Rent to own Homes in Kiryas Joel, NY
Located within the town of Monroe, Kiryas Joel is an independent village with a population of 21,357. In recent years, the village has attempted to annex itself from Monroe County in an effort to be an independent city. Operating as an independent entity, residents in Kiryas Joel are close knit and prefer to do their shopping at local stores. Kiryas Joel is home to numerous parks, which offer spectacular views of the New York foliage.
Kiryas Joel, NY is a great place for affordable rent-to-own homes! With a median household income of over $35,437 and a median rent of $1,245, the Kiryas Joel, 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 Kiryas Joel, 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.
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Rent to own Homes in Cities Near Kiryas Joel, NY
- Bergenfield
- Butler
- Fairfield
- Fair Lawn
- Haledon
- Hamburg
- Harrington Park
- Haverstraw
- Hibernia
- Highland Falls
- Highland Lake
- Hillsdale
- Ho-Ho-Kus
- Lake Telemark
- Lincoln Park
- Llewellyn Park
- Macopin
- Maywood
- Monroe
- Monsey
- Montebello
- Montrose
- Mountain Lakes
- New Hampton
- New Milford
- North Haledon
- Northvale
- Norwood
- Nyack
- Oakland
- Packanack Lake
- Paterson
- Pompton Lakes
- Preakness
- Ringwood
- Riverdale
- Singac
- Sleepy Hollow
- South Nyack
- Suffern
- Tarrytown
- Thiells
- Totowa
- Upper Greenwood Lake
- Vernon Valley
- Wanaque
- Westwood
- Woodbury
- Woodland Park
- Wyckoff
Neighborhoods in Kiryas Joel, NY
Kiryas Joel rent to own homesPopular Zip Codes in Kiryas Joel, NY
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Kiryas Joel, NY is seeing rapid growth and Kiryas Joel, NY's' housing market remains not optimal with an average home price that is 144% above the 2024 national average. Kiryas Joel, NY is part of Orange 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 Orange is 1.79% which is above the national average, which is 0.99%.
Median Home Price in Kiryas Joel, NY
Median Rent in Kiryas Joel, NY
Top 5 Reasons to Live in Kiryas Joel, NY
Plummeting Median Sale Price! After the median sale price in Kiryas Joel peaked at $296,000 in June 2014, the figure has dropped drastically to just $224,000 through November 24th. With no sign of relief to falling home prices, now is the time to buy a rent to own home in a neighborhood like Seven Springs Mountain Road or Forest Road.
Home Values on the Rise! Thus far in 2014, home values have skyrocketed 3.6% to $230,600 and show no sign of plateauing. Based on current predictions, the neighborhoods that show the highest likelihood to increase in value are the Village Center and Schunnemunk St.
Great Food! Head to the Captain's Table to enjoy nautically themed food where the surf'n'turf has been named the best in the city. Or, visit the Fusion Cafe and Wine Bar for delicious twists on classic American dishes.
Numerous Parks and Outdoor Activities! Kiryas Joel is home to numerous parks. Whether you enjoy camping, fishing, hiking or playing sports, there is a park for you in the city. Start with a visit to Smith's Clove Park to play baseball at one of the four fields, practice football on the turf field, or hike on the four miles of trails. Escape the heat of the summer and have fun on the water with a visit to Sebago Beach Recreation Area. Here, you'll find picnic tables, a boat launch and a lake for swimming.
Great Shopping! As a community oriented village, residents choose to do much of their daily shopping in the vibrant downtown area. With many businesses having been in the same family for decades, residents like to support the local economy by shopping at stores like Katz Gluten Free for bakery items and Kiryas Joel Dairy for their milk, butter and all other grocery needs.