The critical behavior of a compressible Ising system of the Baker-Essam type is examined for positive pressures. In addition to satisfying the assumptions of Fisher's theory of renormalization of critical exponents, the model, allows one to calculate the temperature region around
Tc where the renormalized exponents should show up. The region is $\ensuremath{\Delta}{T}_{\ifmmode\times\else\texttimes\fi{}}\ensuremath{\sim}{(P{J}_{1}^{2})}^{\frac{1}{\ensuremath{\alpha}}}$ for small pressures, where
J1 is the spin-lattice coupling and $\ensuremath{\alpha}$ is the specific-heat exponent of the corresponding rigid Ising system.
The interplay between disorder and compressibility in Ising magnets is studied. Contrary to pure systems in which a weak compressibility drives the transition first order, we find from a renormalization group analysis that it has no effect on disordered systems which keep undergoing continuous transition with rigid random-bond Ising model critical exponents. The mean field calculation exhibits a dilution-dependent tricritical point beyond which, at stronger compressibility the transition is first order. The different behavior of XY and Heisenberg magnets is discussed.