Rent to own Homes in Farmingville, NY
Located on New York's Long Island, Farmingville has a population of just under 16,000, with a total land area of 4.1 square miles. Nearby Bald Hill has the highest elevation on Long Island and includes Vietnam Memorial Park. With its proximity to New York City, Farmingville offers many public transportation options, including the Long Island Rail Road and the Long Island Expressway. Farmingville was originally settled in the late 18th century as Bald Hills, but has since expanded to a bustling suburban town.
Farmingville, NY is a great place for affordable rent-to-own homes! With a median household income of over $113,646 and a median rent of $2,068, the Farmingville, 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 Farmingville, 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 Farmingville, NY Property Resources
Rent to own Homes in Cities Near Farmingville, NY
- Aquebogue
- Baiting Hollow
- Bayport
- Belle Terre
- Bellport
- Brookhaven
- Calverton
- Center Moriches
- East Moriches
- East Patchogue
- Eastport
- East Quogue
- East Shoreham
- Farmingville
- Fire Island
- Flanders
- Gordon Heights
- Hampton Bays
- Hauppauge
- Holbrook
- Islandia
- Islip
- Jamesport
- Lake Ronkonkoma
- Laurel
- Manorville
- Mastic
- Mastic Beach
- Mattituck
- Medford
- Middle Island
- Miller Place
- Moriches
- Mount Sinai
- Northampton
- North Bellport
- Patchogue
- Port Jefferson Station
- Ridge
- Shirley
- Shoreham
- Smithtown
- Sound Beach
- Stony Brook
- Stony Brook University
- Terryville
- Village of the Branch
- Wading River
- Westhampton
- Westhampton Beach
Neighborhoods in Farmingville, NY
No neighborhoods foundPopular Zip Codes in Farmingville, NY
11738 rent to own homesBuying a Home in Farmingville, NY
Farmingville, NY is seeing rapid growth and Farmingville, NY's' housing market remains not optimal with an average home price that is 68% above the 2024 national average. Farmingville, NY is part of Suffolk 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 Suffolk is 1.7% which is above the national average, which is 0.99%.
Median Home Price in Farmingville, NY
Median Rent in Farmingville, NY
Top 6 Reasons to Live in Farmingville, NY
Access to great restaurants! Farmingville has many restaurants to choose from. La Roma Pizza serves classic Italian dishes as well as a selection of pizzas. Ole Restaurant features Portuguese cuisines in a casual dining atmosphere. Some of the most popular options at Ole Restaurant include lobster, scallop and clam dishes.
Many opportunities for exploring the outdoors! For those who enjoy spending weekends outdoors, Farmingville has many options. Glacial Ridge Preserve features 11 miles of trails for hiking, walking and cycling. Bald Hill Cultural Park includes open spaces for relaxing, along with nearly five miles of trails for hiking and mountain biking. The nearby Holbrook Country Club offers great golf opportunities. With a lush green course, private lessons and pro shop, Holbrook Country Club is a great place to improve your golf game.
Rising real estate values! With property values on the rise, buying a home in Farmingville is a great investment. The median home value is $321,278, which is on the higher end of home values. There are also many great neighborhoods options including Town Center and the Horseblock Road area.
Great shopping destinations! There are many great places to shop in Farmingville. Just For You Boutique features the latest fashion accessories from well known brands including Pandora and Vera Bradley. All Occasions Awards and Trophies includes many great gift options.
Many great home options! In Farmingville, there are many charming older houses as well as new modern properties. For those interested in learning more, listings can be found through local real estate agents. Zip Realty and Weichert Realtors both offer many options for those looking to make a good investment. There are also many purchasing options including rent to own opportunities.
Access to entertainment! With many great entertainment options, Farmingville is a great destination for watching the latest Hollywood blockbusters. The nearby Holtsville Movie Theater features many of the latest movies. Island 16 theater features 16 screens offering many choices. For those looking for outdoor events, the annual Brookhaven Fair offers live performances, fireworks, rides and wild animals.