Rent to own Homes in Farmer City, IL

Farmer City, IL is a great place for affordable rent-to-own homes! With a median household income of over $66,591 and a median rent of $880, the Farmer City, 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 Farmer City, 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 Farmer City, IL rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 440
105 N COLER AVE
Rent To Own
 
Single Family Home
Urbana, IL 61801
5
2
1890 ft2
1914
1 of 33 23 PEBBLEBROOK CT
Rent To Own
Fox Creek Road
Single Family Home
Bloomington, IL 61705
5
4
4709 ft2
1997
1 of 26 1749 W FOREST AVE
Rent To Own
West End
Single Family Home
Decatur, IL 62522
6
2
0 ft2
907 S LONGVIEW RD
Rent To Own
 
Single Family Home
Monticello, IL 61856
3
2
1187 ft2
Hot
1 of 37 19685 MALLINGHAM WAY
Rent To Own
 
Single Family Home
Bloomington, IL 61705
4
4
4202 ft2
1993
1 of 19 61 GLENBROOK LN
Rent To Own
 
Single Family Home
Fisher, IL 61843
3
2
1288 ft2
1980
1 of 9 184 E.Claremont St.
Rent To Own
 
Multifamily (2 - 4 Units)
Argenta, IL 62501
3
3
2210 ft2
2001
Hot
314 E JEFFERSON ST
Rent To Own
 
Single Family Home
Clinton, IL 61727
4
3
3438 ft2
1918
1 of 29 46 PARK LN
Rent To Own
 
Single Family Home
Clinton, IL 61727
3
3
1371 ft2
1971
Hot
1 of 42 3305 CUMBRIA DR
Rent To Own
Old Farm Lakes
Single Family Home
Bloomington, IL 61704
2
3
2141 ft2
1991
1 of 38 3813 FIELDS SOUTH CT
Rent To Own
 
Single Family Home
Champaign, IL 61822
3
2
1944 ft2
1974
1 of 53 1004 CHURCHILL DOWNS DR
Rent To Own
 
Single Family Home
Champaign, IL 61822
4
3
2836 ft2
1998
1 of 28 7986 MACCORY DR
Rent To Own
 
Single Family Home
Oreana, IL 62554
3
1
1176 ft2
1962
1 of 59 5 SMOKEY CT
Rent To Own
Hawthorne Hills
Single Family Home
Bloomington, IL 61704
5
3
5196 ft2
2001
1 of 17 2802 BUNN ST
Rent To Own
 
Single Family Home
Bloomington, IL 61704
3
1
2400 ft2
1979
1 of 20 3501 MILL CREEK CT
Rent To Own
Cherry Hills
Single Family Home
Champaign, IL 61822
4
3
2400 ft2
1999
Hot
1 of 6 5 NORTHCREST CT
Rent To Own
Country Club Place-Northcrest
Single Family Home
Bloomington, IL 61701
4
4
4163 ft2
1969
Hot
1 of 20 617 DOISY LN
Rent To Own
Ashland Park
Single Family Home
Champaign, IL 61822
4
3
1627 ft2
2006
Hot
1 of 38 3193 MARIMARSH LN
Rent To Own
 
Single Family Home
Normal, IL 61761
4
4
3111 ft2
2005
1 of 19 808 West Park Avenue #1
Rent To Own
 
Multifamily (2 - 4 Units)
Champaign, IL 61820
2
1
1380 ft2
1923
5036 SILVERADO LN
Rent To Own
 
Single Family Home
Clinton, IL 61727
5
4
4490 ft2
2004
1 of 33 1906 GALEN DR
Rent To Own
Bolten Field
Single Family Home
Champaign, IL 61821
3
2
1144 ft2
1960
Hot
1 of 36 906 E LOCUST ST
Rent To Own
 
Single Family Home
Bloomington, IL 61701
4
2
1776 ft2
1910
1 of 26 310 E LEVERETT RD
Rent To Own
 
Single Family Home
Champaign, IL 61822
4
2
1417 ft2
1953
Hot
1 of 28 20 ARDITH DR
Rent To Own
 
Single Family Home
Normal, IL 61761
3
1
2200 ft2
1964
1 of 20 5415 PIN OAK LN
Rent To Own
 
Single Family Home
Decatur, IL 62521
4
4
1900 ft2
2001
1 of 6 5 Evergreen Circle,Unit D
Rent To Own
 
Multifamily (2 - 4 Units)
Savoy, IL 61874
2
2
1300 ft2
1 of 6 901 S HINSHAW AVE
Rent To Own
 
Single Family Home
Bloomington, IL 61701
3
3
2004 ft2
1984
1 of 21 8 EMERALD CREST CT
Rent To Own
Fox Creek Road
Single Family Home
Bloomington, IL 61705
5
5
4200 ft2
2006
Hot
1 of 47 115 N ADELAIDE ST
Rent To Own
 
Single Family Home
Normal, IL 61761
4
2
2800 ft2
1955
1 of 18 304 BELVIEW AVE
Rent To Own
 
Single Family Home
Normal, IL 61761
3
2
1580 ft2
1961
611 W CALIFORNIA AVE
Rent To Own
 
Single Family Home
Urbana, IL 61801
4
2
1493 ft2
1903
1 of 47 784 SPYGLASS BLVD
Rent To Own
 
Single Family Home
Forsyth, IL 62535
3
3
2701 ft2
1998
1 of 11 704 Shorewood Dr. #1
Rent To Own
Shorewood
Multifamily (2 - 4 Units)
Decatur, IL 62521
2
2
1154 ft2
1984
Hot
1 of 49 1242 RAPTOR LN
Rent To Own
 
Single Family Home
Forsyth, IL 62535
4
4
4012 ft2
2010
1 of 24 212 PRAIRIE LN
Rent To Own
 
Single Family Home
Forsyth, IL 62535
4
4
2800 ft2
2008
Hot
1 of 22 4188 E LAKE SHORE DR
Rent To Own
Homewood
Single Family Home
Decatur, IL 62521
2
2
1316 ft2
1928
1 of 14 4441 North Waterford Court
Rent To Own
Cresthaven
Multifamily (2 - 4 Units)
Decatur, IL 62526
2
2
1505 ft2
1996
1 of 36 442 W ASH AVE
Rent To Own
Windsor Village
Single Family Home
Decatur, IL 62526
4
4
2216 ft2
1975
Hot
1 of 22 809 E LARMON ST
Rent To Own
 
Single Family Home
Tolono, IL 61880
3
3
2126 ft2
2001
1 of 27 440 SHERIDAN DR
Rent To Own
Bayview
Single Family Home
Decatur, IL 62521
3
2
1488 ft2
1957
1 of 57 2625 DAY DR
Rent To Own
 
Single Family Home
Decatur, IL 62521
4
5
3390 ft2
2005
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Buying a Home in Farmer City, IL

Farmer City, IL is seeing rapid growth and Farmer City, IL's' housing market remains optimal with an average home price that is -45% below the 2024 national average. Farmer City, IL is part of De Witt 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 De Witt is 1.55% which is above the national average, which is 0.99%.

Median Home Price in Farmer City, IL

Median Rent in Farmer City, IL

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