Rent to own Homes in Homer Glen, IL
Incorporated in 2001, Homer Glen is a village that has positioned itself as one of the top places to live in northern Illinois. The 24,000 residents of Homer Glen afford the village a small-town USA feel with all the amenities and culture of a big city nearby. As such, Homer Glen's proximity to Chicago, pleasant neighborhood and abundance of open, green spaces have made it an attractive destination for homeowners.
Homer Glen, IL is a great place for affordable rent-to-own homes! With a median household income of over $108,783 and a median rent of $1,190, the Homer Glen, 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 Homer Glen, 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 Homer Glen, IL Property Resources
Rent to own Homes in Cities Near Homer Glen, IL
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- Batavia
- Bedford Park
- Berkeley
- Bridgeview
- Broadview
- Burbank
- Burr Ridge
- Calumet Park
- Chicago Heights
- Countryside
- Crest Hill
- Crestwood
- Crystal Lawns
- Downers Grove
- Elmhurst
- Fairmont
- Flossmoor
- Forest Park
- Frankfort
- Frankfort Square
- Glendale Heights
- Glen Ellyn
- Glenview
- Hanover Park
- Hodgkins
- Hometown
- Homewood
- La Grange Park
- Lockport
- Lombard
- Manhattan
- Markham
- Maywood
- Melrose Park
- Merrionette Park
- Midlothian
- Mokena
- Naperville
- Oak Brook
- Oak Forest
- Palos Heights
- Palos Park
- Park Forest
- Phoenix
- Plainfield
- Rosemont
- Tinley Park
- Woodridge
- Worth
Neighborhoods in Homer Glen, IL
No neighborhoods foundPopular Zip Codes in Homer Glen, IL
60491 rent to own homesBuying a Home in Homer Glen, IL
Homer Glen, IL is seeing rapid growth and Homer Glen, IL's' housing market remains not optimal with an average home price that is 55% above the 2024 national average. Homer Glen, IL is part of Will 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 Will is 2.05% which is above the national average, which is 0.99%.
Median Home Price in Homer Glen, IL
Median Rent in Homer Glen, IL
Top 5 Reasons to Live in Glen, IL
See the Universe! It's pretty extraordinary to live in a town that has been awarded the honor of being an International Dark Sky Community (IDSC), which means that light pollution is minimal and the wonders of the universe can be seen in all the vivid glory in the night sky. Homer Glen was designated as an IDSC in 2011 and regularly hosts community star-gazing evenings at the nearby Trantina Farm, located off of W 151st St, bringing the starry sky in the hearts and minds of residents and visitors alike.
Explore the outdoors! Homer Glen has made an admirable effort to promote nature in the neighborhood in recent years. Find some natural serenity at the Messenger Woods and Homer Trails forest preserves or don your hiking boots and spend an afternoon hiking with friends along the Homer Glen Heroes Trail, a trail system named in honor of the heroes who make Homer Glen great.
A wise investment! Homer Glen's proximity to Chicago and abundance of green spaces, including Stonebridge Park and the upcoming Erin Hills Park, have made it a desirable destination for homeowners. House prices in Homer Glen have risen 9.3% in the past year and are predicted to rise by a further 3.1% over the next year, suggesting that the investment for those who buy or rent to own a home will be rewarded in the future.
Enjoy Chicago's finest food! Homer Glen offers an excellent range of dining choices which means you can find the perfect place to eat close your property. Choose from bistro, Italian, Chinese or pizza restaurant and settle in for a great night with friends or family. Le Crepe Bistro, located on the strip mall on S. Bell Road, is considered the best place in town for fine dining.
Housing options! With over 8,000 housing units in Homer Glen you're sure to find the perfect household size, style and accommodation for your perfect home. Options include multi-bedroom mansions in the leafy roads around Messenger Marsh or 2-bedroom apartment complexes near the Woodbine Golf course.