Rent to own Homes in Allegany, NY

Allegany, NY is a great place for affordable rent-to-own homes! With a median household income of over $59,313 and a median rent of $669, the Allegany, 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 Allegany, 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.

Check out Allegany, NY rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
1 of 3 128 BEST AVE
Rent to Own Eligible
 
Single Family Home
Bradford, PA 16701
3
1
1000 ft2
1900
1 of 50 600 MINARD RUN RD
Rent to Own Eligible
 
Single Family Home
Bradford, PA 16701
5
4
5114 ft2
1994
81 KATHERINE ST
Rent to Own Eligible
 
Single Family Home
Port Allegany, PA 16743
4
1
1936 ft2
1903
1 of 21 242 ROUTE 6 W
Rent to Own Eligible
 
Single Family Home
Coudersport, PA 16915
4
2
3079 ft2
1900
119 chipmonk rd limestone ny 14753
Rent To Own
 
Multifamily (2 - 4 Units)
Limestone, NY 14753
3
3
2128 ft2
2000
Hot
27 ROBERTS ST
Rent To Own
 
Single Family Home
Bradford, PA 16701
4
2
1876 ft2
1900
1 of 3 326 VENTURES DR
Rent To Own
 
Multifamily (2 - 4 Units)
Rew, PA 16744
4
2
2052 ft2
2008
1 of 52 9700 ROUTE 240
Rent To Own
 
Single Family Home
West Valley, NY 14171
3
3
2500 ft2
1986
2 MAPLE AVE
Rent To Own
 
Single Family Home
Friendship, NY 14739
3
2
532 ft2
2009
1 of 33 24 CHESTNUT ST
Rent To Own
 
Single Family Home
Kane, PA 16735
3
2
1906 ft2
1910
Hot
1 of 16 62 PROSPECT ST
Rent To Own
 
Single Family Home
Arcade, NY 14009
4
2
1632 ft2
1935
45 MAPLE AVE
Rent To Own
 
Single Family Home
Springville, NY 14141
2
1
1208 ft2
1925
42 Conewango Rd #241
Rent To Own
 
Single Family Home
Randolph, NY 14772
3
2
1584 ft2
1940
1 of 40 13 CHURCH ST
Rent To Own
 
Single Family Home
Randolph, NY 14772
4
3
3696 ft2
1919
39 CHESTNUT ST
Auction
 
Single Family Home
Allegany, NY 14706
3
1
1070 ft2
1900
Hot
3403 MAPLE AVE
REO Foreclosure
 
Single Family Home
Allegany, NY 14706
3
1
1528 ft2
1964
Hot
3432 FORTUNE DR
REO Foreclosure
 
Single Family Home
Allegany, NY 14706
3
2
1152 ft2
1957
1 of 11 3815 OLD STATE RD
REO Foreclosure
 
Single Family Home
Allegany, NY 14706
3
2
1848 ft2
1982
Hot
126 S 19TH ST
REO Foreclosure
 
Single Family Home
Olean, NY 14760
2
1
1366 ft2
1920
New
1 of 26 1213 W SULLIVAN ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Olean, NY 14760
3
2
1520 ft2
1875
New
128 N 12TH ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Olean, NY 14760
4
2
1584 ft2
1920
1 of 21 224 WINTERS AVE
REO Foreclosure
 
Single Family Home
Olean, NY 14760
2
1
888 ft2
1920
Hot
205 S 8TH ST
REO Foreclosure
 
Single Family Home
Olean, NY 14760
3
2
1494 ft2
1900
1 of 22 211 W OAK ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Olean, NY 14760
3
1
1584 ft2
1927
New
1 of 5 2638 MCCANN HOLLOW RD
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Olean, NY 14760
3
3
1580 ft2
1956
New
1 of 26 4380 BLAIR RD
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Allegany, NY 14706
3
3
1768 ft2
1998
New
1 of 10 1006 VINE ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Olean, NY 14760
3
1
1308 ft2
1910
New
1311 N UNION ST
Pre-Foreclosure (Lis Pendens)
 
Townhouse/Condo
Olean, NY 14760
4
2
2100 ft2
1903
Hot
1 of 25 314 S 3RD ST
REO Foreclosure
 
Single Family Home
Olean, NY 14760
3
1
1207 ft2
1900
1300 OLD ROCK CITY RD
REO Foreclosure
 
Single Family Home
Olean, NY 14760
3
1
1292 ft2
1911
312 W HENLEY ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Olean, NY 14760
2
1
1164 ft2
1900
New
1 of 21 215 S 2ND ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Olean, NY 14760
4
2
1880 ft2
1925
214 IRVING ST
REO Foreclosure
 
Single Family Home
Olean, NY 14760
3
1
1056 ft2
1880
1 of 10 206 W GREEN ST
Auction
 
Single Family Home
Olean, NY 14760
3
2
1798 ft2
1910
121 W GREEN ST
REO Foreclosure
 
Single Family Home
Olean, NY 14760
3
1
1188 ft2
1890
New
240 S CLINTON ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Olean, NY 14760
3
2
1374 ft2
1915
New
518 1ST AVE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Olean, NY 14760
3
2
1432 ft2
1878
Hot New
328 TOMPKINS ST
REO Foreclosure
 
Townhouse/Condo
Olean, NY 14760
6
4
4026 ft2
1905
Hot New
1 of 12 2674 SMITH HOLLOW RD
REO Foreclosure
 
Single Family Home
Olean, NY 14760
2
1
1050 ft2
1978
1 of 103 1616 STARDUST LN
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Olean, NY 14760
4
3
2204 ft2
1968
1 of 23 323 QUEEN ST
REO Foreclosure
 
Single Family Home
Olean, NY 14760
1
1
1084 ft2
1950
Hot
138 GROSSMAN AVE
REO Foreclosure
 
Single Family Home
Olean, NY 14760
4
2
1456 ft2
1926
1218 SENECA AVE
REO Foreclosure
 
Single Family Home
Olean, NY 14760
3
1
1152 ft2
1927
New
1231 SENECA AVE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Olean, NY 14760
3
2
1328 ft2
1895
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Buying a Home in Allegany, NY

Allegany, NY is seeing rapid growth and Allegany, NY's' housing market remains optimal with an average home price that is -47% below the 2024 national average. Allegany, NY is part of Cattaraugus 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 Cattaraugus is 2.67% which is above the national average, which is 0.99%.

Median Home Price in Allegany, NY

Median Rent in Allegany, NY

Rent to own homes offer low monthly payments and flexible terms.