Rent to own Homes in Rockford, IL

The community of Rockford, Illinois, is affectionately called "a city of gardens and rivers." Rockford got its name in the 1800s from settlers who combined the name of Rock River with the natural ford used to commute across the river's divide. Rockford is in the county of Winnebago and is the state's third largest city, home to a population of 153,000. The community has a rich cultural, industrial and educational history. Rockford is home to Rockford University and the University Of Illinois College Of Medicine. In recent years, the city has become an important healthcare, entertainment, sports and financial center.

Rockford, IL is a great place for affordable rent-to-own homes! With a median household income of over $44,771 and a median rent of $784, the Rockford, 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 Rockford, 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 Rockford, IL rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
318 MOORE ST
Rent to Own Eligible
Near Westside Hackett
Single Family Home
Beloit, WI 53511
3
1
1320 ft2
1906
918 E GRAND AVE
Rent to Own Eligible
 
Single Family Home
Beloit, WI 53511
4
1
1544 ft2
1904
New
1211 BUSHNELL ST
Rent to Own Eligible
 
Single Family Home
Beloit, WI 53511
4
2
1786 ft2
1905
1 of 55 636 HARRISON AVE
Rent to Own Eligible
 
Single Family Home
Beloit, WI 53511
4
3
2578 ft2
1900
1 of 53 643 PARK AVE
Rent to Own Eligible
 
Single Family Home
Beloit, WI 53511
5
3
4416 ft2
1900
1 of 40 1324 CHAPIN ST
Rent to Own Eligible
 
Single Family Home
Beloit, WI 53511
2
3
2320 ft2
1969
921 CHAPIN ST
Rent to Own Eligible
 
Single Family Home
Beloit, WI 53511
5
3
2172 ft2
1910
725 VINE ST
Rent to Own Eligible
Near Westside Hackett
Townhouse/Condo
Beloit, WI 53511
4
3
2344 ft2
1870
949 WISCONSIN AVE
Rent to Own Eligible
 
Townhouse/Condo
Beloit, WI 53511
5
2
2132 ft2
1895
1 of 176 1005 8TH ST
Rent to Own Eligible
 
Single Family Home
Beloit, WI 53511
3
2
1357 ft2
1918
New
1044 OAK ST
Rent to Own Eligible
 
Single Family Home
Beloit, WI 53511
4
2
2040 ft2
1912
1125 HACKETT ST
Rent to Own Eligible
 
Single Family Home
Beloit, WI 53511
3
1
1144 ft2
1905
New
1256 LA SALLE ST
Rent to Own Eligible
 
Single Family Home
Beloit, WI 53511
3
1
1085 ft2
1915
1270 PRAIRIE AVE
Rent to Own Eligible
Merrill
Single Family Home
Beloit, WI 53511
4
2
2406 ft2
1920
1328 NELSON AVE
Rent to Own Eligible
Merrill
Single Family Home
Beloit, WI 53511
4
1
1248 ft2
1923
1 of 44 1677 FAYETTE AVE
Rent to Own Eligible
Merrill
Single Family Home
Beloit, WI 53511
2
1
1092 ft2
1941
New
1822 TOWNLINE AVE
Rent to Own Eligible
 
Single Family Home
Beloit, WI 53511
3
2
1623 ft2
1957
New
2063 S AFTON RD
Rent to Own Eligible
 
Single Family Home
Beloit, WI 53511
3
3
2640 ft2
2007
826 SHARPES CT
Rent to Own Eligible
 
Single Family Home
Beloit, WI 53511
1
1
480 ft2
1947
2160 S WISCONSIN AVE
Rent to Own Eligible
 
Single Family Home
Beloit, WI 53511
1
1
484 ft2
1940
New
1865 VIRGINIA ST
Rent to Own Eligible
 
Single Family Home
Beloit, WI 53511
3
2
1200 ft2
1963
2680 SARAH LN
Rent to Own Eligible
 
Single Family Home
Beloit, WI 53511
4
3
3254 ft2
1999
2541 S FLORENCE DR
Rent to Own Eligible
 
Single Family Home
Beloit, WI 53511
3
2
1339 ft2
1957
891 E HART RD
Rent to Own Eligible
 
Single Family Home
Beloit, WI 53511
3
2
2565 ft2
1958
3018 S Petunia Ln
Rent to Own Eligible
 
Townhouse/Condo
Beloit, WI 53511
2
2
2360 ft2
1992
1 of 51 790 E JONQUIL CT
Rent to Own Eligible
 
Single Family Home
Beloit, WI 53511
4
4
3518 ft2
1977
1 of 66 767 E JONQUIL CT
Rent to Own Eligible
 
Single Family Home
Beloit, WI 53511
3
1
1590 ft2
1977
New
300 MAPLE AVE
Rent to Own Eligible
 
