Rent to own Homes in Scarsdale, NY
The Village of Scarsdale, NY could technically be considered a town, but residents chose to go with a village government. This is where the grapefruit-friendly Scarsdale diet rose to fame during the '70s. The village has also been mentioned in movies, TV shows and Broadway musicals, including "Seinfeld," "Guys and Dolls," "Friends" and "Bugsy." Scarsdale has more than 17,000 residents, who enjoy being close enough to the Big Apple without having to deal with the crowds and noise 24/7.
Scarsdale, NY is a great place for affordable rent-to-own homes! With a median household income of over $250,001 and a median rent of $3,501, the Scarsdale, 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 Scarsdale, 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 Scarsdale, NY Property Resources
Rent to own Homes in Cities Near Scarsdale, 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 Scarsdale, NY
Arthur Manor rent to own homes Fox Meadow rent to own homes Berkeley rent to own homes Drake Edgewood rent to own homes Overhill rent to own homes Scarsdale rent to own homes Old Scarsdale rent to own homes Murray Hill Middle Heatcote rent to own homes East Scarsdale rent to own homes East Quaker Ridge rent to own homesPopular Zip Codes in Scarsdale, NY
10583 rent to own homesBuying a Home in Scarsdale, NY
Scarsdale, NY is seeing rapid growth and Scarsdale, NY's' housing market remains not optimal with an average home price that is 577% above the 2024 national average. Scarsdale, 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 Scarsdale, NY
Median Rent in Scarsdale, NY
Top 6 Reasons to Live in Scarsdale, NY
Increasing sales prices! Sales prices in Scarsdale have gone up slightly, which means you shouldn't hesitate to look for great deals before they go up higher. Check out homes for sale in Greenville or the Garth Rd. and Buckingham Pl. area. Remember that rent to own homes are available, too, if you don't want to buy right away.
Great appreciation rates! The appreciation rates on Scarsdale homes are right on par with the national average. That means you're investing in a home with rising value when you purchase a home in Scarsdale. Focus your search on the Murray Hill neighborhood or the Heathcote and Colonial Acres neighborhood, since these both have higher appreciation rates than the rest of Scarsdale.
Local parks! Scarsdale has several local parks to head to for fun and relaxation. At Brite Avenue Park, you can work on your tennis skills. The park features seven tennis courts, a practice wall and a warming hut. Crossway Park features baseball diamonds, a covered picnic area and tennis courts.
Wonderful dining options! Stop by local favorite Candlelight Inn for chicken wings, burgers and waffle-cut fries, served in a cozy setting. Keep in mind, though, that it's a cash-only place. At The 808 Bistro, you can order some grilled salmon or oven-roasted chicken done in an Italian-fusion style. The restaurant also has an impressive brunch menu.
Fun community events! Scarsdale provides many opportunities to hang out with other residents and have fun. The summer Parties in the Park event takes place at Chase Park and features live music, face painting and more. At the Scarsdale Public Library, you can join book groups, attend special movie events or take classes.
Outdoor recreation! The Scarsdale Municipal Pool on Mamaroneck Rd. features four pools, including a diving pool and lap lanes, along with a sand volleyball court and tether ball court. At Weinberg Nature Center, you can explore a 10-acre wildlife sanctuary and a Lenape Indian Village.