Rent to own Homes in Edwardsville, IL
Edwardsville is blessed with scenic beauty and rich historic heritage. With a population of around 24,100 citizens, it has seen an average growth of 14 percent in the past decade. Walking, hiking and biking trails can be found in abundance and include many pet-friendly trails. This area is well-placed near to the bustling city of St. Louis, which means a host of nearby job opportunities.
Edwardsville, IL is a great place for affordable rent-to-own homes! With a median household income of over $75,271 and a median rent of $921, the Edwardsville, 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 Edwardsville, 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 Edwardsville, IL Property Resources
Rent to own Homes in Cities Near Edwardsville, IL
- Bellefontaine Neighbors
- Belleville
- Black Jack
- Brighton
- Brooklyn
- Bunker Hill
- Castle Point
- Centreville
- Cool Valley
- Country Club Hills
- Dellwood
- Dorchester
- Dorsey
- Dupo
- East Alton
- Fairmont City
- Gillespie
- Glasgow Village
- Hamel
- Hartford
- Holiday Shores
- Lake Ka-Ho
- Livingston
- Marine
- Maryville
- Mascoutah
- Millstadt
- Mount Clare
- Northwoods
- Norwood Court
- Pasadena Park
- Piasa
- Pierron
- Pontoon Beach
- Rosewood Heights
- Roxana
- Royal Lakes
- Sawyerville
- Smithton
- South Roxana
- Staunton
- St. Jacob
- St. Louis
- Summerfield
- Swansea
- Trenton
- Uplands Park
- Velda Village Hills
- West Alton
- Wood River
Neighborhoods in Edwardsville, IL
No neighborhoods foundPopular Zip Codes in Edwardsville, IL
62026 rent to own homesBuying a Home in Edwardsville, IL
Edwardsville, IL is seeing rapid growth and Edwardsville, IL's' housing market remains not optimal with an average home price that is 9% above the 2024 national average. Edwardsville, IL is part of Madison 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 Madison is 1.75% which is above the national average, which is 0.99%.
Median Home Price in Edwardsville, IL
Median Rent in Edwardsville, IL
Top 6 Reasons to Live in Edwardsville, IL
Low Cost of Living and Rising Popularity as a Residential Area! With a low cost of living index, standing at 3.5 percent lower than the country median, Edwardsville is a favored residential area. This is reflected in the rising cost of buying a home, having risen by 6 percent the past year. For those seeking to rent or rent to own, this is a great time to invest. The St. Charles Historic District affords a vintage charm with horse carriages and cobbled streets. Hidden Valley offers skiing options and a 1200 foot Polar Plunge Tubing Slope.
Strong job market and a low crime rate allow a better quality of life! The town has a relatively low unemployment rate of 6 percent and jobs have increased by 4 percent in the past year. Crime rates are significantly below the US average and make Edwardsville a safe residential neighborhood. Spend your saved pennies on a day out in the neighborhood at Six Flags St. Louis theme park or at Edison's Entertainment Complex.
Watch a butterfly emerge from a chrysalis! Explore over 40 acres of forests, wetlands and walking trails at the Watershed Nature Center. Then be amazed watching butterflies emerge from their chrysalises at the Sachs Butterfly House in Chesterfield.
Visit a museum to learn about the town's history! Head to the National Great Rivers Museum to learn about the role of the Mississippi River in the country's history. Then go over to visit the Lewis & Clark Center in Missouri where you can glean information on great historic explorers.
Great location to settle in! Located a mere 15 minutes from St. Louis, it is close to bustling city life. The town shows promising economic growth and is gaining popularity as a residential hub. Try neighborhoods around Montclaire Avenue or Bluff Junction.
Sit on a vintage carousel! Enjoy go-karting and rock climbing at The NASCAR Speedpark; and visit the St. Louis Carousel at Faust Park which has been popular since 1929, when it was crafted by the Dentzel Company.