Rent to own Homes in Kings Park, NY
Kings Park is a small hamlet tucked into the north shore of Long Island, featuring plenty of great housing options and a close connection to New York City. With approximately 17,000 people, Kings Park is the perfect size for small town living but big enough to have plenty to do. Residents of King Park enjoy the close-knit community, the beautiful beaches available, and the small town eateries and stores featured in this lovely part of New York state.
Kings Park, NY is a great place for affordable rent-to-own homes! With a median household income of over $98,031 and a median rent of $1,627, the Kings Park, 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 Kings Park, 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 Kings Park, NY Property Resources
Rent to own Homes in Cities Near Kings Park, 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 Kings Park, NY
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11754 rent to own homesBuying a Home in Kings Park, NY
Kings Park, NY is seeing rapid growth and Kings Park, NY's' housing market remains not optimal with an average home price that is 108% above the 2024 national average. Kings Park, 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 Kings Park, NY
Median Rent in Kings Park, NY
Top 5 Reasons to Live in Kings Park, NY
An investment for life! Kings Park real estate has offered a sizable return on investments, going hand in hand with a slow but steady population growth of 7 percent between 2000 and 2010. Median house values have increased from approximately $220,000 in 2000 to $416,000 in 2012. People love living in Kings Park, and it's reflected in the amazing growth in housing values in this New York hamlet. Many people also choose to rent to own as affordable way of investing in the market. Try Pulaski Road or Old Dock Road neighborhoods for a long-term investment.
Amazing dining options! Relish is one of the best restaurants in Kings Park, featuring thick steaks and maple glazed grilled chicken. Locals also love Bagel King for its authentic New York bagels and wide variety of delicious cream cheeses. You can often see residents grabbing a cup of coffee and a hot bagel every morning before heading off to work.
Plenty of real estate on offer! In Kings Park, you can find everything from colonials and ranch-style houses to contemporary homes, so options for every taste are available. There are also plenty -- 58 percent of available housing -- of older and well-established homes with beautiful designs. At the same time, those looking for a small house or condos have plenty of options, with 21 percent of the available housing being 1 to 2 bedrooms, while those looking for very large homes also have options, with nearly 30 percent offering 4 bedrooms or more. Look for homes in the Town Center or the Bishops Road area.
Outdoor recreation available! In Kings Park, you're surrounded by natural beauty. People living in this hamlet have quick access to Nissequogue River State Park, Sunken Meadow State Park, and the beaches of the North Shore. Cool down in the water on a hot summer day, go boating in the Long Island Sound, or simply enjoy a picnic with your neighbors.
A growing economy! Kings Park has a direct connection to New York City via the Long Island Rail Road, so there are great economic opportunities available for residents. Many locals work for the New York City Police Department, Suffolk County police department, and the New York City Fire Department. There's also large percentage of residents working in the stable healthcare sector - nearly 15 percent of those who work in Kings Park.