Rent to own Homes in Round Lake Beach, IL
Round Lake Beach, IL is one of the most beautiful communities in Lake County. Located close to the shores of Lake Michigan, it's close enough to the city to provide a convenient commute, but far enough removed to make it an excellent area to settle down. With growing real estate values, Round Lake Beach is also an great place to invest in a home.
Round Lake Beach, IL is a great place for affordable rent-to-own homes! With a median household income of over $77,207 and a median rent of $1,255, the Round Lake Beach, 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 Round Lake Beach, 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.
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Rent to own Homes in Cities Near Round Lake Beach, IL
- Antioch
- Bannockburn
- Bohners Lake
- Bristol
- Browns Lake
- Bull Valley
- Burlington
- Camp Lake
- Carpentersville
- Eagle Lake
- East Dundee
- Fox Lake
- Gages Lake
- Genoa City
- Grayslake
- Green Oaks
- Hainesville
- Hawthorn Woods
- Highland Park
- Highwood
- Holiday Hills
- Indian Creek
- Knollwood
- Lake Barrington
- Lake Catherine
- Lake in the Hills
- Lake Ivanhoe
- Lakemoor
- Lake Villa
- Lily Lake
- Lincolnshire
- Long Lake
- McCullom Lake
- Paddock Lake
- Palatine
- Pell Lake
- Port Barrington
- Powers Lake
- Richmond
- Rochester
- Round Lake
- Salem Lakes
- Solon Mills
- Sturtevant
- Trevor
- Twin Lakes
- Union Grove
- Volo
- Wilmot
- Winthrop Harbor
Neighborhoods in Round Lake Beach, IL
Round Lake Beach Golfview rent to own homes Round Lake Beach Shorewood Golf Course rent to own homes Shorewood rent to own homes Round Lake Beach Ridgewood rent to own homes Round Lake Beach Sunset rent to own homes Willow Ridge rent to own homes Round Lake Beach Greenview rent to own homes Round Lake Beach rent to own homes Round Lake Beach Hillwood rent to own homes Round Lake Beach Channel rent to own homesPopular Zip Codes in Round Lake Beach, IL
No zip codes foundBuying a Home in Round Lake Beach, IL
Round Lake Beach, IL is seeing rapid growth and Round Lake Beach, IL's' housing market remains optimal with an average home price that is -31% below the 2024 national average. Round Lake Beach, IL is part of Lake 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 Lake is 2.19% which is above the national average, which is 0.99%.
Median Home Price in Round Lake Beach, IL
Median Rent in Round Lake Beach, IL
Top 6 Reasons to Live in Round Lake Beach, IL
Conveniently affordable home values! The median real estate value in the community of Round Lake Beach is about $137,000 -- which makes it more affordable than the rest of Illinois. This provides an excellent opportunity for new home buyers to find rent to own properties or settle into a dream house that is less expensive than the average home prices in Lake County. Check out Rollins or E Grand Ave/Rollins Lane neighborhoods.
High owner occupancy rates! Round Lake Beach has a high homeowner occupancy rate, which means it is one of the more stable communities in Lake County and in the Chicagoland area. For residents who want to put down roots in a growing community that they can count on to remain stable over the years, Village Center or N Cedar Lakes Rd./Woodlands Dr. would be a fine choice.
Close to Chicago! Round Lake Beach is just an hour outside of Chicago by car, which makes it an ideal place for commuters who don't want to live in the city itself. Also served by the North Central Service Metra line, Round Lake Beach offers commuters the alternative of a ride to Union Station in comfort, avoiding traffic jams on I-94.
Surrounded by nature! The community is named for Round Lake, which offers plenty of opportunities to enjoy nature or engage in recreational activities including swimming, boating, and fishing during the spring and summer months. Round Lake Beach is enhanced by more than a dozen parks and nature areas, including the Lake County Forest Preserve District.
Outstanding restaurants! No matter what kind of food you prefer, you can probably find it close to Round Lake Beach. There's Lomelis Rosticeria, Orlando's, and Mrs. V's Restaurant. And for a special night out, residents can always head to downtown Chicago to sample the world-class fare the city is famous for.
Great shopping! Round Lake Beach is home to the Eagle Creek Shopping Center and the Mallard Creek Shopping Mall, where residents will find high-end items at outlet prices.