Rent to own Homes in Minonk, IL

Minonk, IL is a great place for affordable rent-to-own homes! With a median household income of over $55,515 and a median rent of $867, the Minonk, 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 Minonk, 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 Minonk, IL rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
1 of 33 23 PEBBLEBROOK CT
Rent To Own
Fox Creek Road
Single Family Home
Bloomington, IL 61705
5
4
4709 ft2
1997
1 of 24 108 N SEIGEL ST
Rent To Own
 
Single Family Home
Lostant, IL 61334
3
2
1910 ft2
1982
1 of 43 112 MALLARD WAY
Rent To Own
 
Single Family Home
Hudson, IL 61748
4
4
4524 ft2
2019
1 of 17 106 Champion Dr
Rent To Own
 
Multifamily (2 - 4 Units)
Chenoa, IL 61726
3
2
2016 ft2
2001
1 of 25 813 GREEN ST
Rent To Own
 
Single Family Home
Henry, IL 61537
3
3
1958 ft2
1978
1 of 20 309 W 2ND ST
Rent To Own
 
Single Family Home
Oglesby, IL 61348
2
2
1169 ft2
1956
1 of 18 304 BELVIEW AVE
Rent To Own
 
Single Family Home
Normal, IL 61761
3
2
1580 ft2
1961
Hot
1 of 38 3193 MARIMARSH LN
Rent To Own
 
Single Family Home
Normal, IL 61761
4
4
3111 ft2
2005
Hot
1 of 47 115 N ADELAIDE ST
Rent To Own
 
Single Family Home
Normal, IL 61761
4
2
2800 ft2
1955
Hot
1 of 12 309 N DIVISION ST
Rent To Own
 
Single Family Home
Granville, IL 61326
2
1
700 ft2
Hot
1 of 28 20 ARDITH DR
Rent To Own
 
Single Family Home
Normal, IL 61761
3
1
2200 ft2
1964
Hot
22 BLACK PARTRIDGE RUN
Rent To Own
 
Single Family Home
Hopewell, IL 61565
3
3
1836 ft2
1978
132 Hollyhock Lane
Rent To Own
 
Multifamily (2 - 4 Units)
Metamora, IL 61548
4
1
1660 ft2
1980
1 of 59 5 SMOKEY CT
Rent To Own
Hawthorne Hills
Single Family Home
Bloomington, IL 61704
5
3
5196 ft2
2001
1628 N 2510TH RD
Rent To Own
 
Single Family Home
Ottawa, IL 61350
3
3
1734 ft2
1978
Hot
1 of 36 906 E LOCUST ST
Rent To Own
 
Single Family Home
Bloomington, IL 61701
4
2
1776 ft2
1910
Hot
1 of 6 5 NORTHCREST CT
Rent To Own
Country Club Place-Northcrest
Single Family Home
Bloomington, IL 61701
4
4
4163 ft2
1969
1 of 14 #2 Woodhaven Court
Rent To Own
 
Multifamily (2 - 4 Units)
Metamora, IL 61548
3
2
1500 ft2
1981
1 of 30 503 SOMERSET DR
Rent To Own
 
Single Family Home
Germantown Hills, IL 61548
6
3
3209 ft2
2012
1 of 6 901 S HINSHAW AVE
Rent To Own
 
Single Family Home
Bloomington, IL 61701
3
3
2004 ft2
1984
Hot
1 of 14 120 N TERRY ST
Rent To Own
 
Single Family Home
Spring Valley, IL 61362
4
2
1200 ft2
1942
Hot
1 of 42 3305 CUMBRIA DR
Rent To Own
Old Farm Lakes
Single Family Home
Bloomington, IL 61704
2
3
2141 ft2
1991
1 of 8 710 HICKORY CREEK CT
Rent To Own
 
Single Family Home
Metamora, IL 61548
3
3
2300 ft2
1992
1 of 22 1142 W CEDAR CT
Rent To Own
 
Single Family Home
Chillicothe, IL 61523
4
2
1906 ft2
1977
1 of 21 8 EMERALD CREST CT
Rent To Own
Fox Creek Road
Single Family Home
Bloomington, IL 61705
5
5
4200 ft2
2006
1 of 12 5307 E RICHLAND AVE
Rent To Own
 
Single Family Home
Chillicothe, IL 61523
3
1
1013 ft2
1950
1 of 17 2802 BUNN ST
Rent To Own
 
Single Family Home
Bloomington, IL 61704
3
1
2400 ft2
1979
Hot
1 of 28 325 N PENNSYLVANIA AVE
Rent To Own
 
Single Family Home
Morton, IL 61550
5
4
3279 ft2
2015
1 of 34 226 POCONO AVE
Rent To Own
 
Single Family Home
Morton, IL 61550
5
4
3550 ft2
2016
1 of 31 105 WHISTLING STRAIT
Rent To Own
 
Single Family Home
Washington, IL 61571
4
3
3646 ft2
2011
Hot
1 of 20 309 N OKLAHOMA AVE
Rent To Own
 
Single Family Home
Morton, IL 61550
3
3
1459 ft2
1969
1 of 23 410 LOTUS LN
Rent To Own
 
Single Family Home
Washington, IL 61571
3
1
1009 ft2
1959
1 of 38 428 W MAIN ST
Rent To Own
 
Single Family Home
Stanford, IL 61774
3
2
1216 ft2
1897
Hot
1 of 46 2800 TURNBERRY DR
Rent To Own
 
Single Family Home
Ottawa, IL 61350
4
2
1704 ft2
2002
Hot
1 of 4 117 CAMELIN DR
Rent To Own
 
Single Family Home
Washington, IL 61571
4
3
5341 ft2
2022
Hot
1 of 19 360 S GLEN AVE
Rent To Own
 
Single Family Home
Morton, IL 61550
4
3
1907 ft2
1948
1 of 14 196 TUSCANY CT
Rent To Own
 
Single Family Home
Morton, IL 61550
3
3
1902 ft2
2014
Hot
1 of 26 104 LEE CT
Rent To Own
 
Single Family Home
East Peoria, IL 61611
3
2
1144 ft2
1989
252 SHEFFIELD RD
Rent To Own
 
Single Family Home
Groveland, IL 61535
4
2
1995 ft2
1974
Hot
1 of 19 439 S MAIN ST
Rent To Own
 
Single Family Home
Seneca, IL 61360
4
2
2100 ft2
1993
1 of 14 180 S MAIN ST
Rent To Own
 
Single Family Home
Seneca, IL 61360
3
1
1076 ft2
1940
1 of 22 617 CELEBRATION DR
Rent To Own
 
Single Family Home
Princeton, IL 61356
4
2
2253 ft2
2008
133 S WILLOW ST
Auction
 
Single Family Home
Toluca, IL 61369
2
1
1025 ft2
1940
305 S PARK ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Long Point, IL 61333
2
1
1680 ft2
1981
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Buying a Home in Minonk, IL

Minonk, IL is seeing rapid growth and Minonk, IL's' housing market remains optimal with an average home price that is -50% below the 2024 national average. Minonk, IL is part of Woodford 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 Woodford is 1.9% which is above the national average, which is 0.99%.

Median Home Price in Minonk, IL

Median Rent in Minonk, IL

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