Rent to Own Homes in Illinois

Illinois is known as "The Prairie State" because most of the state was originally covered in prairie grasses. Although it is more developed at this point, there's still a homey feel to much of the state. Its 12,671,821 residents share 2,787 cities, each with its own governing body, and there are a total of 852 school districts in Illinois. The primary industries in the state include healthcare, manufacturing, retail, education, hospitality, and finance and insurance.

Corporate giants such as Walgreens Boots Alliance, State Farm Insurance, Caterpillar Tractor, AbbVie, Abbott Laboratories, McDonald's, and many more have their national headquarters in Illinois. There are many jobs available and a variety of housing types and cultural opportunities. Deciding to move to Illinois might be easy, but with so many options to choose from, figuring out exactly where to buy a home might be a little more difficult.

Check out 296 Illinois rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Photo
Listing Type
Description
Price
Details
7343 Country Creek Way Unit 4
Rent To Own
2 Beds, 2 Baths
Downers Grove,, IL 60516
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1 of 18 200 N Dearborn St #3005
Rent To Own
1 Bed, 1 Bath
Chicago, IL 60601
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1 of 43 437 W Roslyn Pl
Rent To Own
3 Beds, 2.5 Baths
Chicago, IL 60614
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1 of 42 275 Wayne Ct
Rent To Own
5 Beds, 2 Baths
Bartlett, IL 60103
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1 of 11 5424 W Ferdinand St Apt 102
Rent To Own
2 Beds, 1.5 Bath
Chicago, IL 60644
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1 of 10 1140 2nd Ave
Rent To Own
6 Beds, 5 Baths
Rockford, IL 61104
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Hot
1 of 42 427 Elgin Ave
Rent To Own
4 Beds, 2 Baths
Forest Park, IL 60130
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1 of 29 111 E Chestnut St #21a
Rent To Own
2 Beds, 2 Baths
Chicago, IL 60611
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1 of 20 5809 N Whipple Street # Garden
Rent To Own
1 Bed, 1 Bath
Chicago, IL 60659
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Hot
1 of 17 2220 Dewey Ave
Rent To Own
4 Beds, 2 Baths
Granite City, IL 62040
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1 of 25 7913 163rd Court # 1
Rent To Own
3 Beds, 1 Bath
Tinley Park, IL 60477
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New
1 of 32 1239 N Rockwell St
Rent To Own
7 Beds, 3 Baths
Chicago, IL 60622
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New
1 of 18 217 Eagle Ridge
Rent To Own
2 Beds, 1 Bath
O'Fallon, IL 62269
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7115 S Saint Lawrence Ave
Rent To Own
4 Beds, 1 Bath
Chicago, IL 60619
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222 N Columbus Dr Apt 3203
Rent To Own
2 Beds, 2 Baths
Chicago, IL 60601
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5537 N Canfield Ave
Rent To Own
3 Beds, 1 Bath
Chicago, IL 60656
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6704 W Forest Preserve Dr
Rent To Own
3 Beds, 2 Baths
Harwood Heights, IL 60706
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Hot
607 Burroughs Ave
Rent To Own
3 Beds, 1 Bath
Collinsville, IL 62234
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1 of 23 50 S Windsor Pl
Rent To Own
3 Beds, 1 Bath
Mundelein, IL 60060
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Hot
3212 NE Madison Ave
Rent To Own
2 Beds, 1 Bath
Peoria, IL 61603
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11214 E Riviera Dr
Rent To Own
4 Beds, 2.5 Baths
Spring Grove, IL 60081
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321 N Fillmore St
Rent To Own
4 Beds, 2 Baths
Edwardsville, IL 62025
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212 W Union St
Rent To Own
2 Beds, 1 Bath
Edwardsville, IL 62025
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207 Jefferson Rd
Rent To Own
2 Beds, 1 Bath
Edwardsville, IL 62025
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1 of 30 5567 Court F
Rent To Own
3 Beds, 2.5 Baths
Hanover Park, IL 60133
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4636 N Racine Ave Apt 2, Chicago, Il 60640
Rent To Own
2 Beds, 1 Bath
Chicago, IL 60640
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7620 S Calumet Ave
Rent To Own
3 Beds, 2 Baths
Chicago, IL 60619
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1 of 5 111 S Violet Ln
Rent To Own
3 Beds, 1 Bath
Carbondale, IL 62901
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5913 Monroe St
Rent To Own
3 Beds, 1 Bath
Morton Grove, IL 60053
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3017 E 78th St Apt 2b
Rent To Own
1 Bed, 1 Bath
Chicago,, IL 60649
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12a Kingery Quarter Rd #104
Rent To Own
1 Bed, 1 Bath
Willowbrook,, IL 60527
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1 of 2 5739 S Calumet Ave #3n
Rent To Own
3 Beds, 2 Baths
Chicago, IL 60637
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Hot
2015 Rolling Ridge Ln
Rent To Own
3 Beds, 1.5 Bath
Lindenhurst, IL 60046
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1200 Westfield Way
Rent To Own
3 Beds, 2.5 Baths
Mundelein, IL 60060
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1 of 5 2106 Meadow Lane
Rent To Own
3 Beds, 2 Baths
Carbondale, IL 62901
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213 E High St
Rent To Own
2 Beds, 2.5 Baths
Princeville, IL 61559
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Hot
1 of 33 4005 West 93rd Street
Rent To Own
2 Beds, 2 Baths
Oak Lawn, IL 60453
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Hot
314 E Jefferson St
Rent To Own
4 Beds, 2.5 Baths
Clinton, IL 61727
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4350 W Ford City Dr #B1-101
Rent To Own
2 Beds, 2 Baths
Chicago,, IL 60652
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New
3233 W Knox Dr
Rent To Own
3 Beds, 2 Baths
Freeport,, IL 61032
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1 of 24 15341 W Pantigo Ln
Rent To Own
5 Beds, 3.5 Baths
Lockport, IL 60491
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1 of 10 3 Chantilly Ln
Rent To Own
4 Beds, 2 Baths
Hawthorn Woods, IL 60047
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1 of 6 3837 Mccoy Rd
Rent To Own
3 Beds, 2 Baths
Bethalto, IL 62010
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1 of 11 420 Robinwoods Ln
Rent To Own
6 Beds, 4 Baths
Tunnel Hill, IL 62972
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Search for rent to own homes in cities near Illinois

