Rent to own Homes in Johnson City, NY
Despite its name, Johnson City is technically a village in Broome County, New York. With a population of nearly 15,200 folks, a bustling downtown area, plenty of housing options and views of the Susquehanna River, Johnson City is a solid spot within the Binghamton metropolitan region. Located three hours west of New York City, Johnson City may lack the big city lights, but it is almost certain to have the amenities, atmosphere and charm to satisfy you.
Johnson City, NY is a great place for affordable rent-to-own homes! With a median household income of over $43,112 and a median rent of $819, the Johnson City, 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 Johnson City, 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.
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Rent to own Homes in Cities Near Johnson City, NY
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Neighborhoods in Johnson City, NY
Johnson City Historic District rent to own homes Johnson City rent to own homesPopular Zip Codes in Johnson City, NY
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Johnson City, NY is seeing rapid growth and Johnson City, NY's' housing market remains optimal with an average home price that is -58% below the 2024 national average. Johnson City, NY is part of Broome 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 Broome is 2.43% which is above the national average, which is 0.99%.
Median Home Price in Johnson City, NY
Median Rent in Johnson City, NY
Top 6 Reasons to Live in Johnson City, NY
Shop anytime you desire! Johnson City offers its residents exceptional shopping options. Oakdale Mall is one of the most popular shopping destinations in the region and features all sorts of popular anchor stores, such as Macy's, Sears and the Burlington Coat Factory, as well as other familiar chain retailers. The village also has niche shops and independent stores, such as Fat Cat Comics, JC-Coin Shop and Hank's Warehouse (a clothing store).
Buy or rent without any difficulty! While 56.4 percent of the housing units in Johnson City are owner-occupied, the remaining 43.6 percent are renter-occupied. Both buyers and renters have plenty of options here, especially when you consider that new properties are always being listed on the market. Rent to own homes are becoming more popular as well. You can't go wrong with the Westover neighborhood or the Floral Park area.
Have a memorable meal! Whether it's gyros at the Greek House Restaurant or slices of pizza at Brozzetti's Pizza, you are going to be impressed by the eateries that dot the streets of Johnson City. From breakfast and coffee at Reveille Restaurant to late-night snacks and beer at the Blind Tiger Pub, there is something for any occasion in this village.
Pay less for your home! The average property value per square foot is under $70, compared to over $80 for the greater Binghamton area. That means you can save money on your pad or go for a bigger lodging. If you want something bigger, look for houses near Calvary Cemetery. For something near the center of the action but still reasonably priced, look near Your Home Library on Main Street.
Explore the wonderful green space! Johnson City's parks offer you room to stretch out and get away when you need to. The picturesque Finch Hollow Nature Center is great for walking, birding and having a picnic, while Northside Park is the spot for sports, including swimming, basketball and baseball.
Visit great area museums! Whether you live near the Floral Park Cemetery or by Lane's Wines and Spirits, you can get to Binghamton's renowned museums in no time. The Bundy Museum of History and Art tells the story of this region in exquisite detail, while the Roberson Museum and Science Center always has intriguing exhibitions.