Rent to own Homes in New York

Located on the eastern coast of the U.S., the Empire State is one of the 13 colonies that eventually became the United States. More than 19 million residents live in the state and get to enjoy professional sports teams such as the Knicks, Nets, Yankees, Mets, Rangers, Islanders, and Jets - all of them loaded with history and rivalries. Covering over 47,000 square miles, New York abuts the states of Massachusetts, Connecticut, New Jersey, Vermont, and Pennsylvania in the U.S., the provinces of Ontario and Quebec in Canada, and the Atlantic Ocean to its east.

The state's coastal location has made it a destination for immigrants from the four corners of the Earth for hundreds of years, and it continues to be a melting pot of people from varying races and nationalities. From the urban and suburban neighborhoods of the five boroughs to the mountainous areas upstate, there is a wide variety of options to choose from. So whenever you're ready to move, start building equity with a rent to own home in New York.

New York is a great place for affordable rent-to-own homes! With a median household income of over $71,117 and a median rent of $1,315, the New York 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 New York. 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.

Check out 300 New York rent to own homes for sale, which may include auction properties, for sale by owner, and more.

Showing 1 - 44 of 300
1401 44TH ST
3 Beds, 4 Baths
Rent To Own
 
Single Family Home
North Bergen, NJ 07047
2,012 Sqft | Built in 2006
399 S DIVISION ST
7 Beds, 3 Baths
Rent To Own
 
Townhouse/Condo
Hornell, NY 14843
3,500 Sqft | Built in 1900
3 SECOND ST
1 Bed, 1 Bath
Rent To Own
 
Single Family Home
Godeffroy, NY 12729
608 Sqft | Built in 1937
Hot
1345 WHITNEY AVE
2 Beds, 1 Bath
Rent To Own
Little Italy
Single Family Home
Niagara Falls, NY 14301
1,120 Sqft | Built in 1910
New
24 OAKLAND AVE
4 Beds, 4 Baths
Rent To Own
North Side
Single Family Home
Mount Vernon, NY 10552
2,000 Sqft | Built in 1930
18 DONLEN DR
3 Beds, 1 Bath
Rent To Own
Pine Hill
Single Family Home
Buffalo, NY 14225
896 Sqft | Built in 1946
351 OLD COUNTRY RD
3 Beds, 1 Bath
Rent To Own
 
Single Family Home
Deer Park, NY 11729
Built in 1953
1 of 5 100 Clarewood Drive
1 Bed, 1 Bath
Rent To Own
 
Multifamily (2 - 4 Units)
Hastings-On-Hudson, NY 10706
776 Sqft | Built in 1925
Rent to own homes offer low monthly payments and flexible terms
98 BLACK CREEK RD
4 Beds, 2.5 Baths
Rent To Own
 
Single Family Home
Highland, NY 12528
2,800 Sqft | Built in 2003
138 The Knoll UNIT 138
3 Beds, 3 Baths
Rent To Own
 
Single Family Home
Syosset, NY 11791
2,000 Sqft | Built in 1982
863 HAMLIN PARMA TOWNLINE RD
4 Beds, 2 Baths
Rent To Own
 
Single Family Home
Hilton, NY 14468
1,984 Sqft | Built in 1920
6010 Boulevard E #64
2 Beds, 2 Baths
Rent To Own
 
Single Family Home
West New York, NJ 07093
1,535 Sqft
6928 5th Ave #3
3 Beds, 1 Bath
Rent To Own
Bay Ridge and Fort Hamilton
Single Family Home
Brooklyn, NY 11209
1,100 Sqft
522 THORNELL RD
4 Beds, 2 Baths
Rent To Own
 
Single Family Home
Pittsford, NY 14534
1,464 Sqft | Built in 1965
5900 ARLINGTON AVE #21B
4 Beds, 2 Baths
Rent To Own
North Riverdale
Townhouse/Condo
Bronx, NY 10471
1,580 Sqft | Built in 1962
16 W JEFFERSON RD
5 Beds, 2 Baths
Rent To Own
 
Single Family Home
Pittsford, NY 14534
1,887 Sqft | Built in 1950
13 GRAPE HOLLOW RD
4 Beds, 2 Baths
Rent To Own
 
