Rent to own Homes in Rochester, NY
Located in Upstate New York, just south of Ontario Lake is Rochester, New York. This bustling suburban paradise is a fantastic place to raise kids; even Forbes named it one of the top three places to raise a family in America. With a population of approximately 210,565 people, Rochester is constantly enjoying booms, thanks in part to its many industries and businesses, including Kodak, Bausch and Lomb, and Xerox. The University of Rochester and the Rochester Institute of technology are here; both are leading colleges in the nation. Lower education schools are also excellent, and the low cost of living and low cost of housing attracts people from all over the country. Rochester isn't all work and no play however; there are many parks, restaurants, art museums, theaters and concert halls that appeal to people of all ages. The dozens of neighborhoods also ensure each person has a suitable place to reside.
Rochester, NY is a great place for affordable rent-to-own homes! With a median household income of over $37,395 and a median rent of $875, the Rochester, 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 Rochester, 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 Rochester, NY Property Resources
Rent to own Homes in Cities Near Rochester, NY
- Avon
- Bergen
- Bloomfield
- Brighton
- Brockport
- Caledonia
- Churchville
- Clarkson
- Conesus Lake
- East Avon
- East Rochester
- Fairport
- Farmington
- Gananda
- Gates
- Greece
- Hamlin
- Henrietta
- Hilton
- Honeoye Falls
- Ionia
- Irondequoit
- Lakeville
- Lima
- Livonia
- Livonia Center
- Macedon
- Mendon
- Nazareth College
- North Chili
- North Gates
- Ontario
- Palmyra
- Penfield
- Pittsford
- Rochester
- Rochester Institute Of Technology
- Rush
- Scottsville
- South Lima
- Spencerport
- St John Fisher College
- Victor
- Walworth
- Webster
- West Bloomfield
- West Henrietta
Neighborhoods in Rochester, NY
Grove Place rent to own homes Browncroft rent to own homes Culver-Winton-Main rent to own homes Upper Monroe rent to own homes Cobbs Hill rent to own homes Corn Hill rent to own homes Group 14621 rent to own homes 19th Ward rent to own homes Atlantic-University rent to own homes B.E.S.T rent to own homesBuying a Home in Rochester, NY
Rochester, NY is seeing rapid growth and Rochester, NY's' housing market remains optimal with an average home price that is -59% below the 2025 national average. Rochester, NY is part of Monroe 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 2025 for county Monroe is 2.92% which is above the national average, which is 0.99%.
Median Home Price in Rochester, NY
Median Rent in Rochester, NY
Top Reasons to Live in Rochester NY
Housing Statistics Rochester is lucky to claim the lowest real estate prices in all of New York State. The average price for a home in the first quarter of 2013 was $110,955, with the median price being $95,097. A total of 561 homes were sold in this same period of time. There are a total of 89,845 homes in Rochester, with a good balance of renters and owners, but a higher rate of renters, probably due to the colleges in the city. Owners make up 33 percent of structures and renters make up 58 percent, leaving an eight percent vacancy rate, which is higher than the national average. This high vacancy rate allows renters and buyers to be picky when it comes to choosing a place to live. Rent to own houses are also available in the area.
Arts and Culture Rochester is full of cultural attractions and entertainment options with an educational or intellectual twist. The Rochester Contemporary Art Center is particularly popular, as is the Memorial Art Gallery -- both present fine art. The Garth Fagan Dance is a cultural institution, as is the Rochester Philharmonic Orchestra. Kids especially appreciate the Strasenburgh Planetarium's fascinating exhibits.
Local Sports Rochester is a mecca of recreational activity, with both college and professional sports. Professional teams include the Rochester Red Wings baseball team, Rochester Americans hockey team, Rochester Rhinos soccer team and the Rochester Razorsharks basketball team. Golf is another popular pastime in this city that hosts the Ryder's Cup, PGA and Men's U.S. Open at varying times.
Neighborhoods Rochester has dozens of smaller neighborhoods and 17 main ones. Some have more prolific residential areas, and those are worth focusing on. Buyers or renters should take some time to familiarize themselves with each area's nuances before committing.