Rent to own Homes in Watson, IL

Watson, IL is a great place for affordable rent-to-own homes! With a median household income of over $57,500 and a median rent of $489, the Watson, 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 Watson, 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 Watson, IL rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
512 E BRENTWOOD AVE
Rent To Own
 
Single Family Home
Effingham, IL 62401
2
1
820 ft2
1952
Hot
103 N WALNUT ST
Rent To Own
 
Single Family Home
Saint Elmo, IL 62458
4
4
2496 ft2
1895
1 of 33 1719 N STATE RD
Rent To Own
 
Single Family Home
Flora, IL 62839
4
3
2700 ft2
2015
Hot
1 of 29 1291 COUNTY ROAD 275 N
Rent To Own
 
Single Family Home
Jewett, IL 62436
3
2
2600 ft2
1995
1 of 25 102 W 3RD ST
Rent To Own
 
Multifamily (5+ Units)
Flora, IL 62839
2
2
1900 ft2
1915
Hot
307 N ILLINOIS ST
Rent To Own
 
Single Family Home
Toledo, IL 62468
2
1
1032 ft2
1934
1 of 14 1202 s Baltimore
Rent To Own
 
Multifamily (2 - 4 Units)
Olney, IL 62450
3
2
1500 ft2
2002
2707 PINE HURST ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Effingham, IL 62401
1
2
1744 ft2
1995
1403 S WILLOW ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Effingham, IL 62401
1
1
1040 ft2
1950
1 of 4 978 N MADISON ST
Auction
 
Single Family Home
Mason, IL 62443
3
1
384 ft2
1950
1207 S 4TH ST
REO Foreclosure
 
Single Family Home
Effingham, IL 62401
1
1
1292 ft2
1935
1108 S 3RD ST
REO Foreclosure
 
Single Family Home
Effingham, IL 62401
1
1
1104 ft2
1962
105 E LAWRENCE AVE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Effingham, IL 62401
1
1
1248 ft2
1940
713 S PARK ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Effingham, IL 62401
1
1
1106 ft2
1910
509 W CLINTON AVE
REO Foreclosure
 
Single Family Home
Effingham, IL 62401
1
2
1080 ft2
1950
510 W CLINTON AVE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Effingham, IL 62401
1
2
1064 ft2
1920
405 S 4TH ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Effingham, IL 62401
1
2
1479 ft2
1898
1001 W EDGAR AVE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Effingham, IL 62401
1
1
744 ft2
1922
New
104 S WILLOW ST
Auction
 
Single Family Home
Effingham, IL 62401
1
1
1299 ft2
1920
New
304 N 1ST ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Effingham, IL 62401
1
1
988 ft2
1930
New
417 W KENTUCKY AVE
Auction
 
Single Family Home
Effingham, IL 62401
1
1
896 ft2
1917
New
1 of 8 502 Poplar
REO Foreclosure
 
Single Family Home
Edgewood, IL 62426
5
2
1170 ft2
Hot
306 N MULBERRY ST
REO Foreclosure
 
Single Family Home
Farina, IL 62838
3
1
1450 ft2
1955
1 of 19 647 COUNTY HIGHWAY 9
REO Foreclosure
 
Single Family Home
Neoga, IL 62447
4
2
1632 ft2
2000
1 of 10 802 LOCUST AVE
Auction
 
Single Family Home
Neoga, IL 62447
4
2
2357 ft2
1896
202 N ADAMS ST
REO Foreclosure
 
Single Family Home
Kinmundy, IL 62854
5
2
896 ft2
1935
609 N WORTHEY ST
Auction
 
Single Family Home
Flora, IL 62839
3
2
1716 ft2
2000
Hot
401 N MONROE ST
REO Foreclosure
 
Single Family Home
Kinmundy, IL 62854
2
2
980 ft2
1997
415 FLORA AVE
REO Foreclosure
 
Multifamily (5+ Units)
Flora, IL 62839
3
1
940 ft2
1940
1 of 50 119 N 1ST ST NW
REO Foreclosure
 
Multifamily (5+ Units)
Clay City, IL 62824
3
2
1792 ft2
1941
211 RAILROAD ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Trilla, IL 62469
3
1
1314 ft2
1972
2372 POND LN
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Mattoon, IL 61938
3
1
1275 ft2
1940
New
1 of 4 1775 COUNTY HIGHWAY 26
Auction
 
Single Family Home
Shelbyville, IL 62565
3
2
1680 ft2
1996
214 N LONG ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Shelbyville, IL 62565
2
1
1552 ft2
1900
707 W NORTH 1ST ST
Auction
 
Single Family Home
Shelbyville, IL 62565
3
1
1263 ft2
1875
1412 W SOUTH 3RD ST
Auction
 
Single Family Home
Shelbyville, IL 62565
2
1
791 ft2
1956
New
4899 LAKE RD
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Mattoon, IL 61938
2
2
1562 ft2
1958
New
614 COLLEGE ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Lerna, IL 62440
3
1
1200 ft2
1971
3101 WALNUT AVE
REO Foreclosure
 
Single Family Home
Mattoon, IL 61938
3
2
1290 ft2
1950
1 of 30 4316 WESTERN AVE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Mattoon, IL 61938
5
2
3162 ft2
1969
712 S 31ST ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Mattoon, IL 61938
3
1
1807 ft2
1959
117 N 43RD ST
Auction
 
Single Family Home
Mattoon, IL 61938
4
2
3205 ft2
1985
908 STINSON AVE
REO Foreclosure
 
Single Family Home
Mattoon, IL 61938
2
2
1496 ft2
1972
1 of 5 3224 MARSHALL AVE
Auction
 
Single Family Home
Mattoon, IL 61938
2
1
1262 ft2
1901
Map
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62473 rent to own homes

Buying a Home in Watson, IL

Watson, IL is seeing rapid growth and Watson, IL's' housing market remains optimal with an average home price that is -64% below the 2024 national average. Watson, IL is part of Effingham 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 Effingham is 1.54% which is above the national average, which is 0.99%.

Median Home Price in Watson, IL

Median Rent in Watson, IL

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