Rent to own Homes in University Park, IL

University Park, IL is a great place for affordable rent-to-own homes! With a median household income of over $62,258 and a median rent of $975, the University 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 University 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.

Check out University Park, IL rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
14701 W 93rd Ave
Rent To Own
 
Single Family Home
Dyer, IN 46311
3
3
1822 ft2
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
7115 S SAINT LAWRENCE AVE
Rent To Own
Park Manor
Townhouse/Condo
Chicago, IL 60619
6
4
2773 ft2
1890
3017 E 78th St APT 2B
Rent To Own
South Shore
Single Family Home
Chicago, IL 60649
1
1
800 ft2
1924
12A Kingery Quarter Rd #104
Rent To Own
 
Single Family Home
Willowbrook, IL 60527
1
1
800 ft2
1981
5856 S PRAIRIE AVE #3
Rent To Own
Washington Park
Townhouse/Condo
Chicago, IL 60637
3
2
1250 ft2
2004
541 W 67TH LN
Rent To Own
 
Single Family Home
Merrillville, IN 46410
4
2
1834 ft2
1961
5739 S CALUMET AVE #3N
Rent To Own
Washington Park
Townhouse/Condo
Chicago, IL 60637
3
2
1400 ft2
1901
1 of 75 5555 S Everett Ave
Rent To Own
 
Single Family Home
Chicago, IL 60637
4
3
2400 ft2
1924
5465 MARYLAND ST
Rent To Own
 
Single Family Home
Merrillville, IN 46410
3
2
1512 ft2
1957
7343 Country Creek Way UNIT 4
Rent To Own
 
Single Family Home
Downers Grove, IL 60516
2
2
972 ft2
1975
1550 S INDIANA AVE #412
Rent To Own
South Loop
Townhouse/Condo
Chicago, IL 60605
2
2
1100 ft2
1905
838 S SCOVILLE AVE #1
Rent To Own
 
Townhouse/Condo
Oak Park, IL 60304
1
1
800 ft2
1923
2906 W WILCOX ST
Rent To Own
East Garfield Park
Townhouse/Condo
Chicago, IL 60612
9
3
2832 ft2
1905
222 N COLUMBUS DR #3203
Rent To Own
The Loop
Townhouse/Condo
Chicago, IL 60601
2
2
1225 ft2
2001
240 E ILLINOIS ST #1708
Rent To Own
Near North Side
Townhouse/Condo
Chicago, IL 60611
2
2
1293 ft2
2005
505 N LAKE SHORE DR #6601
Rent To Own
Near North Side
Townhouse/Condo
Chicago, IL 60611
3
4
2975 ft2
1970
1355 N SANDBURG TER #407D
Rent To Own
Near North Side
Townhouse/Condo
Chicago, IL 60610
1
1
0 ft2
1964
1 of 22 2S110 COLONIAL LN
Rent To Own
 
Single Family Home
Lombard, IL 60148
4
2
1944 ft2
1965
2745 N HAMPDEN CT #2E
Rent To Own
Lincoln Park
Townhouse/Condo
Chicago, IL 60614
3
1
1100 ft2
1916
26 BITTERSWEET LN
Rent To Own
 
Single Family Home
Portage, IN 46368
4
3
1966 ft2
1948
3648 WHITE EAGLE DR
Rent To Own
White Eagle Club
Single Family Home
Naperville, IL 60564
5
3
2896 ft2
1996
1 of 2 7620 S CALUMET AVE
Rent To Own
Chatham
Single Family Home
Chicago, IL 60619
4
4
1386 ft2
1921
1 of 17 25741 S TRUMAN ST
Rent To Own
Monee
Single Family Home
Monee, IL 60449
4
2
1672 ft2
2001
22514 Jackson Court 4a
Rent To Own
Richton Park
Multifamily (2 - 4 Units)
Richton Park, IL 60471
1
1
720 ft2
1970
Hot
5627 W LAUREL LN
Rent To Own
 
Single Family Home
Monee, IL 60449
2
2
1434 ft2
1953
Hot
1477 MAIN ST
Rent To Own
Crete
Single Family Home
Crete, IL 60417
5
2
2142 ft2
1899
Hot
1 of 19 7304 SOUTHWICK DR
Rent To Own
 
Single Family Home
Frankfort, IL 60423
4
3
3338 ft2
1996
1446 SELLECK ST
Rent To Own
Crete
Single Family Home
Crete, IL 60417
3
2
1159 ft2
1927
20606 GARDNER AVE
Rent To Own
Olympia Fields
Single Family Home
Chicago Heights, IL 60411
3
1
1643 ft2
1954
Hot
1 of 24 20090 INVERNESS CT
Rent To Own
Olympia Fields
Townhouse/Condo
Olympia Fields, IL 60461
2
2
2015 ft2
1988
Hot
1 of 22 3490 HAWESWOOD CT
Rent To Own
Crete
Single Family Home
Crete, IL 60417
3
2
1570 ft2
1970
21453 S 80TH AVE
Rent To Own
 
Single Family Home
Frankfort, IL 60423
4
3
23000 ft2
1966
1 of 20 3500 INNSBRUCK LN
Rent To Own
Crete
Single Family Home
Crete, IL 60417
5
3
4190 ft2
1976
1 of 3 19405 CHESTNUT DR
Rent To Own
Country Club Hills
Townhouse/Condo
Country Club Hills, IL 60478
1
2
1200 ft2
1989
1 of 28 918 West 194th Street
Rent To Own
North End
Multifamily (2 - 4 Units)
Chicago Heights, IL 60411
3
2
1900 ft2
1948
Hot
1 of 10 18911 HARDING AVE
Rent To Own
Flossmoor
Single Family Home
Flossmoor, IL 60422
3
2
1272 ft2
1975
20301 S Pine Hill Rd 2
Rent To Own
Frankfort Square
Townhouse/Condo
Frankfort, IL 60423
3
2
1794 ft2
2005
Hot
1 of 35 7622 W LAKESIDE DR
Rent To Own
Frankfort Square
Single Family Home
Frankfort, IL 60423
3
3
2400 ft2
1991
Hot
26265 S SANDY LN
Rent To Own
 
Single Family Home
Monee, IL 60449
4
4
4309 ft2
2007
Hot
1 of 24 2922 CHAYES PARK DR
Rent To Own
Homewood
Single Family Home
Homewood, IL 60430
4
3
2688 ft2
1968
New
18512 MARTIN AVE
Rent To Own
Homewood
Single Family Home
Homewood, IL 60430
3
1
1062 ft2
1956
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Popular Zip Codes in University Park, IL

60484 rent to own homes

Buying a Home in University Park, IL

University Park, IL is seeing rapid growth and University Park, IL's' housing market remains optimal with an average home price that is -43% below the 2024 national average. University Park, IL is part of Will 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 Will is 2.05% which is above the national average, which is 0.99%.

Median Home Price in University Park, IL

Median Rent in University Park, IL

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