Rent to own Homes in East Haven, CT
East Haven sits on the southern side of Connecticut right on the Atlantic Ocean. Established in 1785, the city is rich in history. In 1638 the area was purchased by the Puritans from the local Quinnipiack Tribe. Made up of salt marshes, forests, lakes and ocean, East Haven is a beautiful city full of fauna, flora and scenic views.
East Haven, CT is a great place for affordable rent-to-own homes! With a median household income of over $67,773 and a median rent of $1,178, the East Haven, CT 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 East Haven, CT. 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 East Haven, CT Property Resources
Rent to own Homes in Cities Near East Haven, CT
- Beacon Falls
- Botsford
- Branford Center
- Bridgeport
- Cheshire Village
- Cromwell
- Daniels Farm
- Durham
- Easton
- Fairfield
- Guilford Center
- Hamden
- Heritage Village
- Lordship
- Madison
- Madison Center
- Middlebury
- Middletown
- Milford city
- Monroe
- Murray
- Naugatuck
- New Britain
- New Haven
- Newington
- Newtown
- North Haven
- Orange
- Oronoque
- Oxford
- Plainville
- Plantsville
- Plattsville
- Sacred Heart University
- Sandy Hook
- Southington
- Stepney
- Stratford
- Stratford Downtown
- Terryville
- Thomaston
- Trumbull
- Wallingford Center
- Waterbury
- Watertown
- West Haven
- Woodbridge
- Woodbury
- Woodbury Center
- Woodmont
Buying a Home in East Haven, CT
East Haven, CT is seeing rapid growth and East Haven, CT's' housing market remains not optimal with an average home price that is 1% above the 2024 national average. East Haven, CT is part of New Haven 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 New Haven is 1.69% which is above the national average, which is 0.99%.
Median Home Price in East Haven, CT
Median Rent in East Haven, CT
Top 4 Reasons to Live in East Haven, CT
Great rental possibilities! Affording a rental space is easy in this historical town on the Atlantic Ocean, with rental prices averaging at $1,125. There are many houses for rent in this area -- 27 percent of the town's population rents property. Shell Beach has beautiful condominiums which overlook the ocean and Long Island Sound.
Visit East Haven Green! The Green is part of the city's commercial district. Filled with rich history dating back over 200 years, the Green was once the civic and institutional focus of the parish. Stroll under 100-year-old maple, oak, and elm trees; visit the Gideon Potter house to find Colonial style architecture; and enjoy some modern flair mixed in with the old. Throughout the Green, you can find objects and structures with historical significance, such as the large cast-iron cannon from 1911. Walking through the Green, you'll feel a connection with history in this small Connecticut town.
High ownership rates! With over 90 percent of East Haven residents living in the same households for over a year, people are coming to stay. Since rental properties are available, rent to own opportunities abound in the city. Ownership rates are over 73 percent, and the average property value is about $170,000. With many neighborhoods to choose from, you can either live by the ocean in Momauguin, in the center of town, or to the east in Foxon. Each area is unique, but all have that same East Haven feel.
Go to the Beach! East Haven's sandy beaches offer an escape for those of all ages. There are five main beaches within the community: Shell Beach, Silver Sands Beach, Cosey Beach, East Haven Town Beach, and Four Beaches. East Haven Town beach has volleyball courts and a bocce ball court for visitors; showers and pavilions are available if you need to rinse off at the end of a long day. Shell Beach boasts beautiful condominiums that overlook the sound and New Haven Harbor. Each location offers different experiences, but all have great food and excellent sandy beaches for spending a day in the sun.