Rent to own Homes in Huntley, IL
Huntley is known as "the friendly village with country charm," and it certainly lives up to its reputation. While it might have the feeling of a small-town community, according to the 2010 Census, Huntley's population is 24,291. However, there is still plenty of room to grow. Although a village in its own right, Huntley is also considered to be an outer suburb of Chicago and is only about an hour's drive from the city center.
Huntley, IL is a great place for affordable rent-to-own homes! With a median household income of over $77,420 and a median rent of $1,278, the Huntley, 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 Huntley, 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 Huntley, IL Property Resources
Rent to own Homes in Cities Near Huntley, IL
- Addison
- Barrington
- Barrington Hills
- Batavia
- Bull Valley
- Burlington
- Burtons Bridge
- Campton Hills
- Carpentersville
- Cary
- Deer Park
- DeKalb
- East Dundee
- Elgin
- Elk Grove Village
- Forest Lake
- Fox Lake
- Fox River Grove
- Genoa
- Glendale Heights
- Glen Ellyn
- Hampshire
- Hanover Park
- Hawthorn Woods
- Holiday Hills
- Kaneville
- Kildeer
- Lake Barrington
- Lake in the Hills
- Lakemoor
- Lily Lake
- McCullom Lake
- McHenry
- Mundelein
- Naperville
- North Barrington
- Palatine
- Pingree Grove
- Pistakee Highlands
- Port Barrington
- Prestbury
- Richmond
- Round Lake
- Schaumburg
- South Elgin
- Sycamore
- Volo
- Wauconda
- Wonder Lake
- Woodstock
Neighborhoods in Huntley, IL
Wing Pointe rent to own homes Coves Of Covington rent to own homes Covington Lakes rent to own homes Talamore rent to own homes Del Webb's Sun City rent to own homesPopular Zip Codes in Huntley, IL
No zip codes foundBuying a Home in Huntley, IL
Huntley, IL is seeing rapid growth and Huntley, IL's' housing market remains not optimal with an average home price that is 18% above the 2024 national average. Huntley, IL is part of McHenry 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 McHenry is 2.09% which is above the national average, which is 0.99%.
Median Home Price in Huntley, IL
Median Rent in Huntley, IL
Top 6 Reasons to Live in Huntley, IL
Gorgeous outdoor space! If you like the great outdoors, you'll love Huntley. There are lots of stunning natural open spaces, such as marshland and ponds, as well as well-maintained public parks. The largest park in the village is Deicke Park, which houses a community center and the Stingray Bay Aquatic Center. Those who prefer to take in the outdoors with a club in hand might enjoy the Whisper Creek Golf Course.
Real estate prices have fallen recently! The median sales price of homes for sale in Huntley is about the state and national average, but it has fallen slightly over the last year, which means it's a great time to pick up a real estate bargain. Areas such as Dakota Fields and Somerset are good places to look for affordable houses.
Excellent shopping! There's no need to leave Huntley to do your shopping. Downtown Huntley has a number of independent and chain stores, including Strode's Colonial Vermont Furniture. However, the place to go when looking for a bargain is the Huntley Outlet Mall, which is home to store such as Gap and Tommy Hilfiger.
Town events! Community spirit is high in Huntley and there are plenty of town events to enjoy. Highlights of the calendar include Fall Fest, the Memorial Day Parade and the Huntley Town Picnic.
Low vacancy rate! The percentage of vacant homes is less than half the national average, which means that Huntley is a popular village where residents come to settle down. Whether you're looking to buy or rent to own, it's good to know that homes are sought after, in case you want to move on. Property in neighborhoods such as Oak Crest Estates and Huntley Highlands is particularly in demand.
Great food! There are numerous places you can go to eat out in Huntley. Some local favorites include Parkside Pub and Papa G's.