Rent to own Homes in Calumet City, IL

Located just outside of Chicago, Calumet City, IL has easy access to big city living, without the daily grind of congested streets, ambient noise and high crime. This quiet suburb has miles of coastline along Lake Michigan, an active night scene, affordable cost of living and plenty of peace and quiet. With a population of just over 37,000, it is home to a well established and diverse community.

Calumet City, IL is a great place for affordable rent-to-own homes! With a median household income of over $50,640 and a median rent of $959, the Calumet City, 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 Calumet City, 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 Calumet City, IL rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
956 W 115TH PL
Rent To Own
Morgan Park
Townhouse/Condo
Chicago, IL 60643
3
2
731 ft2
1966
Hot
9519 S FOREST AVE
Rent To Own
Roseland
Single Family Home
Chicago, IL 60628
3
2
1100 ft2
1960
1 of 38 8724 S ESSEX AVE
Rent To Own
South Chicago
Single Family Home
Chicago, IL 60617
5
3
1987 ft2
1924
3017 E 78th St APT 2B
Rent To Own
South Shore
Single Family Home
Chicago, IL 60649
1
1
800 ft2
1924
7620 S CALUMET AVE
Rent To Own
Chatham
Single Family Home
Chicago, IL 60619
4
4
1386 ft2
1921
7115 S SAINT LAWRENCE AVE
Rent To Own
Park Manor
Townhouse/Condo
Chicago, IL 60619
6
4
2773 ft2
1890
14701 W 93rd Ave
Rent To Own
 
Single Family Home
Dyer, IN 46311
3
3
1822 ft2
5856 S PRAIRIE AVE #3
Rent To Own
Washington Park
Townhouse/Condo
Chicago, IL 60637
3
2
1250 ft2
2004
1 of 75 5555 S Everett Ave
Rent To Own
 
Single Family Home
Chicago, IL 60637
4
3
2400 ft2
1924
5739 S CALUMET AVE #3N
Rent To Own
Washington Park
Townhouse/Condo
Chicago, IL 60637
3
2
1400 ft2
1901
541 W 67TH LN
Rent To Own
 
Single Family Home
Merrillville, IN 46410
4
2
1834 ft2
1961
5465 MARYLAND ST
Rent To Own
 
Single Family Home
Merrillville, IN 46410
3
2
1512 ft2
1957
1550 S INDIANA AVE #412
Rent To Own
South Loop
Townhouse/Condo
Chicago, IL 60605
2
2
1100 ft2
1905
222 N COLUMBUS DR #3203
Rent To Own
The Loop
Townhouse/Condo
Chicago, IL 60601
2
2
1225 ft2
2001
505 N LAKE SHORE DR #6601
Rent To Own
Near North Side
Townhouse/Condo
Chicago, IL 60611
3
4
2975 ft2
1970
240 E ILLINOIS ST #1708
Rent To Own
Near North Side
Townhouse/Condo
Chicago, IL 60611
2
2
1293 ft2
2005
2906 W WILCOX ST
Rent To Own
East Garfield Park
Townhouse/Condo
Chicago, IL 60612
9
3
2832 ft2
1905
1355 N SANDBURG TER #407D
Rent To Own
Near North Side
Townhouse/Condo
Chicago, IL 60610
1
1
0 ft2
1964
2745 N HAMPDEN CT #2E
Rent To Own
Lincoln Park
Townhouse/Condo
Chicago, IL 60614
3
1
1100 ft2
1916
838 S SCOVILLE AVE #1
Rent To Own
 
Townhouse/Condo
Oak Park, IL 60304
1
1
800 ft2
1923
4636 N Racine Ave APT 2, Chicago, IL 60640
Rent To Own
Uptown
Single Family Home
Chicago, IL 60640
2
1
1200 ft2
1906
26 BITTERSWEET LN
Rent To Own
 
Single Family Home
Portage, IN 46368
4
3
1966 ft2
1948
1748 W Rascher Ave
Rent To Own
Edgewater
Townhouse/Condo
Chicago, IL 60640
2
1
0 ft2
1913
6334 N SHERIDAN RD #3C
Rent To Own
Edgewater
Townhouse/Condo
Chicago, IL 60660
1
1
800 ft2
1928
12A Kingery Quarter Rd #104
Rent To Own
 
Single Family Home
Willowbrook, IL 60527
1
1
800 ft2
1981
6704 W FOREST PRESERVE DR
Rent To Own
Harwood Heights
Single Family Home
Harwood Heights, IL 60706
3
3
1326 ft2
1998
7350 N RIDGE BLVD #22C
Rent To Own
West Rogers Park
Townhouse/Condo
Chicago, IL 60645
3
2
0 ft2
1930
7403 N HOYNE AVE #1
Rent To Own
Rogers Park
Townhouse/Condo
Chicago, IL 60645
2
2
800 ft2
1930
1 of 5 1517 W Jonquil Ter
Rent To Own
 
