Rent to own Homes in El Paso, IL

El Paso, IL is a great place for affordable rent-to-own homes! With a median household income of over $61,442 and a median rent of $773, the El Paso, 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 El Paso, 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 El Paso, IL rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
1 of 33 23 PEBBLEBROOK CT
Rent To Own
Fox Creek Road
Single Family Home
Bloomington, IL 61705
5
4
4709 ft2
1997
1 of 43 112 MALLARD WAY
Rent To Own
 
Single Family Home
Hudson, IL 61748
4
4
4524 ft2
2019
1 of 18 304 BELVIEW AVE
Rent To Own
 
Single Family Home
Normal, IL 61761
3
2
1580 ft2
1961
Hot
1 of 38 3193 MARIMARSH LN
Rent To Own
 
Single Family Home
Normal, IL 61761
4
4
3111 ft2
2005
Hot
1 of 47 115 N ADELAIDE ST
Rent To Own
 
Single Family Home
Normal, IL 61761
4
2
2800 ft2
1955
Hot
1 of 28 20 ARDITH DR
Rent To Own
 
Single Family Home
Normal, IL 61761
3
1
2200 ft2
1964
1 of 59 5 SMOKEY CT
Rent To Own
Hawthorne Hills
Single Family Home
Bloomington, IL 61704
5
3
5196 ft2
2001
1 of 17 106 Champion Dr
Rent To Own
 
Multifamily (2 - 4 Units)
Chenoa, IL 61726
3
2
2016 ft2
2001
Hot
1 of 6 5 NORTHCREST CT
Rent To Own
Country Club Place-Northcrest
Single Family Home
Bloomington, IL 61701
4
4
4163 ft2
1969
Hot
1 of 36 906 E LOCUST ST
Rent To Own
 
Single Family Home
Bloomington, IL 61701
4
2
1776 ft2
1910
1 of 6 901 S HINSHAW AVE
Rent To Own
 
Single Family Home
Bloomington, IL 61701
3
3
2004 ft2
1984
Hot
1 of 42 3305 CUMBRIA DR
Rent To Own
Old Farm Lakes
Single Family Home
Bloomington, IL 61704
2
3
2141 ft2
1991
1 of 21 8 EMERALD CREST CT
Rent To Own
Fox Creek Road
Single Family Home
Bloomington, IL 61705
5
5
4200 ft2
2006
1 of 17 2802 BUNN ST
Rent To Own
 
Single Family Home
Bloomington, IL 61704
3
1
2400 ft2
1979
Hot
1 of 37 19685 MALLINGHAM WAY
Rent To Own
 
Single Family Home
Bloomington, IL 61705
4
4
4202 ft2
1993
1 of 38 428 W MAIN ST
Rent To Own
 
Single Family Home
Stanford, IL 61774
3
2
1216 ft2
1897
1 of 24 108 N SEIGEL ST
Rent To Own
 
Single Family Home
Lostant, IL 61334
3
2
1910 ft2
1982
1 of 14 #2 Woodhaven Court
Rent To Own
 
Multifamily (2 - 4 Units)
Metamora, IL 61548
3
2
1500 ft2
1981
132 Hollyhock Lane
Rent To Own
 
Multifamily (2 - 4 Units)
Metamora, IL 61548
4
1
1660 ft2
1980
Hot
1 of 28 325 N PENNSYLVANIA AVE
Rent To Own
 
Single Family Home
Morton, IL 61550
5
4
3279 ft2
2015
1 of 34 226 POCONO AVE
Rent To Own
 
Single Family Home
Morton, IL 61550
5
4
3550 ft2
2016
1 of 30 503 SOMERSET DR
Rent To Own
 
Single Family Home
Germantown Hills, IL 61548
6
3
3209 ft2
2012
Hot
1 of 20 309 N OKLAHOMA AVE
Rent To Own
 
Single Family Home
Morton, IL 61550
3
3
1459 ft2
1969
1 of 8 710 HICKORY CREEK CT
Rent To Own
 
Single Family Home
Metamora, IL 61548
3
3
2300 ft2
1992
Hot
1 of 19 360 S GLEN AVE
Rent To Own
 
Single Family Home
Morton, IL 61550
4
3
1907 ft2
1948
1 of 23 410 LOTUS LN
Rent To Own
 
Single Family Home
Washington, IL 61571
3
1
1009 ft2
1959
Hot
1 of 4 117 CAMELIN DR
Rent To Own
 
Single Family Home
Washington, IL 61571
4
3
5341 ft2
2022
1 of 31 105 WHISTLING STRAIT
Rent To Own
 
Single Family Home
Washington, IL 61571
4
3
3646 ft2
2011
1 of 14 196 TUSCANY CT
Rent To Own
 
Single Family Home
Morton, IL 61550
3
3
1902 ft2
2014
Hot
22 BLACK PARTRIDGE RUN
Rent To Own
 
Single Family Home
Hopewell, IL 61565
3
3
1836 ft2
1978
1 of 25 813 GREEN ST
Rent To Own
 
Single Family Home
Henry, IL 61537
3
3
1958 ft2
1978
1 of 12 5307 E RICHLAND AVE
Rent To Own
 
Single Family Home
Chillicothe, IL 61523
3
1
1013 ft2
1950
1 of 22 1142 W CEDAR CT
Rent To Own
 
Single Family Home
Chillicothe, IL 61523
4
2
1906 ft2
1977
501 S JACKSON ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Flanagan, IL 61740
5
1
2390 ft2
1906
410 S MAIN ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Flanagan, IL 61740
3
1
1370 ft2
1946
311 S MAIN ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Flanagan, IL 61740
4
1
1536 ft2
1900
Hot
1 of 4 201 N CHURCH ST
Short Sale
 
Single Family Home
Roanoke, IL 61561
3
1
1126 ft2
1900
Hot
212 S JACKSON ST
Short Sale
 
Single Family Home
Flanagan, IL 61740
4
2
1594 ft2
1968
100 N JACKSON ST
Auction
 
Single Family Home
Flanagan, IL 61740
5
1
2026 ft2
1890
Hot
1 of 9 402 TRAVIS DR
Short Sale
 
Single Family Home
Carlock, IL 61725
3
2
2496 ft2
2007
2277 ELWOOD LN
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Normal, IL 61761
4
3
2336 ft2
2002
1834 CHUCK MURRAY DR
Short Sale
 
Single Family Home
Normal, IL 61761
3
3
1726 ft2
2003
New
407 STANHOPE LN
Auction
 
Single Family Home
Normal, IL 61761
3
3
1462 ft2
1992
New
1 of 54 1636 BELCLARE RD
Auction
 
Single Family Home
Normal, IL 61761
3
4
1619 ft2
2005
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Neighborhoods in El Paso, IL

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Popular Zip Codes in El Paso, IL

61738 rent to own homes

Buying a Home in El Paso, IL

El Paso, IL is seeing rapid growth and El Paso, IL's' housing market remains optimal with an average home price that is -46% below the 2024 national average. El Paso, IL is part of Woodford 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 Woodford is 1.9% which is above the national average, which is 0.99%.

Median Home Price in El Paso, IL

Median Rent in El Paso, IL

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