Rent to own Homes in Port Chester, NY
Port Chester is a coastal village of 28,967 residents in Westchester County, New York close to the Connecticut state border. It was originally settled in the 1660s and was known as Saw Pit until it was incorporated as a village in 1868 and was renamed Port Chester. It is home to Capitol Theater, a legendary music venue that has witnessed live performances by acts such as David Bowie and The Rolling Stones.
Port Chester, NY is a great place for affordable rent-to-own homes! With a median household income of over $81,586 and a median rent of $1,778, the Port Chester, 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 Port Chester, 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 Port Chester, 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 Port Chester, NY
Port Chester rent to own homesPopular Zip Codes in Port Chester, NY
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Port Chester, NY is seeing rapid growth and Port Chester, NY's' housing market remains not optimal with an average home price that is 111% above the 2024 national average. Port Chester, 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 Port Chester, NY
Median Rent in Port Chester, NY
Top 3 Reasons to Live in Port Chester, NY
The most sought-after real estate in Westchester! Port Chester's coastal location and proximity to New York City have made it one of the most popular small towns in the state. As a result, median home values are 47.3 percent higher than the state average and have increased by roughly 75 percent in the past 12 years. Prospective buyers will find a range of condominium and co-op complexes along King Street. Side roads such as Washington Street, Oak Street, and Grove Street offer older yet charming wood-frame multi-family housing units. There are also a number of rent to own properties available in Port Chester for those not interested in buying.
An abundance of rentals! Those looking to rent in Port Chester are in luck because a 55.2 percent majority of households are living in a rented house. Most of the affordable properties are situated close to downtown along the neighboring streets of Westchester Avenue. Conversely, most single unit homes at the higher end of the market can be found on the edge of town in Rye Brook. These houses will appeal to those in search of a quieter suburban ambiance and are still within a short driving distance of the downtown amenities.
See a concert at the Capitol Theater! Situated in downtown Port Chester, the Capitol Theater is a huge draw for music fans in Port Chester and the Westchester region as a whole. This historic venue offers a constant stream of bands performing throughout the year, and past performers include legends such as Pink Floyd, David Bowie, The Rolling Stones, Janis Joplin, and The Grateful Dead. Originally opened in 1926 and then reopened in 2011 after extensive renovation, the venue was added to the National Register of Historic Places in 1984. Because of its proximity to South Main Street and Port Chester Train Station, it is once again thriving in popularity.