Multifamily (2 - 4 Units)
Chicago, IL 60626
2
1
1100 ft2
2000
5537 N CANFIELD AVE
Rent To Own
Norwood Park
Single Family Home
Chicago, IL 60656
2
2
1284 ft2
1946
5913 MONROE ST
Rent To Own
Morton Grove
Single Family Home
Morton Grove, IL 60053
3
2
1830 ft2
1960
7343 Country Creek Way UNIT 4
Rent To Own
 
Single Family Home
Downers Grove, IL 60516
2
2
972 ft2
1975
1 of 14 8809 West Golf Road
Rent To Own
 
Multifamily (2 - 4 Units)
Niles, IL 60714
2
2
1600 ft2
1976
1 of 22 2S110 COLONIAL LN
Rent To Own
 
Single Family Home
Lombard, IL 60148
4
2
1944 ft2
1965
812 N RIVER RD #2A
Rent To Own
 
Townhouse/Condo
Mount Prospect, IL 60056
2
1
1000 ft2
1983
Hot
14108 S SAGINAW AVE
Rent To Own
 
Single Family Home
Chicago, IL 60633
3
2
1056 ft2
1965
4 WEBB ST
Rent To Own
 
Single Family Home
Calumet City, IL 60409
4
2
1404 ft2
1928
3 WEBB ST
Rent To Own
 
Single Family Home
Calumet City, IL 60409
3
2
2232 ft2
1918
Hot
1 of 6 53 157TH ST
Rent To Own
 
Single Family Home
Calumet City, IL 60409
5
2
2266 ft2
1953
1 of 38 18437 STONY ISLAND AVE
Rent To Own
 
Single Family Home
Lansing, IL 60438
5
4
3375 ft2
1944
1 of 51 1314 Ridge Road
Rent To Own
 
Multifamily (2 - 4 Units)
Munster, IN 46321
4
3
2760 ft2
2020
1 of 8 14240 CALUMET AVE
Rent To Own
 
Multifamily (2 - 4 Units)
Dolton, IL 60419
3
1
1140 ft2
1946
1 of 17 219 E 141ST ST
Rent To Own
 
Single Family Home
Dolton, IL 60419
2
1
1000 ft2
1950
1 of 38 8308 CASTLE DR
Rent To Own
 
Single Family Home
Munster, IN 46321
3
4
3571 ft2
1991
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Popular Zip Codes in Calumet City, IL

60409 rent to own homes

Buying a Home in Calumet City, IL

Calumet City, IL is seeing rapid growth and Calumet City, IL's' housing market remains optimal with an average home price that is -49% below the 2024 national average. Calumet City, IL is part of Cook 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 Cook is 1.38% which is above the national average, which is 0.99%.

Median Home Price in Calumet City, IL

Median Rent in Calumet City, IL

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

Top 6 Reasons to Live in Calumet City, IL

Easy commuting! Enjoying the benefits of suburban living, with an easy commute into Chicago, all at well below market rate might seem impossible, but Calumet City makes it a breeze. A short 30-minute drive along I-94 or I-90 makes living in the suburbs and working in the city a simple proposition.

Buy big without big price tags! With a price per square foot of only $48, Calumet City is well below the national average. This means you can afford a lot more house for your money. Look in areas like Wakarusa Marketplace or Remington Square to find homes for sale.

Tee-off time! Several golf clubs make it easy to keep improving your game while living in Cal City. The George W. Dunn National Golf Course is challenging and offers driver clinics at Ben Mutz Golf. Gimme Golf brings famous courses to you, as you play on simulated courses. If offers all the fun of a good game, without worrying about the weather.

Put on the skates! Ice skating rinks abound in this northern city, with lessons and free skate time available at the Calumet City Indoor Ice Skating Rink. For those who enjoy skating off the ice, the Lynwood Roller Rink hosts parties, roller derby and tons of other events for locals to enjoy.

Roll the dice! Enjoy a good gamble at any one of several local casinos. The Horseshoe Hammond Casino and the Ameristar Casino Hotel also act as venues for musical acts and live theater performances. The Band Perry, Styxx and Air Supply are just a few of the possible options.

Affordable housing! Located in northeast Illinois, Calumet City has very affordable real estate prices, with an average listing price of only $66K. This is well below the state average of almost $300K. Shop for rent to own homes in areas like Dolton or Austin to find the best property deals.