Rent to own Homes in East Islip, NY
A hamlet of the broader town of Islip, East Islip lies on the picturesque south shore of Long Island and has a population of 14,475. Named after the estate of an English aristocrat who purchased the land around town in 1683, East Islip was once a playground for captains of industry but is today a quiet community of locals and commuters into Manhattan.
East Islip, NY is a great place for affordable rent-to-own homes! With a median household income of over $111,423 and a median rent of $2,086, the East 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 East 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 East Islip, NY Property Resources
Rent to own Homes in Cities Near East 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 East Islip, NY
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11730 rent to own homesBuying a Home in East Islip, NY
East Islip, NY is seeing rapid growth and East Islip, NY's' housing market remains not optimal with an average home price that is 97% above the 2024 national average. East 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 East Islip, NY
Median Rent in East Islip, NY
6 Reasons To Move To East Islip, New York
Be on the water! East Islip has three marinas, two public and one private. Local residents can launch their boat and within minutes be fishing the area bays or the deep waters of the Atlantic. Locals enjoy catching the feisty Striped Bass, but those who get skunked on the water can still enjoy eating seafood at Bayside Clam Bar & Grill.
Live surrounded by nature! Right across Great South Bay from East Islip sit the protected shores of Fire Island, and there are other barrier islands to the north and south. In town, residents can take in the wildlife at Heckscher State Park or the Seatuck National Wildlife Refuge.
Enjoy the excellent restaurants! East Islip is a town full of top-quality cuisine. Locals love Shandon Court, an Irish American place with live music nightly and a Sunday brunch. Being New York, there's also a home-style Italian joint in the form of Vinnie's Mulberry Street.
Immerse yourself in arts and culture! East Islip and the other hamlets of Islip have a thriving arts council which keeps a full calendar of events, including concert series with performers ranging from classical to rock. There is also an annual jazz festival and a School of Cultural Arts that offers educational programs for residents.
A lot of real estate inventory! East Islip is a dense, primarily residential town, which means that it has a high per-capita real estate inventory, mostly single-family homes. Higher-priced homes can be found on or near Champlin Creek, where residents regularly paddle board in the summer, but buyers can also find value in the neighborhoods on the eastern side of town near Main Street. These eastern neighborhoods are also great for commuters because of the easy access to Heckscher Parkway, one of the main arteries in and out of town.
Strong rental market! Though mostly single-family residences, there are a number of rental apartments in East Islip. There are also some great rental homes, which can be ideal for those seeking a rent to own option. Young renters will enjoy the friendly vibes at Fatty McGee's on Connetquot Avenue, a neighborhood bar and wing joint. New residents can also choose to take up surfing with a stop by Rick's Action Sports, the town surf shop.