Rent to own Homes in Richmond, IL

Richmond, IL is a great place for affordable rent-to-own homes! With a median household income of over $44,265 and a median rent of $962, the Richmond, 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 Richmond, 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 Richmond, IL rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
Hot
2008 TYLER TRL
Rent To Own
Mchenry
Single Family Home
Mchenry, IL 60051
3
3
1981 ft2
2006
1408 KENMORE AVE
Rent To Own
Round Lake Beach Ridgewood
Single Family Home
Round Lake Beach, IL 60073
3
1
968 ft2
1955
Hot
2015 ROLLING RIDGE LN
Rent To Own
Lindenhurst
Single Family Home
Lindenhurst, IL 60046
2
2
1475 ft2
1961
1200 WESTFIELD WAY
Rent To Own
Town And Country
Single Family Home
Mundelein, IL 60060
4
3
3379 ft2
1997
260 GREGORY M SEARS DR
Rent To Own
 
Single Family Home
Gilberts, IL 60136
4
3
1801 ft2
2003
6328 49TH AVE
Rent To Own
Forest Park
Single Family Home
Kenosha, WI 53142
3
1
1025 ft2
1953
1609 EDINBURGH DR #117-5
Rent To Own
Tri Village
Townhouse/Condo
Bartlett, IL 60103
3
3
1826 ft2
2005
8609 LAKESHORE DR
Rent To Own
 
Single Family Home
Pleasant Prairie, WI 53158
3
3
2027 ft2
2017
812 N RIVER RD #2A
Rent To Own
 
Townhouse/Condo
Mount Prospect, IL 60056
2
1
1000 ft2
1983
1 of 14 8809 West Golf Road
Rent To Own
 
Multifamily (2 - 4 Units)
Niles, IL 60714
2
2
1600 ft2
1976
5537 N CANFIELD AVE
Rent To Own
Norwood Park
Single Family Home
Chicago, IL 60656
2
2
1284 ft2
1946
6704 W FOREST PRESERVE DR
Rent To Own
Harwood Heights
Single Family Home
Harwood Heights, IL 60706
3
3
1326 ft2
1998
1900 SWALLOW RD
Rent to Own Eligible
 
Single Family Home
Twin Lakes, WI 53181
4
5
0 ft2
2020
3159 E LAKESHORE DR
Rent to Own Eligible
 
Single Family Home
Twin Lakes, WI 53181
6
4
6599 ft2
1940
1517 PHEASANT AVE
Rent to Own Eligible
 
Single Family Home
Twin Lakes, WI 53181
2
1
848 ft2
1960
New
407 Parker Dr
Rent to Own Eligible
 
Townhouse/Condo
Genoa City, WI 53128
2
3
1296 ft2
1500 DIETRICH DR
Rent to Own Eligible
 
Single Family Home
Twin Lakes, WI 53181
3
4
2516 ft2
1920
1 of 26 1006 MALLARD LN
Rent to Own Eligible
 
Single Family Home
Genoa City, WI 53128
3
3
1480 ft2
New
2117 MATTHEW AVE
Rent to Own Eligible
 
Single Family Home
Twin Lakes, WI 53181
3
2
2616 ft2
2018
1 of 21 39422 104TH ST
Rent to Own Eligible
 
Single Family Home
Genoa City, WI 53128
2
2
1104 ft2
1950
583 OAKWOOD TRL
Rent to Own Eligible
 
Single Family Home
Twin Lakes, WI 53181
3
3
2069 ft2
1929
131 Lance Dr
Rent to Own Eligible
 
Townhouse/Condo
Twin Lakes, WI 53181
2
2
1140 ft2
1978
New
9225 400TH AVE
Rent to Own Eligible
 
Single Family Home
Genoa City, WI 53128
4
3
2310 ft2
1991
39810 LAKE PARK CT
Rent to Own Eligible
 
Single Family Home
Genoa City, WI 53128
7
6
8808 ft2
1994
40415 91ST ST
Rent to Own Eligible
 
Single Family Home
Genoa City, WI 53128
3
3
1176 ft2
1963
New
8934 389TH AVE
Rent to Own Eligible
 
Single Family Home
Burlington, WI 53105
3
2
1790 ft2
1954
12065 333RD AVE
Rent to Own Eligible
 
Single Family Home
Twin Lakes, WI 53181
3
2
1990 ft2
1970
34318 BASSETT RD
Rent to Own Eligible
 
Townhouse/Condo
Burlington, WI 53105
5
3
3770 ft2
1910
7552 334TH AVE
Rent to Own Eligible
 
Single Family Home
Burlington, WI 53105
4
3
3091 ft2
1925
10530 304TH AVE
Rent to Own Eligible
 
Single Family Home
Burlington, WI 53105
3
2
1876 ft2
1964
3210 DYER LAKE RD
Rent to Own Eligible
 
Single Family Home
Burlington, WI 53105
5
5
3055 ft2
1991
422 N SCHOOL ST
Rent to Own Eligible
Silver Lake
Single Family Home
Silver Lake, WI 53170
4
2
1812 ft2
1958
11325 274TH AVE
Rent to Own Eligible
Camp Lake
Single Family Home
Trevor, WI 53179
1
1
400 ft2
1938
1 of 57 8909 279TH AVE
Rent to Own Eligible
Hi Woods
Single Family Home
Salem, WI 53168
2
1
504 ft2
1950
11126 270TH AVE
Rent to Own Eligible
Camp Lake
Single Family Home
Trevor, WI 53179
3
1
1250 ft2
1936
27452 SILVER LAKE RD
Rent to Own Eligible
Hi Woods
Single Family Home
Salem, WI 53168
2
5
5701 ft2
2018
26217 100TH ST
Rent to Own Eligible
Camp Lake
Single Family Home
Salem, WI 53168
4
3
2702 ft2
1974
27820 60TH ST
Rent to Own Eligible
 
Single Family Home
Salem, WI 53168
3
2
2128 ft2
1940
New
25141 85TH ST
Rent to Own Eligible
 
Single Family Home
Salem, WI 53168
3
2
1363 ft2
1963
156 DUANE ST
Rent to Own Eligible
 
Single Family Home
Burlington, WI 53105
4
4
3964 ft2
1945
201 S KANE ST
Rent to Own Eligible
 
Single Family Home
Burlington, WI 53105
5
2
4708 ft2
1901
353 CHURCH ST
Rent to Own Eligible
 
Single Family Home
Burlington, WI 53105
3
3
2169 ft2
1971
452 STORLE AVE
Rent to Own Eligible
 
Single Family Home
Burlington, WI 53105
4
2
2154 ft2
1970
New
6324 245TH AVE
Rent to Own Eligible
Paddock Lake
Single Family Home
Salem, WI 53168
3
2
1450 ft2
2018
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Neighborhoods in Richmond, IL

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Popular Zip Codes in Richmond, IL

60071 rent to own homes

Buying a Home in Richmond, IL

Richmond, IL is seeing rapid growth and Richmond, IL's' housing market remains optimal with an average home price that is -11% below the 2024 national average. Richmond, 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 Richmond, IL

Median Rent in Richmond, IL

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