Rent to own Homes in Ronkonkoma, NY
This hamlet in the small town of Islip is on Long Island and was inhabited by the Algonquin Indians before European settlers arrived. A transportation hub, the area is home to Islip Airport and marks the end of the Long Island Railroads electric line from Hicksville. The community's name has various meanings, including resting place of the wild geese, as well as white sand, and it has been referenced in popular culture by way of television episodes from "How I Met Your Mother" as well as films like "200 Cigarettes".
Ronkonkoma, NY is a great place for affordable rent-to-own homes! With a median household income of over $111,052 and a median rent of $1,699, the Ronkonkoma, 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 Ronkonkoma, 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 Ronkonkoma, NY Property Resources
Rent to own Homes in Cities Near Ronkonkoma, NY
- Amityville
- Asharoken
- Babylon
- Baldwin
- Baldwin Harbor
- Barnum Island
- Bayville
- Bellmore
- Compo
- East Garden City
- East Meadow
- East Northport
- East Rockaway
- Elwood
- Flower Hill
- Freeport
- Glen Head
- Greenlawn
- Greens Farms
- Halesite
- Hauppauge
- Herricks
- Holbrook
- Huntington Bay
- Lake Ronkonkoma
- Levittown
- Lindenhurst
- Lloyd Harbor
- Locust Valley
- Malverne
- Manhasset Hills
- Massapequa Park
- Medford
- Mount Sinai
- Muttontown
- North Amityville
- North Merrick
- Northport
- North Wantagh
- Norwalk
- Port Jefferson Station
- Roslyn Heights
- Salisbury
- South Hempstead
- Stony Brook
- West Hills
- West Islip
- Wheatley Heights
- Williston Park
- Wyandanch
Neighborhoods in Ronkonkoma, NY
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No zip codes foundBuying a Home in Ronkonkoma, NY
Ronkonkoma, NY is seeing rapid growth and Ronkonkoma, NY's' housing market remains not optimal with an average home price that is 67% above the 2024 national average. Ronkonkoma, 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 Ronkonkoma, NY
Median Rent in Ronkonkoma, NY
Top 5 Reasons To Live In Ronkonkoma, NY
Valuable homes! While searching for an abode in New York that will appreciate, look to the area around Long Island MacArthur Airport. Houses here boast a median value of $348,747 -higher in value than 81.2 percent of homes in the nation. The area affords proximity to Italian eateries like Anthony's Coal Fired Pizza, a local chain serving up fresh pies to suit any whim.
Affordable lakeside living! Rent to own houses that border Lake Ronkonkoma are in high-demand. Properties surrounding Round Pond and Colonial Drive hold median values of $345,870 and average monthly rental costs of $1,182, which is a pittance when compared to other communities in the area. Lake Ronkonkoma County Park is in reach and allows for waterside activity and leisurely hikes through wooded trails.
Entertain guests! With specialty markets and delis around each corner, locals can conveniently stock up on items to prepare at home each night. Thera Farms, in town, stocks farm-fresh goods, which include vegetables, eggs, and herbs, while Lake Ronkonkoma Beverages will round out a fine meal by providing unique microbrews from their growler bar.
Delectable Italian fare! When in the mood for a homestyle Italian meal, this town has locals covered. Seek fresh cuts of meat, deli goods, and heavenly mozzarella at Ronkonkoma Italian Pork Store, or sit down for a hearty portion of rigatoni with sausage at Mama Mia Ristorante. If you're in the mood for a great slice instead, seek the comfortable confines of Little Vincent's Pizza, where the meatball pie reigns supreme.
Pull up a barstool! Get to know the neighbors at bars like Shenanigans, where friends catch up on the latest gossip and the staff knows your name. JW's Pub, a dive bar that feels like a second home, boasts a beer pong tournament, darts, and free pool on certain nights of the week, making it another great option for a nightcap.