Rent to own Homes in Glenview, IL
Growing household earnings: The combined income that an average household brings in Glenview city was $95,934 in 2011, rising from $80,730 in 2000. The Illinois average was only just $53,234 in 2011, in comparison. Spend your extra pennies earned when you rent to own in the city, at the Woodfield Shopping Mall or the Golf Mill Shopping Mall.
Glenview, IL is a great place for affordable rent-to-own homes! With a median household income of over $118,019 and a median rent of $1,810, the Glenview, 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 Glenview, 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 Glenview, IL Property Resources
Rent to own Homes in Cities Near Glenview, IL
- Bannockburn
- Bedford Park
- Berkeley
- Bridgeview
- Broadview
- Burbank
- Carpentersville
- Downers Grove
- East Dundee
- Elmhurst
- Forest Park
- Gages Lake
- Glendale Heights
- Glen Ellyn
- Glenview
- Golf
- Grayslake
- Green Oaks
- Hainesville
- Hanover Park
- Hawthorn Woods
- Highland Park
- Highwood
- Hodgkins
- Indian Creek
- Knollwood
- La Grange Park
- Lake Barrington
- Lakemoor
- Lake Villa
- Lincolnshire
- Lombard
- Long Lake
- Maywood
- Melrose Park
- Mundelein
- Naperville
- Oak Brook
- Old Mill Creek
- Palatine
- Park City
- Port Barrington
- Rosemont
- Round Lake
- Schaumburg
- Schiller Park
- Volo
- Wauconda
- Westchester
- Willow Springs
Neighborhoods in Glenview, IL
The Willows rent to own homes Indian Ridge rent to own homes Downtown Glenview rent to own homes The Glen rent to own homesPopular Zip Codes in Glenview, IL
60082 rent to own homes 60025 rent to own homes 60026 rent to own homesBuying a Home in Glenview, IL
Glenview, IL is seeing rapid growth and Glenview, IL's' housing market remains not optimal with an average home price that is 129% above the 2024 national average. Glenview, 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 Glenview, IL
Median Rent in Glenview, IL
Top 9 Reasons to Live in Glenview
Real estate values are rising: The average value of a house in the was $4,63,982 in 2011, rising from its value at $3,02,200 in the year 2000. In comparison, the state average value of a rent to own house was $1,78,500 in 2011. Celebrate at the Magnificent Mile, which is a 13 block road located on North Michigan Avenue, and world renowned for its high end dining and shopping options.
Low unemployment level: The unemployment level in Glenview was 7.1% in July 2013 versus the 9.5% rate in Illinois. Increase your knowledge and keep on track with your neighbors. Visit the Illinois Holocaust Museum and Education Center and The Grove, both of which offer you an intense historical learning experience.
Low crime rate: The crime rate has been considerably lower than the state figures, between the period 1999 to 2011. Feel safe in your own town when you rent to own a home, and enjoy yourself at the Glenn Town Center, which offers a lake, walking trails, retail therapy, and also houses the Kohl Children's Museum.
Walk through the gardens or lounge in the park: Take a walk through the flowers at the Chicago Botanical Gardens or relax at Millennium Park, and enjoy the water fountains, sculptures, and regular concerts.
Watch a live concert and visit a world famous tower: Visit the Allstate Concert Arena and catch a live music show. Then head down to the Willis Tower, more popularly known as Sears Tower, one of the tallest buildings ever erected.
Bet at the races or go see a baseball game: Feeling lucky? Head over to Arlington Park Race Track and put your money on your favorite horse. Walk down to Wrigley Field, which plays home to the Major League Baseball's Chicago Cubs.
Test your own sporty skills: Drive down to the Glacier Ice Arena where you can try your hand at ice skating or catch an ice hockey match. The Glen Club is a regular haunt for both, professional as well as novice golfers, and is rated as one of the best public golf courses in the state.
Visit a theme park: Plan a trip to the Six Flags Great America, where you can go on ride after exhilarating ride, including themed attractions like Superman and Batman, the Ride. Visit Six Flags Hurricane Harbor which is a large water park which boasts one of the biggest wave pools in America.