Rent to own Homes in St. Charles, IL
St. Charles, IL offers an amazing amount of water access in a mostly landlocked state. In St. Charles, water is easy to find at the St. Charles South Lake or along the banks of Ferson Creek. St. Charles is home to more than 33,000 people, and is located just 40 miles west of Chicago, making it an ideal place to live in the suburbs and work in the city.
St. Charles, IL is a great place for affordable rent-to-own homes! With a median household income of over $102,414 and a median rent of $1,382, the St. Charles, 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 St. Charles, 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 St. Charles, IL Property Resources
Rent to own Homes in Cities Near St. Charles, 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 St. Charles, IL
St. Charles Central Historic District rent to own homes Millington Historic District rent to own homesPopular Zip Codes in St. Charles, IL
60174 rent to own homesBuying a Home in St. Charles, IL
St. Charles, IL is seeing rapid growth and St. Charles, IL's' housing market remains not optimal with an average home price that is 39% above the 2024 national average. St. Charles, IL is part of Kane 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 Kane is 2.09% which is above the national average, which is 0.99%.
Median Home Price in St. Charles, IL
Median Rent in St. Charles, IL
Top 5 Reasons to Live in St. Charles, IL
Square footage! Average home sizes top 3,600 square feet of living space, making these homes great places to throw parties, host the holidays or simply relax after a long day at work. Rent to own properties in neighborhoods like Geneva or Cambridge are highly desirable and go fast, so start searching today!
Economical housing! While the median house price has jumped by 7.2 percent, it is still very reasonable at just under $300K. Particularly once the size and per square foot price of only $146 is thrown into the equation. Buyers can find bargains all throughout the city, but they may want to narrow their search to neighborhoods like Elgin or Rainbow Hills.
Amazing architecture! Classic examples of different architectural periods are scattered all throughout St. Charles, like the famous Farnsworth House. Designed by Ludwig Mies van der Rohe, it is recognized as a National Historic Landmark, and is open to those who enjoy exploring history. Another destination for architecture enthusiasts is the William Beith House. The intact riverstone exterior is almost unique in St. Charles, as many homes have been renovated to stucco or other modern building materials.
Plentiful parks! Perfect for outdoor fun, St. Charles has several parks that offer picnic facilities, hiking trails, tennis courts and more! The Pottawatomie Park has plenty of outdoor activities, and the Otter Cove Aquatic Park combines some natural education with a splashing good time.
Active nightlife! A plentiful selection of bars, pubs, theaters, restaurants and other nighttime venues makes St. Charles a city where residents can really enjoy life. The House Pub serves a unique selection of microbrews, and is a long held local secret. McNally's Traditional Irish Pub has all the fun fare one would expect from an Irish pub, along with the best breakfast in the city, so enjoying a pint or tucking into a big breakfast has never been easier.