Rent to own Homes in Long Branch, NJ
Once considered the country's first seaside resort, this historically rich city was founded in 1867 and will lure you in with white beaches and great summer fun. This is the town where Chester A. Arthur, Rutherford Hayes, Woodrow Wilson, and James Garfield all summered when they took time off and has since been seen as a great place to spend the summer months. It is a popular location for New York City and Philadelphia residents to escape to in the heat of the summer.
Long Branch, NJ is a great place for affordable rent-to-own homes! With a median household income of over $62,027 and a median rent of $1,370, the Long Branch, NJ 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 Long Branch, NJ. 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 Long Branch, NJ Property Resources
Rent to own Homes in Cities Near Long Branch, NJ
- Avon-by-the-Sea
- Bay Head
- Beachwood
- Belford
- Belmar
- Brownville
- Cliffwood
- Cliffwood Beach
- Colts Neck
- Deal
- Dover Beaches South
- East Brunswick
- East Freehold
- Eatontown
- Farmingdale
- Fort Monmouth
- Hazlet
- Highlands
- Holiday Heights
- Interlaken
- Keansburg
- Keyport
- Lakehurst
- Leisure Knoll
- Leisure Village West
- Leonardo
- Little Silver
- Long Branch
- Manasquan
- Marlboro
- Middletown
- Monmouth Beach
- Monroe Township
- Neptune City
- Oakhurst
- Ocean Gate
- Ocean Grove
- Oceanport
- Parlin
- Perth Amboy
- Pine Beach
- Port Monmouth
- Red Bank
- Rumson
- Sayreville
- Shrewsbury
- Wanamassa
- West Belmar
- West Long Branch
- Yorketown
Neighborhoods in Long Branch, NJ
No neighborhoods foundPopular Zip Codes in Long Branch, NJ
07740 rent to own homesBuying a Home in Long Branch, NJ
Long Branch, NJ is seeing rapid growth and Long Branch, NJ's' housing market remains not optimal with an average home price that is 69% above the 2024 national average. Long Branch, NJ is part of Monmouth 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 Monmouth is 1.63% which is above the national average, which is 0.99%.
Median Home Price in Long Branch, NJ
Median Rent in Long Branch, NJ
Top 4 Reasons to Live in Long Branch, NJ
It's near the beach! Located on the historic and famous Jersey Shore, Long Branch is a city that is centered around the beach. The long stretch of beach spans several Long Branch neighborhoods and includes a brand new boardwalk in Pier Village, which offers great dining, shopping, and a walking promenade. The new Seven Presidents Oceanfront Park is at the northern end and offers a variety of activities including swimming, boating, skating, and picnic locations. Along the beach you can find spas, restaurants and even a lake!
Always find homes to rent! Because Long Branch is a beach town, there are always great opportunities to rent. The rental vacancy rate is at a respectable 3.6% and finding affordable options is easy. With the average rental at $1,237, renting a house or an apartment is affordable. Whether you are looking to rent to own or simply rent an apartment, finding a location will only get easier as several new mid-rise buildings lining the ocean are completed. Once settled in, you'll continue to find plenty to do with summer concert series like Thursday by the Sea and Blues by the Beach.
Great nightlife! With over 100 locations to choose from, there are a variety of options when it comes to enjoying a fun night out. If you are looking for a great restaurant, you can visit Pier Village, which has a modern vibe and offers happy hour on the boardwalk. If dinner and drinks is more your taste, then go to The Wine Loft or McLoone's Pier House. There is also a good variety of price ranges, from cheap good eats at Surf Taco to fine dining at Avenue Le Club.
High ownership and occupancy rates! With a low vacancy rate of 1.3%, homeowners in Long Branch come to stay. The length of stay per housing unit is significantly higher than the state average, which indicates a population who live and stay in their homes. The quiet neighborhoods and beautiful beaches beckon those who move to America's first resort town and keep them there. Stay beach ready year-round with gyms and fitness facilities galore, including Gold's Gym and The Dojo of Champions.