Rent to own Homes in Rye, NY
Rye, NY is the type of place that people dream of living in, featuring a tight-knit community, a homespun downtown, proximity to New York City and beautiful homes located on tree-lined streets. With a small population of 15,720, this town may be small, but it's big on charm. If you're interested in buying or renting a home, there are plenty of reasons to give a Rye a look.
Rye, NY is a great place for affordable rent-to-own homes! With a median household income of over $193,919 and a median rent of $2,258, the Rye, 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 Rye, 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 Rye, 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 Rye, NY
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10580 rent to own homesBuying a Home in Rye, NY
Rye, NY is seeing rapid growth and Rye, NY's' housing market remains not optimal with an average home price that is 566% above the 2024 national average. Rye, 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 Rye, NY
Median Rent in Rye, NY
Top 4 Reasons to Live in Rye, NY
Strong Real Estate value! Rye is not only a great place to live, but represents a sound investment for those looking for a home. Residents enjoy this town's great location in Westchester County, it's position on the Long Island Sound and the quick commute to New York City. People have wanted to live here for decades, and it shows in the historical growth in real estate prices, with the median estimated value of a home or condo going from $556,000 in 2000 to $949,000 in 2012. Rye is a small place and unlike other neighborhoods that see their real estate growth come from overcrowding, Rye's population only grew 6% between 2000 and 2012.
An amazing downtown! Rye is known for its charming downtown which features family-run businesses that put a lot of love into what they do. Ruby's Oyster Bar & Bistro is one popular local spot where you can enjoy fresh-caught seafood. Afterwards, head to Longford's Ice Cream shop where you can enjoy creamy homemade ice cream in a variety of flavors.
A variety of entertainment! Rye is known as a place that offers residents plenty of activities and fun things to do. Stop by the Westchester Country Club in Rye for a relaxing game of golf or a fast-paced round of tennis with your neighbor. Enjoy a quick yacht or sailboat adventure on the Long Island sound from the Rye Boat Basin Marina. For those looking for a little extra excitement, the legendary Rye Playland, a famous 19th Century amusement park, is in Rye where you can still ride the Dragon Coaster, a wooden rollercoaster with real antique charm.
Beautiful homes to choose from! Rye is known as one of the top real estate destinations in the country and if you see the homes and apartments on offer, you'll understand why. From beautiful Victorian homes located right on the coast of Westchester, to charming colonials in tree-shaded corners of this town, Rye has it all. Rye is known for its older stately homes, with approximately 42% older than 1939, but some newer condos, apartment complexes and homes are also available and represent 4.8% of the housing stock. Many people choose rent to own homes or apartments in Rye to slowly pay for their home while living in it.