Rent to own Homes in Granite City, IL

Granite City, a small town in Madison County, Illinois, was founded in 1896 by two brothers, Henry and Frederick Niedringhaus, who came to the area to open a steel company. The company created kitchen products that resembled granite, but were actually made from steel, which is how the city got its name. The town continues to be a center of industry and manufacturing and is home to a variety of companies, including Kraft, Capri-Sun and Heidtman Steel.

Granite City, IL is a great place for affordable rent-to-own homes! With a median household income of over $53,545 and a median rent of $716, the Granite 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 Granite 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 Granite City, IL rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
9847 RIVERMONT DR
Rent To Own
Riverview
Single Family Home
Saint Louis, MO 63137
3
1
1144 ft2
1930
New
1 of 11 12460 PARKWOOD LN
Rent To Own
 
Single Family Home
Black Jack, MO 63033
3
2
1451 ft2
1964
2322 WHITTEMORE PL
Rent To Own
Lafayette Square
Single Family Home
Saint Louis, MO 63104
4
4
2955 ft2
1880
4100 Forest Park Ave #222
Rent To Own
Central West End
Single Family Home
Saint Louis, MO 63110
1
2
1165 ft2
2007
1 of 10 1744 GRAFTON DR
Rent To Own
Ferguson
Single Family Home
Saint Louis, MO 63136
3
1
875 ft2
1963
4318 Chouteau Ave #4318
Rent To Own
Forest Park Southeast
Single Family Home
Saint Louis, MO 63110
3
3
2552 ft2
607 BURROUGHS AVE
Rent To Own
 
Single Family Home
Collinsville, IL 62234
2
1
1035 ft2
1910
3216 MICHIGAN AVE
Rent To Own
Benton Park West
Townhouse/Condo
Saint Louis, MO 63118
3
3
1925 ft2
1912
(Undisclosed Address)
Rent To Own
Ferguson
Single Family Home
Saint Louis, MO 63135
3
2
975 ft2
1948
709 MELCHER AVE
Rent To Own
Ferguson
Single Family Home
Saint Louis, MO 63135
2
2
768 ft2
1946
1540 HORSESHOE DR
Rent To Own
 
Single Family Home
Florissant, MO 63033
3
2
1080 ft2
1958
212 W UNION ST
Rent To Own
 
Single Family Home
Edwardsville, IL 62025
3
1
1500 ft2
1930
Hot
1 of 3 4343 PORTLAND MANOR DR
Rent To Own
 
Single Family Home
Florissant, MO 63034
3
3
2487 ft2
1994
4962 PARKER AVE
Rent To Own
Northampton
Single Family Home
Saint Louis, MO 63139
4
2
2328 ft2
1930
250 DUQUETTE LN
Rent To Own
 
Single Family Home
Florissant, MO 63033
3
2
999 ft2
1957
101 4TH AVE
Rent To Own
 
Single Family Home
Edwardsville, IL 62025
5
2
2314 ft2
1977
717 RUGGLES RD
Rent To Own
Ferguson
Single Family Home
Saint Louis, MO 63135
3
1
864 ft2
1957
321 N FILLMORE ST
Rent To Own
 
Single Family Home
Edwardsville, IL 62025
3
2
1429 ft2
1881
1349 KRAFT ST
Rent To Own
Hi-Pointe
Single Family Home
Saint Louis, MO 63139
2
1
768 ft2
1946
207 JEFFERSON RD
Rent To Own
 
Single Family Home
Edwardsville, IL 62025
2
1
1000 ft2
1951
4242 WALSH ST
Rent To Own
Bevo Mill
Single Family Home
Saint Louis, MO 63116
2
2
1035 ft2
1913
7148 WISE AVE
Rent To Own
Richmond Heights
Single Family Home
Saint Louis, MO 63117
2
2
864 ft2
1961
5453 ITASKA ST
Rent To Own
The Southampton
Single Family Home
Saint Louis, MO 63109
3
2
1496 ft2
1910
Hot
8012 ALBIN AVE
Rent To Own
Wheaton
Single Family Home
Saint Louis, MO 63114
2
2
888 ft2
1947
6353 LANSDOWNE AVE
Rent To Own
St. Louis Hills
Single Family Home
Saint Louis, MO 63109
3
2
1750 ft2
1950
Hot
532 HOMESTEAD AVE
Rent To Own
 
Single Family Home
Swansea, IL 62226
3
3
3760 ft2
1988
1 of 15 3709 WINWARD WAY DR
Rent To Own
 
