Rent to own Homes in Spring Valley, IL

Spring Valley, IL is a great place for affordable rent-to-own homes! With a median household income of over $50,549 and a median rent of $596, the Spring Valley, 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 Spring Valley, 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 Spring Valley, IL rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
Hot
1 of 14 120 N TERRY ST
Rent To Own
 
Single Family Home
Spring Valley, IL 61362
4
2
1200 ft2
1942
Hot
1 of 12 309 N DIVISION ST
Rent To Own
 
Single Family Home
Granville, IL 61326
2
1
700 ft2
1 of 20 309 W 2ND ST
Rent To Own
 
Single Family Home
Oglesby, IL 61348
2
2
1169 ft2
1956
1 of 4 402 S MAIN ST
Rent To Own
 
Single Family Home
La Moille, IL 61330
3
1
1800 ft2
Hot
1 of 31 3432 E 8TH RD
Rent To Own
 
Single Family Home
Utica, IL 61373
3
2
1859 ft2
1968
1 of 24 108 N SEIGEL ST
Rent To Own
 
Single Family Home
Lostant, IL 61334
3
2
1910 ft2
1982
1 of 25 813 GREEN ST
Rent To Own
 
Single Family Home
Henry, IL 61537
3
3
1958 ft2
1978
1 of 22 617 CELEBRATION DR
Rent To Own
 
Single Family Home
Princeton, IL 61356
4
2
2253 ft2
2008
1628 N 2510TH RD
Rent To Own
 
Single Family Home
Ottawa, IL 61350
3
3
1734 ft2
1978
Hot
1 of 46 2800 TURNBERRY DR
Rent To Own
 
Single Family Home
Ottawa, IL 61350
4
2
1704 ft2
2002
Hot
22 BLACK PARTRIDGE RUN
Rent To Own
 
Single Family Home
Hopewell, IL 61565
3
3
1836 ft2
1978
1 of 48 12636 1200 East Street
Rent To Own
 
Multifamily (2 - 4 Units)
Buda, IL 61314
6
4
4500 ft2
2003
4377 N STATE ROUTE 23
Rent To Own
 
Single Family Home
Leland, IL 60531
4
4
1460 ft2
1991
1 of 22 1142 W CEDAR CT
Rent To Own
 
Single Family Home
Chillicothe, IL 61523
4
2
1906 ft2
1977
1 of 12 5307 E RICHLAND AVE
Rent To Own
 
Single Family Home
Chillicothe, IL 61523
3
1
1013 ft2
1950
1 of 44 12625 N COLONY RD
Rent To Own
 
Single Family Home
Dunlap, IL 61525
4
3
3595 ft2
1977
205 E 7TH ST
Rent To Own
 
Single Family Home
Rock Falls, IL 61071
2
1
820 ft2
1 of 19 503 W 11TH ST
Rent To Own
 
Single Family Home
Rock Falls, IL 61071
3
3
2200 ft2
1987
1 of 15 11520 North Dunmore Drive
Rent To Own
 
Multifamily (2 - 4 Units)
Dunlap, IL 61525
5
4
3500 ft2
2005
1545 CAMPBELL AVE
Auction
 
Single Family Home
La Salle, IL 61301
3
1
1653 ft2
1968
New
1642 LAHARPE ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
La Salle, IL 61301
2
1
864 ft2
1852
1 of 5 611 MARCIA ST
Auction
 
Single Family Home
Henry, IL 61537
3
2
1380 ft2
New
1041 ADAMSON ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Henry, IL 61537
4
2
1300 ft2
1960
1 of 6 404 WALNUT ST
Auction
 
Single Family Home
Varna, IL 61375
3
2
1638 ft2
1900
133 S WILLOW ST
Auction
 
Single Family Home
Toluca, IL 61369
2
1
1025 ft2
1940
1 of 5 1808 DAIRY LN
Auction
 
Single Family Home
Ottawa, IL 61350
3
2
1614 ft2
2000
1 of 21 2210 CATON RD
Auction
 
Single Family Home
Ottawa, IL 61350
3
1
1258 ft2
1953
1 of 5 526 ROXBURY RD
Auction
 
Single Family Home
Paw Paw, IL 61353
4
2
2497 ft2
1891
1 of 7 236 ANITA DR
Auction
 
Single Family Home
Ottawa, IL 61350
3
1
1344 ft2
1950
1 of 5 1913 COLUMBUS ST
Auction
 
Single Family Home
Ottawa, IL 61350
3
1
1164 ft2
1890
907 DEER RUN RD
REO Foreclosure
 
Single Family Home
Lacon, IL 61540
2
1
864 ft2
1999
1 of 35 313 N HIGH ST
Auction
 
Single Family Home
Lacon, IL 61540
2
3
1056 ft2
1900
1 of 26 719 SUNSET AVE
Auction
 
Single Family Home
Earlville, IL 60518
3
3
1455 ft2
1954
1 of 5 720 2ND ST
Auction
 
Single Family Home
Lacon, IL 61540
2
1
1278 ft2
1900
1 of 10 417 S WASHINGTON ST
REO Foreclosure
 
Single Family Home
Lacon, IL 61540
3
2
937 ft2
1900
1 of 66 4444 E 14TH RD
Short Sale
 
Single Family Home
Earlville, IL 60518
4
2
1408 ft2
1985
501 W BOYS ST
Short Sale
 
Single Family Home
Streator, IL 61364
3
2
750 ft2
1947
1 of 5 1202 READING ST
Auction
 
Single Family Home
Streator, IL 61364
3
3
1350 ft2
1955
New
1407 S HAWTHORNE RD
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Streator, IL 61364
3
1
1507 ft2
1962
317 W LIVINGSTON RD
Auction
 
Single Family Home
Streator, IL 61364
2
1
957 ft2
1928
205 E 12TH ST
Auction
 
Single Family Home
Streator, IL 61364
2
1
1466 ft2
1948
New
1323 E 12TH ST
Auction
 
Single Family Home
Streator, IL 61364
3
1
1321 ft2
1957
305 S PARK ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Long Point, IL 61333
2
1
1680 ft2
1981
1 of 20 6257 E 3000 NORTH RD BLDG 25
Auction
 
Single Family Home
Streator, IL 61364
2
1
1568 ft2
1953
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Popular Zip Codes in Spring Valley, IL

61362 rent to own homes

Buying a Home in Spring Valley, IL

Spring Valley, IL is seeing rapid growth and Spring Valley, IL's' housing market remains optimal with an average home price that is -53% below the 2024 national average. Spring Valley, IL is part of Bureau 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 Bureau is 1.89% which is above the national average, which is 0.99%.

Median Home Price in Spring Valley, IL

Median Rent in Spring Valley, IL

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