Rent to own Homes in Troy, NY

Delicious food! In Troy, you can delight in some delicious seafood at Obs Fish Fry, or try Testos or Moscatiello's for an Italian treat.

Troy, NY is a great place for affordable rent-to-own homes! With a median household income of over $48,834 and a median rent of $964, the Troy, 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 Troy, 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.

Check out Troy, NY rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
4294 Us Route 20
Rent To Own
 
Single Family Home
Castleton On Hudson, NY 12033
6
2
2856 ft2
1 of 17 460 PAWLING AVE
Rent To Own
Eastside
Multifamily (5+ Units)
Troy, NY 12180
4
4
4200 ft2
1880
1 of 15 1315 and 1317 15th Street
Rent To Own
The Hill
Multifamily (2 - 4 Units)
Troy, NY 12180
7
5
2050 ft2
Hot
1 of 19 821 HAMPTON PLACE BLVD
Rent To Own
 
Townhouse/Condo
Troy, NY 12180
2
2
1000 ft2
1989
1 of 4 57 BOGHT RD
Rent To Own
Colonie
Single Family Home
Watervliet, NY 12189
2
1
1125 ft2
1930
1 of 27 2 DOWNEY RD
Rent To Own
 
Single Family Home
Troy, NY 12180
3
1
1400 ft2
1966
1 of 18 57 SUTHERLAND DR
Rent To Own
Colonie
Single Family Home
Watervliet, NY 12189
3
2
2195 ft2
2010
Hot
1 of 20 14 EARL LYNN CT
Rent To Own
Cohoes
Single Family Home
Cohoes, NY 12047
3
2
1050 ft2
1959
Hot
1 of 13 1 PHEASANT RUN
Rent To Own
 
Townhouse/Condo
Waterford, NY 12188
4
2
2100 ft2
1985
1 of 29 8 CORD DR
Rent To Own
Colonie
Single Family Home
Latham, NY 12110
4
3
2331 ft2
1988
1 of 15 Locust Street
Rent To Own
 
Multifamily (2 - 4 Units)
Rensselaer, NY 12144
4
2
1800 ft2
1950
1 of 65 12 SCOTT PL
Rent To Own
Rensselaer
Single Family Home
Rensselaer, NY 12144
4
3
2383 ft2
2008
1 of 12 1023 WASHINGTON AVE
Rent To Own
Rensselaer
Single Family Home
Rensselaer, NY 12144
4
3
2091 ft2
1986
1 of 41 18 PATROON PL
Rent To Own
Loudonville
Single Family Home
Albany, NY 12211
3
3
1639 ft2
1965
1 of 38 1 PROVIDENCE CT
Rent To Own
Colonie
Single Family Home
Cohoes, NY 12047
4
3
2905 ft2
1999
6 LOCHVUE DR
Rent To Own
 
Single Family Home
Wynantskill, NY 12198
4
2
2332 ft2
2017
1 of 46 23 SCHUYLER AVE
Rent To Own
Colonie
Single Family Home
Latham, NY 12110
3
3
2350 ft2
1947
1 of 4 4 ASPINWALL RD
Rent To Own
Loudonville
Single Family Home
Albany, NY 12211
3
3
2038 ft2
1951
Hot
1 of 4 941 6TH ST
Rent To Own
Rensselaer
Single Family Home
Rensselaer, NY 12144
3
1
1434 ft2
1874
1 of 24 19 BETHWOOD DR
Rent To Own
Loudonville
Single Family Home
Albany, NY 12211
3
2
2037 ft2
1976
1 of 15 1 REGAL CT
Rent To Own
Loudonville
Single Family Home
Albany, NY 12211
3
1
1200 ft2
1963
Hot
1 of 12 103 SAND CREEK RD
Rent To Own
Colonie
Single Family Home
Albany, NY 12205
3
2
1286 ft2
1895
Hot
1 of 10 9 NORBRICK DR
Rent To Own
Colonie
Single Family Home
Albany, NY 12205
2
1
950 ft2
1965
Hot
1 of 2 60 TWILLER ST
Rent To Own
Delaware Avenue
Single Family Home
Albany, NY 12209
3
2
1375 ft2
1930
5 KEYSTONE CT
Rent To Own
Roessleville
Single Family Home
Albany, NY 12205
3
2
2000 ft2
2010
1 of 12 8 WALL ST #216
Rent To Own
 
Townhouse/Condo
Clifton Park, NY 12065
1
1
673 ft2
2009
Hot
1 of 11 34 WASHINGTON AVE
Rent To Own
 
