Rent to own Homes in Freeport, IL

Site of the second senatorial debate between Abraham Lincoln and Stephen A. Douglas, today Freeport is a city in Stephenson County with a population of 25,638. Nicknamed the Pretzel City, USA because its settlers from Germany founded a pretzel company in the town, Freeport has much to offer local residents. In addition to being home to the oldest Carnegie Library in Illinois, Freeport also has more than 300 acres of park land available to residents.

Freeport, IL is a great place for affordable rent-to-own homes! With a median household income of over $39,787 and a median rent of $669, the Freeport, 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 Freeport, 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 Freeport, 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 113 1219 2ND ST N
Rent to Own Eligible
 
Single Family Home
Monroe, WI 53566
3
4
2184 ft2
New
311 S WRIGHT ST
Rent to Own Eligible
 
Single Family Home
Orfordville, WI 53576
4
1
1700 ft2
619 EMMANUEL CT
Rent to Own Eligible
 
Single Family Home
Evansville, WI 53536
3
3
2790 ft2
2003
433 W MAIN ST
Rent to Own Eligible
 
Single Family Home
Evansville, WI 53536
3
1
1976 ft2
1960
336 S 1ST ST
Rent to Own Eligible
 
Single Family Home
Evansville, WI 53536
5
3
3726 ft2
1894
227 W MAIN ST
Rent to Own Eligible
 
Single Family Home
Evansville, WI 53536
3
2
3171 ft2
1900
5603 W FENRICK RD
Rent to Own Eligible
 
Single Family Home
Janesville, WI 53548
3
3
2337 ft2
1991
1 of 24 3908 W COUNTY ROAD M
Rent to Own Eligible
 
Single Family Home
Edgerton, WI 53534
4
2
1258 ft2
3233 W Knox Dr
Rent To Own
 
Single Family Home
Freeport, IL 61032
3
2
2056 ft2
Hot
2243 E RIVER RD
Rent To Own
 
Single Family Home
Freeport, IL 61032
2
2
2772 ft2
Hot
1 of 18 231 HANCOCK DR
Rent To Own
 
Townhouse/Condo
Orangeville, IL 61060
2
2
1200 ft2
1999
1 of 34 7332 BEST RD
Rent To Own
 
Single Family Home
Pecatonica, IL 61063
4
2
2800 ft2
1970
Hot
1 of 17 428 W LOCUST ST
Rent To Own
 
Single Family Home
Lanark, IL 61046
4
2
1328 ft2
1940
Hot
1 of 41 14414 E WASHINGTON ST
Rent To Own
 
Single Family Home
Durand, IL 61024
3
2
2450 ft2
1979
1 of 18 N. 3438 Aebly Rd
Rent To Own
 
Multifamily (2 - 4 Units)
Monroe, WI 53566
4
3
2864 ft2
1959
1 of 18 11057 SMITH RD
Rent To Own
 
Single Family Home
Pecatonica, IL 61063
4
3
2200 ft2
1916
1 of 21 601 5TH ST
Rent To Own
 
Single Family Home
Brodhead, WI 53520
4
2
1840 ft2
1943
2072 State Route 26
Rent To Own
 
Single Family Home
Dixon, IL 61021
3
1
1300 ft2
1960
1 of 13 5338 E ASPEN CT
Rent To Own
 
Single Family Home
Byron, IL 61010
3
3
2400 ft2
1998
511 DEVONSHIRE ST
Rent To Own
 
Single Family Home
Dixon, IL 61021
3
1
1256 ft2
1974
Hot
1 of 30 7317 MONTAGUE RD
Rent To Own
 
Single Family Home
Rockford, IL 61102
3
2
1504 ft2
1968
205 E 7TH ST
Rent To Own
 
Single Family Home
Rock Falls, IL 61071
2
1
820 ft2
1 of 19 503 W 11TH ST
Rent To Own
 
Single Family Home
Rock Falls, IL 61071
3
3
2200 ft2
1987
2857 State Route 84
Rent To Own
 
Single Family Home
Thomson, IL 61285
5
2
2404 ft2
1 of 13 3404 RIVERVIEW RD
Rent To Own
 
Single Family Home
Thomson, IL 61285
3
2
1400 ft2
2007
Hot
1 of 23 302 ALAN ST
Rent To Own
 
