Rent to own Homes in Evanston, IL

Evanston, Illinois, is an idyllic city on the shore of Lake Michigan. It grew out of its early rail links with Chicago and has continued to prosper because of how easy it is to go to and from the city. Evanston has a rich calendar of cultural and artistic events, which befits a city that has produced many famous actors and actresses, the most notable being two-time Academy Award winner Marlon Brando.

Evanston, IL is a great place for affordable rent-to-own homes! With a median household income of over $82,335 and a median rent of $1,433, the Evanston, 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 Evanston, 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 Evanston, IL rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
1 of 5 1517 W Jonquil Ter
Rent To Own
 
Multifamily (2 - 4 Units)
Chicago, IL 60626
2
1
1100 ft2
2000
7403 N HOYNE AVE #1
Rent To Own
Rogers Park
Townhouse/Condo
Chicago, IL 60645
2
2
800 ft2
1930
7350 N RIDGE BLVD #22C
Rent To Own
West Rogers Park
Townhouse/Condo
Chicago, IL 60645
3
2
0 ft2
1930
6334 N SHERIDAN RD #3C
Rent To Own
Edgewater
Townhouse/Condo
Chicago, IL 60660
1
1
800 ft2
1928
1748 W Rascher Ave
Rent To Own
Edgewater
Townhouse/Condo
Chicago, IL 60640
2
1
0 ft2
1913
5913 MONROE ST
Rent To Own
Morton Grove
Single Family Home
Morton Grove, IL 60053
3
2
1830 ft2
1960
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
2745 N HAMPDEN CT #2E
Rent To Own
Lincoln Park
Townhouse/Condo
Chicago, IL 60614
3
1
1100 ft2
1916
5537 N CANFIELD AVE
Rent To Own
Norwood Park
Single Family Home
Chicago, IL 60656
2
2
1284 ft2
1946
1 of 14 8809 West Golf Road
Rent To Own
 
Multifamily (2 - 4 Units)
Niles, IL 60714
2
2
1600 ft2
1976
1355 N SANDBURG TER #407D
Rent To Own
Near North Side
Townhouse/Condo
Chicago, IL 60610
1
1
0 ft2
1964
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
222 N COLUMBUS DR #3203
Rent To Own
The Loop
Townhouse/Condo
Chicago, IL 60601
2
2
1225 ft2
2001
2906 W WILCOX ST
Rent To Own
East Garfield Park
Townhouse/Condo
Chicago, IL 60612
9
3
2832 ft2
1905
838 S SCOVILLE AVE #1
Rent To Own
 
Townhouse/Condo
Oak Park, IL 60304
1
1
800 ft2
1923
812 N RIVER RD #2A
Rent To Own
 
Townhouse/Condo
Mount Prospect, IL 60056
2
1
1000 ft2
1983
1550 S INDIANA AVE #412
Rent To Own
South Loop
Townhouse/Condo
Chicago, IL 60605
2
2
1100 ft2
1905
5739 S CALUMET AVE #3N
Rent To Own
Washington Park
Townhouse/Condo
Chicago, IL 60637
3
2
1400 ft2
1901
5856 S PRAIRIE AVE #3
Rent To Own
Washington Park
Townhouse/Condo
Chicago, IL 60637
3
2
1250 ft2
2004
1 of 75 5555 S Everett Ave
Rent To Own
 
Single Family Home
Chicago, IL 60637
4
3
2400 ft2
1924
7115 S SAINT LAWRENCE AVE
Rent To Own
Park Manor
Townhouse/Condo
Chicago, IL 60619
6
4
2773 ft2
1890
3017 E 78th St APT 2B
Rent To Own
South Shore
Single Family Home
Chicago, IL 60649
1
1
800 ft2
1924
1 of 38 8724 S ESSEX AVE
Rent To Own
South Chicago
Single Family Home
Chicago, IL 60617
5
3
1987 ft2
1924
Hot
9519 S FOREST AVE
Rent To Own
Roseland
Single Family Home
Chicago, IL 60628
3
2
1100 ft2
1960
956 W 115TH PL
Rent To Own
Morgan Park
Townhouse/Condo
Chicago, IL 60643
3
2
731 ft2
1966
1 of 22 2S110 COLONIAL LN
Rent To Own
 
Single Family Home
Lombard, IL 60148
4
2
1944 ft2
1965
1200 WESTFIELD WAY
Rent To Own
Town And Country
Single Family Home
Mundelein, IL 60060
4
3
3379 ft2
1997
12A Kingery Quarter Rd #104
Rent To Own
 
