Rent to own Homes in Rotterdam, NY
Taking its name from the Netherlands' port of Rotterdam, the town of Rotterdam lies within New York's Schenectady County. Rotterdam covers a total area of 36.4 square miles and is home to a residential community of a little under 30,000 people. The town is located near the eastern reaches of the state's Heritage Corridor and the Mohawk River. Residents enjoy a low cost of living, a low crime rate, plenty of sunny days and ample local amenities.
Rotterdam, NY is a great place for affordable rent-to-own homes! With a median household income of over $69,276 and a median rent of $944, the Rotterdam, 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 Rotterdam, 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 Rotterdam, NY Property Resources
Rent to own Homes in Cities Near Rotterdam, NY
- Albany
- Alcove
- Athens
- Austerlitz
- Averill Park
- Berlin
- Castleton-on-Hudson
- Chatham
- Clarksville
- Claverack
- Claverack-Red Mills
- Clifton Knolls Mill Creek
- Coeymans Hollow
- Colonie
- Coxsackie
- Craryville
- Cropseyville
- Earlton
- East Chatham
- East Greenbush
- East Nassau
- Feura Bush
- Glenmont
- Guilderland
- Hampton Manor
- Johnsonville
- Lanesborough
- Latham
- Lorenz Park
- Malden Bridge
- Melrose
- Menands
- Nassau
- New Baltimore
- Niverville
- Philmont
- Pittsfield
- Richmond
- Rotterdam
- Schenectady
- Stephentown
- Troy
- Valley Falls
- Waterford
- Watervliet
- Westerlo
- Westmere
- West Sand Lake
- West Stockbridge
- Wynantskill
Neighborhoods in Rotterdam, NY
Rotterdam rent to own homesPopular Zip Codes in Rotterdam, NY
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Rotterdam, NY is seeing rapid growth and Rotterdam, NY's' housing market remains optimal with an average home price that is -24% below the 2024 national average. Rotterdam, NY is part of Schenectady 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 Schenectady is 2.41% which is above the national average, which is 0.99%.
Median Home Price in Rotterdam, NY
Median Rent in Rotterdam, NY
Top 7 Reasons to Live in Rotterdam, NY
Green spaces! Poutre and Hillhurst Parks offer a welcome respite from the activities of daily life. Head a little further afield to take a stroll along the banks of the Mohawk River or enjoy a picnic in the Amy Lemaire Woods City Preserve.
Delicious dining! Rotterdam boasts plenty of local eateries. Grab lunch with friends at the family-owned Canali's or tuck into Tex Mex at Casa Real. The nearby State Street boasts restaurants such as Blue Ribbon, Ruby Tuesday and the Mizu Sushi Japanese Restaurant.
Recreation! Learn to ski and snowboard at Maple Ski Ridge on Mariaville Road or practice your swing at the Whispering Pines Golf Club on Helderberg Avenue. If that sounds like too much effort, settle into a comfy seat at the Rotterdam Square Cinema to watch the latest blockbuster.
Job prospects! Top rated employers in Schenectady County include Quirky, Union College and the Golub Corporation. The income per head for Rotterdam residents is on a par with the national average, but poverty levels are more than 60 percent less.
Low cost lifestyle! The cost of living in Rotterdam is 0.3 percent less than the national average, but more than 18 percent less than in the rest of New York, which means you'll spend less on a slice of pizza from Broadway Joe's Pizzeria and be able to grab a bargain coffee from the Happy Cappuccino.
Home ownership! More than 80 percent of properties in Rotterdam are owner-occupied. With an average house price of $158,000, 12.9 percent less than the national average and 46.5 percent less than the New York average, there's a good chance you can be part of the trend. Start your search for properties or rent to own homes on Dahlia Street or Caroline Avenue.
Renting! Although less than 20 percent of Rotterdam homes are rented, a welcoming 10 percent vacancy rate ensures you'll have your pick of the crop. Expect a monthly rental charge of approximately $841, especially in complexes like Sheridan Village and Hillcrest Village Apartments.