Rent to own Homes in Forrest, IL

Forrest, IL is a great place for affordable rent-to-own homes! With a median household income of over $61,058 and a median rent of $595, the Forrest, 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 Forrest, 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 Forrest, 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 17 106 Champion Dr
Rent To Own
 
Multifamily (2 - 4 Units)
Chenoa, IL 61726
3
2
2016 ft2
2001
Hot
1 of 8 621 W STATE ST
Rent To Own
 
Single Family Home
Paxton, IL 60957
3
1
1056 ft2
1976
1 of 19 61 GLENBROOK LN
Rent To Own
 
Single Family Home
Fisher, IL 61843
3
2
1288 ft2
1980
105 N CHANUTE ST
Rent To Own
 
Single Family Home
Rantoul, IL 61866
2
1
720 ft2
1925
Hot
1 of 37 19685 MALLINGHAM WAY
Rent To Own
 
Single Family Home
Bloomington, IL 61705
4
4
4202 ft2
1993
1 of 11 208 S WEST ST
Rent To Own
 
Single Family Home
Gifford, IL 61847
3
3
1038 ft2
1972
Hot
1 of 15 2795 STONE RIDGE DR
Rent To Own
 
Single Family Home
Kankakee, IL 60901
4
3
2958 ft2
2004
3225 COUNTY ROAD 1600 E
Rent To Own
 
Single Family Home
Rantoul, IL 61866
4
2
1795 ft2
2003
New
1 of 26 410 S CENTER ST
Auction
 
Single Family Home
Forrest, IL 61741
3
1
2088 ft2
1906
New
1 of 31 308 S WILLIAMS ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Forrest, IL 61741
3
1
1499 ft2
1893
New
319 W NORTH ST
Auction
 
Single Family Home
Forrest, IL 61741
3
1
1220 ft2
1954
7380 N 3000 EAST RD
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Chatsworth, IL 60921
4
2
2176 ft2
1979
New
1 of 28 23277 E 1225 NORTH RD
Auction
 
Single Family Home
Fairbury, IL 61739
4
2
2405 ft2
2015
1 of 3 306 E OAK ST
Auction
 
Single Family Home
Fairbury, IL 61739
2
1
1786 ft2
1910
1 of 25 111 E MAPLE ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Fairbury, IL 61739
2
2
1798 ft2
1898
210 S 3RD ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Fairbury, IL 61739
4
1
1927 ft2
1895
313 W ELM ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Fairbury, IL 61739
3
1
2172 ft2
1908
511 W CHESTNUT ST
Auction
 
Single Family Home
Fairbury, IL 61739
3
1
1028 ft2
1900
312 E SPRUCE ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Chatsworth, IL 60921
4
1
1344 ft2
1992
211 N 5TH ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Chatsworth, IL 60921
2
1
1485 ft2
1905
1 of 26 506 E HICKORY ST
REO Foreclosure
 
Single Family Home
Chatsworth, IL 60921
3
1
1493 ft2
1900
604 E ASH ST
REO Foreclosure
 
Single Family Home
Chatsworth, IL 60921
2
1
1125 ft2
1926
265 N 3300 EAST RD
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Strawn, IL 61775
3
1
1773 ft2
1938
281 E 1500 NORTH RD
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Strawn, IL 61775
3
1
1206 ft2
1900
1216 N 700E RD
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Sibley, IL 61773
3
1
1152 ft2
1900
220 W JEFFERY ST
Auction
 
Single Family Home
Cullom, IL 60929
3
1
2044 ft2
1966
New
1 of 32 311 E JEFFERY ST
Auction
 
Single Family Home
Cullom, IL 60929
3
2
2190 ft2
1922
19327 N 2100 EAST RD
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Pontiac, IL 61764
4
2
2426 ft2
1937
114 W VINE ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Piper City, IL 60959
3
2
1711 ft2
1915
230 E WALNUT ST
REO Foreclosure
 
Single Family Home
Piper City, IL 60959
3
2
1302 ft2
1900
1 of 57 207 E MAIN ST
REO Foreclosure
 
Single Family Home
Melvin, IL 60952
3
2
1260 ft2
1939
31610 E 2400 NORTH RD
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Emington, IL 60934
3
1
2687 ft2
1910
1 of 91 24666 N 2900 EAST RD
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Emington, IL 60934
4
1
2191 ft2
1896
New
1 of 28 302 E PINCKNEY ST
Auction
 
Single Family Home
Pontiac, IL 61764
3
2
1824 ft2
1913
1 of 64 904 N ILLINI AVE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Pontiac, IL 61764
4
1
1990 ft2
1968
112 W DILLER ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Pontiac, IL 61764
2
1
1008 ft2
1948
New
326 E TIMBER ST
Auction
 
Single Family Home
Pontiac, IL 61764
2
1
1008 ft2
1965
811 E MADISON ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Pontiac, IL 61764
2
1
1962 ft2
1918
1 of 22 619 E WASHINGTON ST
REO Foreclosure
 
Single Family Home
Pontiac, IL 61764
4
2
2202 ft2
1902
613 E HOWARD ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Pontiac, IL 61764
3
1
1133 ft2
1880
New
609 E HOWARD ST
Auction
 
Single Family Home
Pontiac, IL 61764
2
1
768 ft2
1951
New
308 E NORTH ST
Auction
 
Single Family Home
Pontiac, IL 61764
4
2
1878 ft2
1910
918 N HAZEL ST
Auction
 
Single Family Home
Pontiac, IL 61764
3
1
1480 ft2
1875
New
425 E ELMWOOD ST
Auction
 
Single Family Home
Pontiac, IL 61764
3
1
1285 ft2
1895
Map
Sponsored Link

More Forrest, IL Property Resources

Rent to own Homes in Cities Near Forrest, IL

Browse all Rent to own Homes in Illinois

Neighborhoods in Forrest, IL

No neighborhoods found

Popular Zip Codes in Forrest, IL

No zip codes found

Buying a Home in Forrest, IL

Forrest, IL is seeing rapid growth and Forrest, IL's' housing market remains optimal with an average home price that is -57% below the 2024 national average. Forrest, IL is part of Livingston 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 Livingston is 2.24% which is above the national average, which is 0.99%.

Median Home Price in Forrest, IL

Median Rent in Forrest, IL

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