Rent to own Homes in Hinsdale, IL
Hinsdale is a village of 17,261 that is truly one of Illinois' best places to live. Chicago is just 21 miles to the east, and the village boasts three qualities you want in a town: it's charming, friendly, and beautiful. It's a place where history and modernity mingle seamlessly. With ample amenities, a quaint downtown with plenty of entertainment, and excellent housing selections, you're making a good choice to unpack your bags and settle down in Hinsdale. It's got all the right ingredients.
Hinsdale, IL is a great place for affordable rent-to-own homes! With a median household income of over $206,701 and a median rent of $1,816, the Hinsdale, 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 Hinsdale, 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 Hinsdale, IL Property Resources
Rent to own Homes in Cities Near Hinsdale, IL
- Alsip
- Batavia
- Bedford Park
- Berkeley
- Bridgeview
- Broadview
- Burbank
- Burr Ridge
- Calumet Park
- Chicago Heights
- Countryside
- Crest Hill
- Crestwood
- Crystal Lawns
- Downers Grove
- Elmhurst
- Fairmont
- Flossmoor
- Forest Park
- Frankfort
- Frankfort Square
- Glendale Heights
- Glen Ellyn
- Glenview
- Hanover Park
- Hodgkins
- Hometown
- Homewood
- La Grange Park
- Lockport
- Lombard
- Manhattan
- Markham
- Maywood
- Melrose Park
- Merrionette Park
- Midlothian
- Mokena
- Naperville
- Oak Brook
- Oak Forest
- Palos Heights
- Palos Park
- Park Forest
- Phoenix
- Plainfield
- Rosemont
- Tinley Park
- Woodridge
- Worth
Neighborhoods in Hinsdale, IL
Downtown Hinsdale rent to own homesBuying a Home in Hinsdale, IL
Hinsdale, IL is seeing rapid growth and Hinsdale, IL's' housing market remains not optimal with an average home price that is 306% above the 2024 national average. Hinsdale, 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 Hinsdale, IL
Median Rent in Hinsdale, IL
Top 5 Reasons to Live in Hinsdale, IL
Explore the architecture downtown! The Downtown Hinsdale Historic District showcases a range of classic architectural styles, including Queen Anne, Italianate, and Renaissance Revival. A national landmark, the district features many iconic buildings, most notably the Hinsdale Memorial Building, a beautiful Georgian Revival style structure built in 1929 that houses the public library and government offices. Other famous landmarks include the Papenhausen Building, Hinsdale Theater, and numerous commercial blocks.
Get a residence with a spacious yard! Hinsdale's combo of proximity to the bustling city of Chicago and homes with ample space is what makes it so great. You get the best of suburban and urban life. Single-family dwellings comprise 81.3% of housing units in Hinsdale. Hence, you have a good chance to get a property with a lawn that you can use as you please. Subdivisions like The Woodlands and Golfview Hills have lots of estates with sizable yards.
Enjoy the cafes, eateries, and bars! Hinsdale, especially in and around downtown, is full of places to have coffee, a meal, and a beer. Cafe La Fortuna is a local favorite that serves all sorts of organic coffee brews. Cine Hinsdale is a popular dining spot for everything from tacos to salmon salad. And The Village Cellar is perfect if you want to spend an evening sampling wines and conversing with friends.
Own real estate in a thriving market! Housing value in Hinsdale has increased 5.4% over the last 12 months a solid and healthy growth rate. Forecasts indicate Hinsdale's housing market should continue to rise in value for years to come. If you buy or rent to own now, you are making a good investment, as prices should only be going up in the future. You can find a suitable community in many areas of town, including the Ashbury Woods and Timberlake Estates neighborhoods.
Get to Chicago in no time! Whether you live near the Robbins Park Historic District or by Burns Field Park, you can get to Chicago without much hassle and visit the attractions there. Via car, you can get within the Loop in just a half hour if you take I-294 North to I-290 East. Hopping on a train at the Hinsdale Metra Station will put you in the midst of skyscrapers in just 45 minutes.