Rent to own Homes in Holtsville, NY
After the completion of the Long Island Railroad in 1843, Holtsville evolved from a collection of farmhouses situated in the center of Long Island to a community of just under 20,000 and is part of the town of Brookhaven. It was previously called Waverly, but its name was changed to Holtsville in 1863 in honor of U.S. Postmaster General Joseph Holt.
Holtsville, NY is a great place for affordable rent-to-own homes! With a median household income of over $109,701 and a median rent of $1,735, the Holtsville, 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 Holtsville, 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 Holtsville, NY Property Resources
Rent to own Homes in Cities Near Holtsville, NY
- Aquebogue
- Baiting Hollow
- Bayport
- Belle Terre
- Bellport
- Brookhaven
- Calverton
- Center Moriches
- East Moriches
- East Patchogue
- Eastport
- East Quogue
- East Shoreham
- Farmingville
- Fire Island
- Flanders
- Gordon Heights
- Hampton Bays
- Hauppauge
- Holbrook
- Islandia
- Islip
- Jamesport
- Lake Ronkonkoma
- Laurel
- Manorville
- Mastic
- Mastic Beach
- Mattituck
- Medford
- Middle Island
- Miller Place
- Moriches
- Mount Sinai
- Northampton
- North Bellport
- Patchogue
- Port Jefferson Station
- Ridge
- Shirley
- Shoreham
- Smithtown
- Sound Beach
- Stony Brook
- Stony Brook University
- Terryville
- Village of the Branch
- Wading River
- Westhampton
- Westhampton Beach
Neighborhoods in Holtsville, NY
No neighborhoods foundBuying a Home in Holtsville, NY
Holtsville, NY is seeing rapid growth and Holtsville, NY's' housing market remains not optimal with an average home price that is 73% above the 2024 national average. Holtsville, 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 Holtsville, NY
Median Rent in Holtsville, NY
4 reasons to move to Holtsville, NY
High home values! Prices have risen by 2.63% in the past 12 months and this trend will likely continue due to high demand reflected by the low vacancy rate of just 5%. The area immediately north of the Long Island Railroad tracks is adjacent to Long Island Avenue and has the lion's share of Holtsville's affordable rent to own homes. For even more great homes, you can also look search around the neighborhoods to either side of North Ocean Avenue.
Visit the zoo! The Harold H. Malkmes Wildlife Education and Ecology Center is one of the prime family attractions in Holtsville. It's located on a reclaimed landfill site next to Buckley Road and features an animal preserve, pool/picnic area, exercise trail, and the Safety Town Educational Facility. The Wildlife and Ecology Center Animal Preserve takes care of more than 100 injured wild and farm animals that are available for viewing seven days a week. Animals under their care include Bobcats, Eagles, and Bison.
High incomes and low unemployment! Median household incomes are significantly higher than the New York State average, $86,648 compared to $57,683 elsewhere, making a difference of 50.2%. Since 1972, the main employer in Holtsville has been the large Internal Revenue Office processing center, which is situated in a 67-acre office on Waverly Avenue. The majority of working residents commute to New York City using the nearby Long Island Railroad Medford Station or by automobile via the Long Island Expressway. Unemployment stands at just 3.0%, compared to 5.6% for the rest of the state. This is due to the abundant employment opportunities in the greater New York City Metropolitan Area.