Rent to own Homes in Pearl River, NY
Pearl River has its own special charm, featuring quaint shops, close proximity to loads of scenic nature, and a large variety of uniquely beautiful homes. Many residents love that they're able to enjoy a small town life in a town of approximately 16,000 with New York City only a short trip away. These and other reasons are why Pearl River is one of the best kept real estate secrets in New York.
Pearl River, NY is a great place for affordable rent-to-own homes! With a median household income of over $124,074 and a median rent of $1,601, the Pearl River, 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 Pearl River, 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 Pearl River, NY Property Resources
Rent to own Homes in Cities Near Pearl River, NY
- Airmont
- Astoria
- Bardonia
- Bayville
- Bedford
- Bellerose Terrace
- Bogota
- Chestnut Ridge
- Congers
- Cos Cob
- East Garden City
- East Meadow
- Flower Hill
- Glen Head
- Grand View-on-Hudson
- Great Neck Estates
- Herricks
- Hillburn
- Hillcrest
- Hollis
- Jackson Heights
- Kearny
- Lake Success
- Locust Valley
- Malverne
- Manhasset Hills
- Middle Village
- Mount Ivy
- Muttontown
- Nanuet
- New Square
- Orangeburg
- Pearl River
- Piermont
- Rock Ridge
- Roslyn Heights
- Saint Albans
- Secaucus
- South Floral Park
- South Valley Stream
- Sparkill
- Spring Valley
- Stony Point
- Tappan
- Thomaston
- Tomkins Cove
- Wesley Hills
- West Haverstraw
- William Paterson University Of New Jersey
- Williston Park
Popular Zip Codes in Pearl River, NY
10965 rent to own homesBuying a Home in Pearl River, NY
Pearl River, NY is seeing rapid growth and Pearl River, NY's' housing market remains not optimal with an average home price that is 114% above the 2024 national average. Pearl River, NY is part of Rockland 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 Rockland is 1.73% which is above the national average, which is 0.99%.
Median Home Price in Pearl River, NY
Median Rent in Pearl River, NY
Top 4 Reasons to Live in Pearl River, NY
Consistent and growing real estate value! Pearl River is a neighborhood where real estate has historically represented a sound store of value. While the population of Pearl River hasn't grown much, only going up 2.1 percent between 2000 and 2010, the real estate value of homes has risen significantly. In 2000, the median house or condo was estimated to value $248,000, but has since risen to $430,000 in 2012, representing a significant increase in little over ten years. That means quality homes are on offer, many of them next to popular attractions like the Manhattan Woods Golf Club or the Blue Hill Golf Course.
Lots of local restaurants! Pearl River residents are delighted with the amount of restaurants, bars and cafes that are available to them, ensuring there's always a place to meet up and enjoy a meal with neighbors. There is Louie's on the Avenue, which serves up gourmet food like filet mignon and seafood bianco in a charming Victorian-style home. For sushi lovers, the Kumo Japanese Bistro is a popular spot to meet friends, order some sushi rolls, and down a few glasses of sake in a cozy atmosphere.
Plenty of nature to explore! Pearl River features plenty of activities for outdoor lovers and is conveniently located close to the beautiful Hudson River. Residents enjoy going to the nearby outdoor ice skating rink at Bear Mountain or skiing or snowboarding at Mount Peter. Locals love that they're only 20 miles from New York City but have plenty of scenic nature where they can enjoy hiking, boating and biking. Of course, Lake Tappen is right next to Pearl River, too.
A wide variety of housing! There are many different types of homes in Pearl River, including colonials, bungalows, Capes, Victorian, and ranch-style homes. Pearl River is known for its tree-lined streets and well-kept homes, making it a quiet place that residents enjoy. Many people choose a rent to own option when they move to Pearl River, which allows them to stay in their home and pay it off at the same time. There are plenty of well preserved older homes that date farther back than 1969; these homes represent over 75 percent of the housing market. Less than 5 percent of the homes in Pearl River were built after 2000. For those who like a town with roots, that is a big plus. Look for great deals on rent to own houses on South Main Street, near the Pearl River metro station and Muddy Brook.