Rent to own Homes in Blue Island, IL

Nestled against the border of Chicago, Blue Island is one of ten communities in Illinois to be awarded Preserve America status by the White House. It's not just heritage that makes life in the southern suburbs a great place to call home: located just 15 miles from the Loop, Blue Island packs a real punch into its 4.5 square miles, and a robust calendar of community events makes it easy to make friends with 23,000 new neighbors.

Blue Island, IL is a great place for affordable rent-to-own homes! With a median household income of over $51,859 and a median rent of $897, the Blue Island, 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 Blue Island, 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 Blue Island, IL rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
956 W 115TH PL
Rent To Own
Morgan Park
Townhouse/Condo
Chicago, IL 60643
3
2
731 ft2
1966
Hot
9519 S FOREST AVE
Rent To Own
Roseland
Single Family Home
Chicago, IL 60628
3
2
1100 ft2
1960
7115 S SAINT LAWRENCE AVE
Rent To Own
Park Manor
Townhouse/Condo
Chicago, IL 60619
6
4
2773 ft2
1890
1 of 38 8724 S ESSEX AVE
Rent To Own
South Chicago
Single Family Home
Chicago, IL 60617
5
3
1987 ft2
1924
5856 S PRAIRIE AVE #3
Rent To Own
Washington Park
Townhouse/Condo
Chicago, IL 60637
3
2
1250 ft2
2004
5739 S CALUMET AVE #3N
Rent To Own
Washington Park
Townhouse/Condo
Chicago, IL 60637
3
2
1400 ft2
1901
3017 E 78th St APT 2B
Rent To Own
South Shore
Single Family Home
Chicago, IL 60649
1
1
800 ft2
1924
1 of 75 5555 S Everett Ave
Rent To Own
 
Single Family Home
Chicago, IL 60637
4
3
2400 ft2
1924
1550 S INDIANA AVE #412
Rent To Own
South Loop
Townhouse/Condo
Chicago, IL 60605
2
2
1100 ft2
1905
2906 W WILCOX ST
Rent To Own
East Garfield Park
Townhouse/Condo
Chicago, IL 60612
9
3
2832 ft2
1905
838 S SCOVILLE AVE #1
Rent To Own
 
Townhouse/Condo
Oak Park, IL 60304
1
1
800 ft2
1923
222 N COLUMBUS DR #3203
Rent To Own
The Loop
Townhouse/Condo
Chicago, IL 60601
2
2
1225 ft2
2001
240 E ILLINOIS ST #1708
Rent To Own
Near North Side
Townhouse/Condo
Chicago, IL 60611
2
2
1293 ft2
2005
505 N LAKE SHORE DR #6601
Rent To Own
Near North Side
Townhouse/Condo
Chicago, IL 60611
3
4
2975 ft2
1970
14701 W 93rd Ave
Rent To Own
 
Single Family Home
Dyer, IN 46311
3
3
1822 ft2
1355 N SANDBURG TER #407D
Rent To Own
Near North Side
Townhouse/Condo
Chicago, IL 60610
1
1
0 ft2
1964
12A Kingery Quarter Rd #104
Rent To Own
 
Single Family Home
Willowbrook, IL 60527
1
1
800 ft2
1981
2745 N HAMPDEN CT #2E
Rent To Own
Lincoln Park
Townhouse/Condo
Chicago, IL 60614
3
1
1100 ft2
1916
4636 N Racine Ave APT 2, Chicago, IL 60640
Rent To Own
Uptown
Single Family Home
Chicago, IL 60640
2
1
1200 ft2
1906
6704 W FOREST PRESERVE DR
Rent To Own
Harwood Heights
Single Family Home
Harwood Heights, IL 60706
3
3
1326 ft2
1998
7343 Country Creek Way UNIT 4
Rent To Own
 
Single Family Home
Downers Grove, IL 60516
2
2
972 ft2
1975
1748 W Rascher Ave
Rent To Own
Edgewater
Townhouse/Condo
Chicago, IL 60640
2
1
0 ft2
1913
6334 N SHERIDAN RD #3C
Rent To Own
Edgewater
Townhouse/Condo
Chicago, IL 60660
1
1
800 ft2
1928
5537 N CANFIELD AVE
Rent To Own
Norwood Park
Single Family Home
Chicago, IL 60656
2
2
1284 ft2
1946
541 W 67TH LN
Rent To Own
 
Single Family Home
Merrillville, IN 46410
4
2
1834 ft2
1961
7350 N RIDGE BLVD #22C
Rent To Own
West Rogers Park
Townhouse/Condo
Chicago, IL 60645
3
2
0 ft2
1930
7403 N HOYNE AVE #1
Rent To Own
Rogers Park
Townhouse/Condo
Chicago, IL 60645
2
2
800 ft2
1930
5465 MARYLAND ST
Rent To Own
 
