Rent to own Homes in Garden City, NY
The village of Garden City is located smack dab in the middle of Nassau County on 5.3 square miles in the spacious Long Island. This close-knit community made up of 21,811 residents is known for its historical significance, abundance of shopping and proximity to New York City. Founded by multimillionaire Alexander Turney Stewart in 1869, even his wife had much to do with getting the city started. However, it's the residents afterwards that made it soar.
Garden City, NY is a great place for affordable rent-to-own homes! With a median household income of over $186,607 and a median rent of $3,272, the Garden City, 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 Garden City, 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 Garden City, NY Property Resources
Rent to own Homes in Cities Near Garden City, NY
- Atlantic Beach
- Baldwin
- Baldwin Harbor
- Barnum Island
- Bayville
- Bellerose Terrace
- Bellmore
- Bogota
- Cedarhurst
- Eastchester
- East Garden City
- East Meadow
- East Rockaway
- Flower Hill
- Freeport
- Glen Head
- Grand View-on-Hudson
- Great Neck Estates
- Herricks
- Hewlett Harbor
- Highlands
- Lake Success
- Lawrence
- Levittown
- Locust Valley
- Malverne
- Manhasset Hills
- Massapequa Park
- Muttontown
- North Lynbrook
- North Merrick
- North Wantagh
- Orangeburg
- Pearl River
- Pelham
- Piermont
- River Edge
- Rockleigh
- Rock Ridge
- Roslyn Heights
- Salisbury
- Sleepy Hollow
- South Floral Park
- South Hempstead
- South Valley Stream
- Sparkill
- Tappan
- Tarrytown
- Tuckahoe
- Williston Park
Neighborhoods in Garden City, NY
No neighborhoods foundPopular Zip Codes in Garden City, NY
11530 rent to own homesBuying a Home in Garden City, NY
Garden City, NY is seeing rapid growth and Garden City, NY's' housing market remains not optimal with an average home price that is 303% above the 2024 national average. Garden City, 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 Garden City, NY
Median Rent in Garden City, NY
Top 5 Reasons to Live in Garden City, NY
Home to history! In 1927, American aviator Charles Lindbergh was the first man to successfully attempt a transatlantic flight between America and Europe, flying from East Garden City to Paris in a little over 33 hours. His historic journey is chronicled in depth in the town's Cradle of Aviation Museum and the airfield site is now the location of one of the biggest shopping malls in America, Roosevelt Field.
Now is the time to buy! With the number of homes and apartments sitting at roughly 7,366 and the vacancy rate about 8.11 percent, now is the time to buy. The vacancy rate is about average so swoop up your dream home before it goes up! If you're in the market to buy a house, check out the neighborhood around Linden Street. If you're looking to rent an apartment, check out the units available on Stewart Avenue.
Perfect for shopaholics! Some of the best shopping on Long Island is located in Garden City. Aside from the Roosevelt Field Mall, the downtown area has a variety of stores on New Hyde Park Road, Seventh Street and Franklin Avenue. For those tired of carrying bags of clothes and accessories around, restaurants like Waterzooi Belgian Bistro and Spuntino Wine Bar are close by to recharge and refuel.
Notable landmarks! In 1978, a cluster of 50 buildings and structures built during Garden City's early days were listed on the National Register of Historic Places. Some of the notable buildings include the elegant Apostle Houses, Garden City Water Works, and the Cathedral of the Incarnation Complex.
Opportunities to rent or own! There are many options of rent to own houses and homes for sale. With a median sale price of $705,000, living the suburban dream close to an urban mecca is within reach. If you're looking for a house to buy, check out the neighborhood around Mulberry Avenue. If a condo is more your speed, check out the community around Cherry Valley Avenue.