Rent to own Homes in Burbank, IL

Located just minutes from Chicago, Burbank is the dwelling place of nearly 30,000 residents. Today, Burbank is considered one for the most desirable cities in the Chicago area because of its affordable cost of living, stable housing market and a plethora of great local restaurants. Finished in 2008, the Fusion Recplex is open to any resident of Burbank for a low annual fee and allows access to a state-of-the-art gym, excellent exercise classes and rentable conference space.

Burbank, IL is a great place for affordable rent-to-own homes! With a median household income of over $70,052 and a median rent of $1,120, the Burbank, 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 Burbank, 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 Burbank, 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
838 S SCOVILLE AVE #1
Rent To Own
 
Townhouse/Condo
Oak Park, IL 60304
1
1
800 ft2
1923
Hot
9519 S FOREST AVE
Rent To Own
Roseland
Single Family Home
Chicago, IL 60628
3
2
1100 ft2
1960
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
2906 W WILCOX ST
Rent To Own
East Garfield Park
Townhouse/Condo
Chicago, IL 60612
9
3
2832 ft2
1905
7115 S SAINT LAWRENCE AVE
Rent To Own
Park Manor
Townhouse/Condo
Chicago, IL 60619
6
4
2773 ft2
1890
12A Kingery Quarter Rd #104
Rent To Own
 
Single Family Home
Willowbrook, IL 60527
1
1
800 ft2
1981
1550 S INDIANA AVE #412
Rent To Own
South Loop
Townhouse/Condo
Chicago, IL 60605
2
2
1100 ft2
1905
1 of 75 5555 S Everett Ave
Rent To Own
 
Single Family Home
Chicago, IL 60637
4
3
2400 ft2
1924
222 N COLUMBUS DR #3203
Rent To Own
The Loop
Townhouse/Condo
Chicago, IL 60601
2
2
1225 ft2
2001
1 of 38 8724 S ESSEX AVE
Rent To Own
South Chicago
Single Family Home
Chicago, IL 60617
5
3
1987 ft2
1924
240 E ILLINOIS ST #1708
Rent To Own
Near North Side
Townhouse/Condo
Chicago, IL 60611
2
2
1293 ft2
2005
1355 N SANDBURG TER #407D
Rent To Own
Near North Side
Townhouse/Condo
Chicago, IL 60610
1
1
0 ft2
1964
505 N LAKE SHORE DR #6601
Rent To Own
Near North Side
Townhouse/Condo
Chicago, IL 60611
3
4
2975 ft2
1970
3017 E 78th St APT 2B
Rent To Own
South Shore
Single Family Home
Chicago, IL 60649
1
1
800 ft2
1924
2745 N HAMPDEN CT #2E
Rent To Own
Lincoln Park
Townhouse/Condo
Chicago, IL 60614
3
1
1100 ft2
1916
7343 Country Creek Way UNIT 4
Rent To Own
 
Single Family Home
Downers Grove, IL 60516
2
2
972 ft2
1975
6704 W FOREST PRESERVE DR
Rent To Own
Harwood Heights
Single Family Home
Harwood Heights, IL 60706
3
3
1326 ft2
1998
4636 N Racine Ave APT 2, Chicago, IL 60640
Rent To Own
Uptown
Single Family Home
Chicago, IL 60640
2
1
1200 ft2
1906
5537 N CANFIELD AVE
Rent To Own
Norwood Park
Single Family Home
Chicago, IL 60656
2
2
1284 ft2
1946
1748 W Rascher Ave
Rent To Own
Edgewater
Townhouse/Condo
Chicago, IL 60640
2
1
0 ft2
1913
1 of 22 2S110 COLONIAL LN
Rent To Own
 
Single Family Home
Lombard, IL 60148
4
2
1944 ft2
1965
6334 N SHERIDAN RD #3C
Rent To Own
Edgewater
Townhouse/Condo
Chicago, IL 60660
1
1
800 ft2
1928
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
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 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
14701 W 93rd Ave
Rent To Own
 
