Rent to own Homes in Cary, IL
Nestled in Algonquin Township, Cary is a suburban village set in McHenry County, Illinois. With a population of 18,271 according to the 2011 U.S. Census, the village encompasses an area of 6.36 square miles. Incorporated in 1893 as Cary, the village began as a farm and later as a train station for the Illinois and Wisconsin Railway. Cary enjoys proximity to downtown Chicago's nightlife and entertainment, but has its own excellent small pubs along the scenic Fox River that cater to the village's boating enthusiasts.
Cary, IL is a great place for affordable rent-to-own homes! With a median household income of over $105,344 and a median rent of $1,286, the Cary, 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 Cary, 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 Cary, IL Property Resources
Rent to own Homes in Cities Near Cary, IL
- Antioch
- Arlington Heights
- Barrington
- Barrington Hills
- Bartlett
- Channel Lake
- Deer Park
- Forest Lake
- Fox Lake
- Fox Lake Hills
- Fox River Grove
- Gages Lake
- Grandwood Park
- Grayslake
- Hainesville
- Hanover Park
- Hawthorn Woods
- Hoffman Estates
- Inverness
- Island Lake
- Kildeer
- Lake Barrington
- Lake Catherine
- Lakemoor
- Lake Villa
- Lake Zurich
- Libertyville
- Lindenhurst
- Long Grove
- Long Lake
- Mundelein
- North Barrington
- Old Mill Creek
- Palatine
- Pistakee Highlands
- Port Barrington
- Rolling Meadows
- Round Lake
- Round Lake Beach
- Round Lake Heights
- Round Lake Park
- Schaumburg
- South Barrington
- Streamwood
- Third Lake
- Tower Lakes
- Venetian Village
- Vernon Hills
- Volo
- Wauconda
Neighborhoods in Cary, IL
Cimarron rent to own homes Greenfields rent to own homes Brigadoon rent to own homes Fox Trails rent to own homesPopular Zip Codes in Cary, IL
No zip codes foundBuying a Home in Cary, IL
Cary, IL is seeing rapid growth and Cary, IL's' housing market remains not optimal with an average home price that is 12% above the 2025 national average. Cary, IL is part of McHenry 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 2025 for county McHenry is 2.09% which is above the national average, which is 0.99%.
Median Home Price in Cary, IL
Median Rent in Cary, IL
Top Four Reasons to Live in Cary, IL
Embrace nature and the arts! Cary has six parks, including Jamesway Park, Candlewood Park, Jaycee Park, Hillhurst Park, Hillside Prairie Park and the Prairie Nature Preserve. The area parks provide natural beauty, walking trails, and a place for reflection or exercise. Don't miss the Cary-Grove Performing Arts Center for live entertainment, and Lee's Martial Arts Academy is popular with fitness buffs. Cary Village Hall hosts a Harper Freeman Historical Collection downtown with many artifacts and photographs. Hop aboard the Metra rail at Cary's local station and head over to Chicago for a day of downtown shopping, dining and arts.
Lots of available housing and jobs! Todek Industrial Park and Three Oaks Industrial Park employ many residents, as well as Artigiano Roofing Solutions, Heiber and Schroeder USA and Duraflex Inc., all local companies. Along with the hefty job market is a variety of available homes, including single-family dwellings, large estates, rent to own bungalows, and apartments. Arrowhead, Northwood Acres and Oakwood Hills are local subdivisions with many single-family residences. The Cary Park District has four neighboring subdivisions surrounding an open natural area.
High real estate property values! The estimated median condo or house value in Cary was $220,765 in 2012, while in the state the median was $170,600. If you're looking for a golf course lifestyle, Foxford Hills Golf Club and Cary Country Club offer scenic vistas, nice golf courses and plentiful social experiences for residents. Harvest Glen, Chalet Hills Estates, Hickory Grove and River Orchard Subdivisions have some of the highest property values in the city.
Savor the flavors of local cuisine! Cary Family Restaurant is a great spot for breakfast or lunch, while Galati's Pizza and Pasta has delicious Italian cuisine. The Tracks on West Main Street has a good reputation for consistent service and quality. Check out the pubs along the Fox River for casual fare, alcohol and great views, or saunter over to the Five O'Clock Steakhouse, Kelsey Roadhouse and Generoso Pizza - any of which can provide a nice meal and good atmosphere.
