Rent to own Homes in South Holland, IL
Located in Cook County, South Holland is a village with a population of over 22,000 that covers 7.3 square miles. Situated about 20 miles south of Chicago, South Holland offers a mix of urban and suburban lifestyles. Residents have space, but can also explore the nearby Windy City. Featuring a friendly atmosphere, convenient transportation and green space, it's clear why South Holland is rated one of the most livable areas in the Chicago metro area.
South Holland, IL is a great place for affordable rent-to-own homes! With a median household income of over $66,859 and a median rent of $1,470, the South Holland, 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 South Holland, 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 South Holland, IL Property Resources
Rent to own Homes in Cities Near South Holland, IL
- Alsip
- Bedford Park
- Berkeley
- Bridgeview
- Broadview
- Brookfield
- Burbank
- Burnham
- Burr Ridge
- Calumet Park
- Chicago Heights
- Cicero
- Clarendon Hills
- Countryside
- Crestwood
- Downers Grove
- Elmhurst
- Flossmoor
- Forest Park
- Forest View
- Frankfort
- Frankfort Square
- Harwood Heights
- Hodgkins
- Hometown
- Homewood
- La Grange Park
- Lincolnwood
- Lockport
- Markham
- Maywood
- Melrose Park
- Merrionette Park
- Midlothian
- Mokena
- Morton Grove
- North Riverside
- Oak Brook
- Oak Forest
- Palos Heights
- Palos Park
- Park Forest
- Park Ridge
- River Forest
- Rosemont
- Schiller Park
- Steger
- Thornton
- Westchester
- Willow Springs
Neighborhoods in South Holland, IL
Central District rent to own homes Village East rent to own homes South River rent to own homes South Holland rent to own homesPopular Zip Codes in South Holland, IL
60473 rent to own homesBuying a Home in South Holland, IL
South Holland, IL is seeing rapid growth and South Holland, IL's' housing market remains optimal with an average home price that is -28% below the 2024 national average. South Holland, IL is part of Cook 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 Cook is 1.38% which is above the national average, which is 0.99%.
Median Home Price in South Holland, IL
Median Rent in South Holland, IL
Top 4 Reasons to Live in South Holland, IL
Play outside! Whether it's a round at River Oaks Golf Course or a stroll through Veterans Memorial Park, South Holland always has some sort of outdoor activity in store for you. Hollandale Park is a great spot for a picnic under the sun, and Van Oostenbrugge Park is full of nice walking paths. Kickapoo Meadows, located along the outskirts of the village, is a gorgeous forest preserve well worth exploring. With the big city of Chicago just to the north, it's nice to have green space in this village.
Purchase a home in the booming market! Property value in South Holland has been on the rise, with an increase of roughly four percent in the last year. Moreover, experts predict housing value should continue to rise in the coming years, so buying now in South Holland should offer considerable return on your investment. You can't go wrong buying a house in subdivisions such as Parkside Estates or Willowbrook Estates. If you aren't looking to buy outright, consider searching for a rent to own deal, as this affords you time to see if a neighborhood is the right fit.
Never leave the appetite unsatisfied! South Holland makes sure its residents eat well. For a truly scrumptious breakfast, get a table at the Blueberry Field Pancake House and Restaurant. For fried chicken, sweet potatoes, collard greens, and more, order from Soul 2 Go. East 162nd Street, the town's main street, also has many fast food restaurants and familiar chain options.
Get a house with a lawn! Nearly 95 percent of housing units in South Holland are stand-alone residences, which means the high majority of folks here have a yard for gardening, hosting barbecue parties, and playing catch. It's easy to find houses with sizable yards in communities like Thornwood Estates and Volbrecht Grove.