Single Family Home
Clinton, WI 53525
2
1
922 ft2
1952
1 of 17 187 GARDEN ST
Rent to Own Eligible
 
Single Family Home
Sharon, WI 53585
3
1
1150 ft2
New
311 S WRIGHT ST
Rent to Own Eligible
 
Single Family Home
Orfordville, WI 53576
4
1
1700 ft2
1 of 27 3441 BUCKHORN TRCE
Rent to Own Eligible
Rockport Park
Single Family Home
Janesville, WI 53548
3
2
1341 ft2
1998
1 of 66 2424 FAWN LN
Rent to Own Eligible
Rockport Park
Single Family Home
Janesville, WI 53548
3
3
1955 ft2
1998
2408 ANTLER DR
Rent to Own Eligible
Rockport Park
Single Family Home
Janesville, WI 53548
3
2
1218 ft2
1997
2232 HUBBARD ST
Rent to Own Eligible
Rivereast
Single Family Home
Janesville, WI 53546
3
1
1438 ft2
1938
1904 S OSBORNE AVE
Rent to Own Eligible
 
Single Family Home
Janesville, WI 53546
3
2
1037 ft2
1994
1 of 85 204 N WASHINGTON ST
Rent to Own Eligible
Look West
Single Family Home
Janesville, WI 53548
3
1
1152 ft2
1996
3432 ROYAL RD
Rent to Own Eligible
Royal Acres
Single Family Home
Janesville, WI 53546
2
2
1340 ft2
2007
1 of 13 515 SAINT LAWRENCE AVE
Rent to Own Eligible
Courthouse Hill
Single Family Home
Janesville, WI 53545
7
5
6149 ft2
1860
18 SINCLAIR ST
Rent to Own Eligible
Courthouse Hill
Single Family Home
Janesville, WI 53545
4
4
2686 ft2
1896
1403 RUGER AVE
Rent to Own Eligible
 
Single Family Home
Janesville, WI 53545
3
2
1704 ft2
1930
New
3430 W MINERAL POINT RD
Rent to Own Eligible
South West Janesville
Single Family Home
Janesville, WI 53548
3
1
1380 ft2
1900
New
835 E MILWAUKEE ST
Rent to Own Eligible
Courthouse Hill
Single Family Home
Janesville, WI 53545
5
2
2330 ft2
1900
1 of 7 42 S RINGOLD ST
Rent to Own Eligible
 
Single Family Home
Janesville, WI 53545
3
1
1296 ft2
1871
1 of 8 404 MILTON AVE
Rent to Own Eligible
 
Single Family Home
Janesville, WI 53545
5
3
2393 ft2
1900
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Buying a Home in Rockford, IL

Rockford, IL is seeing rapid growth and Rockford, IL's' housing market remains optimal with an average home price that is -56% below the 2024 national average. Rockford, IL is part of Winnebago 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 Winnebago is 2.39% which is above the national average, which is 0.99%.

Median Home Price in Rockford, IL

Median Rent in Rockford, IL

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

Top Reasons to Live in Rockford IL

Housing Statistics The median sales price of a home in Rockford is $80,750, based on 248 home sales in 2013 as of July. This price is much lower than the average home across the state, which runs closer to $192,000. The 2013 average home sale price listed in Rockford is $100,444 as of August. House value has grown over the last few years, which is a positive signal of confidence inching back into the home market, prompting buyers to take the plunge. House prices remain more affordable in Rockford than neighboring towns and cities. The percentage of homes owned is currently at 55%, which makes rent to own homes a concept more consumers are willing to explore. The percentage of homes rented is at 41.8% and homes vacant at approximately 3.2%. There are currently 1,441 homes for sale, including brand-spanking new ones.

Transportation and Commutes Only one percent of the people of Rockford use public transportation to get to work. The rest of the community use their personal vehicles to get from point A to point B. For public transportation, Van Galder Amtrak buses traverse Chicago Union Station nine times a day. From there, commuters connect to Amtrak's national railway system to hundreds of destinations, including New York, Los Angeles and Carbondale. Highways are used to link to major cities like Chicago, Milwaukee, Madison and Dubuque. Interstate 90 runs northwest and links the Rockford region with Milwaukee at I-43, two miles north of the state line. You can be in downtown Chicago or Madison, Wisconsin in about an hour and a half.

Outdoor Activities Rockford life centers around the riverside. The river bank is where east meets west, bringing people together for events like the Fourth of July Festival, Music in the Park and jaunts on the Forest City Queen Excursion Boat. Residents have access to Sportscore One where various athletic competitions and recreational options unite the community. With over 10,000 acres of parks and forest reserves, residents and visitors have plenty of space to enjoy biking, hiking, rollerblading, swimming, picnicking, camping, horseback riding and golfing.

Neighborhoods Rockford has almost 50 distinct neighborhoods, each with its own culture and personality. Some of the most notable include: