Rent to own Homes in Mamaroneck, NY
Located in Westchester County, just 30 miles northeast of NYC, the town of Mamaroneck is home to a community of a little under 30,000 people. Boasting a picturesque setting along the shores of Long Island Sound, the area is noted for containing two villages: the Village of Mamaroneck and Larchmont. A stable housing market, endless recreation opportunities, beautiful green spaces and plentiful amenities help to cement Mamaroneck's place as one of New York's most desirable zip codes.
Mamaroneck, NY is a great place for affordable rent-to-own homes! With a median household income of over $106,828 and a median rent of $1,931, the Mamaroneck, 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 Mamaroneck, 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 Mamaroneck, NY Property Resources
Rent to own Homes in Cities Near Mamaroneck, NY
- Baldwin
- Baldwin Harbor
- Barnum Island
- Bayonne
- Bayville
- Bedford
- Chappaqua
- Cos Cob
- Eastchester
- East Garden City
- East Meadow
- East Rockaway
- Flower Hill
- Freeport
- Glen Head
- Herricks
- Hewlett Harbor
- Levittown
- Lloyd Harbor
- Locust Valley
- Malverne
- Manhasset Hills
- Montebello
- Muttontown
- Noroton Heights
- North Haledon
- North Merrick
- North Wantagh
- Paterson
- Pelham
- River Edge
- Rockleigh
- Rock Ridge
- Roslyn Heights
- Salisbury
- Sleepy Hollow
- South Hempstead
- South Richmond Hill
- Springfield Gardens
- Tarrytown
- Thiells
- Tuckahoe
- Upper Nyack
- Valley Cottage
- Verplanck
- Viola
- Westwood
- Williston Park
- Woodmere
- Wyckoff
Neighborhoods in Mamaroneck, NY
Village Villa rent to own homes Mamaroneck Village rent to own homes Rye Neck rent to own homes Mamaroneck rent to own homesPopular Zip Codes in Mamaroneck, NY
10543 rent to own homesBuying a Home in Mamaroneck, NY
Mamaroneck, NY is seeing rapid growth and Mamaroneck, NY's' housing market remains not optimal with an average home price that is 183% above the 2024 national average. Mamaroneck, NY is part of Westchester 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 Westchester is 1.62% which is above the national average, which is 0.99%.
Median Home Price in Mamaroneck, NY
Median Rent in Mamaroneck, NY
Top 6 Reasons to Live in Mamaroneck, NY
Enjoy the green parks! If you're fond of green spaces, life in Mamaroneck will be nothing short of a bed of roses. Relax with a picnic in Columbus Park, or head down to Harbor Island Park to enjoy the sweeping views of Long Island Sound.
Quality rental homes! Renting in Mamaroneck is probably never going to be described as cheap: an average monthly rent will require you to lay out 95% above the New York average. That said, your monthly payment will land you a gorgeous place to call home. If you had something cheaper in mind, look out for a vacant property along Arlington Street and Richbell Road.
Many routes of public transportation! Don't fret if you arrive in Mamaroneck without your own set of wheels. Regular MTA services run from the Mamaroneck Train Station on Station Plaza, although you may find it easier to hop on the bus: almost 70 percent of local residents live within a few minutes walk of a Bee-Line route.
Home ownership or rent to own! If you want to get on the housing ladder, you'll join the 61 percent of Mamaroneck residents who own their own home. Whether you're looking at a mortgage or rent to own options, you can expect to pay around $260k for a condo in Palmer Terrace Apartments or upwards of $2M for a five-bedroom house on the Parkway.
Local shopping has all you need! Boston Post Road, along with Center Avenue, boasts plentiful shops, so you can get hold of what you need quickly and easily. Slightly further afield are shopping destinations such as Seaport Plaza and the Quaker Ridge Shopping Center.
Foodies Paradise! When hunger strikes, head to Mamaroneck Avenue, a local eat street where you can dig into sushi at Red Plum, refined American cuisine at the Club-Car Restaurant Lounge and French classics at Le Provencal Bistro.