Single Family Home
Merrillville, IN 46410
3
2
1512 ft2
1957
1 of 5 1517 W Jonquil Ter
Rent To Own
 
Multifamily (2 - 4 Units)
Chicago, IL 60626
2
1
1100 ft2
2000
5913 MONROE ST
Rent To Own
Morton Grove
Single Family Home
Morton Grove, IL 60053
3
2
1830 ft2
1960
1 of 22 2S110 COLONIAL LN
Rent To Own
 
Single Family Home
Lombard, IL 60148
4
2
1944 ft2
1965
1 of 14 8809 West Golf Road
Rent To Own
 
Multifamily (2 - 4 Units)
Niles, IL 60714
2
2
1600 ft2
1976
812 N RIVER RD #2A
Rent To Own
 
Townhouse/Condo
Mount Prospect, IL 60056
2
1
1000 ft2
1983
26 BITTERSWEET LN
Rent To Own
 
Single Family Home
Portage, IN 46368
4
3
1966 ft2
1948
1 of 2 7620 S CALUMET AVE
Rent To Own
Chatham
Single Family Home
Chicago, IL 60619
4
4
1386 ft2
1921
1 of 11 3754 W.120th st
Rent To Own
 
Multifamily (2 - 4 Units)
Alsip, IL 60803
2
1
950 ft2
1971
14300 KEYSTONE AVE
Rent To Own
Midlothian
Single Family Home
Midlothian, IL 60445
5
2
1082 ft2
1961
Hot
14533 KEYSTONE AVE #1
Rent To Own
Midlothian
Townhouse/Condo
Midlothian, IL 60445
1
1
45000 ft2
1971
1 of 18 3644 W 107TH ST
Rent To Own
Mount Greenwood
Single Family Home
Chicago, IL 60655
3
2
1650 ft2
1953
1 of 15 10640 S CENTRAL PARK AVE
Rent To Own
Mount Greenwood
Single Family Home
Chicago, IL 60655
3
2
1056 ft2
1959
1 of 18 11937 South Wentworth Avenue
Rent To Own
West Pullman
Multifamily (2 - 4 Units)
Chicago, IL 60628
4
3
2400 ft2
1915
15521 HONORE AVE
Rent To Own
Harvey
Single Family Home
Harvey, IL 60426
3
1
1000 ft2
1959
15731 VINE AVE
Rent To Own
Harvey
Single Family Home
Harvey, IL 60426
3
1
1100 ft2
1899
Hot
1 of 8 27 E 138TH ST
Rent To Own
 
Single Family Home
Riverdale, IL 60827
3
1
1650 ft2
1898
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Neighborhoods in Blue Island, IL

Mt. Hope rent to own homes

Popular Zip Codes in Blue Island, IL

60406 rent to own homes

Buying a Home in Blue Island, IL

Blue Island, IL is seeing rapid growth and Blue Island, IL's' housing market remains optimal with an average home price that is -42% below the 2024 national average. Blue Island, 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 Blue Island, IL

Median Rent in Blue Island, IL

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

Top 6 Reasons to Live in Blue Island, IL

Discover local history! Once the most influential settlement south of the Windy City, Blue Island boasts a wealth of historic homes. Check out the Woolworth Building and the Russell Heacock Farmhouse, then top up your local knowledge by taking a look at the memorabilia displayed in Albee House.

Stay active! Take advantage of the 189 annual sunny days to practice your swing at the Meadows Golf Club or wander along the city's portion of the Calumet-Sag Trail. Memorial Park is a year round attraction: refresh in the outdoor pool during the summer months and try out the sledding hill in winter.

Whet your appetite! Indulge your inner foodie at the city's dining hot spots. Tuck into New Orleans-inspired soul food at the Maple Tree Inn or grab a slice of deep dish pizza at Giuseppe's. Just want to quench your thirst? Down a cold one at the Raven's Place sports bar or soak up the ambiance at Gayla's Irish Pub.

Get involved! Play a role in your local community. Support local traders at the weekly farmer's market at Hart Park or try growing your own produce at the California Gardens Community Garden. More into sports? Cheer on the local hockey team at the Oak Lawn Ice Arena.

Enjoy city living without the price tag! Life in Blue Island places you within easy reach of Chicago's attractions, but you won't need to hand over your entire paycheck to enjoy them. The typical house price in Blue Island is around $160,000, although you'll pay less in the Silk Stocking District and a little more in the Fay's Point neighborhood.

Affordable deals on rental homes! The average rent in Blue Island stands at around $1,100, although rental homes at Blue Station Apartments are as little as $575. Need a little more space? Up your budget to $1,800, and you could pick up the keys to a smart three bedroom house on Meadow Lane. It's also worth considering rent to own options.