Rent to own Homes in Stony Point, NY
Stony Point, NY is a great place for affordable rent-to-own homes! With a median household income of over $107,630 and a median rent of $1,494, the Stony Point, 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 Point, 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 Stony Point, NY
- Bergenfield
- Butler
- Fairfield
- Fair Lawn
- Haledon
- Hamburg
- Harrington Park
- Haverstraw
- Hibernia
- Highland Falls
- Highland Lake
- Hillsdale
- Ho-Ho-Kus
- Lake Telemark
- Lincoln Park
- Llewellyn Park
- Macopin
- Maywood
- Monroe
- Monsey
- Montebello
- Montrose
- Mountain Lakes
- New Hampton
- New Milford
- North Haledon
- Northvale
- Norwood
- Nyack
- Oakland
- Packanack Lake
- Paterson
- Pompton Lakes
- Preakness
- Ringwood
- Riverdale
- Singac
- Sleepy Hollow
- South Nyack
- Suffern
- Tarrytown
- Thiells
- Totowa
- Upper Greenwood Lake
- Vernon Valley
- Wanaque
- Westwood
- Woodbury
- Woodland Park
- Wyckoff
Neighborhoods in Stony Point, NY
Stony Point rent to own homesPopular Zip Codes in Stony Point, NY
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Stony Point, NY is seeing rapid growth and Stony Point, NY's' housing market remains not optimal with an average home price that is 74% above the 2024 national average. Stony Point, NY is part of Rockland 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 Rockland is 1.73% which is above the national average, which is 0.99%.