Single Family Home
Ashton, IL 61006
3
2
2038 ft2
1996
Hot
1 of 38 345 S MADISON ST
Rent To Own
 
Single Family Home
Evansville, WI 53536
2
1
1350 ft2
1890
1 of 30 14721 FENTON RD
Rent To Own
 
Single Family Home
Morrison, IL 61270
3
1
1350 ft2
1962
1 of 13 1625 8TH ST
Rent To Own
 
Single Family Home
Fulton, IL 61252
4
2
1840 ft2
Hot
419 19TH AVE
Rent To Own
 
Single Family Home
Fulton, IL 61252
3
2
2000 ft2
1908
563 PINE MEADOW DR
Rent To Own
 
Single Family Home
Dixon, IL 61021
6
3
3096 ft2
2010
367 OAK ST
Rent To Own
 
Single Family Home
Evansville, WI 53536
3
2
1528 ft2
2019
New
1841 REVERE ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Freeport, IL 61032
3
2
1080 ft2
1971
New
728 W LINCOLN BLVD
Auction
 
Single Family Home
Freeport, IL 61032
4
2
1724 ft2
1917
New
7 W SOUTH ST
Auction
 
Single Family Home
Freeport, IL 61032
4
1
1690 ft2
1900
New
320 N WHISTLER AVE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Freeport, IL 61032
2
1
825 ft2
1955
New
1 of 5 201 W BROADWAY ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Freeport, IL 61032
3
2
1655 ft2
1897
New
1 of 5 16 E WAYNE ST
Auction
 
Single Family Home
Freeport, IL 61032
3
2
1872 ft2
1912
New
1440 S BURCHARD AVE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Freeport, IL 61032
2
1
942 ft2
1952
New
1315 S OAK AVE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Freeport, IL 61032
4
1
1560 ft2
1922
New
1 of 14 1239 S STATE AVE
Auction
 
Single Family Home
Freeport, IL 61032
2
1
978 ft2
1955
New
1238 W LOGAN ST
Auction
 
Single Family Home
Freeport, IL 61032
2
1
908 ft2
1962
318 W STEARNS ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Freeport, IL 61032
3
1
1393 ft2
1892
1 of 57 3 N PARK BLVD
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Freeport, IL 61032
3
2
1780 ft2
1917
Map
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61032 rent to own homes

Buying a Home in Freeport, IL

Freeport, IL is seeing rapid growth and Freeport, IL's' housing market remains optimal with an average home price that is -69% below the 2024 national average. Freeport, IL is part of Stephenson 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 Stephenson is 2.28% which is above the national average, which is 0.99%.

Median Home Price in Freeport, IL

Median Rent in Freeport, IL

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

Top 5 Reasons to Live In Freeport, Illinois

Numerous parks! When it comes to outdoor recreation, it is hard to beat the eight parks that are in Freeport. Named as one of the top recreational facilities in the state, Krape Park is home to several soccer fields and features a beautiful limestone waterfall. Head to the Oakdale Nature Preserves for 130 acres of streams, conservation land, and forests. Guests can also enjoy a nature center, campsites and an outdoor theater at Oakdale.

Plenty to do! Learn about local history at the Stephenson County Historical Society. Opened in 1980 to preserve and display artifacts commemorating historical milestones, the museum is open daily for tours. Save a beautiful day to explore the Don Opel Arboretum, which features more than 3,000 species of trees, shrubs and flowers.

Institutes for learning! Freeport is home to two colleges: Highland Community College and Columbia College Freeport. As a result, the city is alive and bustling with several thousands college students from September through May. Not only do the colleges add much needed life to the city, but residents are also invited to on-campus performances and to use the state-of-the-art research facilities and libraries at both schools.

Plenty of listings! The number of homes listed for sale in Freeport is at an all time high, with more 100 properties available. As a result, Freeport is a buyer's market because you have plenty of inventory to choose from. Newcomers may want to consider a rent to own home in a neighborhood like the German Valley or S. West Avenue before buying their dream place.

Low list prices! The average list price for a single family home in Freeport is just $99,294. When compared to nearby towns like Lake Summerset at $198,149 and Lena at $131,048, it's clear that Freeport is a bargain. Communities like S. Van Brooklyn Road and Locust Avenue offer the best bang for your buck.