Rent to own Homes in Lynbrook, NY
Lynbrook, New York was once a quaint little village settled by Brooklynites who wanted to experience small town living. The neighborhood went through several names before settling on Lynbrook, an anagram of Brooklyn that pays homage to many of the original residents' first hometown, in 1894. Today, Lynbrook is a thriving community that has been featured on major television series like The Sopranos and Everybody Loves Raymond.
Lynbrook, NY is a great place for affordable rent-to-own homes! With a median household income of over $120,377 and a median rent of $1,833, the Lynbrook, 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 Lynbrook, 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 Lynbrook, NY Property Resources
Rent to own Homes in Cities Near Lynbrook, NY
- Atlantic Beach
- Baldwin
- Baldwin Harbor
- Barnum Island
- Bayville
- Bellerose Terrace
- Bellmore
- Bogota
- Cedarhurst
- Eastchester
- East Garden City
- East Meadow
- East Rockaway
- Flower Hill
- Freeport
- Glen Head
- Grand View-on-Hudson
- Great Neck Estates
- Herricks
- Hewlett Harbor
- Highlands
- Lake Success
- Lawrence
- Levittown
- Locust Valley
- Malverne
- Manhasset Hills
- Massapequa Park
- Muttontown
- North Lynbrook
- North Merrick
- North Wantagh
- Orangeburg
- Pearl River
- Pelham
- Piermont
- River Edge
- Rockleigh
- Rock Ridge
- Roslyn Heights
- Salisbury
- Sleepy Hollow
- South Floral Park
- South Hempstead
- South Valley Stream
- Sparkill
- Tappan
- Tarrytown
- Tuckahoe
- Williston Park
Neighborhoods in Lynbrook, NY
No neighborhoods foundPopular Zip Codes in Lynbrook, NY
11563 rent to own homesBuying a Home in Lynbrook, NY
Lynbrook, NY is seeing rapid growth and Lynbrook, NY's' housing market remains not optimal with an average home price that is 121% above the 2024 national average. Lynbrook, NY is part of Nassau 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 Nassau is 1.79% which is above the national average, which is 0.99%.
Median Home Price in Lynbrook, NY
Median Rent in Lynbrook, NY
Top 7 Reasons to Live in Lynbrook, NY
Enjoy the great outdoors! Lynbrook offers plenty of options for outdoor enthusiasts. Hike the trails at Hempstead Lake State Park or enjoy tennis and other outdoor sports at the Recreation Center in Greis Park. Most roads have bike lanes and there are bike trails at the parks, too.
Check out historical houses! There are several houses in Lynbrook that have been named historical landmarks, so if you love local history you'll want to visit them. The house at 251 Rocklyn Avenue is known for its L-shaped architecture, while Luning House is a Civil War era home built in a Greek Revival style that also includes a well house.
Lots of housing options! There are both apartments for rent and houses for sale in Lynbrook. Consider living in the Village Center neighborhood, which is in the center of town and has easy access to all of Lynbrook and surrounding areas. If you'd rather live on the outskirts of town, there are plenty of properties in the Lakeview area.
Take in a movie! Lynbrook offers several movie theaters, including older, local cinemas that give you a taste of life 50 years ago. Check out the Lynbrook Movie Theatre on Merrick Road for a one-of-a-kind experience. If you'd rather watch movies at home, you can buy DVDs at nearby CD Island, where you can even trade in old movies for store credit or cash.
Play some games! Fun Station USA offers rides, arcade games, skee ball, laser tag and even a carousel. If you'd rather go bowling, the Rockville Centre Lanes are five minutes away from Lynbrook's center by car or bike.
Easy access to New York City! You can jump on the Southern State Parkway by Peninsula Boulevard and head west to reach New York City within 45 minutes. If you prefer not to drive, Lynbrook is served by the Babylon line of the Long Island Railroad, with commuter trains coming every 30 to 60 minutes.
Become a homeowner! There are plenty of rent to own homes in Lynbrook. Whether you're looking for a small home or a sprawling estate, you can save money by renting for a few years before you take over ownership of your home. Check out homes for sale in the Scranton Avenue or Whitehall Street areas.