Rent to own Homes in Peekskill, NY
Peekskill, New York is situated among the Bear mountain range in the northwest corner of Westchester County. This land holds an almost primitive feel with towering mountains, babbling brooks, numerous creeks and large swaths of undisturbed natural land. The homes are large, the food is fresh and the wildlife is plentiful.
Peekskill, NY is a great place for affordable rent-to-own homes! With a median household income of over $66,067 and a median rent of $1,524, the Peekskill, 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 Peekskill, 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 Peekskill, NY Property Resources
Rent to own Homes in Cities Near Peekskill, NY
- Arlington
- Balmville
- Beaver Dam Lake
- Bedford Hills
- Brewster Hill
- Brinckerhoff
- Buchanan
- Cold Spring
- Congers
- Cornwall-on-Hudson
- Croton-on-Hudson
- Crown Heights
- Crugers
- Fairview
- Firthcliffe
- Fishkill
- Freedom Plains
- Gardiner
- Gardnertown
- Heritage Hills
- High Falls
- Highland
- Highland Mills
- Hyde Park
- Jefferson Valley-Yorktown
- Katonah
- Kiryas Joel
- Lake Carmel
- Lincolndale
- Mac Donnell Heights
- Marlboro
- Maybrook
- Merritt Park
- Millbrook
- Milton
- Montgomery
- Mount Ivy
- Myers Corner
- Nelsonville
- Newburgh
- New Hamburg
- Rosendale Hamlet
- Shorehaven
- Stony Point
- Thiells
- Tomkins Cove
- Vassar College
- Verplanck
- Walton Park
- West Haverstraw
Neighborhoods in Peekskill, NY
Peekskill rent to own homesPopular Zip Codes in Peekskill, NY
10566 rent to own homesBuying a Home in Peekskill, NY
Peekskill, NY is seeing rapid growth and Peekskill, NY's' housing market remains not optimal with an average home price that is 33% above the 2024 national average. Peekskill, NY is part of Westchester 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 Westchester is 1.62% which is above the national average, which is 0.99%.
Median Home Price in Peekskill, NY
Median Rent in Peekskill, NY
Top 4 Reasons to Live in Peekskill, New York
The best of New York's mountainous region! New York City attracts visitors from all around the world to marvel at the towering buildings and flashing lights, but Peekskill attracts them to a little piece of American history. Bear Mountain draws tens of thousands of visitors each month for multiple recreational activities. Nearby Blue Mountain Reservation offers fishing ponds, camping grounds and vacation nooks as well.
Reconnect with nature indoors! Rent to own homes in Peekskill have a lot of unique qualities. Many of these homes have a country feel, with hardwood flooring, gas fireplaces and wide living quarters. As depicted on Housinglist, some of these homes also showcase wooden walls and open wood beam ceilings. Renting a home in Peekskill costs about $1,400 per month. A concentration of rental properties can be found near the Beach Shopping Center. However, homes with the most sought after features are found nearest to Lake Mitchell and Depew Park.
A resort town! Peekskill is a getaway for many who move here and visit here. Those who live here often invite family and friends to enjoy the vast nature that Peekskill has to offer. For this reason, there are many hotels in the area. Holiday Inn Express and Suites and Inn on the Hudson offer the best views of the river, Blue Mountain range, and surrounding neighborhoods. For a peak at Peekskill from across the Hudson River, book a resort-style room at the Stone Cottages at Bear Mountain Inn.
Affordable rent to own properties! For sale by owner homes are the most sought after properties in Peekskill for more than one reason. A property sold directly by the owner is often lower (and can be bartered) more than a property sold by a real estate agency. Also, these homes are affordable, as you can rent many of them with the option of purchasing once the asking price has been met. Homes here range from two-bedroom condominiums to four-bedroom detached homes with an average asking price of $159,000. To get the most features for your money try looking for homes near Fort Hill Park or Penelope Pond.