Rent to own Homes in Crest Hill, IL
Crest Hill is a city of about 21,000 people, located in Will County, Illinois. Once home to Ron Coomer, the Major League Baseball star, and noted for a having a good deal of local aviation enthusiasts, you could say that Crest Hill has had its share of interesting history. The city became formally incorporated as a city in 1960, mostly to avoid becoming a part of nearby Joliet. Residents of Crest Hill enjoy visiting the local museums and gardens.
Crest Hill, IL is a great place for affordable rent-to-own homes! With a median household income of over $58,462 and a median rent of $1,170, the Crest Hill, 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 Crest Hill, 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 Crest Hill, IL Property Resources
Rent to own Homes in Cities Near Crest Hill, IL
- Batavia
- Berkeley
- Boulder Hill
- Burr Ridge
- Carol Stream
- Countryside
- Crest Hill
- Crystal Lawns
- Darien
- Downers Grove
- East Dundee
- Elmhurst
- Elwood
- Fairmont
- Glendale Heights
- Glen Ellyn
- Hanover Park
- Hinsdale
- Hodgkins
- Kaneville
- La Grange Park
- Lily Lake
- Lisle
- Lockport
- Lombard
- Manhattan
- Medinah
- Millbrook
- Mokena
- Naperville
- New Lenox
- Northlake
- Oak Brook
- Palos Park
- Plainfield
- Prestbury
- Ridgewood
- Rockdale
- Romeoville
- Schaumburg
- Shorewood
- South Elgin
- Westchester
- Westmont
- Wheaton
- Willow Springs
- Winfield
- Wood Dale
- Woodridge
- Yorkville
Neighborhoods in Crest Hill, IL
Crestwood Suites rent to own homes Crest Acres rent to own homes Stern Park rent to own homes Crestwood Estates rent to own homes Green Acre Estates rent to own homes Hill Crest Heights rent to own homes Hacker rent to own homes Sunny Land rent to own homes Carillon Lakes rent to own homes Raynor Hills Estates rent to own homesPopular Zip Codes in Crest Hill, IL
60403 rent to own homesBuying a Home in Crest Hill, IL
Crest Hill, IL is seeing rapid growth and Crest Hill, IL's' housing market remains optimal with an average home price that is -20% below the 2024 national average. Crest Hill, IL is part of Will 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 Will is 2.05% which is above the national average, which is 0.99%.
Median Home Price in Crest Hill, IL
Median Rent in Crest Hill, IL
5 Great Reasons to Live in Crest Hill, IL
Great investment homes! Ready to buy a house? Crest Hill is full of low-cost properties with plenty of potential. Find beautiful 3-bedroom homes in Tulip Lane from $120,000 or 2 bedroom condos in Rock Run Drive from just $100,000! If you want to stop renting but don't quite have the deposit for a purchase saved up, why not consider taking on a rent to own house agreement?
Proactive business assistance! The Crest Hill Chamber of Commerce promotes networking, online exposure and incentives for new businesses in town. If you are interested in investing in local businesses instead of starting one, speak with local representatives from the Will County Center for Economic Development.
Pristine rental accommodations! Rental rates throughout Crest Hill vary, starting at about $900 per month and topping out around $1600 per month. A 2-bedroom townhouse on McGilvray Drive comes in at the top range in terms of price, while a similar property in Plainfield Road will cost you no more than $925 per month.
Food from around the globe! This may be a small Illinois city, but that doesn't mean it isn't full of flavor! Let your taste buds experience everything from American food at the Firewater Cafe to Japanese cuisine at EDO's. A local favorite is Merichka's, a great place to find steak and potatoes, hamburgers and fresh onion rings. Pancake aficionados should check out Southern Belle Pancake and try out a blueberry short stack, classic Belgian waffles, taffy apple crepes, omelettes and more!
Small-town feel with advantages of a larger city! Crest Hill's shops and vendors supply residents with everything from clothes and shoe repair to gifts and books. Stop by Dot's Fashions on Larkin Avenue for an afternoon of clothes shopping or Grow and Nourish on Brian Drive for at-home planting solutions. In Crest Hill, you can relax among friends and not feel rushed by the crowd - but when it comes to shopping and running errands, you can get everything done within a short distance from home.