Rent to own Homes in Ridgway, IL

Ridgway, IL is a great place for affordable rent-to-own homes! With a median household income of over $39,575 and a median rent of $518, the Ridgway, 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 Ridgway, 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 Ridgway, IL rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 108
Hot
726 W SLOAN ST
Rent To Own
 
Single Family Home
Harrisburg, IL 62946
3
1
1361 ft2
1930
480 GALATIA RD
Rent To Own
 
Single Family Home
Galatia, IL 62935
2
1
1000 ft2
1992
815 2ND ST
Rent To Own
 
Single Family Home
Eldorado, IL 62930
3
2
1904 ft2
2002
1 of 5 2805 HIGHLAND ST
Rent To Own
 
Single Family Home
Eldorado, IL 62930
2
1
950 ft2
1950
1 of 31 319 KARBERS RIDGE RD
Rent To Own
 
Single Family Home
Herod, IL 62947
2
2
1712 ft2
2011
1 of 7 424 W POPLAR ST
Rent To Own
 
Single Family Home
Harrisburg, IL 62946
4
3
2500 ft2
Hot
1 of 25 927 S LAND ST
Rent To Own
 
Single Family Home
Harrisburg, IL 62946
3
3
1548 ft2
1978
Hot
605 OXFORD ST
Rent To Own
 
Single Family Home
Grayville, IL 62844
3
2
1600 ft2
2008
127 MAIN ST
REO Foreclosure
 
Single Family Home
Junction, IL 62954
2
2
924 ft2
2007
1 of 32 420 N MCHENRY ST
REO Foreclosure
 
Single Family Home
Equality, IL 62934
2
1
1512 ft2
Hot
294 E MARSHALL AVE
REO Foreclosure
 
Single Family Home
Shawneetown, IL 62984
3
2
1280 ft2
2015
1 of 13 1712 GROVE ST
REO Foreclosure
 
Single Family Home
Eldorado, IL 62930
3
2
1050 ft2
1944
806 BOYD ST
REO Foreclosure
 
Single Family Home
Eldorado, IL 62930
2
2
840 ft2
2019
Hot New
1516 FISK ST
REO Foreclosure
 
Single Family Home
Eldorado, IL 62930
2
1
905 ft2
1924
213 E GASKINS ST
REO Foreclosure
 
Single Family Home
Harrisburg, IL 62946
3
2
1600 ft2
1944
105 S SHAW ST
Short Sale
 
Single Family Home
Harrisburg, IL 62946
2
2
840 ft2
1975
1 of 5 317 E NORTH ST
REO Foreclosure
 
Single Family Home
Enfield, IL 62835
2
1
950 ft2
836 5TH ST
Auction
 
Single Family Home
Uniontown, KY 42461
2
1
768 ft2
New
217 MILL ST
Auction
 
Single Family Home
Uniontown, KY 42461
3
1
325 ft2
1 of 26 1000 UPPER UPTON RD
Auction
 
Townhouse/Condo
Mount Vernon, IN 47620
2
4
2080 ft2
1890
3681 STATE ROUTE 360
REO Foreclosure
 
Single Family Home
Morganfield, KY 42437
3
2
1600 ft2
1987
620 W MIDWAY DR
REO Foreclosure
 
Single Family Home
Sturgis, KY 42459
5
1
594 ft2
1950
1 of 5 124 WALNUT ST
Auction
 
Single Family Home
Sturgis, KY 42459
3
1
1924 ft2
512 E WAVERLY ST
Pre-Foreclosure (Lis Pendens)
 
Townhouse/Condo
Morganfield, KY 42437
3
2
1536 ft2
New
625 WOLFLIN ST
Auction
 
Single Family Home
Mount Vernon, IN 47620
3
2
1734 ft2
1954
1 of 12 1510 DIVISION ST
REO Foreclosure
 
Single Family Home
Rosiclare, IL 62982
2
1
1120 ft2
Hot
205 E WALNUT ST
Short Sale
 
Single Family Home
Carrier Mills, IL 62917
2
1
780 ft2
1925
1 of 17 1820 WESTWOOD DR
REO Foreclosure
 
Single Family Home
Mount Vernon, IN 47620
3
2
1064 ft2
1984
452 WASHINGTON AVE
Auction
 
Single Family Home
Mount Vernon, IN 47620
3
2
1269 ft2
1979
1 of 9 441 LAWRENCE DR
REO Foreclosure
 
Single Family Home
Mount Vernon, IN 47620
3
2
1609 ft2
1977
Hot New
1 of 17 336 W 8TH ST
REO Foreclosure
 
Single Family Home
Mount Vernon, IN 47620
3
2
2812 ft2
1890
Hot
216 W 9TH ST
REO Foreclosure
 
Single Family Home
Mount Vernon, IN 47620
2
1
2494 ft2
1916
419 COLLEGE AVE
REO Foreclosure
 
Single Family Home
Mount Vernon, IN 47620
4
2
3000 ft2
1871
New
1 of 11 333 SOUTHWIND AVE
Auction
 
Single Family Home
Mount Vernon, IN 47620
3
2
1296 ft2
1986
New
1 of 54 1312 JEFFERSON DR
Auction
 
Single Family Home
Mount Vernon, IN 47620
3
1
1504 ft2
1956
1317 ELK ST
Auction
 
Single Family Home
Mount Vernon, IN 47620
2
1
832 ft2
1950
1 of 5 427 N THOMPSON ST
Auction
 
Single Family Home
Carrier Mills, IL 62917
2
1
1100 ft2
1 of 5 742 E 10TH ST
Auction
 
Single Family Home
Mount Vernon, IN 47620
4
2
1424 ft2
1955
1 of 17 901 E 5TH ST
REO Foreclosure
 
Single Family Home
Mount Vernon, IN 47620
3
1
1976 ft2
1940
1121 E WATER ST
REO Foreclosure
 
Single Family Home
Mount Vernon, IN 47620
3
2
1380 ft2
1968
1 of 15 1133 E WATER ST
REO Foreclosure
 
Single Family Home
Mount Vernon, IN 47620
2
2
1519 ft2
1968
1 of 10 704 STATE ROUTE 1177
Auction
 
Single Family Home
Sturgis, KY 42459
2
1
264 ft2
430 GOAD CEMETERY RD E
REO Foreclosure
 
Single Family Home
New Harmony, IN 47631
3
2
1827 ft2
1982
16629 STATE ROUTE 109
REO Foreclosure
 
Single Family Home
Sturgis, KY 42459
2
1
320 ft2
Map
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Buying a Home in Ridgway, IL

Ridgway, IL is seeing rapid growth and Ridgway, IL's' housing market remains optimal with an average home price that is -69% below the 2024 national average. Ridgway, IL is part of Gallatin 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 Gallatin is 0.98% which is below the national average, which is 0.99%.

Median Home Price in Ridgway, IL

Median Rent in Ridgway, IL

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