Rent to own Homes in Islip, NY
Historically the home of the Secatogue Algonquin tribe, Islip, New York presents breathtaking vistas of lakes, forests, bays and beaches that contribute to the unique landscape. The area was purchased from the Algonquin tribe in 1683 by William Nicoll, who named it Islip Grange in honor of his hometown of Islip, England. Today, Islip is home to over 18,000 residents and ranks as the 99th largest community in New York, representing the very best in coastal living.
Islip, NY is a great place for affordable rent-to-own homes! With a median household income of over $109,857 and a median rent of $1,785, the Islip, 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 Islip, 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 Islip, NY Property Resources
Rent to own Homes in Cities Near Islip, NY
- Amityville
- Asharoken
- Babylon
- Baldwin
- Baldwin Harbor
- Barnum Island
- Bayville
- Bellmore
- Compo
- East Garden City
- East Meadow
- East Northport
- East Rockaway
- Elwood
- Flower Hill
- Freeport
- Glen Head
- Greenlawn
- Greens Farms
- Halesite
- Hauppauge
- Herricks
- Holbrook
- Huntington Bay
- Lake Ronkonkoma
- Levittown
- Lindenhurst
- Lloyd Harbor
- Locust Valley
- Malverne
- Manhasset Hills
- Massapequa Park
- Medford
- Mount Sinai
- Muttontown
- North Amityville
- North Merrick
- Northport
- North Wantagh
- Norwalk
- Port Jefferson Station
- Roslyn Heights
- Salisbury
- South Hempstead
- Stony Brook
- West Hills
- West Islip
- Wheatley Heights
- Williston Park
- Wyandanch
Neighborhoods in Islip, NY
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11751 rent to own homesBuying a Home in Islip, NY
Islip, NY is seeing rapid growth and Islip, NY's' housing market remains not optimal with an average home price that is 78% above the 2024 national average. Islip, 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 Islip, NY
Median Rent in Islip, NY
6 Reasons to Live in Islip, New York
Step back in time for a piece of history! This well-established seaside community is rife with historic places. Be sure to investigate the Historic Islip Trail, where you'll find up to thirty places of historic interest, including the Sagtikos Manor, first erected in 1697, or the Fire Island Lighthouse, the tallest lighthouse on Long Island, which offers stunning views of the Atlantic Ocean and the Great South Bay.
Enjoy plentiful recreation options! Landlubbers, beware: This seaside community has its roots in the fishing industry, and some things haven't changed. Islip's recreation amenities include 1500 boat berths in various locations for all your sailing and boating needs. Eleven beaches cater to beachcombers and swimmers. If you're not a seaside enthusiast, visit one of the area's eleven parks. Wildlife abounds at the Seatuck National Wildlife Refuge.
Proximity to New York, New York! Islip is on the southern side of Long Island, so it's just a hop, skip and jump from the many boroughs of the Big Apple. Brave residents may choose to drive their personal vehicles into the big city, but that's not the only way to get there; the Long Island Rail Road makes regular arrivals and departures and will take you anywhere you want to go, from Penn Station, Manhattan to Montauk, Long Island.
Dining Choices are abundant! From national chains to local fare, Islip residents have a broad range of choices when dining out. The town has over sixty restaurants and coffee shops, including Maxwell's Pub on Main Street. If you're craving Italian food, try Verace, also on Main, or the slightly less pricey Da Noi Italian Restaurant.
High rates of ownership! Whether they're enjoying home ownership in Islip or in a rent to own home, residents of Islip enjoy low rates of crime. If you're looking to find a house or apartment in Islip, start looking early; vacancies are very low, and likely to remain so as this town is so close to New York. The Main Street/Bay Area neighborhood, which is the location of the Islip Public Library, has the highest vacancy rate at 4.1 percent.
Home appreciation is on the rise! If you're looking forward to investing in a rental house, you'll be pleased to note that home values in Islip have risen 4.9 percent in the last twelve months. For the most reasonable home prices, search for your new digs in the Town Center neighborhood, where you'll find D'Franco's Pizzeria and Mint Auto Sales. Median home prices are over $294,000, but you won't find a better price in town.