreciated 7.5% over the last year, and are expected to continue the upward trend. For the most reasonable home prices, check out the Lake Drive/Frontage Road neighborhood, location of Willowbrook Park and the Potbelly Sandwich Shop.