Rent to own Homes in Roselle, IL
Roselle was once a farm town reaping a bountiful crop of corn. It has shown good economic growth over time and is now within the Chicago Metropolis Regional Map. Located in the northeast part of Illinois, this village is a haven for water lovers, with an abundance of lakes, ponds and springs. Flowing from the DuPage river, Spring Creek is a popular landmark of Roselle, as is Turner Pond, which is situated toward the northern end of the city center.
Roselle, IL is a great place for affordable rent-to-own homes! With a median household income of over $92,470 and a median rent of $1,400, the Roselle, 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 Roselle, 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 Roselle, IL Property Resources
Rent to own Homes in Cities Near Roselle, IL
- Addison
- Barrington
- Barrington Hills
- Batavia
- Bensenville
- Berkeley
- Boulder Hill
- Bull Valley
- Campton Hills
- Carpentersville
- Clarendon Hills
- Deer Park
- Des Plaines
- Downers Grove
- Dundee
- East Dundee
- Elgin
- Elk Grove Village
- Elmhurst
- Fox Lake
- Fox River Grove
- Glendale Heights
- Grayslake
- Hainesville
- Hampshire
- Hawthorn Woods
- Holiday Hills
- Indian Creek
- Kildeer
- Lake Barrington
- Lake in the Hills
- Lakemoor
- Lincolnshire
- McCullom Lake
- Mettawa
- Mundelein
- North Barrington
- Northbrook
- Palatine
- Pingree Grove
- Port Barrington
- Riverwoods
- Round Lake
- St. Charles
- Trout Valley
- Volo
- Wauconda
- West Chicago
- West Dundee
- Woodridge
Neighborhoods in Roselle, IL
Village Of Roselle rent to own homesPopular Zip Codes in Roselle, IL
60172 rent to own homesBuying a Home in Roselle, IL
Roselle, IL is seeing rapid growth and Roselle, IL's' housing market remains not optimal with an average home price that is 23% above the 2024 national average. Roselle, IL is part of DuPage 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 DuPage is 1.71% which is above the national average, which is 0.99%.
Median Home Price in Roselle, IL
Median Rent in Roselle, IL
Top 6 reasons to live in Roselle, IL
Happier residents and growing incomes! As per the 2012 census, the average household earnings are around $77,000 versus where it stood at $65,300 a decade back. Statistics show that residents of Roselle are known to stay longer in their rented apartments after having settled in, as compared to residents of Illinois state as a whole. However, the percentage of renters is below the average of the state, depicting the perfect opportunity to make Roselle your home. Spend your evenings keeping in shape at the CrossFit Centre or at XDef Fitness in the city.
Low unemployment and low crime rates! Residents of Roselle show a keener interest in education, with a higher percentage of the city's rental house owners owning a Bachelor's or Master's degree as compared to the Illinois average. The crime rates are also lower than the state figures. Laugh your way to good health at the Laugh Out Loud Theater situated on N Martingale Road in Schaumburg or sample wines on your day off at the Lynfred Winery situated on Roselle Road.
Try your hand at bowling! Rent to own in Roselle and spend your days off work trying to master the art of bowling at the Brunswick Zone where billiards, bowling and video gaming sessions are on offer. The Strike Ten Lanes and Lounge center is another bowling arena to check out.
Witness the Rose Festival! The Rose Festival situated on Irving Park Road is a free annual festival of fun, food, music and games hosted by the city's Lions Club. It is held at the beginning of summer and its carnival rides are spectacular.
Play make-believe at Pirates' Cove entertainment center! Another summer hangout for the little ones, Pirates' Cove is an amusement theme park which is open between June and August each year. Situated in Elk Grove Village, on 901 Leicester Road, this entertainment park is the perfect area to let your imagination run wild and explore your creativity.