Rent to own Homes in Lake Placid, NY

Lake Placid, NY is a great place for affordable rent-to-own homes! With a median household income of over $41,406 and a median rent of $1,020, the Lake Placid, 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 Lake Placid, 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.

Check out Lake Placid, NY rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 93
Hot
291 TEBOVILLE RD
Rent To Own
 
Single Family Home
Malone, NY 12953
2
1
1095 ft2
1900
30 ALPINE LN
Rent To Own
 
Single Family Home
Lake Placid, NY 12946
2
4
2300 ft2
1900
Hot
544 OLD MILITARY RD
Rent To Own
 
Single Family Home
Lake Placid, NY 12946
4
3
2995 ft2
1946
1 of 5 9 Marina Way
Rent To Own
 
Multifamily (2 - 4 Units)
Lake Placid, NY 12946
4
4
4000 ft2
2004
1 of 10 1340 GOODNOW FLOW RD
Rent To Own
 
Single Family Home
Newcomb, NY 12852
3
1
1376 ft2
1970
1 of 18 1706 State Route 30
Rent To Own
 
Multifamily (2 - 4 Units)
Tupper Lake, NY 12986
3
1
2010 ft2
1958
1110 DEERLAND RD
Rent To Own
 
Townhouse/Condo
Long Lake, NY 12847
6
3
3743 ft2
1940
1 of 57 4 DARIN AVE
Rent To Own
 
Single Family Home
Morrisonville, NY 12962
5
4
2776 ft2
1995
6113 Nys Rte #30
Rent To Own
 
Single Family Home
Indian Lake, NY 12842
5
2
2187 ft2
1950
Hot
1 of 6 153 PELLERIN RD
Rent To Own
 
Single Family Home
Plattsburgh, NY 12901
4
3
3200 ft2
1992
1 of 20 30 CRESCENT DR
Rent To Own
 
Single Family Home
Plattsburgh, NY 12901
2
3
1097 ft2
1966
197 HURLEY AVE
Auction
 
Multifamily (2 - 4 Units)
Lake Placid, NY 12946
8
4
5712 ft2
New
72 ONEIDA AVE
Pre-Foreclosure (Lis Pendens)
 
Multifamily (5+ Units)
Lake Placid, NY 12946
4
2
2260 ft2
1920
New
1 of 10 96 HELEN ST
Auction
 
Single Family Home
Saranac Lake, NY 12983
4
2
1584 ft2
1900
New
20 SUMNER PL
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Saranac Lake, NY 12983
3
3
3089 ft2
1900
16 VIEW ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Saranac Lake, NY 12983
2
1
880 ft2
1900
1 of 5 36 JAMES ST
REO Foreclosure
 
Single Family Home
Saranac Lake, NY 12983
3
2
1565 ft2
1920
422 COUNTY ROUTE 47
REO Foreclosure
 
Single Family Home
Saranac Lake, NY 12983
3
2
1712 ft2
1932
674 COUNTY ROUTE 55
REO Foreclosure
 
Single Family Home
Saranac Lake, NY 12983
3
2
1400 ft2
1987
1 of 12 53 ALGONQUIN AVE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Saranac Lake, NY 12983
2
1
916 ft2
1935
1908 NYS ROUTE 73
REO Foreclosure
 
Single Family Home
Keene Valley, NY 12943
4
1
1432 ft2
1890
6025 NYS ROUTE 86
Auction
 
Single Family Home
Wilmington, NY 12997
3
1
1248 ft2
1954
1082 OREGON PLAINS RD
REO Foreclosure
 
Single Family Home
Vermontville, NY 12989
2
1
1152 ft2
1920
New
841 STATE ROUTE 86
Auction
 
Single Family Home
Gabriels, NY 12939
4
1
1460 ft2
1920
New
9 SANFORD LN
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Newcomb, NY 12852
3
1
968 ft2
1940
1385 STRACKVILLE RD
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Saranac, NY 12981
3
1
990 ft2
1900
52 BIRCHWOOD DR
REO Foreclosure
 
Single Family Home
Au Sable Forks, NY 12912
1
1
750 ft2
1992
New
1758 PEASLEEVILLE RD
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Schuyler Falls, NY 12985
2
2
1728 ft2
1979
New
4284 RT 3
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Saranac, NY 12981
3
2
1275 ft2
1849
New
3364 US ROUTE 9
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
North Hudson, NY 12855
3
1
1254 ft2
1930
New
947 RT 22B
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Schuyler Falls, NY 12985
3
1
1757 ft2
1900
2424 US ROUTE 9
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Schroon Lake, NY 12870
3
2
1782 ft2
1995
940 PEASLEEVILLE RD
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Schuyler Falls, NY 12985
3
1
1186 ft2
1856
New
1 of 66 815 STOWERSVILLE RD
Auction
 
Single Family Home
Lewis, NY 12950
3
2
1656 ft2
1988
New
1149 HARDSCRABBLE RD
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Cadyville, NY 12918
2
2
1293 ft2
1978
New
110 STETSON RD
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Tupper Lake, NY 12986
3
1
1052 ft2
1940
26 SUNSET AVE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Tupper Lake, NY 12986
3
2
1668 ft2
1920
New
1 of 2 59 PLEASANT AVE
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Tupper Lake, NY 12986
3
1
1204 ft2
1960
10 STETSON RD
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Tupper Lake, NY 12986
3
2
1296 ft2
1952
576 BUCKS CORNERS RD
Auction
 
Single Family Home
Saranac, NY 12981
3
2
1744 ft2
1990
New
95 WAWBEEK AVE
REO Foreclosure
 
Single Family Home
Tupper Lake, NY 12986
3
1
1285 ft2
1910
750 COUNTY ROUTE 27
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Owls Head, NY 12969
1
1
961 ft2
1965
New
68 CHIPMUNK LN
REO Foreclosure
 
Single Family Home
Witherbee, NY 12998
3
1
1109 ft2
1979
47 WASHINGTON ST
Pre-Foreclosure (Lis Pendens)
 
Single Family Home
Tupper Lake, NY 12986
3
2
1228 ft2
1925
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Buying a Home in Lake Placid, NY

Lake Placid, NY is seeing rapid growth and Lake Placid, NY's' housing market remains not optimal with an average home price that is 26% above the 2024 national average. Lake Placid, NY is part of Essex 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 Essex is 1.36% which is above the national average, which is 0.99%.

Median Home Price in Lake Placid, NY

Median Rent in Lake Placid, NY

Rent to own homes offer low monthly payments and flexible terms.