Rent to own Homes in Danville, IL

The Midwest has always been known for a certain friendly charm. Danville, IL not only lives up to this reputation, but it also offers accessibility to larger towns and cities, great recreation opportunities for families, a low cost of living, and a rich history as a small town with a good name. Danville has something to offer everyone!

Danville, IL is a great place for affordable rent-to-own homes! With a median household income of over $37,328 and a median rent of $680, the Danville, 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 Danville, 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 Danville, IL rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
Hot
1 of 8 1214 CLEARY AVE
Rent To Own
 
Single Family Home
Danville, IL 61832
2
1
0 ft2
Hot
1 of 15 27 S GRIFFIN ST
Rent To Own
 
Single Family Home
Danville, IL 61832
2
1
1291 ft2
1930
Hot
1 of 28 202 MILL ST
Rent To Own
 
Single Family Home
Indianola, IL 61850
2
2
1800 ft2
1912
1 of 14 3914 E 2350 NORTH RD
Rent To Own
 
Single Family Home
Fithian, IL 61844
3
2
1512 ft2
2005
Hot
205 S STATE ST
Rent To Own
 
Single Family Home
Ridge Farm, IL 61870
5
2
3500 ft2
Hot
1 of 20 511 N MONROE ST
Rent To Own
 
Single Family Home
Williamsport, IN 47993
3
1
1722 ft2
1910
Hot
403 N GRAY ST
Rent To Own
 
Single Family Home
Sidell, IL 61876
2
1
1100 ft2
1900
Hot
1 of 7 602 W MAIN ST
Rent To Own
 
Single Family Home
Ogden, IL 61859
2
2
1200 ft2
1996
Hot
1 of 40 707 SOMERSET CIR
Rent To Own
 
Single Family Home
Saint Joseph, IL 61873
4
3
2630 ft2
1977
1 of 11 208 S WEST ST
Rent To Own
 
Single Family Home
Gifford, IL 61847
3
3
1038 ft2
1972
Hot
1 of 8 621 W STATE ST
Rent To Own
 
Single Family Home
Paxton, IL 60957
3
1
1056 ft2
1976
1 of 10 1227 N LOGAN AVE
REO Foreclosure
 
Single Family Home
Danville, IL 61832
4
2
2334 ft2
1 of 3 221 DELAWARE AVE
Auction
 
Single Family Home
Danville, IL 61832
2
1
1053 ft2
512 N BEARD ST
Auction
 
Single Family Home
Danville, IL 61832
2
2
2598 ft2
206 STROUP ST
REO Foreclosure
 
Single Family Home
Danville, IL 61832
3
1
1465 ft2
1914
New
1 of 3 125 ILLINOIS AVE
Auction
 
Single Family Home
Westville, IL 61883
2
1
1020 ft2
205 S CLINTON ST
REO Foreclosure
 
Single Family Home
West Lebanon, IN 47991
4
2
3641 ft2
1910
1125 W LAKE HIDEAWAY RD
Auction
 
Single Family Home
Kingman, IN 47952
3
1
1060 ft2
1965
1 of 5 407 N GRAY ST
Auction
 
Single Family Home
Sidell, IL 61876
3
2
1578 ft2
Hot
129 E 4TH ST
REO Foreclosure
 
Single Family Home
Williamsport, IN 47993
1
1
1036 ft2
1900
1 of 44 602 S 4TH ST
Auction
 
Single Family Home
Hoopeston, IL 60942
3
2
0 ft2
141 N LINDEN ST
REO Foreclosure
 
Single Family Home
Dana, IN 47847
3
2
5184 ft2
1832
1 of 23 110 W LITHIA ST
REO Foreclosure
 
Single Family Home
Attica, IN 47918
4
1
2093 ft2
1940
1 of 22 927 S PERRY ST
Auction
 
Single Family Home
Attica, IN 47918
2
1
650 ft2
1954
1 of 44 702 S MAIN ST
Auction
 
Single Family Home
Homer, IL 61849
3
2
1048 ft2
1973
1 of 10 204 HOLLOVY ST
REO Foreclosure
 
Single Family Home
Attica, IN 47918
3
1
1424 ft2
1948
New
4080 E HIGHLAND AVE
REO Foreclosure
 
Single Family Home
Hillsdale, IN 47854
2
1
1563 ft2
1932
1 of 16 211 E STATE ROAD 352
Auction
 
Single Family Home
Boswell, IN 47921
2
1
1176 ft2
1961
New
857 N MONROE ST
Auction
 