Single Family Home
Dyer, IN 46311
3
3
1822 ft2
3648 WHITE EAGLE DR
Rent To Own
White Eagle Club
Single Family Home
Naperville, IL 60564
5
3
2896 ft2
1996
5465 MARYLAND ST
Rent To Own
 
Single Family Home
Merrillville, IN 46410
3
2
1512 ft2
1957
541 W 67TH LN
Rent To Own
 
Single Family Home
Merrillville, IN 46410
4
2
1834 ft2
1961
2301 SUMMERLIN DR
Rent To Own
 
Single Family Home
Aurora, IL 60503
2
2
0 ft2
1609 EDINBURGH DR #117-5
Rent To Own
Tri Village
Townhouse/Condo
Bartlett, IL 60103
3
3
1826 ft2
2005
1 of 2 7620 S CALUMET AVE
Rent To Own
Chatham
Single Family Home
Chicago, IL 60619
4
4
1386 ft2
1921
1 of 16 6501 W 81ST PL
Rent To Own
 
Single Family Home
Burbank, IL 60459
4
3
2869 ft2
1975
Hot
8501 AUSTIN AVE
Rent To Own
 
Single Family Home
Burbank, IL 60459
3
1
768 ft2
1951
Hot
1 of 16 8545 NOTTINGHAM AVE
Rent To Own
 
Single Family Home
Burbank, IL 60459
3
2
1401 ft2
1989
1 of 16 8209 OAK PARK AVE
Rent To Own
 
Single Family Home
Burbank, IL 60459
4
5
3000 ft2
2004
Hot
1 of 15 6230 W 87TH ST
Rent To Own
 
Single Family Home
Burbank, IL 60459
2
1
720 ft2
1951
1 of 14 5718 W 88TH PL
Rent To Own
 
Single Family Home
Oak Lawn, IL 60453
3
2
1972 ft2
1957
Hot
1 of 18 4521 W 90TH PL
Rent To Own
 
Townhouse/Condo
Hometown, IL 60456
3
2
1375 ft2
1954
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Popular Zip Codes in Burbank, IL

60459 rent to own homes

Buying a Home in Burbank, IL

Burbank, IL is seeing rapid growth and Burbank, IL's' housing market remains optimal with an average home price that is -7% below the 2024 national average. Burbank, 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 Burbank, IL

Median Rent in Burbank, IL

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

Top 5 Reasons to Live in Burbank, IL

Burbank Park District! The Newcastle Recreation Center and the Fusion Recplex offer outside spaces for hiking, walking and biking, while also serving as the hub of youth and adult sports leagues. Additionally, the Fusion Recplex is open to residents for a nominal fee and includes a fitness center with the latest cardio equipment, exercise rooms for yoga and Pilates, and office space for rent.

Great Local Restaurants! Craving delicious comfort food? Head straight to the city's longest-running restaurant, Chuck's Southern Comforts Cafe, for great slow-cooked BBQ infused with flavors from around the world. Finish off the meal with a delicious slice of homemade blueberry or apple pie from the Bakers Square.

A Shopper's Paradise! Although it is only a few minutes from downtown Chicago, residents of Burbank don't have to leave the city for their shopping needs. Head to the Burbank Town Center for shopping at stores like Kohl's, Best Buy and Dollar Tree, while at Burbank Station on S. Cicero Drive you will find Sports Authority Sporting Goods and many more department stores.

Rent in an Affordable City! Compared to the median rent price of $2,200 in Chicago, Burbank offers an inexpensive alternative at just $1,600. Because moving can be stressful, many newcomers to the area may want to consider rent to own homes, which offer the flexibility of moving after the lease term is up or purchasing the property. Great homes that fit this bill are available in neighborhoods like Bedford Park and S Harlem Ave.

Home Values at Record High! Not since the height of the real estate market in 2006 has the median home value in Burbank been so high. In just the last year, it has risen 11.9% to $161,200. Experts see no end in sight to the rise, with the prediction that home prices will rise another 3% in 2015. Snag an awesome deal on a great property in a neighborhood like State Road or Leclaire Ave.