Rent to own Homes in Hauppauge, NY
Hauppauge is a hamlet within the towns of Smithtown and Islip. As of 2010, the population of Hauppauge was 20,882. The name of the hamlet comes from a Native American word meaning overflowed land or sweet waters - a reference to its fresh drinking water from underground water springs. The first house was built in 1731, but the settlement of the neighborhood came later in 1753 when Thomas Wheeler came to the area. For a time, it was called Wheeler's, but the name was changed to Hauppauge in the 1800s.
Hauppauge, NY is a great place for affordable rent-to-own homes! With a median household income of over $120,442 and a median rent of $2,225, the Hauppauge, NY 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 Hauppauge, NY. 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 Hauppauge, NY Property Resources
Rent to own Homes in Cities Near Hauppauge, NY
- Amityville
- Asharoken
- Babylon
- Baldwin
- Baldwin Harbor
- Barnum Island
- Bayville
- Bellmore
- Compo
- East Garden City
- East Meadow
- East Northport
- East Rockaway
- Elwood
- Flower Hill
- Freeport
- Glen Head
- Greenlawn
- Greens Farms
- Halesite
- Hauppauge
- Herricks
- Holbrook
- Huntington Bay
- Lake Ronkonkoma
- Levittown
- Lindenhurst
- Lloyd Harbor
- Locust Valley
- Malverne
- Manhasset Hills
- Massapequa Park
- Medford
- Mount Sinai
- Muttontown
- North Amityville
- North Merrick
- Northport
- North Wantagh
- Norwalk
- Port Jefferson Station
- Roslyn Heights
- Salisbury
- South Hempstead
- Stony Brook
- West Hills
- West Islip
- Wheatley Heights
- Williston Park
- Wyandanch
Neighborhoods in Hauppauge, NY
No neighborhoods foundPopular Zip Codes in Hauppauge, NY
11788 rent to own homesBuying a Home in Hauppauge, NY
Hauppauge, NY is seeing rapid growth and Hauppauge, NY's' housing market remains not optimal with an average home price that is 128% above the 2024 national average. Hauppauge, NY is part of Suffolk 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 Suffolk is 1.7% which is above the national average, which is 0.99%.
Median Home Price in Hauppauge, NY
Median Rent in Hauppauge, NY
6 Reasons to Live in Hauppauge, NY
Feast on delicious cuisine! Discover the delicious Italian specialties at Branchinelli's Pizza, enjoy live jazz and bar specials at The Grill Room, or try out some New American cuisine at Butterfields. Other local favorites include Cafe La Strada, New Sakura, Ciro's, Kotobuki and Mario Restaurant.
High wage area with high property values! The median household income in Hauppauge was higher in 2012 than the rest of the state of New York. Real estate property values are higher in the area than for the state, and homes retained their value even in the economic recession. Real property taxes are not cheap, but they are lower than the surrounding area. Everything from rent to own condos to nice rental apartment complexes are available. A few subdivisions of note are Mount Pleasant Park at East Hauppauge, Equestrian Estates at Hauppauge, Greenland Estates, and Hauppauge Hills Estates.
Low population density with abundant housing! The population density for this community is 1,932 people per square mile, much lower than average. That means you can enjoy less crowded living conditions while still being close to cities like Brentwood, North Hempstead, or New York City. For affordable homes, check into Hamlet Wind Watch Golf Condominiums, Nob Hill Condominiums, Valmont Executive Tower Condominiums or Honey Hollow Townhouses.
Great central location! In Hauppauge you'll have easy access to malls, train stations, beaches and major highways. This is great for people who commute to work in the nearby big cities. Hauppauge also has its own industrial park that has businesses like Medical Action Industries, Audiovox Corp and Standard Microsystems Corporation.
Take a walk in the park! Enjoy Bill Richards Memorial Park, Weld Park and Blydenburgh Park Historic District in your free time. All provide scenic natural views and a place for quiet reflection or outdoor activities.
Nearby golf courses! Golf enthusiasts should check into Hamlet Wind Watch Golf Course and Stonebridge Golf Links and Country Club - both are great places for local recreation and social events.