Rent to own Homes in Central Islip, NY
The sleepy little hamlet of Central Islip began to wake up in the 1990s, when housing developments went up, a new federal courthouse opened and several businesses moved to the area. Located right in the middle of the town of Islip, Central Islip manages to squeeze roughly 34,450 residents in 7.1 square miles of land. Despite its small size, you'll find quite a few places to eat here, like Tango Argentinian Steakhouse, Danny's Pizza and Carrabba's.
Central Islip, NY is a great place for affordable rent-to-own homes! With a median household income of over $79,645 and a median rent of $1,803, the Central Islip, 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 Central Islip, 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 Central Islip, NY Property Resources
Rent to own Homes in Cities Near Central Islip, 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 Central Islip, NY
No neighborhoods foundPopular Zip Codes in Central Islip, NY
11722 rent to own homesBuying a Home in Central Islip, NY
Central Islip, NY is seeing rapid growth and Central Islip, NY's' housing market remains not optimal with an average home price that is 37% above the 2024 national average. Central Islip, 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 Central Islip, NY
Median Rent in Central Islip, NY
Top 3 Reasons to Live in Central Islip
A variety of rental options! Central Islip offers cozy studio apartments, modest 2 bedroom homes and apartments and spacious 4 bedroom rental homes. Close to one-third of homes in Central Islip are renter-occupied, giving you a good chance of scoring one of these places as long as you keep an eye on available rental properties. If you're a bookworm, check out rental options that are close to the Central Islip Public Library. If you want to be near shops and restaurants, look near the Islandia Shopping Center, which is home to Dave and Buster's, Starbucks, Walmart and Famous Footwear.
More homes for sale! The number of homes on the market in Central Islip and the number of sales has increased considerably from just a few years ago. Whether you want to buy a home or look for a rent to own home first, you won't have trouble finding them. Home prices in Central Islip have increased slightly, but having more homes available means buyers have the upper hand in real estate negotiations. Look for homes near Central Islip Recreation Village Park to enjoy the fresh air or close to Central Islip Town Center for convenient shopping at Target, Home Depot and other stores.
The great outdoors! You don't have to travel upstate to enjoy some quiet time in scenic, natural surroundings. Right on Central Islip's eastern edge is Connetquot River State Park Preserve, which gives you plenty of options to appreciate nature. Go hiking, take a horseback ride, do some cross-country skiing, go fishing or observe local species, such as rare nesting birds and deer. Check out the Central Islip Town Ball Fields on Eastview Drive and show support for the area's Little League teams. Bring along a picnic lunch while cheering one of the teams on and enjoying the fresh air and sunshine.