Rent to own Homes in Edgewood, IL

Edgewood, IL is a great place for affordable rent-to-own homes! With a median household income of over $44,000 and a median rent of $656, the Edgewood, 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 Edgewood, 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 Edgewood, IL rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
Hot
103 N WALNUT ST
Rent To Own
 
Single Family Home
Saint Elmo, IL 62458
4
4
2496 ft2
1895
512 E BRENTWOOD AVE
Rent To Own
 
Single Family Home
Effingham, IL 62401
2
1
820 ft2
1952
1 of 33 1719 N STATE RD
Rent To Own
 
Single Family Home
Flora, IL 62839
4
3
2700 ft2
2015
1 of 25 102 W 3RD ST
Rent To Own
 
Multifamily (5+ Units)
Flora, IL 62839
2
2
1900 ft2
1915
Hot
616 W EDWARDS ST
Rent To Own
 
Single Family Home
Vandalia, IL 62471
3
3
1900 ft2
1926
Hot
1 of 29 1291 COUNTY ROAD 275 N
Rent To Own
 
Single Family Home
Jewett, IL 62436
3
2
2600 ft2
1995
Hot
307 N ILLINOIS ST
Rent To Own
 
Single Family Home
Toledo, IL 62468
2
1
1032 ft2
1934
1 of 34 1444 county rd 1500N
Rent To Own
 
Multifamily (2 - 4 Units)
Geff, IL 62842
4
3
1568 ft2
1994
1 of 5 1239 CEDAR CREEK LN
Rent To Own
 
Single Family Home
Centralia, IL 62801
3
2
1664 ft2
2001
New
1 of 8 502 Poplar
REO Foreclosure
 
Single Family Home
Edgewood, IL 62426
5
2
1170 ft2
1 of 4 978 N MADISON ST
Auction
 
Single Family Home
Mason, IL 62443
3
1
384 ft2
1950
Hot
306 N MULBERRY ST
REO Foreclosure
 
Single Family Home
Farina, IL 62838
3
1
1450 ft2
1955
2707 PINE HURST ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Effingham, IL 62401
1
2
1744 ft2
1995
202 N ADAMS ST
REO Foreclosure
 
Single Family Home
Kinmundy, IL 62854
5
2
896 ft2
1935
1207 S 4TH ST
REO Foreclosure
 
Single Family Home
Effingham, IL 62401
1
1
1292 ft2
1935
1001 W EDGAR AVE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Effingham, IL 62401
1
1
744 ft2
1922
1108 S 3RD ST
REO Foreclosure
 
Single Family Home
Effingham, IL 62401
1
1
1104 ft2
1962
509 W CLINTON AVE
REO Foreclosure
 
Single Family Home
Effingham, IL 62401
1
2
1080 ft2
1950
713 S PARK ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Effingham, IL 62401
1
1
1106 ft2
1910
510 W CLINTON AVE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Effingham, IL 62401
1
2
1064 ft2
1920
105 E LAWRENCE AVE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Effingham, IL 62401
1
1
1248 ft2
1940
1403 S WILLOW ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Effingham, IL 62401
1
1
1040 ft2
1950
405 S 4TH ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Effingham, IL 62401
1
2
1479 ft2
1898
Hot
401 N MONROE ST
REO Foreclosure
 
Single Family Home
Kinmundy, IL 62854
2
2
980 ft2
1997
New
417 W KENTUCKY AVE
Auction
 
Single Family Home
Effingham, IL 62401
1
1
896 ft2
1917
New
104 S WILLOW ST
Auction
 
Single Family Home
Effingham, IL 62401
1
1
1299 ft2
1920
New
304 N 1ST ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Effingham, IL 62401
1
1
988 ft2
1930
609 N WORTHEY ST
Auction
 
Single Family Home
Flora, IL 62839
3
2
1716 ft2
2000
415 FLORA AVE
REO Foreclosure
 
Multifamily (5+ Units)
Flora, IL 62839
3
1
940 ft2
1940
1 of 50 119 N 1ST ST NW
REO Foreclosure
 
Multifamily (5+ Units)
Clay City, IL 62824
3
2
1792 ft2
1941
219 E WILLIAM ST
Auction
 
Single Family Home
Salem, IL 62881
3
1
975 ft2
233 W ALLMON ST
REO Foreclosure
 
Single Family Home
Salem, IL 62881
2
1
1120 ft2
1965
1 of 46 509 WILLOW PL
Auction
 
Single Family Home
Salem, IL 62881
3
3
2024 ft2
Hot
527 S ROTAN ST
REO Foreclosure
 
Single Family Home
Salem, IL 62881
2
1
1134 ft2
1930
1 of 19 647 COUNTY HIGHWAY 9
REO Foreclosure
 
Single Family Home
Neoga, IL 62447
4
2
1632 ft2
2000
1 of 9 2209 CHARLTON RD
Auction
 
Single Family Home
Kell, IL 62853
3
1
1188 ft2
110 N ELM ST
Short Sale
 
Single Family Home
Vandalia, IL 62471
3
2
956 ft2
1925
1 of 17 1304 W SAINT LOUIS AVE
Auction
 
Single Family Home
Vandalia, IL 62471
5
2
2070 ft2
1945
Hot
2211 W MAIN ST
Short Sale
 
Single Family Home
Salem, IL 62881
3
1
1427 ft2
1940
Hot
1839 W JOHNSON ST
REO Foreclosure
 
Single Family Home
Vandalia, IL 62471
3
2
1560 ft2
1996
1 of 10 802 LOCUST AVE
Auction
 
Single Family Home
Neoga, IL 62447
4
2
2357 ft2
1896
New
1 of 4 1775 COUNTY HIGHWAY 26
Auction
 
Single Family Home
Shelbyville, IL 62565
3
2
1680 ft2
1996
2169 ELM LN
REO Foreclosure
 
Single Family Home
Centralia, IL 62801
3
1
720 ft2
1986
Hot
1528 RED STRIPE RD
REO Foreclosure
 
Single Family Home
Odin, IL 62870
3
1
1477 ft2
1952
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Buying a Home in Edgewood, IL

Edgewood, IL is seeing rapid growth and Edgewood, IL's' housing market remains optimal with an average home price that is -73% below the 2024 national average. Edgewood, IL is part of Effingham 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 Effingham is 1.54% which is above the national average, which is 0.99%.

Median Home Price in Edgewood, IL

Median Rent in Edgewood, IL

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