Rent to own Homes in Elmhurst, IL
Small-town life, big-city style. For only an average price of $235 per square foot, you can call yourself an almost-Chicago dweller by living in Elmhurst. Enjoy cultured small-town amenities in Elmhurst and then hop on the town's own Pace Metro to visit the big Windy City any time of the day!
Elmhurst, IL is a great place for affordable rent-to-own homes! With a median household income of over $123,869 and a median rent of $1,490, the Elmhurst, 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 Elmhurst, 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 Elmhurst, IL Property Resources
Rent to own Homes in Cities Near Elmhurst, IL
- Alsip
- Arlington Heights
- Batavia
- Bedford Park
- Bellwood
- Berkeley
- Bridgeview
- Broadview
- Burbank
- Carol Stream
- Carpentersville
- Downers Grove
- East Dundee
- Elmhurst
- Fairmont
- Forest Park
- Glendale Heights
- Glen Ellyn
- Glenview
- Golf
- Hanover Park
- Hawthorn Woods
- Hodgkins
- Hometown
- La Grange Park
- Lake Barrington
- Lincolnshire
- Lockport
- Lombard
- Maywood
- Melrose Park
- Merrionette Park
- Midlothian
- Mokena
- Naperville
- Norridge
- Oak Brook
- Oak Forest
- Palatine
- Palos Heights
- Plainfield
- Ridgewood
- Rockdale
- Rosemont
- Schaumburg
- Schiller Park
- South Elgin
- Westchester
- Willow Springs
- Wilmette
Popular Zip Codes in Elmhurst, IL
60126 rent to own homesBuying a Home in Elmhurst, IL
Elmhurst, IL is seeing rapid growth and Elmhurst, IL's' housing market remains not optimal with an average home price that is 103% above the 2024 national average. Elmhurst, IL is part of DuPage 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 DuPage is 1.71% which is above the national average, which is 0.99%.
Median Home Price in Elmhurst, IL
Median Rent in Elmhurst, IL
Nine Reasons to Live in Elmhurst, IL
Charming neighborhoods! If you're beginning that quest for rent to own houses, you are in for a sweet deal. Elmhurst has many great rent to own options. You can discover single, two-bedroom and three-bedroom options and much more whether you're looking around tree-lined Grand Avenue or relaxing St. Charles Road.
History! Enjoy exploring the town's background at the Elmhurst Historical Society, walk the paths of Elmhurst College or stop in at the Elmhurst Theater.
Lizzardo Museum of Lapidary Art. This unique collection is truly one of a kind, with beautiful examples of stone, mineral and gemstone decorative items. And outside the museum is a great spot for street performers. Line up to applaud!
Booming house values! Housing values in Elmhurst went up 12% in the last year, with another 3.2% of growth projected for the coming year. Grab your own top-notch rent to own homes while you can. Check out neighborhoods near Elmhurst's active downtown area for sweet apartment rentals and other housing options. You'll love the double header of Plunkett and Salt Creek Parks in the West St. Charles Street neighborhood.
Elmhurst Park District! This neighborhood offers amazing activities. Check out bridal shows and exhibitions at the Wilder Mansion Park in the spring when this beautiful green space is also home to the town's annual Easter egg hunt. Anytime of year, it's the ideal spot for picnics and relaxing.
Art, art, art! Gaze at beautiful paintings in the Elmhurst Public Library, which houses exhibits that rotate throughout the year. Or visit the wonderful Elmhurst Art Museum for a look at local and national artists. Special museum days for the whole family are offered year round.
Live in one with nature! Elmhurst's western Villa Park area offers a good balance of short- and long-term renters, as well as home owners, with an average listing price for homes being $342,800. This area is also known for the pretty Lombard Park.
Tasty treats! Elmhurst has been able to attract quality chef to the area. A couple of additions to the local Italian food scene are Two Brothers From Italy and Cafe Amano, both of which offer authentic fare. Homemade pasta? Tiramisu? Manga!