Average Cost of Living in Illinois

It's pretty easy to find an affordable place to live in Illinois. The average cost of living in the state is 6.6% lower than the national average. Although cities like Lake Forest have an overall cost of living that's 69.9% more than the rest of the country, there are plenty of municipalities that are much less costly. For example, Percy and Peoria are 26.5% and 24% below average, respectively.

Average Home Prices in Illinois

The median price of a home in Illinois is $183,700, which is 20.5% lower than the national average of $231,200. Springfield homes have a price tag of $105,400 - 54.4% lower than the national average - and Chicago's average of $229,100 is only slightly below average. In general, there are many affordable housing options in Illinois, and these are even more affordable when you consider buying a rent-to-own home.

Illinois Statistics

If you're interested in Illinois rent-to-own homes, don't forget to consider important factors in addition to monthly living costs, such as average commute, taxes, crime rates, etc. The following are some common Illinois statistics compared to the U.S. national average.

Illinois Averages National Averages
One-Way Commute 28.7 minutes 26.4 minutes
Violent Crime 24.8 22.7
Property Crime 30.9 35.4
Unemployment Rate 4.3% 3.9%
Income Tax Rate 5.0% 4.6%
Air Quality 62 58
Water Quality 36 55
Median Household Income $57,166 $53,482
Median Property Taxes $4,100 $2,200
Utilities $280/month $112/month
Monthly Rent $1,000 $1,470
Median Home Cost $183,700 $231,200
Median Home Age 46 years 40 years

Popular Illinois Cities

Chicago - With more than 2.5 million residents, Chicago is the only large city in Illinois. Sports are front and center in the Windy City, with professional teams such as the Bulls, Blackhawks, Cubs, White Sox, Bears, and the Chicago Sky. The city has an amazing economy with a $609 billion gross regional product, which is higher than many small countries' gross domestic product. Hundreds of major corporations and dozens of Fortune 500 companies are based in Chicago. Economic opportunities abound for people who move to the city.

Springfield - Although it is the capital of Illinois, Springfield only had 114,230 residents in 2019. Abraham Lincoln and his wife Mary lived in Springfield for 17 years, and many people come to the city to visit the Lincoln Home National Historic Site and the surrounding neighborhood, which was restored to its 1800s appearance. Other popular stops in Springfield include the Abraham Lincoln Presidential Library and Museum, the Henson Robinson Zoo, and several other museums and parks.

Peoria - Peoria is a port city located along the Illinois River. It had 110,417 residents in 2019, and it only comprises 48 square miles, but it has a lot to offer for a city of its size. Its primary industries are construction, manufacturing, and shipping. The scenic, relaxing Grandview Drive was dubbed by President Theodore Roosevelt as the world's most beautiful drive. The Peoria Zoo, a botanical garden, the Par-A-Dice Hotel Casino, and more are all located within city limits.

Popular Amenities and Attractions in Illinois

Grant Park, named after President Ulysses S. Grant, is 313 acres and is located in the middle of Chicago's business district. There are several museums on-site, including the Field Museum of Natural History, the Adler Planetarium, the Shedd Aquarium, and the Art Institute of Chicago. The park offers a variety of recreational activities and food and music festivals. It is the location where the Chicago Marathon begins and ends.

Starved Rock State Park is an excellent spot for people who enjoy the outdoors. It has 133 premium campsites, a campground store that sells camping supplies, and 18 canyons with seasonal waterfalls. Other amenities include boat and trolley tours, kayak and canoe rentals, and 13 miles of hiking trails. After spending the day outdoors, you can visit the lodge and dine at its on-site restaurant or sit down to a meal at the park's picnic area.

More than 117 million people visited Illinois in 2018 because of what it has to offer. If you're thinking of relocating, this state should definitely be on your radar. Find your Illnois rent-to-own home today.

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