Rent to own Homes in Grandwood Park, IL

Grandwood Park, IL is a great place for affordable rent-to-own homes! With a median household income of over $127,155 and a median rent of $1,454, the Grandwood Park, 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 Grandwood Park, 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 Grandwood Park, IL rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
Hot
2015 ROLLING RIDGE LN
Rent To Own
Lindenhurst
Single Family Home
Lindenhurst, IL 60046
2
2
1475 ft2
1961
1408 KENMORE AVE
Rent To Own
Round Lake Beach Ridgewood
Single Family Home
Round Lake Beach, IL 60073
3
1
968 ft2
1955
1200 WESTFIELD WAY
Rent To Own
Town And Country
Single Family Home
Mundelein, IL 60060
4
3
3379 ft2
1997
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
 
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
 
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
2745 N HAMPDEN CT #2E
Rent To Own
Lincoln Park
Townhouse/Condo
Chicago, IL 60614
3
1
1100 ft2
1916
1355 N SANDBURG TER #407D
Rent To Own
Near North Side
Townhouse/Condo
Chicago, IL 60610
1
1
0 ft2
1964
12001 120TH CT
Rent to Own Eligible
 
Single Family Home
Pleasant Prairie, WI 53158
2
2
1500 ft2
1948
New
22316 121ST ST
Rent to Own Eligible
Lake Shangri La
Single Family Home
Bristol, WI 53104
4
2
1238 ft2
1988
6846 102ND ST #1-6
Rent to Own Eligible
 
Townhouse/Condo
Pleasant Prairie, WI 53158
2
2
1267 ft2
2003
3620 122ND ST
Rent to Own Eligible
 
Single Family Home
Pleasant Prairie, WI 53158
3
3
1741 ft2
1998
5007 104TH ST
Rent to Own Eligible
 
Single Family Home
Pleasant Prairie, WI 53158
4
3
2002 ft2
2000
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
8448 E RIDGE DR
Rent to Own Eligible
 
Single Family Home
Pleasant Prairie, WI 53158
6
4
5039 ft2
2004
Hot New
10840 39TH AVE
Rent to Own Eligible
 
Single Family Home
Pleasant Prairie, WI 53158
2
1
1380 ft2
1976
8115 W RIDGE DR
Rent to Own Eligible
 
Single Family Home
Pleasant Prairie, WI 53158
5
4
3765 ft2
2001
4753 S Cottage Ln
Rent to Own Eligible
 
Townhouse/Condo
Pleasant Prairie, WI 53158
4
3
2400 ft2
2020
8948 62ND AVE
Rent to Own Eligible
 
Townhouse/Condo
Pleasant Prairie, WI 53158
2
2
1771 ft2
2011
New
1 of 61 7926 Williamsburg Ct
Rent to Own Eligible
 
Townhouse/Condo
Bristol, WI 53104
2
3
2220 ft2
2005
7918 FREDRICKSBURG CT #103
Rent to Own Eligible
 
Townhouse/Condo
Bristol, WI 53104
2
2
2220 ft2
2006
New
7328 148TH AVE
Rent to Own Eligible
 
Single Family Home
Kenosha, WI 53142
4
3
3336 ft2
2006
New
7305 148TH AVE
Rent to Own Eligible
 
Single Family Home
Kenosha, WI 53142
3
2
2160 ft2
2005
1 of 25 15017 73RD ST
Rent to Own Eligible
 
Single Family Home
Kenosha, WI 53142
4
2
2808 ft2
2010
7409 98TH AVE #K
Rent to Own Eligible
White Caps
Townhouse/Condo
Kenosha, WI 53142
2
2
1084 ft2
1995
7409 98TH AVE #1E
Rent to Own Eligible
White Caps
Townhouse/Condo
Kenosha, WI 53142
2
1
1100 ft2
1995
9930 74th St
Rent to Own Eligible
White Caps
Townhouse/Condo
Kenosha, WI 53142
2
2
1442 ft2
2001
7116 95TH AVE
Rent to Own Eligible
White Caps
Single Family Home
Kenosha, WI 53142
4
3
2220 ft2
2000
11325 274TH AVE
Rent to Own Eligible
Camp Lake
Single Family Home
Trevor, WI 53179
1
1
400 ft2
1938
11126 270TH AVE
Rent to Own Eligible
Camp Lake
Single Family Home
Trevor, WI 53179
3
1
1250 ft2
1936
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Buying a Home in Grandwood Park, IL

Grandwood Park, IL is seeing rapid growth and Grandwood Park, IL's' housing market remains not optimal with an average home price that is 17% above the 2024 national average. Grandwood Park, 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 Grandwood Park, IL

Median Rent in Grandwood Park, IL

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