Single Family Home
Willowbrook, IL 60527
1
1
800 ft2
1981
7343 Country Creek Way UNIT 4
Rent To Own
 
Single Family Home
Downers Grove, IL 60516
2
2
972 ft2
1975
1408 KENMORE AVE
Rent To Own
Round Lake Beach Ridgewood
Single Family Home
Round Lake Beach, IL 60073
3
1
968 ft2
1955
Hot
2015 ROLLING RIDGE LN
Rent To Own
Lindenhurst
Single Family Home
Lindenhurst, IL 60046
2
2
1475 ft2
1961
8609 LAKESHORE DR
Rent To Own
 
Single Family Home
Pleasant Prairie, WI 53158
3
3
2027 ft2
2017
26 BITTERSWEET LN
Rent To Own
 
Single Family Home
Portage, IN 46368
4
3
1966 ft2
1948
1 of 2 7620 S CALUMET AVE
Rent To Own
Chatham
Single Family Home
Chicago, IL 60619
4
4
1386 ft2
1921
3620 122ND ST
Rent to Own Eligible
 
Single Family Home
Pleasant Prairie, WI 53158
3
3
1741 ft2
1998
Hot New
10840 39TH AVE
Rent to Own Eligible
 
Single Family Home
Pleasant Prairie, WI 53158
2
1
1380 ft2
1976
9838 LAKESHORE DR
Rent to Own Eligible
 
Single Family Home
Pleasant Prairie, WI 53158
4
4
3583 ft2
2005
1 of 35 9411 LAKESHORE DR
Rent to Own Eligible
 
Single Family Home
Pleasant Prairie, WI 53158
3
2
1568 ft2
1959
5007 104TH ST
Rent to Own Eligible
 
Single Family Home
Pleasant Prairie, WI 53158
4
3
2002 ft2
2000
4753 S Cottage Ln
Rent to Own Eligible
 
Townhouse/Condo
Pleasant Prairie, WI 53158
4
3
2400 ft2
2020
6846 102ND ST #1-6
Rent to Own Eligible
 
Townhouse/Condo
Pleasant Prairie, WI 53158
2
2
1267 ft2
2003
12001 120TH CT
Rent to Own Eligible
 
Single Family Home
Pleasant Prairie, WI 53158
2
2
1500 ft2
1948
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Buying a Home in Evanston, IL

Evanston, IL is seeing rapid growth and Evanston, IL's' housing market remains not optimal with an average home price that is 88% above the 2024 national average. Evanston, 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 Evanston, IL

Median Rent in Evanston, IL

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

Top Reasons to Live in Evanston IL

Housing Statistics Rent to own homes and rented properties account for 44% of Evanston homes, while 48% of properties are owned. The remaining 8% are vacant. Evanston has a 19% annual resident turnover rate. The city has seen growth both in terms of number of sales and the median sales price. There were 296 sales between May and July 2013, with the median sales price being $348,000.

School Systems The city has one public high school, Evanston Township High School, that educates 3,000 students between grades 9 and 12 and is overseen by Evanston Township High School District 202. Primary schools in the area are covered by the Evanston-Skokie Community Consolidated School District 65. There are also several independent schools that aren't associated with the city's public school districts, including Roycemore School, which educates students from pre-kindergarten to grade 12.

Local Events and Festivals From June through August, you can attend free outdoor concerts featuring a diverse range of music - there's everything from indie-rock to jazz - at six different parks around the city. A turn of bad weather can't spoil the fun as indoor replacement sites have been set up just in case. While most people look forward to a turkey on Thanksgiving Day, residents of Evanston look forward to the Flying Turkey 5k - the perfect way to work up an appetite.

Transportation and Commutes Six CTA and four Pace bus routes operate throughout Evanston, while the Chicago L system has a line that runs throughout the city. The comprehensive public transport links both within Evanston and into Chicago mean that a massive 18.4% of Evanston residents travel to work by public transport - that's 16.6% more than the national average - while a further 11.7% of residents walk to work. However, the daily commute is five minutes longer than the national average at just under 34 minutes. While Evanston has a great public transportation system, no major highways run directly through the city.

Arts and culture Evanston has a packed arts and culture calendar, which becomes even busier during October, which is designated as Arts and Humanities month. A dedicated website - http://evanstonartsbuzz.com - keeps residents up to date with all the latest goings on. The Evanston Ethnic Arts Festival is a particular highlight: taking place every July, more than 100 countries are represented by different cuisine, dance, music and craft activities, with Evanston's lakefront providing a spectacular backdrop. Meanwhile 140 artists exhibit their art while accompanied by live blues, folk and jazz music at the Lakeshore Arts Festival in August.