Rent to own Homes in Port Washington, NY
Port Washington is a hamlet with deep historical roots and homes known for their beauty. It has a vibrant community spirit, making it one of the most sought-after real estate destinations in America. With a population of 15,846, the town enjoys a close connection to New York City, but offers all the charm of small town living. Several major roads and public transportation options offer easy access to the city for commuters.
Port Washington, NY is a great place for affordable rent-to-own homes! With a median household income of over $149,650 and a median rent of $1,858, the Port Washington, 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 Port Washington, 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.
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Rent to own Homes in Cities Near Port Washington, NY
- Baldwin
- Baldwin Harbor
- Barnum Island
- Bayonne
- Bayville
- Bedford
- Chappaqua
- Cos Cob
- Eastchester
- East Garden City
- East Meadow
- East Rockaway
- Flower Hill
- Freeport
- Glen Head
- Herricks
- Hewlett Harbor
- Levittown
- Lloyd Harbor
- Locust Valley
- Malverne
- Manhasset Hills
- Montebello
- Muttontown
- Noroton Heights
- North Haledon
- North Merrick
- North Wantagh
- Paterson
- Pelham
- River Edge
- Rockleigh
- Rock Ridge
- Roslyn Heights
- Salisbury
- Sleepy Hollow
- South Hempstead
- South Richmond Hill
- Springfield Gardens
- Tarrytown
- Thiells
- Tuckahoe
- Upper Nyack
- Valley Cottage
- Verplanck
- Viola
- Westwood
- Williston Park
- Woodmere
- Wyckoff
Neighborhoods in Port Washington, NY
Port Washington rent to own homesPopular Zip Codes in Port Washington, NY
11050 rent to own homesBuying a Home in Port Washington, NY
Port Washington, NY is seeing rapid growth and Port Washington, NY's' housing market remains not optimal with an average home price that is 289% above the 2024 national average. Port Washington, 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 Port Washington, NY
Median Rent in Port Washington, NY
Top 7 Reasons to Live in Port Washington, NY
History runs deep here! Port Washington is known for its deep ties with America's past and future, with many important events and references making this hamlet an essential part of America. In fact, Sinclair Lewis wrote his first novel under his own name in the town. It also happens to be the much analyzed sight of the "fashionable East Egg" that "glittered along the water" in F. Scott Fitzgerald's novel "The Great Gatsby." That's a lot of history for a small hamlet.
Real estate with historical value! Port Washington has been a prime real estate destination for at least a century, and shows no signs of changing anytime soon. In fact, the median estimated cost of a condo or home in Port Washington went from $408,400 in 2000 to $676,765 in 2012. That rise in value came despite only slow population growth, with the population only rising 4 percent between 2000 and 2010. At Tom's Point, located in Port Washington, one can find a selection of co-ops while at the Beacon Hill Colony, one can find a wide selection of bungalows right on the waterfront.
Landmarks everywhere you look! Port Washington may be small, but it has more than its fair share of registered historical landmarks. In this hamlet, you can see the Gould-Guggenheim Estate, which comes across more as a castle than anything else. For something a bit quainter, pay a visit to the Thomas Dodge Homestead, an example of an early American farmhouse.
Lovely homes to choose from! Port Washington doesn't only have marvelous landmarks, but also plenty of stately homes and apartments. You can choose from Victorians, colonials, capes, and other unique architectural masterpieces in this neighborhood. Many of these homes are old but in excellent condition, with approximately 40 percent of the housing stock built before 1939. People especially love the houses lining Mill Pond and Beacon Hill Road. Many people choose to rent to own their homes.
Delicious eating! If you want to enjoy a delicious meal, Port Washington has you covered. If you're in the mood to sample fresh locally caught mussels and oysters, you'll love Louie's Oyster Bar and Grill. Locals also flock to the unbelievably good pizza at Salvatore's Coal-Fired Brick Oven Pizza.
Beautiful nature! Those who love sailing, fishing or yachting appreciate that this hamlet is nearly surrounded by water, with the majestic Long Island Sound stretching to the north, Hempstead Harbor situated east and Manhasset Bay to the West.
Great connections! The Long Island Rail Road has a much quicker connection to this town that many other places across New York, with the rail line bypassing many other stations to give residents an express trip to the city. If you're more interested in the slow route, try the Long Island Gold Coast Bike Route, which runs along the area's iconic coastline.