Rent to own Homes in Stony Brook, NY
Stony Brook is a small town of six square miles on Long Island that has a population of about 14,000 people. The area was originally farmland, but it became a resort town in the 1800s. Today, it's a popular tourist destination and the home of Stony Brook University, a well-known research facility. Notable residents include Stan Lee of Marvel Comics, Dee Snider of Twisted Sister, and Kevin James of the King of Queens.
Stony Brook, NY is a great place for affordable rent-to-own homes! With a median household income of over $122,470 and a median rent of $2,177, the Stony Brook, 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 Stony Brook, 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 Stony Brook, NY Property Resources
Rent to own Homes in Cities Near Stony Brook, 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 Stony Brook, NY
No neighborhoods foundPopular Zip Codes in Stony Brook, NY
11790 rent to own homesBuying a Home in Stony Brook, NY
Stony Brook, NY is seeing rapid growth and Stony Brook, NY's' housing market remains not optimal with an average home price that is 114% above the 2024 national average. Stony Brook, 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 Stony Brook, NY
Median Rent in Stony Brook, NY
The Top 7 Reasons to Live in Stony Brook, NY
Experience art and culture! For art and culture enthusiasts, the Long Island Museum of American Art, History and Carriages is a great spot to check out. This museum is really three museums in one. Additionally, the Staller Center for the Arts offers movies, an annual film festival, and screenings of live performances of the Metropolitan Opera.
High-quality rental housing! From the pristine and spacious homes near Oak Hill, to the immaculate brick and pillar studios along Blueberry Lane, you'll see nothing but quality in the local rental accommodations.
Sporting facilities! Sports lovers can enjoy the Stony Brook Sports Complex, which has a swimming pool and courts for basketball, squash, volleyball, and other indoor sports -- not to mention outdoor baseball fields and tennis courts. There is also a weight room, dance studio, and exercise room. The Stony Brook University Indoor Sports Center is also open to the public.
Enjoy the great outdoors! Stony Brook has facilities for hiking, camping, fishing, and other outdoor activities. For nature lovers, the T. Bayles Minuse Park has a pond with swans and ducks, and a sensory garden full of plant life, with different aromas and textures for the enjoyment of the visually impaired. The Lake Ronkonkoma County Park boasts a fishing pier and picnic area.
Cool places to visit! If you want something different to do, you can visit Grist Mill, which was built in the 1700s. There are guided tours from spring until fall. Across the road is Mill Pond, an eleven-acre area where various waterfowl make their nests.
Homes for sale! For those moving to Stony Brook, there are plenty of homes for sale, including rent to own houses! All of these homes are relatively high-value, which makes for a good investment. The closer to Long Island Sound, the bigger your budget will need to be. In the city center, south of Oxhead Road, prices are a little lower. Expect to spend about $350,000 to $800,000 on a new home here.
Good public transport! Public transportation includes buses S60, S64, S69, S71, and S76. There's also the Stony Brook station of the Long Island Railroad (LIRR) nearby. New York City is 45 miles away.