Rent to own Homes in Lisle, IL
Founded in 1832,Lisle was the first permanent pioneer settlement in Dupage County. These days, the Village of Lisle is home to about 23,000 people; it's a small town with easy metropolitan access, lying just 25 miles west of Chicago. Home to Benedictine University, Lisle is a nice mix of a college town, suburban community and business area. The corporate center near downtown is home to several large companies that provide regional employment opportunities.
Lisle, IL is a great place for affordable rent-to-own homes! With a median household income of over $96,945 and a median rent of $1,333, the Lisle, 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 Lisle, 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 Lisle, IL Property Resources
Rent to own Homes in Cities Near Lisle, 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
Neighborhoods in Lisle, IL
Beau Bien rent to own homesPopular Zip Codes in Lisle, IL
60532 rent to own homesBuying a Home in Lisle, IL
Lisle, IL is seeing rapid growth and Lisle, IL's' housing market remains not optimal with an average home price that is 66% above the 2024 national average. Lisle, 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 Lisle, IL
Median Rent in Lisle, IL
Five Great Reasons to Love Living in Lisle, IL
Morton Arboretum! Covering 1,700 acres and boasting well over 4,000 species of trees and shrubs, the Morton Arboretum is the pride of Lisle and the region. Specialty areas like The Maze and Children's Garden enhance the experience. In the winter, enjoy the holiday lights. Chamber concerts at Thornhill Education Center bring outstanding performances to town.
Variety of housing options! Expansive luxury homes on big lots can be found near Hickory Grove Forest Preserve, while condos and townhouses are located by Naperville Country Club. Persons seeking rental homes can find them near the Historic District or Kendall Park. There are some very nice properties near River Bend Golf Club as well.
Beautifully redeveloped downtown! The Village has transformed the downtown area into a mix of green space, fine dining, retail establishments and businesses. PrairieWalk Pond is a lovely addition, with a 4.5-acre natural area that includes wetlands and a gazebo. The bustling commercial area along Ogden Avenue and near the Lisle Train Station invites commuters and visitors alike to enjoy what downtown Lisle has to offer.
Nice home values! The median sale price of $264,000 in late 2014 was a full 10 percent higher than the year before, representing a growing real estate market that offers sound investment opportunities for those looking for a rental property. Convenience and connections to transportation corridors like I-88 and I-355, coupled with rail and bus services, means getting anywhere in Chicago isn't too hard. Look for homes along Maple Ave and Burlington Ave.
Festivals and fun restaurants! The annual Eyes to the Skies Hot Air Balloon Festival draws fans from all over who want to experience a balloon flight, or just watch them. The holidays welcome the Lights of Lisle Holiday Festival. When it's time to find a great place to eat, try The Bavarian Lodge on Ogden Street for great German fare. Another fine choice for grabbing a bite after a day of searching for rent to own homes is the Mexican food at Yerba Buena on Main St.