Rent to own Homes in Wheaton, IL
Wilderness! Gazing upon wetlands and wooded, winding paths while on horseback is at your fingertips when you visit the Danada Forest Preserve and Equestrian Center. When locals aren't riding, they're enjoying the surroundings on foot, picnicking and fishing. For additional splendor in the grass visit Prairie Path, the country's first railroad that's been converted completely into a nature trail.
Wheaton, IL is a great place for affordable rent-to-own homes! With a median household income of over $105,764 and a median rent of $1,464, the Wheaton, 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 Wheaton, 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 Wheaton, IL Property Resources
Rent to own Homes in Cities Near Wheaton, IL
- Alsip
- Arlington Heights
- Batavia
- Bedford Park
- Bellwood
- Berkeley
- Bridgeview
- Broadview
- Burbank
- Carol Stream
- Carpentersville
- Downers Grove
- East Dundee
- Elmhurst
- Fairmont
- Forest Park
- Glendale Heights
- Glen Ellyn
- Glenview
- Golf
- Hanover Park
- Hawthorn Woods
- Hodgkins
- Hometown
- La Grange Park
- Lake Barrington
- Lincolnshire
- Lockport
- Lombard
- Maywood
- Melrose Park
- Merrionette Park
- Midlothian
- Mokena
- Naperville
- Norridge
- Oak Brook
- Oak Forest
- Palatine
- Palos Heights
- Plainfield
- Ridgewood
- Rockdale
- Rosemont
- Schaumburg
- Schiller Park
- South Elgin
- Westchester
- Willow Springs
- Wilmette
Neighborhoods in Wheaton, IL
Stonehedge rent to own homes Danada rent to own homes Farnham rent to own homes Northeast Wheaton rent to own homesBuying a Home in Wheaton, IL
Wheaton, IL is seeing rapid growth and Wheaton, IL's' housing market remains not optimal with an average home price that is 71% above the 2024 national average. Wheaton, IL is part of DuPage 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 DuPage is 1.71% which is above the national average, which is 0.99%.
Median Home Price in Wheaton, IL
Median Rent in Wheaton, IL
Wheaton, IL
Fun for all ages! The DuPage County fairgrounds are located in town and feature the yearly county fair, numerous exhibits, as well as pie and watermelon eating contests for the sports enthusiast in the area. If craving more action after the fairgrounds, slip on those bowling shoes and get a game in at Wheaton Bowl, an alley that also features karaoke and eats in the lounge.
Creatures great and small! At the Crosley zoo locals can wind through paths to see creatures not indigenous to the area. Ponds and unique structures add to the environment. For regional wildlife take a trip to Fullersburg Woods Nature Center, relax or get an education on the ecosystem.
Quaint performance spaces! Small productions are put on by local talent at charming, Wheaton Drama Inc., where audiences experience the drama up close in an intimate space. At The Edman Chapel, that's pulled national acts like Iron and Wine, residents can expect a very personal and moving performance.
Thriving public transportation! With the PACE bus system, Metra train transport, and the west line of the Union Pacific Rail serving the town, chances are you'll be able to get around town or country with ease.
Stay Caffeinated! Local tea peddler, Serene Teaz, serves up a variety and also offers a free taste before purchase on any lesser known concoction. Bulk tea and accouterment are also available. If you take your uppers in late form, River City Roasters ought be your next stop. Superbly local and hip, they roast their own beans and their blends are available for sit in or take out.
Meals for every budget! For mouth watering ribs, pulled pork, or chicken the town runs to Steamboat BBQ. Make sure to grab a few sides and reduce yourself to gluttony at this fairly priced food joint. For dinner that's worth the extra buck gather some friends and get to The Cellar Bistro, where ahi tuna and greens cavort and food is sustainable, not chemically altered.
High Property Value! Rent to own homes that pack a punch when it comes to worth can be found near Butterfield Road and Cree Lane, median home values there are $455,221. Just down the road, on Butterfield and Orchard, median values reach $428,338.
Low Rent! Rentals can be expensive in the suburbs. Some communities to search when looking for a bargain are those that surround East Roosevelt Road and President Street, where the average monthly is $910, lower than 47.8% of the homes in state. If you're looking for an even more reasonable price check out the area near Roosevelt and South County Farm Road, rentals here average $814 a month.
Properties that grow in value! If seeking rent to own options that will see an increase in value, the neighborhood near Geneva Road and West Street holds the best bet. The yearly average increase is 3.62%. The community is also situated near Northside Park and area ponds.
Affordable Housing! While property here can be costly, there are many areas where prices are quite reasonable. The blocks nearest Jewell Road offer homes with median values of $278,905, while those nearest Lambert and Buena Vista drive hold median values of $213,090.