Search all the latest Rent to Own Homes in Aledo, IL. There are more than 1 rent to own homes currently on the market. Try out homes and neighborhoods without the buying commitment by choosing a rent to own property. It’s a simple process with the homeowner, you start out as a renter, and then purchase the property when you're financially ready to apply for a home loan with a local bank. The rent-to-own process allows new home buyers with poor credit scores, or who lacks the down-payment required by the bank, the opportunity to live in their home while working on improving their credit and saving funds.
Remember, not all sellers in Aledo, IL will offer up their homes as a Rent To Own, but it's worth researching and locating those opportunities. We have listed 1 rent to own homes currently on the market, below.
Aledo (u-LEE-doh) is a city in Mercer County, Illinois, United States. The population was 3,640 at the 2010 census, up from 3,613 in 2000. It is the county seat of Mercer County.
Aledo had its start in the 1850s when the railroad was extended to that point. A post office has been in operation at Aledo since 1856.
Aledo is located at 41°12′1″N 90°45′0″W (41.200172, -90.749956).
According to the 2010 census, Aledo has a total area of 2.392 square miles (6.20 km2), of which 2.38 square miles (6.16 km2) (or 99.5%) is land and 0.012 square miles (0.03 km2) (or 0.5%) is water.
As of the census of 2010, there were 3,640 people, 1,568 households, and 947 families residing in the city. The racial makeup of the city was 98.5% (3,586) white; 0.6% (22) African American; 0.0% (1) Native American; 0.3% (12) Asian; 0.1% (4) from other races; and 0.4% (15) from two or more races. Hispanic or Latino of any race were 1.2% (45) of the population.
There were 1,568 households out of which 24.5% had children under the age of 18 living in them, 49.0% were married couples living together, 3.6% had a male householder with no wife present, 7.8% had a female householder with no husband present, and 39.6% were non-families. 35.7% of all households were made up of individuals and 20.2% had someone living alone who was 65 years of age or older. The average household size was 2.20 and the average family size was 2.84.
The male population made up 47.5% (1,728), the female population made up 52.5% (1,912).
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