Rent to own Homes in Medford, NY

The hamlet of Medford is a small community near the larger town of Brookhaven. Medford's roots extend back to the 1800s, when the Long Island Rail Road set up Medford Station as a rural outpost. A post office followed, and the hamlet eventually grew into a residential area. Today, the hamlet is a bustling place with several major roads, including Horseblock Road and the Long Island Expressway.

Medford, NY is a great place for affordable rent-to-own homes! With a median household income of over $99,673 and a median rent of $2,093, the Medford, 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 Medford, 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.

Check out Medford, NY rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
10 Robert Street
Rent To Own
 
Single Family Home
Mastic, NY 11950
3
1
0 ft2
1940
351 OLD COUNTRY RD
Rent To Own
 
Single Family Home
Deer Park, NY 11729
3
1
942 ft2
1953
138 The Knoll UNIT 138
Rent To Own
 
Single Family Home
Syosset, NY 11791
3
3
2000 ft2
1982
Hot
1 of 8 173 FARMINGVILLE RD
Rent To Own
 
Single Family Home
Ridgefield, CT 06877
4
4
5440 ft2
1978
1 of 59 8 SHORELINE DR
Rent to Own Eligible
Lordship
Townhouse/Condo
Stratford, CT 06615
3
3
1680 ft2
2017
155 Short Beach Rd
Rent to Own Eligible
 
Townhouse/Condo
Stratford, CT 06615
1
1
624 ft2
1984
115 Short Beach Rd
Rent to Own Eligible
 
Townhouse/Condo
Stratford, CT 06615
1
1
624 ft2
1984
5 FRANCIS ST
Rent to Own Eligible
 
Single Family Home
Milford, CT 06460
3
4
3030 ft2
2021
20 GUZZI DR
Rent to Own Eligible
 
Single Family Home
Stratford, CT 06615
3
1
1040 ft2
1977
New
27 HAUSER ST
Rent to Own Eligible
Devon / Walnut Beach
Single Family Home
Milford, CT 06460
3
3
2418 ft2
2022
1 of 10 69 WOOSTER AVE
Rent to Own Eligible
 
Single Family Home
Stratford, CT 06615
2
1
1162 ft2
1955
New
1 of 40 7 BRIDGEWATER AVE
Rent to Own Eligible
Devon / Walnut Beach
Single Family Home
Milford, CT 06460
4
3
2346 ft2
1997
New
419 MILFORD POINT RD
Rent to Own Eligible
Devon / Walnut Beach
Single Family Home
Milford, CT 06460
1
2
1152 ft2
1930
New
91 STOWE AVE #101
Rent to Own Eligible
Devon / Walnut Beach
Townhouse/Condo
Milford, CT 06460
1
1
700 ft2
1985
New
1 of 16 91 Stowe Ave
Rent to Own Eligible
Devon / Walnut Beach
Townhouse/Condo
Milford, CT 06460
1
1
700 ft2
1985
New
200 EVERETT ST
Rent to Own Eligible
 
Single Family Home
Stratford, CT 06615
3
1
1564 ft2
1941
1 of 25 1099 SOUTH AVE
Rent to Own Eligible
 
Single Family Home
Stratford, CT 06615
3
2
2446 ft2
1942
1700 MAIN ST
Rent to Own Eligible
Stratford Center Historic District
Single Family Home
Stratford, CT 06615
2
3
2839 ft2
1937
1 of 23 85 VISCOUNT DR
Rent to Own Eligible
Devon / Walnut Beach
Townhouse/Condo
Milford, CT 06460
2
1
990 ft2
1975
New
85 VISCOUNT DR #B31
Rent to Own Eligible
Devon / Walnut Beach
Townhouse/Condo
Milford, CT 06460
2
1
990 ft2
1975
196 AVON ST
Rent to Own Eligible
 
Townhouse/Condo
Stratford, CT 06615
6
3
2178 ft2
1920
260 CARROLL AVE
Rent to Own Eligible
East End
Single Family Home
Bridgeport, CT 06607
2
2
749 ft2
1912
New
33 ELAINE RD
Rent to Own Eligible
Woodmont
Single Family Home
Milford, CT 06460
2
1
1008 ft2
1929
25 WESTLAND AVE
Rent to Own Eligible
Woodmont
Single Family Home
Milford, CT 06460
3
1
948 ft2
1930
New
54 HUBBELL PL
Rent to Own Eligible
Devon / Walnut Beach
Single Family Home
Milford, CT 06460
3
2
1486 ft2
1933
New
41-43 ORANGE ST
Rent to Own Eligible
East End
Townhouse/Condo
Bridgeport, CT 06607
5
3
2785 ft2
1897
50 EVENINGSIDE DR
Rent to Own Eligible
Woodmont
Single Family Home
Milford, CT 06460
4
6
4595 ft2
2000
New
181 MELBA ST #122
Rent to Own Eligible
Woodmont
Townhouse/Condo
Milford, CT 06460
1
1
832 ft2
1970
1 of 25 18 MELBA ST
Rent to Own Eligible
Woodmont
Townhouse/Condo
Milford, CT 06460
4
2
1404 ft2
1953
New
62 CLIFFORD ST
Rent to Own Eligible
East End
Single Family Home
Bridgeport, CT 06607
3
2
1134 ft2
1915
998 FAIRFIELD BEACH RD
Rent to Own Eligible
Fairfield Beach
Single Family Home
Fairfield, CT 06824
4
4
2693 ft2
2005
New
325 Lafayette St
Rent to Own Eligible
South End
Townhouse/Condo
Bridgeport, CT 06604
2
1
879 ft2
1890
1011 STRATFORD AVE #5
Rent to Own Eligible
East End
Townhouse/Condo
Bridgeport, CT 06607
2
2
870 ft2
1993
96 BLAKEMAN PL
Rent to Own Eligible
 
Single Family Home
Stratford, CT 06615
3
2
1624 ft2
1940
1240 FAIRFIELD BEACH RD
Rent to Own Eligible
Fairfield Beach
Single Family Home
Fairfield, CT 06824
3
2
1105 ft2
1900
8 CREST PL
Rent to Own Eligible
 
Single Family Home
Milford, CT 06460
3
3
1728 ft2
1928
New
141 RIDGEWOOD DR
Rent to Own Eligible
Woodmont
Single Family Home
Milford, CT 06460
3
1
1416 ft2
1958
128 CARRIAGE PATH S
Rent to Own Eligible
Woodmont
Townhouse/Condo
Milford, CT 06460
1
1
765 ft2
1974
40 California St
Rent to Own Eligible
 
Townhouse/Condo
Stratford, CT 06615
1
1
728 ft2
1972
New
2115 FAIRFIELD BEACH RD
Rent to Own Eligible
Fairfield Beach
Single Family Home
Fairfield, CT 06824
4
6
3709 ft2
2018
New
306 ROCKWELL AVE
Rent to Own Eligible
 
Single Family Home
Stratford, CT 06615
5
2
1985 ft2
1920
124 OLD BATTERY RD
Rent to Own Eligible
Black Rock
Single Family Home
Bridgeport, CT 06605
11
9
15118 ft2
1928
New
1026 E BROADWAY
Rent to Own Eligible
Downtown / Harbor / Post Road South
Single Family Home
Milford, CT 06460
3
3
2670 ft2
2002
New
1 of 32 71 OAKLAND ST
Rent to Own Eligible
 
Single Family Home
Stratford, CT 06615
3
2
1169 ft2
1920
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11763 rent to own homes

Buying a Home in Medford, NY

Medford, NY is seeing rapid growth and Medford, NY's' housing market remains not optimal with an average home price that is 54% above the 2024 national average. Medford, 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 Medford, NY

Median Rent in Medford, NY

Rent to own homes offer low monthly payments and flexible terms.

Top 4 Reasons to Live in Medford, NY

Rising home sale prices! Although this might not sound ideal for buyers, it indicates that the housing market is healthy in Suffolk County. The average home sale price sits around $263,500. When you buy a house in Medford, you'll be making a solid investment that will pay off in the future. If you're wondering where to look, concentrate on the John Roe Smith Ave and Swisstone St neighborhood or the Route 112 and Railroad Ave neighborhood, where appreciation rates on homes are the highest.

Take advantage of rental options! It's true that there aren't endless rental options here, but they do exist. Roughly 15 percent of homes in Medford are renter-occupied. Whether you prefer a rent to own property, an apartment or a rental house, wait for available listings to pop up, and then check them out as soon as you can. Try the Town Center neighborhood or the Horseblock Rd and N. Ocean Ave neighborhood for fantastic rental properties.

Great dining around town! Medford offers a variety of dining establishments, whether you're in the mood for fine dining or fast food. Head to J&R's Steakhouse for delicious food and a friendly atmosphere. Try the 32-ounce porterhouse, or go lighter with the 7-ounce filet mignon. For pizza and pasta, check out Bianca Luna. Order one of the specialty pizzas, a plate of lasagna or a hero. Other popular restaurants include Lucky 13 Cafe and Long Island Seafood.

Green space galore! For a small hamlet, Medford still offers plenty of green areas to enjoy. Granny Road Park, Twelve Pines Park and Eagle Estates Park are all within city borders. Visit one of these neighborhood parks to take a stroll and enjoy some fresh air, or have a picnic during summer. Keep in mind that there are larger green areas not far from Medford. If you want a place to go running or hiking, head over to Connetquot River State Park.