Single Family Home
Holmes, NY 12531
2,150 Sqft | Built in 1981
Hot
1734 60TH ST
3 Beds, 2 Baths
Rent To Own
Borough Park
Single Family Home
Brooklyn, NY 11204
2,414 Sqft | Built in 1905
9411 Shore Rd APT 5
2 Beds, 1 Bath
Rent To Own
Bay Ridge and Fort Hamilton
Single Family Home
Brooklyn, NY 11209
1,200 Sqft | Built in 1960
2761 BATH AVE #3D
3 Beds, 3 Baths
Rent To Own
Gravesend
Townhouse/Condo
Brooklyn, NY 11214
1,153 Sqft | Built in 1988
2131 Ocean Ave PH 7B
3 Beds, 3 Baths
Rent To Own
Sheepshead Bay
Single Family Home
Brooklyn, NY 11229
1,705 Sqft | Built in 2019
241 W 108TH ST #4C
1 Bed, 1 Bath
Rent To Own
Upper West Side
Townhouse/Condo
New York, NY 10025
750 Sqft | Built in 1911
401 E 60TH ST #4C
5 Beds, 5 Baths
Rent To Own
Upper East Side
Townhouse/Condo
New York, NY 10022
3,500 Sqft | Built in 2000
57 FRONT ST #704
2 Beds, 2 Baths
Rent To Own
DUMBO
Townhouse/Condo
Brooklyn, NY 11201
1,132 Sqft | Built in 1899
Hot
663 LENOX RD
3 Beds, 2 Baths
Rent To Own
East Flatbush
Single Family Home
Brooklyn, NY 11203
1,160 Sqft | Built in 1920
726 E 45TH ST
3 Beds, 2 Baths
Rent To Own
East Flatbush
Single Family Home
Brooklyn, NY 11203
1,600 Sqft | Built in 1920
511 FOSTERTOWN RD
5 Beds, 3 Baths
Rent To Own
 
Single Family Home
Newburgh, NY 12550
3,102 Sqft | Built in 2004
1 of 13 2 Sutton Hollow Road
3 Beds, 1 Bath
Rent To Own
 
Multifamily (2 - 4 Units)
Windham, NY 12496
1,200 Sqft | Built in 1920
1 of 12 1916 Ocean Ave, #10
2 Beds, 2 Baths
Rent To Own
Midwood
Multifamily (2 - 4 Units)
Brooklyn, NY 11230
1,151 Sqft | Built in 2017
1 of 86 2515 New York 28
3 Beds, 2 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
Oneonta, NY 13820
8,944 Sqft | Built in 1972
16 JEFFERSON ST
2 Beds, 1.5 Bath
Rent To Own
 
Single Family Home
Auburn, NY 13021
1,160 Sqft | Built in 1850
518-536 GREGORY AVE #B201
1 Bed, 1 Bath
Rent To Own
 
Townhouse/Condo
Weehawken, NJ 07086
700 Sqft | Built in 1988
5903 STATE ROUTE 64
2 Beds, 1 Bath
Rent To Own
 
Single Family Home
Canandaigua, NY 14424
1,252 Sqft | Built in 1986
4294 Us Route 20
6 Beds, 2 Baths
Rent To Own
 
Single Family Home
Castleton On Hudson, NY 12033
2,856 Sqft
291 TEBOVILLE RD
2 Beds, 1 Bath
Rent To Own
 
Single Family Home
Malone, NY 12953
1,095 Sqft | Built in 1900
467 N MAIN ST
5 Beds, 4 Baths
Rent To Own
 
Single Family Home
Wellsville, NY 14895
4,628 Sqft | Built in 1900
343 E 74th St PENTHOUSE 1D
3 Beds, 4 Baths
Rent To Own
Upper East Side
Single Family Home
New York, NY 10021
1,862 Sqft | Built in 1987
1 of 10 135 Rainbow Way
2 Beds, 1 Bath
Rent To Own
 
Multifamily (2 - 4 Units)
Hampton, NY 12837
600 Sqft | Built in 2014
2047 E 55TH ST
3 Beds, 2 Baths
Rent To Own
Mill Basin
Single Family Home
Brooklyn, NY 11234
1,248 Sqft | Built in 1920
Hot
29 FORD DR S
4 Beds, 1 Bath
Rent To Own
 
Single Family Home
Massapequa, NY 11758
1,584 Sqft | Built in 1956
Hot
355 RIVERSIDE DR
1 Bed, 1 Bath
Rent To Own
Upper West Side
Multifamily (5+ Units)
New York, NY 10025
625 Sqft | Built in 1922
6113 Nys Rte #30
5 Beds, 2 Baths
Rent To Own
 
Single Family Home
Indian Lake, NY 12842
2,187 Sqft | Built in 1950
71 GRAND AVE
7 Beds, 4 Baths
Rent To Own
 
Townhouse/Condo
Staten Island, NY 10301
4,000 Sqft | Built in 1970
28 FAIR ST
7 Beds, 7 Baths
Rent To Own
 
Townhouse/Condo
Norwich, NY 13815
4,250 Sqft | Built in 1950
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More New York Property Resources

Rent to own Homes in Cities Near New York

Median Home Price in New York

Median Rent in New York

Rent to own homes offer low monthly payments and flexible terms

Average Cost of Living in New York

The overall cost of living in New York is 20% higher than the national average, but it could be significantly higher or lower, depending on where you live: In Binghamton, the overall cost of living is 25% less than the rest of the country, and has extremely low housing and transportation costs. Manhattan, on the other hand, is 158% higher than other parts of the country.

