Rent to own Homes in Spring Valley, NY
Located just 22 miles north of Manhattan and only 5 miles from the New Jersey border, Spring Valley, NY is centrally located for commuters. It has all the amenities of the big city along with access to the peace and quiet of the forested state parks. High Tor, Rockland Lake, and Blauvelt State Parks are all within easy commuting distance, offering miles of hiking trails, picnic areas and plenty of outdoor fun.
Spring Valley, NY is a great place for affordable rent-to-own homes! With a median household income of over $45,646 and a median rent of $1,377, the Spring Valley, 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 Spring Valley, 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 Spring Valley, NY Property Resources
Rent to own Homes in Cities Near Spring Valley, NY
- Bergenfield
- Butler
- Fairfield
- Fair Lawn
- Haledon
- Hamburg
- Harrington Park
- Haverstraw
- Hibernia
- Highland Falls
- Highland Lake
- Hillsdale
- Ho-Ho-Kus
- Lake Telemark
- Lincoln Park
- Llewellyn Park
- Macopin
- Maywood
- Monroe
- Monsey
- Montebello
- Montrose
- Mountain Lakes
- New Hampton
- New Milford
- North Haledon
- Northvale
- Norwood
- Nyack
- Oakland
- Packanack Lake
- Paterson
- Pompton Lakes
- Preakness
- Ringwood
- Riverdale
- Singac
- Sleepy Hollow
- South Nyack
- Suffern
- Tarrytown
- Thiells
- Totowa
- Upper Greenwood Lake
- Vernon Valley
- Wanaque
- Westwood
- Woodbury
- Woodland Park
- Wyckoff
Neighborhoods in Spring Valley, NY
Spring Valley rent to own homesPopular Zip Codes in Spring Valley, NY
10977 rent to own homesBuying a Home in Spring Valley, NY
Spring Valley, NY is seeing rapid growth and Spring Valley, NY's' housing market remains not optimal with an average home price that is 43% above the 2024 national average. Spring Valley, 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 Spring Valley, NY
Median Rent in Spring Valley, NY
Top 4 Reasons to Move to Spring Valley, NY
Find housing for rent! New York is a city of renters, and so is Spring Valley, with more than 70 percent of homes occupied by renters. Of course, that opens up an opportunity for rent to own options and buyers. Property values are lower than in the city and offer substantially more square footage. In fact, the median rental price is only $1,003, while most homes are priced at less than $300,000. Look along Kennedy Drive or Union Road to find some affordable options to rent or buy.
Wander through a haunted wonderland! Spring Valley sits in the middle of many houses and other reportedly haunted spots. Visit Spook Rock Road to see a rock formation that legend refers to as a sacrificial rock. Head over to Letchworth Village to explore an old asylum. Blauvelt Cemetery, also known as the Old Burying Ground, has been the site of reported orbs or mists in photos, strange shadows and unexplained sounds.
Buy a reasonably priced condo! While other neighborhoods are filled with homes for sale, Spring Valley has a surprising number of condominiums available. Many of them are only one bedroom units, but the price points are relatively low, with many priced at less than $100,000. Check listings on Anthony Drive or in Sneden Place to find low cost rentals or condos to buy.
Eat up at local hot spots! Spring Valley is home to a variety of excellent eateries including El Bandido, Vietnam Restaurant, Portuguese Churrasquiera BBQ Restaurant and Handi Roti Restaurant. These locations provide a variety of different ethnic cuisine options from all over the globe. Handi Roti, for example, serves middle eastern food that has a variety of vegetarian options on the menu. For barbecue, the Portuguese style bears little resemblance to traditional American flavors, but its sweet and spicy blend has all the flavor any foodie could want.