Rent to own Homes in Greenlawn, NY
Greenlawn, NY attracts residents for its relaxed feel and its proximity to the best of the New York metropolitan area. The town is a small hamlet on the western side of Long Island that had a population of 13,742 during the 2010 census. Greenlawn has a rural feel and an agricultural past. Today's residents choose the city because it's just a short drive from the beaches of Centerport and the shops of Manhattan.
Greenlawn, NY is a great place for affordable rent-to-own homes! With a median household income of over $116,891 and a median rent of $931, the Greenlawn, 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 Greenlawn, 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 Greenlawn, NY Property Resources
Rent to own Homes in Cities Near Greenlawn, 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 Greenlawn, NY
No neighborhoods foundPopular Zip Codes in Greenlawn, NY
11740 rent to own homesBuying a Home in Greenlawn, NY
Greenlawn, NY is seeing rapid growth and Greenlawn, NY's' housing market remains not optimal with an average home price that is 118% above the 2024 national average. Greenlawn, 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 Greenlawn, NY
Median Rent in Greenlawn, NY
Top 5 Reasons to Live in Greenlawn, NY
Rising home values! Greenlawn, NY real estate is among the most expensive in the nation. Values are rapidly rising, and it's a great time for buyers to make an investment. In 2010, the estimated median house price was $222,700. In 2012, the value rose to reach an average of $427,435. The most expensive areas within the city of Greenlawn are Town Center and the Paumanack Village Drive area.
Community events! Greenlawn residents come together throughout the year to celebrate the town's rich heritage. The annual Pickle Festival highlights the city's history as a major producer of pickles. The festival features vendors with homemade pickles, jellies, and farm-fresh produce. The John Gardiner Farm, which is on the National Register of Historic Places, hosts the annual festival. The farm is a working farm and has a museum complex on the grounds.
High ownership rates! Since nearly 80% of homes in Greenlawn are owned by the resident, the community has a stable feel. There are rent to own homes available, and nearly 18% of all properties are leased. For some of the most affordable properties in Greenlawn, check out the neighborhoods of Longacre Drive or Crooked Hill Road.
Great dining! Ruvo Restaurant and Gourmet Store has authentic Italian fare, an extensive wine selection, and fresh cheeses from around the world. Old Fields is a bar and restaurant that is known for fresh steaks, seafood, and burgers. The restaurant has been serving Greenlawn residents for more than 50 years. For wraps and sandwiches, check out Buffalo Grille LLC.
Parks and beaches! Greenlawn is just a short drive to the beaches along Smithtown and Northport Bays. The Sunken Meadow State Park provides a picturesque view of the Long Island Sound and the Connecticut skyline. The park has three miles of beaches with a boardwalk and cross-country trails. For hikers, the park hosts the northern end of the Long Island Greenbelt. While Crab Meadow Beach doesn't have sandy beaches, it does have its own restaurant, La Casa, and a pavilion to host large events. For kayakers and boaters, the beach provides easy access to the Long Island Sound.