Rent to own Homes in Mackinaw, IL

Mackinaw, IL is a great place for affordable rent-to-own homes! With a median household income of over $66,154 and a median rent of $750, the Mackinaw, 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 Mackinaw, 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 Mackinaw, 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 33 23 PEBBLEBROOK CT
Rent To Own
Fox Creek Road
Single Family Home
Bloomington, IL 61705
5
4
4709 ft2
1997
213 E HIGH ST
Rent To Own
 
Single Family Home
Princeville, IL 61559
3
2
1272 ft2
1955
Hot
1 of 28 325 N PENNSYLVANIA AVE
Rent To Own
 
Single Family Home
Morton, IL 61550
5
4
3279 ft2
2015
1 of 34 226 POCONO AVE
Rent To Own
 
Single Family Home
Morton, IL 61550
5
4
3550 ft2
2016
Hot
1 of 20 309 N OKLAHOMA AVE
Rent To Own
 
Single Family Home
Morton, IL 61550
3
3
1459 ft2
1969
1 of 14 196 TUSCANY CT
Rent To Own
 
Single Family Home
Morton, IL 61550
3
3
1902 ft2
2014
Hot
1 of 19 360 S GLEN AVE
Rent To Own
 
Single Family Home
Morton, IL 61550
4
3
1907 ft2
1948
1 of 38 428 W MAIN ST
Rent To Own
 
Single Family Home
Stanford, IL 61774
3
2
1216 ft2
1897
Hot
1 of 4 117 CAMELIN DR
Rent To Own
 
Single Family Home
Washington, IL 61571
4
3
5341 ft2
2022
252 SHEFFIELD RD
Rent To Own
 
Single Family Home
Groveland, IL 61535
4
2
1995 ft2
1974
1 of 23 410 LOTUS LN
Rent To Own
 
Single Family Home
Washington, IL 61571
3
1
1009 ft2
1959
1930-1932 Mayflower Drive
Rent To Own
 
Multifamily (2 - 4 Units)
Pekin, IL 61554
3
2
1520 ft2
2020
Hot
1 of 26 104 LEE CT
Rent To Own
 
Single Family Home
East Peoria, IL 61611
3
2
1144 ft2
1989
1 of 31 105 WHISTLING STRAIT
Rent To Own
 
Single Family Home
Washington, IL 61571
4
3
3646 ft2
2011
1 of 30 324 BROOKVIEW RD
Rent To Own
 
Single Family Home
East Peoria, IL 61611
4
2
2100 ft2
1959
1 of 14 #2 Woodhaven Court
Rent To Own
 
Multifamily (2 - 4 Units)
Metamora, IL 61548
3
2
1500 ft2
1981
Hot
1 of 36 121 FLEUR DE LIS DR
Rent To Own
 
Single Family Home
East Peoria, IL 61611
4
4
3966 ft2
1994
1 of 11 608 W 5TH ST
Rent To Own
 
Single Family Home
Delavan, IL 61734
3
2
1196 ft2
1980
1 of 50 332 PARK AVE
Rent To Own
 
Single Family Home
East Peoria, IL 61611
3
2
1554 ft2
2010
403 PROSPECT AVE
Rent To Own
 
Single Family Home
East Peoria, IL 61611
1
1
480 ft2
1939
1 of 8 106 CASTLEMAN CT
Rent To Own
 
Single Family Home
Creve Coeur, IL 61610
3
2
1625 ft2
2008
1 of 30 503 SOMERSET DR
Rent To Own
 
Single Family Home
Germantown Hills, IL 61548
6
3
3209 ft2
2012
1 of 42 1500 GINGOTEAGUE WAY
Rent To Own
South Of Broadway
Single Family Home
Pekin, IL 61554
3
3
4400 ft2
2000
1 of 9 224 SYLVAN LN
Rent To Own
 
Single Family Home
Creve Coeur, IL 61610
2
1
1075 ft2
1941
Hot
1308 NE ROCK ISLAND AVE
Rent To Own
Averyville
Single Family Home
Peoria, IL 61603
2
2
938 ft2
1933
Hot
1513 NE PERRY AVE
Rent To Own
North Valley
Single Family Home
Peoria, IL 61603
5
2
2255 ft2
1930
1 of 10 401 SW Water Street, Unit 410
Rent To Own
Downtown Peoria
Multifamily (2 - 4 Units)
Peoria, IL 61602
1
1
607 ft2
1910
1 of 8 710 HICKORY CREEK CT
Rent To Own
 
Single Family Home
Metamora, IL 61548
3
3
2300 ft2
1992
1 of 57 1015 SAINT JULIAN ST
Rent To Own
North Of Broadway
Single Family Home
Pekin, IL 61554
3
2
1626 ft2
1955
1011 CHESTNUT ST
Rent To Own
North Of Broadway
Single Family Home
Pekin, IL 61554
3
2
1542 ft2
2003
Hot
1 of 11 2806 N WISCONSIN AVE
Rent To Own
East Bluff
Single Family Home
Peoria, IL 61603
3
1
1624 ft2
1945
Hot
1 of 21 2132 N HAMPTON CT
Rent To Own
West Bluff
Single Family Home
Peoria, IL 61604
3
1
1087 ft2
1942
132 Hollyhock Lane
Rent To Own
 
Multifamily (2 - 4 Units)
Metamora, IL 61548
4
1
1660 ft2
1980
1 of 9 206 E MAIN ST
Rent To Own
 
Single Family Home
Green Valley, IL 61534
3
3
2000 ft2
1894
1 of 36 115 W MERLE LN
Rent To Own
North Florence
Single Family Home
Peoria, IL 61604
4
3
2936 ft2
1954
Hot
1 of 14 2907 W STARR ST
Rent To Own
South Peoria
Single Family Home
Peoria, IL 61605
3
2
1260 ft2
1914
1 of 21 8 EMERALD CREST CT
Rent To Own
Fox Creek Road
Single Family Home
Bloomington, IL 61705
5
5
4200 ft2
2006
1 of 30 4603 W WHIPP AVE
Rent To Own
Bartonville
Single Family Home
Bartonville, IL 61607
3
2
936 ft2
1937
1 of 21 1723 W LAMONT AVE
Rent To Own
Central Peoria
Single Family Home
Peoria, IL 61614
3
1
1186 ft2
1959
1 of 6 901 S HINSHAW AVE
Rent To Own
 
Single Family Home
Bloomington, IL 61701
3
3
2004 ft2
1984
1 of 21 3806 South Airport Road
Rent To Own
Bartonville
Multifamily (2 - 4 Units)
Bartonville, IL 61607
3
1
1060 ft2
1970
Hot
1 of 47 115 N ADELAIDE ST
Rent To Own
 
Single Family Home
Normal, IL 61761
4
2
2800 ft2
1955
1 of 19 6903 N PATRICIA LN
Rent To Own
North Peoria
Single Family Home
Peoria, IL 61614
3
2
1008 ft2
1959
1 of 18 304 BELVIEW AVE
Rent To Own
 
Single Family Home
Normal, IL 61761
3
2
1580 ft2
1961
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Buying a Home in Mackinaw, IL

Mackinaw, IL is seeing rapid growth and Mackinaw, IL's' housing market remains optimal with an average home price that is -36% below the 2024 national average. Mackinaw, IL is part of Tazewell 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 Tazewell is 1.85% which is above the national average, which is 0.99%.

Median Home Price in Mackinaw, IL

Median Rent in Mackinaw, IL

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