Rent to own Homes in Monroe Center, IL

Monroe Center, IL is a great place for affordable rent-to-own homes! With a median household income of over $75,833 and a median rent of $825, the Monroe Center, 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 Monroe Center, 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 Monroe Center, IL rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
918 E GRAND AVE
Rent to Own Eligible
 
Single Family Home
Beloit, WI 53511
4
1
1544 ft2
1904
318 MOORE ST
Rent to Own Eligible
Near Westside Hackett
Single Family Home
Beloit, WI 53511
3
1
1320 ft2
1906
New
1211 BUSHNELL ST
Rent to Own Eligible
 
Single Family Home
Beloit, WI 53511
4
2
1786 ft2
1905
1 of 40 1324 CHAPIN ST
Rent to Own Eligible
 
Single Family Home
Beloit, WI 53511
2
3
2320 ft2
1969
1 of 53 643 PARK AVE
Rent to Own Eligible
 
Single Family Home
Beloit, WI 53511
5
3
4416 ft2
1900
921 CHAPIN ST
Rent to Own Eligible
 
Single Family Home
Beloit, WI 53511
5
3
2172 ft2
1910
Hot New
1614 EMERSON ST
Rent to Own Eligible
 
Single Family Home
Beloit, WI 53511
5
4
4656 ft2
1926
725 VINE ST
Rent to Own Eligible
Near Westside Hackett
Townhouse/Condo
Beloit, WI 53511
4
3
2344 ft2
1870
949 WISCONSIN AVE
Rent to Own Eligible
 
Townhouse/Condo
Beloit, WI 53511
5
2
2132 ft2
1895
1 of 175 1005 8TH ST
Rent to Own Eligible
 
Single Family Home
Beloit, WI 53511
3
2
1357 ft2
1918
1044 OAK ST
Rent to Own Eligible
 
Single Family Home
Beloit, WI 53511
4
2
2040 ft2
1912
1256 LA SALLE ST
Rent to Own Eligible
 
Single Family Home
Beloit, WI 53511
3
1
1085 ft2
1915
1270 PRAIRIE AVE
Rent to Own Eligible
Merrill
Single Family Home
Beloit, WI 53511
4
2
2406 ft2
1920
1125 HACKETT ST
Rent to Own Eligible
 
Single Family Home
Beloit, WI 53511
3
1
1144 ft2
1905
1328 NELSON AVE
Rent to Own Eligible
Merrill
Single Family Home
Beloit, WI 53511
4
1
1248 ft2
1923
New
1132 OLYMPIAN BLVD
Rent to Own Eligible
 
Single Family Home
Beloit, WI 53511
2
2
1176 ft2
1960
1 of 44 1677 FAYETTE AVE
Rent to Own Eligible
Merrill
Single Family Home
Beloit, WI 53511
2
1
1092 ft2
1941
New
1822 TOWNLINE AVE
Rent to Own Eligible
 
Single Family Home
Beloit, WI 53511
3
2
1623 ft2
1957
New
2063 S AFTON RD
Rent to Own Eligible
 
Single Family Home
Beloit, WI 53511
3
3
2640 ft2
2007
826 SHARPES CT
Rent to Own Eligible
 
Single Family Home
Beloit, WI 53511
1
1
480 ft2
1947
2160 S WISCONSIN AVE
Rent to Own Eligible
 
Single Family Home
Beloit, WI 53511
1
1
484 ft2
1940
New
1865 VIRGINIA ST
Rent to Own Eligible
 
Single Family Home
Beloit, WI 53511
3
2
1200 ft2
1963
New
2601 SARAH LN
Rent to Own Eligible
 
Single Family Home
Beloit, WI 53511
3
3
2856 ft2
2002
2680 SARAH LN
Rent to Own Eligible
 
Single Family Home
Beloit, WI 53511
4
3
3254 ft2
1999
2541 S FLORENCE DR
Rent to Own Eligible
 
Single Family Home
Beloit, WI 53511
3
2
1339 ft2
1957
1 of 67 879 E INMAN PKWY
Rent to Own Eligible
 
Single Family Home
Beloit, WI 53511
4
2
2390 ft2
1950
3018 S Petunia Ln
Rent to Own Eligible
 
Townhouse/Condo
Beloit, WI 53511
2
2
2360 ft2
1992
1 of 66 767 E JONQUIL CT
Rent to Own Eligible
 
Single Family Home
Beloit, WI 53511
3
1
1590 ft2
1977
New
300 MAPLE AVE
Rent to Own Eligible
 
Single Family Home
Clinton, WI 53525
2
1
922 ft2
1952
New
727 LINCOLN AVE
Rent to Own Eligible
Near Westside Hackett
Single Family Home
Beloit, WI 53511
3
1
1360 ft2
1939
Hot
1 of 36 5647 PALISADES PKWY
Rent To Own
 
Single Family Home
Rockford, IL 61109
3
2
1636 ft2
1976
1 of 29 2667 SIERRA DR
Rent To Own
 
Single Family Home
Rockford, IL 61109
3
2
1932 ft2
1966
Hot
1 of 14 3986 RICHARD DR
Rent To Own
 
Single Family Home
Cherry Valley, IL 61016
4
4
1863 ft2
1993
Hot
1 of 18 2424 LINDALE RD
Rent To Own
 
Single Family Home
Rockford, IL 61109
3
2
1111 ft2
1953
Hot
2412 26TH ST
Rent To Own
Rolling Green
Single Family Home
Rockford, IL 61108
3
1
1470 ft2
1938
Hot
1 of 25 3315 CAROLINA AVE
Rent To Own
Rolling Green
Single Family Home
Rockford, IL 61108
3
2
1384 ft2
1948
Hot
2731 BILDAHL ST
Rent To Own
 
Single Family Home
Rockford, IL 61109
2
1
893 ft2
1948
2638 BILDAHL ST
Rent To Own
 
Single Family Home
Rockford, IL 61109
3
1
1100 ft2
1948
1 of 8 91 RIVERS EDGE DR
Rent To Own
 
Townhouse/Condo
Cherry Valley, IL 61016
2
2
1723 ft2
2004
1 of 10 146 WAYNE RD
Rent To Own
 
Single Family Home
Rochelle, IL 61068
4
3
1440 ft2
1994
6790 CHERRY VALLEY RD
Rent To Own
 
Single Family Home
Kingston, IL 60145
3
2
1600 ft2
1970
1 of 2 512 SANDRA LN
Rent To Own
 
Townhouse/Condo
Rockford, IL 61107
4
3
3000 ft2
1965
Hot
1 of 14 630 ROME AVE
Rent To Own
North Highland Square
Single Family Home
Rockford, IL 61107
2
1
984 ft2
1930
Hot
1 of 12 1018 LUNDVALL AVE
Rent To Own
 
Single Family Home
Rockford, IL 61107
3
2
1903 ft2
1950
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Buying a Home in Monroe Center, IL

Monroe Center, IL is seeing rapid growth and Monroe Center, IL's' housing market remains optimal with an average home price that is -44% below the 2024 national average. Monroe Center, IL is part of Ogle 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 Ogle is 1.89% which is above the national average, which is 0.99%.

Median Home Price in Monroe Center, IL

Median Rent in Monroe Center, IL

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