Rent to own Homes in La Grange Park, IL
La Grange Park, Illinois is a suburb of Chicago located in Cook Springs County. This small village of just over 13,000 is served by U.S. Routes 12/20/45, which runs north to south through the village, and U.S. Route 34, which runs east to west. Tri-state Tollway Interstate 294 and Interstate 55 are also nearby, providing convenient access to the region. With a stable housing market and plenty of amenities, there are lots of reasons to choose to live in La Grange Park!
La Grange Park, IL is a great place for affordable rent-to-own homes! With a median household income of over $107,945 and a median rent of $1,225, the La Grange Park, 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 La Grange Park, 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 La Grange Park, IL Property Resources
Rent to own Homes in Cities Near La Grange Park, IL
- Alsip
- Bannockburn
- Bedford Park
- Berkeley
- Bridgeview
- Broadview
- Burbank
- Burnham
- Chicago Heights
- Downers Grove
- Elmhurst
- Evanston
- Forest Park
- Frankfort
- Frankfort Square
- Glendale Heights
- Glen Ellyn
- Glenview
- Golf
- Hanover Park
- Highland Park
- Highwood
- Hodgkins
- Hometown
- Indian Head Park
- La Grange Park
- Lincolnshire
- Lockport
- Lombard
- Markham
- Marley
- Maywood
- Melrose Park
- Merrionette Park
- Midlothian
- Mokena
- Naperville
- Niles
- Oak Brook
- Oakbrook Terrace
- Oak Forest
- Palatine
- Palos Heights
- Rosemont
- Schaumburg
- Schiller Park
- Thornton
- Westchester
- Willow Springs
- Wilmette
Neighborhoods in La Grange Park, IL
La Grange Park rent to own homesPopular Zip Codes in La Grange Park, IL
60526 rent to own homesBuying a Home in La Grange Park, IL
La Grange Park, IL is seeing rapid growth and La Grange Park, IL's' housing market remains not optimal with an average home price that is 68% above the 2024 national average. La Grange Park, 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 La Grange Park, IL
Median Rent in La Grange Park, IL
Top 6 Reasons to Live in La Grange Park, Illinois
Great Employment Opportunities! A number of notable employers are close and convenient to La Grange Park, including home healthcare provider Vanguard Home Care and Bosch engineering and electronics company. La Grange Park is growing and has experienced positive job growth since the year 2000. Along with the strong economy, lots of businesses are moving in, bringing in even more newcomers and driving up home values. La Grange Park is definitely on the move!
Lots of Excellent Eateries! Do you love eating out? If so, La Grange Park is waiting to satisfy your culinary cravings. Lots of highly-rated restaurants, like Alex & Aldo's pizzeria and Mattone Restaurant and Bar feature everything from fresh takes on Italian favorites to homegrown soul food. The area also offers several notable Asian eateries, as well as Panera Bread, which is known as much for its ambiance as for its delectable breads.
Enjoy a Stable Housing Market! If you want to know about the health of a city, take a look at the housing market. Home values are up by more than 8 percent since 2000, especially in popular neighborhoods like La Grange Highlands, Bellwood, Riverside and Willow Springs. An abundance of rent to own opportunities are here, as well.
Homes Tend to Be Newer! Most of the homes in La Grange Park have been built since the year 2000, making them newer and generally in better condition. Countryside, Forest View, McCook and other local neighborhoods offer home buying and renting opportunities aplenty. The Park District of La Grange upkeep a number of public parks to service these neighborhoods, including Denning Park, Elm Park, Gilbert Park and Gordon Park.
La Grange Park is Pet Friendly! In addition to all the pet-friendly apartment and home rentals available, La Grange Park has a number of stores to cater to furry, feathery or even scaly pets. Catnap from the Heart is a non-profit animal shelter where locals can find lots of rescue pets to love and adore. Arbor Animal Hospital provides veterinary care for those non-human babies and stores like The Urban Mutt and The Barker Shop make sure those pets are well-stocked on toys, treats, healthy grub and delightful grooming tools to keep them beautiful and fit.