Rent to own Homes in Monsey, NY
With a population of 18,412, Monsey's close proximity to the Big Apple (27 miles) makes it a great place for New York City commuters who don't want to live in an urban jungle. With January highs around 32 degrees and July highs around 79 degrees, Monsey has chilly winters and pleasant summers. This charming town abounds with lush, wooded walks and wildlife preserves, making it a favorite destination for hikers, while tourists are attracted to its wealth of 19th century landmarks.
Monsey, NY is a great place for affordable rent-to-own homes! With a median household income of over $40,543 and a median rent of $1,482, the Monsey, 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 Monsey, 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 Monsey, NY Property Resources
Rent to own Homes in Cities Near Monsey, 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
Popular Zip Codes in Monsey, NY
10952 rent to own homesBuying a Home in Monsey, NY
Monsey, NY is seeing rapid growth and Monsey, NY's' housing market remains not optimal with an average home price that is 214% above the 2024 national average. Monsey, NY is part of Rockland 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 Rockland is 1.73% which is above the national average, which is 0.99%.
Median Home Price in Monsey, NY
Median Rent in Monsey, NY
Top 6 Reasons to Live in Monsey, NY
Large, luxurious homes for sale! With median sales prices around $679,000, the housing market in Monsey continues to be robust. In the area of Timothy Court, a five bedroom, four-bath home built in the 1970s will run just less than $770,000, while along East Concord Drive a similar five-bedroom, four bath house, circa 1970s, will run just less than $500,000.
Affordable rentals! Monsey also has an active rental market, with a good selection of condos, townhouses, apartments and rent to own homes available. In the Edison Court area, there are plenty of apartments listed, with prices ranging from around $1,000 for a one-bedroom to less than $2,000 for a three-bedroom duplex. For home rentals, check Ackertown Road, where a one bedroom can rent for less than $1,300 a month.
Beautiful nature trails! When locals want to get away from it all, they go to Monsey Glen Park. This heavily-wooded oasis features a lush forest hiking path and sandstone overhangs. Another favorite is the Frank J. and Lillian G. Schwartz Nature Preserve, which features a natural wildlife habitat.
Outdoor sports! Sports enthusiasts gravitate to Manny Welder Park for its handball and tennis courts, bike paths and ball fields. Another great place for outdoor recreation is Orchard Hills Park, which features tennis and basketball courts and baseball fields.
Great restaurants! For awesome stuffed mushrooms and other comfort foods, check out Roadhouse Bar and Grill. For upscale fare, try The Purple Pear, which features exotics such as sushi omelets and homemade cheese blintzes.
Fascinating history! History buffs will want to visit the Houser-Conklin House, which dates back to 1775 and is listed on the National Register of Historic Places. Another must-see is the historic Monsey Cemetery, which is the final resting place for veterans from the Revolutionary War, the War of 1812 and the Civil War.