Average Home Prices in New York

The average cost of a home in New York is $305,400, which is 32% higher than the U.S. average of $231,200, but there is a wide range of home prices in the state. The median home price in Rochester is $75,200, 67.5% lower than the national average, while in Brooklyn, the average is $765,100, which is 230% higher than the national average, making rent-to-own homes an especially attractive option there.

New York Statistics

If you're interested in New York rent-to-own homes, don't forget to consider important factors in addition to monthly living costs, such as average commute, taxes, crime rates, etc. The following are some common Maryland statistics compared to the U.S. national average.

New York Averages National Averages
One-Way Commute 33.0 minutes 26.4 minutes
Violent Crime 21.1 22.7
Property Crime 24.5 35.4
Unemployment Rate 4.2% 3.9%
Income Tax Rate 6.5% 4.6%
Air Quality 47 58
Water Quality 64 55
Median Household Income $58,687 $53,482
Median Property Taxes $3,755 $2,200
Utilities $145/month $112/month
Monthly Rent $2,000 $1,470
Median Home Cost $305,400 $231,200
Median Home Age 57 years 40 years

Popular Cities in New York

Over 1.6 million people call the island of Manhattan in New York City their home. Whether you're into sports, history, arts, or science, you're sure to find many appealing destinations - regardless of your age. Watch a show on Broadway; go to a Knicks game at Madison Square Garden; check out the observatory on top of the Empire State Building; visit world-class museums, such as the Museum of Natural History, Gulliver's Gate, or Madam Tussauds; take a stroll through Central Park and then visit the zoo; or take a relaxing ferry ride across the Hudson River and back. Manhattan is the home of the United Nations, the NASDAQ, the New York Stock Exchange, and so much more. It's no wonder that more than 65 million people visited the Big Apple in 2018.

People who live in Buffalo get to enjoy a leisurely stroll along the banks of Lake Erie or to visit locations such as the Buffalo Museum of Science, the Buffalo Zoo - the third oldest zoo in the U.S. - and many other popular spots. Located within 20 miles of the U.S. Niagara Falls, the city gets nearly $2 billion in spending and 33,000 jobs out of its tourism industry. Buffalo has more than a quarter of a million residents and covers an area of more than 40 square miles. With an airport to get in and out of the city and a rideshare and bus and rail system to get around town, Buffalo is a convenient place to live in or visit.

Syracuse is a well-rounded city with 142,000 residents. It has several colleges, including Syracuse University and the State University of New York Upstate Medical University, so a lot of its economy revolves around the field of education. It has a mix of housing options, a downtown, and a business district. The New York State Fairgrounds, which hosts almost 200 events every year - from gun shows to pony shows to the Great New York State Fair - is one of the city's popular attractions. Others include the Rosamond Gifford Zoo, outdoor locations such as Thornden Park, and concerts, shows, and exhibitions at its performing art centers.

Popular Attractions in New York

From the nightlife in Manhattan to the summer parties in the Hamptons, the Empire State is always hopping with places to go and people to see.

New York has some amazing scenic spots, such as the breathtaking Adirondack Mountains, the U.S. Niagara Falls, and the Finger Lakes, where you can drive by to view the 11 finger-shaped lakes or stop for boating, fishing, hiking, museums, and a host of exhibitions and activities. Spots like the iconic Statue of Liberty and the Ellis Island National Monument are also great even if you don't have an interest in history.

The New York Aquarium, with its variety of aquatic species, and the 265-acre Bronx Zoo's endless assortment of mammals, amphibians, reptiles, and birds, are family-friendly locations where you can spend an entire day of fun. The state also has several amusement parks, including Adventureland and the world-famous beachfront Luna Park in Coney Island, with its iconic Cyclone ride.

And there are tons more! With so much to do and see in New York, there's a little something for everyone - you'll have absolutely no problem blending in and finding your own unique niche.

New York Frequently Asked Questions

New York has a walk score of

New York has a bike score of

The state tax rate is 4.0 to 10.9% on top of the federal tax rate of 10 to 37%.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Some data might be from tax-rates.org
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