Rent to own Homes in Elmont, NY
If you're thinking about finding a house in Elmont, you'll quickly realize all the perks of living in this suburban town! Elmont is jam-packed with excitement and things to do, from the Belmont Park Race Track, which is a Triple Crown venue, to the Sand Castle, which hosts some of the most glamorous events on all of Long Island. Plus, it's just a quick drive into Manhattan where you can take advantage of everything the Big Apple has to offer!
Elmont, NY is a great place for affordable rent-to-own homes! With a median household income of over $100,923 and a median rent of $1,767, the Elmont, 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 Elmont, 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 Elmont, NY Property Resources
Rent to own Homes in Cities Near Elmont, NY
- Atlantic Beach
- Baldwin
- Baldwin Harbor
- Barnum Island
- Bayville
- Bellerose Terrace
- Bellmore
- Bogota
- Cedarhurst
- Eastchester
- East Garden City
- East Meadow
- East Rockaway
- Flower Hill
- Freeport
- Glen Head
- Grand View-on-Hudson
- Great Neck Estates
- Herricks
- Hewlett Harbor
- Highlands
- Lake Success
- Lawrence
- Levittown
- Locust Valley
- Malverne
- Manhasset Hills
- Massapequa Park
- Muttontown
- North Lynbrook
- North Merrick
- North Wantagh
- Orangeburg
- Pearl River
- Pelham
- Piermont
- River Edge
- Rockleigh
- Rock Ridge
- Roslyn Heights
- Salisbury
- Sleepy Hollow
- South Floral Park
- South Hempstead
- South Valley Stream
- Sparkill
- Tappan
- Tarrytown
- Tuckahoe
- Williston Park
Neighborhoods in Elmont, NY
No neighborhoods foundPopular Zip Codes in Elmont, NY
11003 rent to own homesBuying a Home in Elmont, NY
Elmont, NY is seeing rapid growth and Elmont, NY's' housing market remains not optimal with an average home price that is 97% above the 2024 national average. Elmont, NY is part of Nassau 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 Nassau is 1.79% which is above the national average, which is 0.99%.
Median Home Price in Elmont, NY
Median Rent in Elmont, NY
Top 4 Reasons to Live in Elmont, NY
Plenty of affordable housing! Elmont has a 5 percent vacancy rate, so you can find a lot of great properties for rent and for sale! The area is also an economic hub for this part of New York. People who buy property here usually have no problem finding employment. Businesses like Total Security Integrated Systems and Plybor Building Industry Corporation supply jobs to the area. Many local residents also commute to New York City for work.
Gorgeous Properties! Nassau County has a reputation for having beautiful homes on large, sprawling lawns. If you're looking for a neighborhood with quaint, tree-lined streets and a lot of room to spread out, this will be a great option for you. One of the most coveted areas to look for property is near the gorgeous old Maimonides-Elmont Cemetery, but homes on Hempstead Turnpike near the Elmont Public LIbrary are also desirable.
Proximity to New York City! Elmont is located in a convenient area on Long Island, and it happens to be just one hour into Manhattan! While Elmont has plenty of activities to keep you busy, you also have the magic of the Big Apple right at your fingertips. You can easily access the city by hopping on the Long Island Railroad just a few minutes away. It's also easy to drive in via the Long Island Expressway. Another perk? It's about a twenty minute drive to JFK. It's one of the most accessible places to rent to own or buy a house!
Dine 'til you drop! One thing about Long Island residents is that they definitely know how to eat well. Elmont is no exception and you can spend years trying all the various restaurants in town before you've even come close to hitting them all! Mixed Notes Cafe serves up a unique blend of Creole and Haitian food that locals line up for. Yardies puts a fresh spin on Jamaican cuisine, and Plattduetsche Park is the place to go for traditional German food! Most of the restaurants in town are located conveniently off the Long Island Railroad, too, so if you are commuting back from the city via train, you can easily stop for a warm dinner before driving home.