Rent to own Homes in Uniondale, NY
The attractive hamlet of Uniondale is located in Nassau County on Long Island within the town of Hempstead. This village covers 2.7 square miles of land near the neighboring towns of Roosevelt, Freeport and East Meadow. With a current population of approximately 24,759 residents, this community is within convenient commuting distance to New York City, great shopping venues and exciting entertainment. It offers a highly desirable, healthy living environment for suburbanites from many walks of life.
Uniondale, NY is a great place for affordable rent-to-own homes! With a median household income of over $89,192 and a median rent of $2,124, the Uniondale, 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 Uniondale, 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 Uniondale, NY Property Resources
Rent to own Homes in Cities Near Uniondale, NY
- Amityville
- Asharoken
- Babylon
- Baldwin
- Baldwin Harbor
- Barnum Island
- Bayville
- Bellmore
- Compo
- Cos Cob
- Darien Downtown
- East Garden City
- East Meadow
- East Northport
- East Rockaway
- Elwood
- Flower Hill
- Freeport
- Glen Head
- Greenlawn
- Greens Farms
- Halesite
- Hauppauge
- Herricks
- Hewlett Harbor
- Huntington Bay
- Lake Ronkonkoma
- Levittown
- Lindenhurst
- Lloyd Harbor
- Locust Valley
- Malverne
- Manhasset Hills
- Massapequa Park
- Muttontown
- North Amityville
- North Merrick
- Northport
- North Wantagh
- Norwalk
- Roslyn Heights
- Salisbury
- South Hempstead
- Stony Brook
- West Hills
- West Islip
- Westport Village
- Wheatley Heights
- Williston Park
- Wyandanch
Neighborhoods in Uniondale, NY
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Uniondale, NY is seeing rapid growth and Uniondale, NY's' housing market remains not optimal with an average home price that is 78% above the 2024 national average. Uniondale, 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 Uniondale, NY
Median Rent in Uniondale, NY
Top Reasons to Live In Uniondale, NY
Rental homes galore! Rental homes and rent to own homes currently available in Uniondale include houses of varied styles, ages and sizes as well as numerous condos near such employers as Healthplex and Walgreens. Today, 21 percent of the Uniondale's population rent compared with a statewide statistic of 18 percent. Median monthly rent fees for houses is $1,037 while average rental rates per month for apartment units is about $700. An average resident of Uniondale has a commute of about 30 minutes to and from work each day, which is attractive to many renters--both short and long-term.
Rising real estate value! The average price for all types of housing currently for sale in Uniondale is $411,817. Detached houses are selling at a median price of $406,149, and townhouses now average $499,007 in price. Houses with more than two living units sell on average at $436,769. The residential real estate value increase rate is higher than New York's state average of 98.59 percent, aided by the presence of local offices of such large corporations as Citibank and Chipotle. It is also considerably higher than the nationwide median rate of 51.67 percent.
From community to corporations! Although Uniondale is a small, intimate community, its appealing location near the New York metropolitan area attracts different types of businesses, including branch offices and facilities of some major corporations. Today, this hamlet is home to regional offices of Prudential Insurance Company of America, the aerospace experts of Lockheed Martin, United Parcel Service and Starbucks.
Leisurely life! Popular sports activities and leisure events bring many new households into the Uniondale community. Uniondale is home-base, through the current season, for the NHL's New York Islanders at the Nassau Veterans Memorial Coliseum. Another local attraction is the Mitchel Athletic Complex, home of the Long Island Rough Riders, a popular amateur soccer team. JDC Films, a documentary film-making group, is located in this neighborhood, and scenes from various movies such as The Godfather were shot in this locale.