Rent to Own Homes in Naperville
Naperville is located approximately 36 miles east of Chicago, but residents are close enough to enjoy day trips and weekend vacations on Chicago Harbor. It’s located 10 miles east of Aurora, so residents can reach all entertainment venues in that city within a half hour in light traffic. For those interested in entertainment without leaving Naperville city, Benedetti–Wehrli Stadium brings football and soccer games to town while Centennial Beach offers a safe swimming quarry that ranges from zero to 15 feet. The below results are primarily rent to own homes in DuPage County, IL:
Naperville , IL 60563
3 Bedrooms, 1 Baths
Downers Grove , IL 60515
4 Bedrooms, 2.5 Baths
West Chicago , IL 60185
Burr Ridge , IL 60527
Carol Stream , IL 60188
3 Bedrooms, 2.5 Baths
Bloomingdale , IL 60108
5 Bedrooms, 3 Baths
Yorkville , IL 60560
4 Bedrooms, 2 Baths
Maywood , IL 60153
3 Bedrooms, 3 Baths
Schaumburg , IL 60193
3 Bedrooms, 1 Baths
Chicago , IL 60623
Hoffman Estates , IL 60192
3 Bedrooms, 1.5 Baths
Chicago , IL 60636
Naperville is located approximately 36 miles east of Chicago, but residents are close enough to enjoy day trips and weekend vacations on Chicago Harbor. It’s located 10 miles east of Aurora, so residents can reach all entertainment venues in that city within a half hour in light traffic. For those interested in entertainment without leaving Naperville city, Benedetti–Wehrli Stadium brings football and soccer games to town while Centennial Beach offers a safe swimming quarry that ranges from zero to 15 feet.
The Naperville Park District also maintains a series of smaller parks convenient to many residential communities. Naperville Community Unit School District 203 serves most of the city’s children, but there are also some private schools available to all age groups. While the city is often touted as a great place for retirement, it’s also a great place for adults seeking employment. Some big companies have established headquarters in the city, including OfficeMax. Others have large facilities and offices which bring hundreds of jobs to the area, including Kraft Foods and BP America.
When they aren’t working or in school, residents can enjoy time downtown Naperville. This area features a variety of restaurants and shopping centers, and the Naperville Heritage Society has preserved many historical buildings downtown as well as in other areas of the city. There’s something to do for every age group, including the popular Naperville Independent Film Festival for those interested in the arts. Many families enjoy visits to the DuPage Children’s Museum.
Buying a Home in Naperville
Naperville residents generally start thinking of selling their homes around the turn of each new year, and you can expect to see new properties entering the market from early January through spring. This is a good time to watch for new listings so that you are one of the first buyers to see properties of interest. By the time March rolls around, the spring buying frenzy will start, and that means more homes on the market and more competition for those homes. While you can buy homes in Naperville any month of the year, this is the best period of time to shop.
Popular Neighborhoods in Naperville
Naperville is full of cozy subdivisions and communities monitored by housing associations. These areas are popular with families as well as retirees and professionals interested in safe neighborhoods where the lawns are well manicured and the neighbors are friendly. One of the most popular neighborhoods that fit this description is Brookdale. Neighbors connect through the community’s Facebook page and work together to keep shared areas of the community landscaped and free of litter. It’s also close to schools and is a safe place for children to play. Acorn Hills Estates is another neighborhood suitable for families with children.
Buying vs. Rent to Own Homes
Purchasing a new home in Naperville requires you to make a few difficult decisions, but you don’t have to make them all at once. When you opt into a rent-to-own agreement, you give yourself the gift of time. You start out renting the property for a specific period of time, and you have the option to purchase the home before the end of your contract. This rental period allows you to get comfortable in your home and meet your new neighbors while preparing for the home-buying experience. When you’re ready to take out a loan, you have the right to purchase the property and become a homeowner rather than a renter.
Cost of Living in Naperville
The cost of housing in Naperville is double the national average, and that inflates the overall cost of living for the city. While all other living expenses are close to the national average if not slightly below, housing expenses require residents to monitor their budgets closely. While there are some areas of the city where homes are sold at affordable prices, the most desirable neighborhoods do require a substantial investment in housing.
While the cost of living in Naperville is higher than the national average, it has been recognized as one of the best places for families and retirees to live. Residents can reach Aurora in approximately 30 minutes and Chicago in about an hour without traffic, so weekends on the harbor are always possible. Centennial Beach offers a safe place to swim while the local stadium gives locals a place to cheer on their favorite teams. There are many suburban subdivisions and communities with active homeowner’s associations, and most areas offer family-friendly amenities.
Rent To Own Labs provides a diverse set of real estate listings, including rent to own (“lease to own” or “lease purchase”), owner financing, foreclosed, for sale by owner, and rental home opportunities. These listings are available to low-income residents and those with bad credit or no credit, and include both condos & houses. Rent to own homes near me include the list of zip codes we serve in this area: