Rent to own Homes in Beacon, NY
The city of Beacon is a quaint little town next to the Hudson River in upstate New York. Its name came from the beacon fires that were lit up on Fishkill Mountains during the Revolutionary War. The city's origins date back to the early 1700s, and it has managed to retain a lot of its original charm. Beacon is filled with historical architecture and sites, but it also offers plenty of modern conveniences. Folk singer Pete Seeger called this place home for several years and so do more than 15,000 people.
Beacon, NY is a great place for affordable rent-to-own homes! With a median household income of over $78,350 and a median rent of $1,330, the Beacon, 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 Beacon, 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 Beacon, NY Property Resources
Rent to own Homes in Cities Near Beacon, NY
- Arlington
- Balmville
- Beaver Dam Lake
- Bedford Hills
- Brewster Hill
- Brinckerhoff
- Buchanan
- Cold Spring
- Congers
- Cornwall-on-Hudson
- Croton-on-Hudson
- Crown Heights
- Crugers
- Fairview
- Firthcliffe
- Fishkill
- Freedom Plains
- Gardiner
- Gardnertown
- Heritage Hills
- High Falls
- Highland
- Highland Mills
- Hyde Park
- Jefferson Valley-Yorktown
- Katonah
- Kiryas Joel
- Lake Carmel
- Lincolndale
- Mac Donnell Heights
- Marlboro
- Maybrook
- Merritt Park
- Millbrook
- Milton
- Montgomery
- Mount Ivy
- Myers Corner
- Nelsonville
- Newburgh
- New Hamburg
- Rosendale Hamlet
- Shorehaven
- Stony Point
- Thiells
- Tomkins Cove
- Vassar College
- Verplanck
- Walton Park
- West Haverstraw
Neighborhoods in Beacon, NY
Beacon rent to own homesPopular Zip Codes in Beacon, NY
12508 rent to own homesBuying a Home in Beacon, NY
Beacon, NY is seeing rapid growth and Beacon, NY's' housing market remains not optimal with an average home price that is 44% above the 2024 national average. Beacon, NY is part of Dutchess 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 Dutchess is 1.51% which is above the national average, which is 0.99%.
Median Home Price in Beacon, NY
Median Rent in Beacon, NY
Top 4 Reasons to Live in Beacon, NY
Great rental options! Roughly half of the properties in Beacon are renter-occupied, so you won't have trouble finding a home here. Focus your search in the Fishkill Avenue and Verplanck Avenue areas or in the Strack Drive neighborhood, where there are a lot of rental apartments and houses. If you're thinking of settling here, don't forget to check out rent to own options as well.
Lower listing prices! Houses for sale in Beacon are being listed at lower prices, which makes this an ideal time to snag a great deal on your next home. With appreciation rates increasing, purchasing a home in Beacon is a smart investment. Look for available homes for sale in the Washington Avenue and Liberty Street neighborhood, where appreciation rates are the highest, or in the Groveville neighborhood.
History and art! Beacon has plenty of art galleries to browse through, as well as historical buildings to see. Visit Mount Beacon Park to see the historic Mount Beacon Incline Railway, which dates back to the early 1900s. You can hike up a trail that follows the old railway path and see preserved portions of the railway itself. At Dia:Beacon, you can see a wide range of modern artwork and special exhibitions presented by the Dia Art Foundation. The art gallery also holds gallery talks, community free days and other events.
Plenty of dining choices! Beacon is filled with tons of great restaurants, whether you prefer sticking to familiar chain options or trying out locally owned establishments. At Towne Crier Cafe, you get to enjoy delicious food and live entertainment. The cafe has sandwiches, chicken entrees, steak and several other items on the menu. Check out their calendar for concert dates and open mic nights. Roundhouse at Beacon Falls offers fine dining in a beautiful historical building. You'll find items like lobster roll, roasted rib eye and North Atlantic cod on the menu.