Rent to own Homes in Paw Paw, IL

Paw Paw, IL is a great place for affordable rent-to-own homes! With a median household income of over $51,696 and a median rent of $755, the Paw Paw, 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 Paw Paw, 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 Paw Paw, IL rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
4377 N STATE ROUTE 23
Rent To Own
 
Single Family Home
Leland, IL 60531
4
4
1460 ft2
1991
Hot
1 of 31 3432 E 8TH RD
Rent To Own
 
Single Family Home
Utica, IL 61373
3
2
1859 ft2
1968
1 of 10 146 WAYNE RD
Rent To Own
 
Single Family Home
Rochelle, IL 61068
4
3
1440 ft2
1994
Hot
1 of 23 302 ALAN ST
Rent To Own
 
Single Family Home
Ashton, IL 61006
3
2
2038 ft2
1996
503 S 3RD ST
Rent To Own
 
Single Family Home
Dekalb, IL 60115
5
2
0 ft2
1 of 4 402 S MAIN ST
Rent To Own
 
Single Family Home
La Moille, IL 61330
3
1
1800 ft2
Hot
1 of 28 194 MAPLE ST
Rent To Own
 
Single Family Home
Hinckley, IL 60520
3
2
1700 ft2
1937
67 Blue Jay Ct
Rent To Own
 
Single Family Home
Sandwich, IL 60548
3
2
0 ft2
1997
Hot
1 of 46 2800 TURNBERRY DR
Rent To Own
 
Single Family Home
Ottawa, IL 61350
4
2
1704 ft2
2002
1 of 20 309 W 2ND ST
Rent To Own
 
Single Family Home
Oglesby, IL 61348
2
2
1169 ft2
1956
1738 THUROW ST
Rent To Own
 
Single Family Home
Sycamore, IL 60178
4
3
2380 ft2
2004
1628 N 2510TH RD
Rent To Own
 
Single Family Home
Ottawa, IL 61350
3
3
1734 ft2
1978
Hot
1 of 14 120 N TERRY ST
Rent To Own
 
Single Family Home
Spring Valley, IL 61362
4
2
1200 ft2
1942
Hot
1 of 18 520 S BEN ST
Rent To Own
 
Single Family Home
Plano, IL 60545
3
1
1125 ft2
1946
6790 CHERRY VALLEY RD
Rent To Own
 
Single Family Home
Kingston, IL 60145
3
2
1600 ft2
1970
Hot
1 of 8 27454 DEVINE WAY
Rent To Own
 
Single Family Home
Sycamore, IL 60178
3
4
27000 ft2
1993
809 ASPEN WAY
Rent To Own
 
Single Family Home
Genoa, IL 60135
4
3
1985 ft2
1996
Hot
1 of 12 309 N DIVISION ST
Rent To Own
 
Single Family Home
Granville, IL 61326
2
1
700 ft2
1 of 13 5338 E ASPEN CT
Rent To Own
 
Single Family Home
Byron, IL 61010
3
3
2400 ft2
1998
1 of 14 180 S MAIN ST
Rent To Own
 
Single Family Home
Seneca, IL 61360
3
1
1076 ft2
1940
Hot
1 of 19 439 S MAIN ST
Rent To Own
 
Single Family Home
Seneca, IL 61360
4
2
2100 ft2
1993
274 DEUTSCH RD
Rent To Own
 
Single Family Home
Burlington, IL 60109
4
3
2786 ft2
1980
326 PANAMA AVE
Rent To Own
 
Single Family Home
Hampshire, IL 60140
4
4
1920 ft2
2004
Hot
1 of 37 305 CENTURY DR
Rent To Own
 
Single Family Home
Hampshire, IL 60140
4
4
2550 ft2
2002
1 of 6 19N272 GREEN MEADOWS LN
Rent To Own
 
Single Family Home
Hampshire, IL 60140
4
3
2495 ft2
1990
1 of 5 526 ROXBURY RD
Auction
 
Single Family Home
Paw Paw, IL 61353
4
2
2497 ft2
1891
1 of 45 6641 SHABBONA RD
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Shabbona, IL 60550
3
3
0 ft2
1 of 26 719 SUNSET AVE
Auction
 
Single Family Home
Earlville, IL 60518
3
3
1455 ft2
1954
209 N POKONOKA ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Shabbona, IL 60550
2
1
1100 ft2
1 of 66 4444 E 14TH RD
Short Sale
 
Single Family Home
Earlville, IL 60518
4
2
1408 ft2
1985
1 of 5 2725 GURLER RD
REO Foreclosure
 
Single Family Home
Malta, IL 60150
4
1
0 ft2
1917
803 KENNEDY ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Waterman, IL 60556
3
2
2860 ft2
1003 LAKEVIEW DR
Auction
 
Single Family Home
Rochelle, IL 61068
3
1
982 ft2
1967
939 POND BROOK AVE
Auction
 
Single Family Home
Malta, IL 60150
3
2
1760 ft2
2005
510 S 4TH ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Malta, IL 60150
3
1
0 ft2
125 TAMMY LN
Short Sale
 
Single Family Home
Somonauk, IL 60552
3
2
1480 ft2
1983
101 BARB BLVD
Auction
 
Single Family Home
Dekalb, IL 60115
3
2
0 ft2
New
1 of 42 1425 MOLUF ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Dekalb, IL 60115
4
2
0 ft2
1995
1226 KNOLLS AVE S
Short Sale
 
Single Family Home
Dekalb, IL 60115
5
3
1677 ft2
1999
411 W TAYLOR ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Dekalb, IL 60115
3
2
0 ft2
1991
1 of 14 430 SPRING AVE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Dekalb, IL 60115
3
1
0 ft2
1958
677 HAISH BLVD
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Dekalb, IL 60115
5
2
1835 ft2
1948
1 of 5 418 CULVER ST
Auction
 
Single Family Home
Dekalb, IL 60115
3
1
0 ft2
1954
Hot
625 S 7TH ST
Short Sale
 
Single Family Home
Dekalb, IL 60115
3
1
1080 ft2
1958
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Buying a Home in Paw Paw, IL

Paw Paw, IL is seeing rapid growth and Paw Paw, IL's' housing market remains optimal with an average home price that is -47% below the 2024 national average. Paw Paw, IL is part of Lee 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 Lee is 1.97% which is above the national average, which is 0.99%.

Median Home Price in Paw Paw, IL

Median Rent in Paw Paw, IL

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