Single Family Home
Belleville, IL 62226
4
3
2500 ft2
2007
5200 LOUGHBOROUGH AVE
Rent To Own
Princeton Heights
Single Family Home
Saint Louis, MO 63109
3
2
1428 ft2
1923
6973 WINONA AVE
Rent To Own
Lindenwood Park
Single Family Home
Saint Louis, MO 63109
3
1
1193 ft2
1915
6425 KINSEY PL
Rent To Own
St. Louis Hills
Single Family Home
Saint Louis, MO 63109
3
2
1734 ft2
1951
1490 RANCHWOOD DR
Rent To Own
 
Single Family Home
Florissant, MO 63031
4
2
1602 ft2
1965
7411 HAZELCREST DR
Rent To Own
 
Townhouse/Condo
Hazelwood, MO 63042
3
2
1254 ft2
1965
1 Hanley Downs St
Rent To Own
Richmond Heights
Single Family Home
Saint Louis, MO 63117
3
3
2158 ft2
1955
7152 WINONA AVE
Rent To Own
Lindenwood Park
Single Family Home
Saint Louis, MO 63109
2
1
714 ft2
1949
7416 FOXMONT DR
Rent To Own
 
Single Family Home
Hazelwood, MO 63042
3
1
985 ft2
1965
701 OAKBROOK LN
Rent To Own
University City
Single Family Home
Saint Louis, MO 63132
5
3
2621 ft2
1955
8742 EULALIE AVE
Rent To Own
Brentwood
Single Family Home
Saint Louis, MO 63144
2
1
1280 ft2
1927
1004 BERMUDA DR
Rent To Own
 
Single Family Home
Edwardsville, IL 62025
3
3
2131 ft2
1999
11054 RIDGE FOREST CT
Rent To Own
Sappington
Single Family Home
Saint Louis, MO 63126
3
2
1426 ft2
1958
533 ASPEN DR
Rent To Own
Crestwood
Single Family Home
Saint Louis, MO 63126
3
2
1408 ft2
1973
4320 KENSINGTON MANOR DR
Rent To Own
Mehlville
Single Family Home
Saint Louis, MO 63128
3
4
1829 ft2
1988
1506 STARLING DR
Rent To Own
Crestwood
Single Family Home
Saint Louis, MO 63126
3
2
1783 ft2
1955
8793 FERN GLEN DR
Rent To Own
Crestwood
Single Family Home
Saint Louis, MO 63126
3
2
1515 ft2
1956
8883 WATSON WOODS CT
Rent To Own
 
Single Family Home
Saint Louis, MO 63126
3
3
1775 ft2
1955
Map
Sponsored Link

More Granite City, IL Property Resources

Rent to own Homes in Cities Near Granite City, IL

Browse all Rent to own Homes in Illinois

Neighborhoods in Granite City, IL

No neighborhoods found

Popular Zip Codes in Granite City, IL

62040 rent to own homes

Buying a Home in Granite City, IL

Granite City, IL is seeing rapid growth and Granite City, IL's' housing market remains optimal with an average home price that is -62% below the 2024 national average. Granite City, IL is part of Madison 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 Madison is 1.75% which is above the national average, which is 0.99%.

Median Home Price in Granite City, IL

Median Rent in Granite City, IL

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

Top 5 Reasons to Live in Granite City, IL

The eating is good! People who enjoy eating out at restaurants will be happy living in Granite City. The small town offers a large selection of restaurants. Residents enjoy Uncle Linny's Family Restaurant for home-cooked comfort meals, while 88 China is a popular spot for a taste of international cuisine.

Desirable living! Lots of people want to live in Granite City and the area's vacancy rate is about 9 percent. Residents enjoy the city and stay put once they've found the perfect home, which means it might take a little while to find a place to live. The area provides several parks for residents to enjoy. If you enjoy picnics, check out Wilson Park in the center of town. Scenic Horseshoe Lake offers recreational opportunities for residents who love camping, fishing or spending time on the water.

Affordable rentals! People in the market for affordable rentals or rent to own homes will find a great selection in the area. The average rent for a studio is about $543 per month, while one bedroom apartments rent for about $643 per month. Among these neighborhoods, there are a lot of convenient places to shop to stock kitchens and pantries. One of the town's best grocery shopping spots, Cionko's Inc., offers high-quality, fresh local meat, while Buck's Convenience stocks necessary items like snacks and toiletries.

Sweet treats in town! Illinois might get cold, but that doesn't mean the people of Granite City don't enjoy a good ice cream treat. New residents who have a sweet tooth will enjoy the selection of ice cream shops. Try Dairy Bar for an old fashioned ice cream parlor feel or Weather Vane Drive-In for delicious American food and an ice cream sundae.

Lots of nightlife! It's not all about eating in Granite City; people like to drink, too. The town is home to some great nightlife spots, like the classic O'Connell's Pub or Bindy's, a great place to grab a beer.