Rent to own Homes in Patoka, IL

Patoka, IL is a great place for affordable rent-to-own homes! With a median household income of over $52,917 and a median rent of $663, the Patoka, 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 Patoka, 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 Patoka, IL rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
Hot
616 W EDWARDS ST
Rent To Own
 
Single Family Home
Vandalia, IL 62471
3
3
1900 ft2
1926
1 of 22 851 MULBERRY GROVE RD
Rent To Own
 
Single Family Home
Mulberry Grove, IL 62262
3
2
1568 ft2
1901
1 of 5 1239 CEDAR CREEK LN
Rent To Own
 
Single Family Home
Centralia, IL 62801
3
2
1664 ft2
2001
1 of 15 609 E HURON ST
Rent To Own
 
Single Family Home
Irvington, IL 62848
4
2
2680 ft2
1967
Hot
103 N WALNUT ST
Rent To Own
 
Single Family Home
Saint Elmo, IL 62458
4
4
2496 ft2
1895
Hot
1 of 10 750 ELIZABETH ST
Rent To Own
 
Single Family Home
Beckemeyer, IL 62219
2
1
1012 ft2
1945
1 of 44 602 HALLER DR
Rent To Own
 
Single Family Home
Pocahontas, IL 62275
4
2
2970 ft2
2002
1 of 85 12229 County Road 1535 North
Rent To Own
 
Multifamily (2 - 4 Units)
Mount Vernon, IL 62864
5
4
3500 ft2
1 of 17 1244 N 10TH ST
Rent To Own
 
Single Family Home
Mount Vernon, IL 62864
1
1
1200 ft2
2002
1 of 24 4 GRANT PL
Rent To Own
 
Single Family Home
Mount Vernon, IL 62864
5
4
5000 ft2
1910
1 of 42 107 ANGELA ST
Rent To Own
 
Single Family Home
Nashville, IL 62263
4
4
1728 ft2
1989
1 of 40 316 E LEBANON ST
Rent To Own
 
Single Family Home
Nashville, IL 62263
3
2
1620 ft2
1903
Hot
705 W MAIN ST
Rent To Own
 
Single Family Home
Taylor Springs, IL 62089
3
1
1200 ft2
1915
Hot
2211 W MAIN ST
Short Sale
 
Single Family Home
Salem, IL 62881
3
1
1427 ft2
1940
Hot
1528 RED STRIPE RD
REO Foreclosure
 
Single Family Home
Odin, IL 62870
3
1
1477 ft2
1952
1 of 38 16001 COLES CREEK RD
Auction
 
Single Family Home
Carlyle, IL 62231
3
1
576 ft2
1968
913 APPLE ST
REO Foreclosure
 
Single Family Home
Keyesport, IL 62253
3
1
1152 ft2
1910
1 of 46 509 WILLOW PL
Auction
 
Single Family Home
Salem, IL 62881
3
3
2024 ft2
219 E WILLIAM ST
Auction
 
Single Family Home
Salem, IL 62881
3
1
975 ft2
233 W ALLMON ST
REO Foreclosure
 
Single Family Home
Salem, IL 62881
2
1
1120 ft2
1965
Hot
527 S ROTAN ST
REO Foreclosure
 
Single Family Home
Salem, IL 62881
2
1
1134 ft2
1930
Hot
1839 W JOHNSON ST
REO Foreclosure
 
Single Family Home
Vandalia, IL 62471
3
2
1560 ft2
1996
110 N ELM ST
Short Sale
 
Single Family Home
Vandalia, IL 62471
3
2
956 ft2
1925
2169 ELM LN
REO Foreclosure
 
Single Family Home
Centralia, IL 62801
3
1
720 ft2
1986
903 HOWARD ST
REO Foreclosure
 
Single Family Home
Centralia, IL 62801
3
3
860 ft2
2006
1 of 5 59 SHERWOOD DR
Auction
 
Single Family Home
Centralia, IL 62801
4
2
2288 ft2
119 RANDOLPH DR
REO Foreclosure
 
Single Family Home
Centralia, IL 62801
3
2
1959 ft2
1963
426 S BEECH ST
REO Foreclosure
 
Single Family Home
Centralia, IL 62801
3
1
1293 ft2
1900
1 of 30 415 S PERRINE AVE
Auction
 
Single Family Home
Centralia, IL 62801
3
3
2319 ft2
405 N WOOD ST
REO Foreclosure
 
Single Family Home
Mulberry Grove, IL 62262
3
1
1304 ft2
1882
Hot
401 N MONROE ST
REO Foreclosure
 
Single Family Home
Kinmundy, IL 62854
2
2
980 ft2
1997
131 S WALL ST
REO Foreclosure
 
Single Family Home
Centralia, IL 62801
3
1
624 ft2
1941
1 of 3 1546 SALE BARN AVE
Auction
 
Single Family Home
Greenville, IL 62246
3
1
1216 ft2
1882
202 N ADAMS ST
REO Foreclosure
 
Single Family Home
Kinmundy, IL 62854
5
2
896 ft2
1935
1 of 9 2209 CHARLTON RD
Auction
 
Single Family Home
Kell, IL 62853
3
1
1188 ft2
424 SUNRISE HILL RD
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Carlyle, IL 62231
3
1
1828 ft2
1960
1571 FAIRFAX ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Carlyle, IL 62231
3
1
877 ft2
1900
1711 FRANKLIN ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Carlyle, IL 62231
5
3
2488 ft2
1949
1509 WILLOW ST
Short Sale
 
Single Family Home
Greenville, IL 62246
2
2
1342 ft2
1993
501 S RUTH AVE
REO Foreclosure
 
Single Family Home
Irvington, IL 62848
3
1
1170 ft2
1933
New
611 23RD ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Carlyle, IL 62231
3
2
1160 ft2
1982
1 of 5 208 E CROAN ST
Auction
 
Single Family Home
Irvington, IL 62848
3
1
960 ft2
1957
1 of 10 506 MAPLE ST
Auction
 
Single Family Home
Greenville, IL 62246
3
1
999 ft2
1900
Hot
306 N MULBERRY ST
REO Foreclosure
 
Single Family Home
Farina, IL 62838
3
1
1450 ft2
1955
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Buying a Home in Patoka, IL

Patoka, IL is seeing rapid growth and Patoka, IL's' housing market remains optimal with an average home price that is -72% below the 2024 national average. Patoka, IL is part of Marion 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 Marion is 1.64% which is above the national average, which is 0.99%.

Median Home Price in Patoka, IL

Median Rent in Patoka, IL

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