Rent to own Homes in La Grange, IL
When it was founded by Franklin Dwight Cossitt, La Grange was set up to be a village with a peaceful rural lifestyle. Much has changed since and today the village is a popular Chicago suburb. Situated only 13 miles away from the Chicago Loop, its proximity to the city is a blessing for commuters. La Grange got its name from a town by the same name in Fayette County, Tennessee, where Cossitt grew up.
La Grange, IL is a great place for affordable rent-to-own homes! With a median household income of over $122,629 and a median rent of $1,290, the La Grange, 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 La Grange, 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.
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Rent to own Homes in Cities Near La Grange, IL
- Alsip
- Bannockburn
- Bedford Park
- Berkeley
- Bridgeview
- Broadview
- Burbank
- Burnham
- Chicago Heights
- Downers Grove
- Elmhurst
- Evanston
- Forest Park
- Frankfort
- Frankfort Square
- Glendale Heights
- Glen Ellyn
- Glenview
- Golf
- Hanover Park
- Highland Park
- Highwood
- Hodgkins
- Hometown
- Indian Head Park
- La Grange Park
- Lincolnshire
- Lockport
- Lombard
- Markham
- Marley
- Maywood
- Melrose Park
- Merrionette Park
- Midlothian
- Mokena
- Naperville
- Niles
- Oak Brook
- Oakbrook Terrace
- Oak Forest
- Palatine
- Palos Heights
- Rosemont
- Schaumburg
- Schiller Park
- Thornton
- Westchester
- Willow Springs
- Wilmette
Neighborhoods in La Grange, IL
La Grange rent to own homesPopular Zip Codes in La Grange, IL
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La Grange, IL is seeing rapid growth and La Grange, IL's' housing market remains not optimal with an average home price that is 136% above the 2024 national average. La Grange, IL is part of Cook 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 Cook is 1.38% which is above the national average, which is 0.99%.
Median Home Price in La Grange, IL
Median Rent in La Grange, IL
Top 6 Reasons To Live in La Grange, IL
Famous for public activities! Anyone that values a close-knit community will enjoy La Grange. Events from historic house walks organized by the La Grange Area Historical Society to major art fairs such as the West End Art Festival and farmer's markets regularly occur in the downtown area. The town even has an annual pet parade.
This place is well-connected! La Grange is a great place to put up your feet, but if you need to commute you'll be able to work quickly thanks to efficient public transportation. The village has easy access to Chicago and Aurora in the form of the BNSF Railway, which has stations at Stone Avenue and La Grange Road. There are also two airports situated relatively nearby.
Well-kept, beautiful houses! Houses in La Grange are luxurious and in demand, which shown by the high amount of owner-occupied homes. There are wonderful rent to own homes that can be found in the village. Apart from the lovely homes, those with a sweet tooth will love Audie's All These Sweets and Treats' delicious cookies, ice cream and snowballs, and Lilett's Candies is also well stocked with gourmet chocolate and candy.
Plenty of spacious homes! La Grange boasts as many 4 bedroom houses as 2 bedroom units. So even though there are lovely apartment complexes such Villa Venice Condominiums and Homestead Apartments in La Grange, those looking for a spacious property will not have trouble finding one.
Holidays are a big deal in La Grange! The village is a sight to behold in December during the La Grange annual Hometown Holiday with costumed Dickens characters, horse-drawn carriages and carolers abound. La Grange is lovely during the holidays, but October sees the town get spooky thanks to the LGBA-sponsored October Halloween Walk.
Nature is at your doorstep! La Grange is great for lovers of the great outdoors. The Park District of La Grange has about 67 acres of park land spread across 11 locations and offers plenty of recreation programs. The nearby Forest Preserve District of Cook County boasts more than 100 miles of trails for bikers and joggers.