Rent to own Homes in Gages Lake, IL

Gages Lake, IL is a great place for affordable rent-to-own homes! With a median household income of over $93,837 and a median rent of $1,476, the Gages Lake, 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 Gages Lake, 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 Gages Lake, IL rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 440
Hot
2015 ROLLING RIDGE LN
Rent To Own
Lindenhurst
Single Family Home
Lindenhurst, IL 60046
2
2
1475 ft2
1961
1200 WESTFIELD WAY
Rent To Own
Town And Country
Single Family Home
Mundelein, IL 60060
4
3
3379 ft2
1997
1408 KENMORE AVE
Rent To Own
Round Lake Beach Ridgewood
Single Family Home
Round Lake Beach, IL 60073
3
1
968 ft2
1955
6328 49TH AVE
Rent To Own
Forest Park
Single Family Home
Kenosha, WI 53142
3
1
1025 ft2
1953
8609 LAKESHORE DR
Rent To Own
 
Single Family Home
Pleasant Prairie, WI 53158
3
3
2027 ft2
2017
Hot
2008 TYLER TRL
Rent To Own
Mchenry
Single Family Home
Mchenry, IL 60051
3
3
1981 ft2
2006
812 N RIVER RD #2A
Rent To Own
 
Townhouse/Condo
Mount Prospect, IL 60056
2
1
1000 ft2
1983
1 of 14 8809 West Golf Road
Rent To Own
North Shore
Multifamily (2 - 4 Units)
Niles, IL 60714
2
2
1600 ft2
1976
5913 MONROE ST
Rent To Own
Morton Grove
Single Family Home
Morton Grove, IL 60053
3
2
1830 ft2
1960
5537 N CANFIELD AVE
Rent To Own
Norwood Park
Single Family Home
Chicago, IL 60656
2
2
1284 ft2
1946
1609 EDINBURGH DR #117-5
Rent To Own
Tri Village
Townhouse/Condo
Bartlett, IL 60103
3
3
1826 ft2
2005
6704 W FOREST PRESERVE DR
Rent To Own
Harwood Heights
Single Family Home
Harwood Heights, IL 60706
3
3
1326 ft2
1998
7350 N RIDGE BLVD #22C
Rent To Own
West Rogers Park
Townhouse/Condo
Chicago, IL 60645
3
2
0 ft2
1930
7403 N HOYNE AVE #1
Rent To Own
Rogers Park
Townhouse/Condo
Chicago, IL 60645
2
2
800 ft2
1930
1 of 5 1517 W Jonquil Ter
Rent To Own
North Shore
Multifamily (2 - 4 Units)
Chicago, IL 60626
2
1
1100 ft2
2000
260 GREGORY M SEARS DR
Rent To Own
 
Single Family Home
Gilberts, IL 60136
4
3
1801 ft2
2003
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
4636 N Racine Ave APT 2, Chicago, IL 60640
Rent To Own
Uptown
Single Family Home
Chicago, IL 60640
2
1
1200 ft2
1906
838 S SCOVILLE AVE #1
Rent To Own
 
Townhouse/Condo
Oak Park, IL 60304
1
1
800 ft2
1923
2745 N HAMPDEN CT #2E
Rent To Own
Lincoln Park
Townhouse/Condo
Chicago, IL 60614
3
1
1100 ft2
1916
2906 W WILCOX ST
Rent To Own
East Garfield Park
Townhouse/Condo
Chicago, IL 60612
9
3
2832 ft2
1905
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
Hot
222 N COLUMBUS DR #3203
Rent To Own
The Loop
Townhouse/Condo
Chicago, IL 60601
2
2
1225 ft2
2001
505 N LAKE SHORE DR #6601
Rent To Own
Near North Side
Townhouse/Condo
Chicago, IL 60611
3
4
2975 ft2
1970
1550 S INDIANA AVE #412
Rent To Own
South Loop
Townhouse/Condo
Chicago, IL 60605
2
2
1100 ft2
1905
12001 120TH CT
Rent to Own Eligible
 
Single Family Home
Pleasant Prairie, WI 53158
2
2
1500 ft2
1948
New
8552 122ND ST
Rent to Own Eligible
 
Single Family Home
Pleasant Prairie, WI 53158
4
5
4981 ft2
2003
22316 121ST ST
Rent to Own Eligible
Lake Shangri La
Single Family Home
Bristol, WI 53104
4
2
1238 ft2
1988
New
12502 234TH AVE
Rent to Own Eligible
Cross Lake
Single Family Home
Trevor, WI 53179
4
4
2896 ft2
1955
New
6311 116TH ST
Rent to Own Eligible
 
Single Family Home
Pleasant Prairie, WI 53158
4
2
2130 ft2
1955
New
3540 124TH ST
Rent to Own Eligible
 
Single Family Home
Pleasant Prairie, WI 53158
3
3
1400 ft2
1993
3620 122ND ST
Rent to Own Eligible
 
Single Family Home
Pleasant Prairie, WI 53158
3
3
1741 ft2
1998
6846 102ND ST #1-6
Rent to Own Eligible
 
Townhouse/Condo
Pleasant Prairie, WI 53158
2
2
1267 ft2
2003
New
10830 47TH AVE
Rent to Own Eligible
 
Single Family Home
Pleasant Prairie, WI 53158
3
2
1485 ft2
1961
New
10348 51ST CT
Rent to Own Eligible
 
Single Family Home
Pleasant Prairie, WI 53158
3
3
3059 ft2
2005
5007 104TH ST
Rent to Own Eligible
 
Single Family Home
Pleasant Prairie, WI 53158
4
3
2002 ft2
2000
New
4937 103RD ST
Rent to Own Eligible
 
Single Family Home
Pleasant Prairie, WI 53158
4
3
2603 ft2
2012
10840 39TH AVE
Rent to Own Eligible
 
Single Family Home
Pleasant Prairie, WI 53158
2
1
1380 ft2
1976
9304 226TH AVE
Rent to Own Eligible
 
Single Family Home
Salem, WI 53168
3
2
2266 ft2
2019
9132 222ND AVE
Rent to Own Eligible
 
Single Family Home
Salem, WI 53168
4
3
2502 ft2
2016
8345 108TH AVE
Rent to Own Eligible
 
Single Family Home
Pleasant Prairie, WI 53158
3
2
1400 ft2
1970
8448 E RIDGE DR
Rent to Own Eligible
 
Single Family Home
Pleasant Prairie, WI 53158
6
4
5039 ft2
2004
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Buying a Home in Gages Lake, IL

Gages Lake, IL is seeing rapid growth and Gages Lake, IL's' housing market remains not optimal with an average home price that is 12% above the 2024 national average. Gages Lake, IL is part of Lake 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 Lake is 2.19% which is above the national average, which is 0.99%.

Median Home Price in Gages Lake, IL

Median Rent in Gages Lake, IL

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