Single Family Home
Montezuma, IN 47862
3
2
1248 ft2
1983
88 N JEFFERSON ST
REO Foreclosure
 
Single Family Home
Montezuma, IN 47862
2
1
994 ft2
1889
11514 N REED ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Saint Bernice, IN 47875
2
2
1344 ft2
1962
9078 W DIVISION RD
REO Foreclosure
 
Single Family Home
Fowler, IN 47944
5
2
2044 ft2
1979
2055 COUNTY ROAD 2500 N
Auction
 
Single Family Home
Thomasboro, IL 61878
3
2
1821 ft2
1905
101 S HARRISON ST
REO Foreclosure
 
Single Family Home
Sidney, IL 61877
3
1
1578 ft2
1923
2585 E STATE ROAD 234
REO Foreclosure
 
Single Family Home
Kingman, IN 47952
3
1
2713 ft2
1940
Hot
115 N AXTEL AVE
Short Sale
 
Single Family Home
Milford, IL 60953
3
2
1408 ft2
1956
1 of 5 313 S 2ND ST
Auction
 
Single Family Home
Cissna Park, IL 60924
2
1
975 ft2
403 LOCUST ST
REO Foreclosure
 
Single Family Home
Oxford, IN 47971
1
3
2232 ft2
1930
1 of 6 233 N GILBERT ST
REO Foreclosure
 
Single Family Home
Clinton, IN 47842
2
1
1632 ft2
1976
1 of 17 341 S WASHINGTON ST
Auction
 
Single Family Home
Clinton, IN 47842
4
2
1792 ft2
1903
15144 2ND ST
REO Foreclosure
 
Single Family Home
Blanford, IN 47831
3
1
1017 ft2
1889
1 of 4 1623 S 242 E
Auction
 
Single Family Home
Fowler, IN 47944
2
1
1242 ft2
1890
1 of 12 117 N 10TH ST
REO Foreclosure
 
Single Family Home
Clinton, IN 47842
3
2
1140 ft2
1965
258 N 4TH ST
REO Foreclosure
 
Single Family Home
Clinton, IN 47842
3
2
3026 ft2
1880
Map
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Neighborhoods in Danville, IL

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Buying a Home in Danville, IL

Danville, IL is seeing rapid growth and Danville, IL's' housing market remains optimal with an average home price that is -69% below the 2024 national average. Danville, IL is part of Vermilion 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 Vermilion is 1.72% which is above the national average, which is 0.99%.

Median Home Price in Danville, IL

Median Rent in Danville, IL

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

5 Reasons to Enjoy Living in Danville, IL

Midwestern paradise: Danville was created in 1827 and holds a long frontier history. The city was the location of some of the first open-mined coal pits, which helped to spur on the American Industrial Revolution. This mining areas have become recreational parks in spots like Kennekuk Cove County park and Vermillion Heights. Today, it's a welcome oasis from big city life, yet still close enough to make a trip to Chicago, IL. Make your home here and live the small town life.

Close to everything! Danville, IL is within commuting or driving distance from several large city areas, making it a great place to be in the middle of everything. Choose to live near the Vermilion Regional Airport, or in proximity to the railways that converge in the area. Rent to own a home in one of the beautiful neighborhoods of Danville, and enjoy the convenience of the big city while living in small town comfort.

Recreation areas are plentiful! The many different coal mining areas in Danville may no longer be active, but they have been put to good use. Two of the largest mines have been converted into beautiful man-made lakes at the Kickapoo State Recreation Area and Kennekuk Cove County Park. Set up camp on these picturesque lakes and enjoy the recreation of a pristine lake year-round. Enjoy the seasonal festivities, held at some of the recreation areas within Danville, as well - such as the Festival of Trees and the World's Largest Gathering of Elves!

Find your Ideal home! Danville is a great area to purchase a property. Homes for sale here average about $90,000 (in 2011), much less than the average cost in Illinois. Check out neighborhoods like Elmwood and Lincoln Park, which both have residential hot spots. This lower cost can benefit those who are just starting out or those who are looking to make a change. The area is beautiful and centrally located, making this lower cost even more appealing - the cost of living index is only 83 here, versus the average of 100 in the United States.

Famous folks! You might not have heard of Danville, IL before, but you've surely heard of some of the city's famous sons and daughters. Dick Van Dyke, Jerry Van Dyke and Gene Hackman are all former residents of Danville, and grew up in neighborhoods like Holiday Hills. Lay out in the sun and relax by Lake Vermillion, just as these actors must have, and dream about your famous future!