Rent to own Homes in Rock Island, IL
Rock Island, IL is a great place for affordable rent-to-own homes! With a median household income of over $48,120 and a median rent of $714, the Rock Island, 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 Rock Island, 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 Rock Island, IL Property Resources
Rent to own Homes in Cities Near Rock Island, IL
- Alpha
- Andalusia
- Andover
- Argo
- Barstow
- Blue Grass
- Buffalo
- Buffalo Prairie
- Cable
- Camanche
- Cambridge
- Campbells Island
- Carbon Cliff
- Cleveland
- Clinton
- Coal Valley
- Colona
- Coyne Center
- De Witt
- Edgington
- Grand Mound
- Hamlet
- Hillsdale
- Illinois City
- Joslin
- Lynn Center
- Matherville
- Maysville
- McCausland
- Milan
- Moline
- Montpelier
- New Windsor
- Oak Grove
- Ophiem
- Orion
- Osco
- Panorama Park
- Port Byron
- Preemption
- Princeton
- Reynolds
- Riverdale
- Rock Island
- Rock Island Arsenal
- Silvis
- Swedona
- Taylor Ridge
- Viola
- Woodhull
Neighborhoods in Rock Island, IL
Broadway rent to own homes Wildwood rent to own homes Hilltop rent to own homes East Central Rock Island rent to own homes Blackhawk rent to own homes Keystone rent to own homes Central Rock Island rent to own homes College Circle rent to own homes West Central Rock Island rent to own homes 45th Street rent to own homesBuying a Home in Rock Island, IL
Rock Island, IL is seeing rapid growth and Rock Island, IL's' housing market remains optimal with an average home price that is -51% below the 2024 national average. Rock Island, IL is part of Rock Island 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 Rock Island is 2.01% which is above the national average, which is 0.99%.