Single Family Home
Mechanicville, NY 12118
4
2
1272 ft2
1962
Hot
1 of 24 5 APPLEWOOD DR
Rent To Own
 
Single Family Home
Rexford, NY 12148
4
3
2474 ft2
1985
Hot
210 N 5TH AVE
Rent To Own
 
Townhouse/Condo
Mechanicville, NY 12118
4
2
2444 ft2
1895
Hot
1 of 22 275 TAMPA AVE
Rent To Own
Buckingham Lake - Crestwood
Single Family Home
Albany, NY 12208
3
2
1300 ft2
1953
1325 BLUE FACTORY HILL RD
Rent To Own
 
Single Family Home
Cropseyville, NY 12052
3
1
1056 ft2
1962
1 of 12 13 DEBBIE CT
Rent To Own
Colonie
Single Family Home
Albany, NY 12205
3
2
1670 ft2
1975
432 VISCHER FERRY RD
Rent To Own
 
Single Family Home
Clifton Park, NY 12065
4
3
3064 ft2
1987
1 of 23 15 SENECA CT
Rent To Own
 
Single Family Home
Slingerlands, NY 12159
5
3
2434 ft2
1999
278 Van Wies Point Road
Rent To Own
 
Single Family Home
Bethlehem, NY 12158
3
2
2383 ft2
1935
1 of 35 15 NOTTINGHAM WAY N
Rent To Own
 
Single Family Home
Clifton Park, NY 12065
4
3
2234 ft2
1980
1 of 27 8 AMY MARIE CT
Rent To Own
Colonie
Single Family Home
Albany, NY 12205
3
2
1600 ft2
1986
Hot
1 of 12 314 MILLER RD
Rent To Own
 
Single Family Home
Rexford, NY 12148
4
3
2440 ft2
2018
1677 Juliane Drive
Rent To Own
 
Multifamily (2 - 4 Units)
Castleton, NY 12033
4
3
2184 ft2
1985
1 of 53 52 EGMONT CT
Rent To Own
 
Single Family Home
Delmar, NY 12054
4
3
2303 ft2
2002
1 of 20 NY Route
Rent To Own
 
Multifamily (2 - 4 Units)
Pittstown, NY 12094
3
2
1400 ft2
1981
1 of 15 58 TROLLEY WAY
Rent To Own
 
Single Family Home
Nassau, NY 12123
2
1
683 ft2
1945
1 of 16 21 HIGH DUNE DR
Rent To Own
Dunes
Single Family Home
Albany, NY 12203
3
3
1912 ft2
1980
Hot
1 of 11 136 POINT OF WOODS DR
Rent To Own
 
Townhouse/Condo
Albany, NY 12203
3
2
1540 ft2
1982
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Buying a Home in Troy, NY

Troy, NY is seeing rapid growth and Troy, NY's' housing market remains optimal with an average home price that is -31% below the 2024 national average. Troy, NY is part of Rensselaer 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 Rensselaer is 2.06% which is above the national average, which is 0.99%.

Median Home Price in Troy, NY

Median Rent in Troy, NY

Rent to own homes offer low monthly payments and flexible terms.

Top 11 Reasons to Live in Troy, NY

Small city, or a large town! As part of the metropolitan area that makes up Albany-Schenectady-Troy, it has the advantages of being a small city and part of a large metropolitan area. While in Troy, visit the oldest restaurant in the city called Manory's Restaurant.

Historic landmarks! Troy has a great deal of history with much of it focusing on European and Indian aspects. Some of the landmarks include the The Troy Savings Bank Music Hall, famed for its acoustics and an Odell concert organ, is also located here. Enjoy a cup of joe at Illium Cafe before you go in for your show.

Rising home appreciation rates! The popular neighborhoods of Cropseyville, Sycaway and Pleasantdale Melrose are good areas to find rent to own houses. The home appreciation values in these communities are on the increase. Pleasantdale has seen an 85% value in homes, while Cropseyville's and Sycaway's home values have risen by 60% and 80%, respectively.

Affordable housing! The average mortgage is less than $1,400 per month. With 35% of homes owned, there are many rent to own homes available. The average rental price is $550, and you can find some good deals in the areas surrounding Eagle Mills or Tibbits Ave.

A city of older homes! Most homes in Troy are fairly older homes. The average age of a home in Troy is 75 years old. Most homes are single-unit residences. Whether you are looking to rent to own a property or purchase it outright, check out the Washington St. or Pawling Ave. neighborhoods.

High vacancy rate! No need to worry about how difficult it may be to find a house. The vacancy rate is 14%, which is higher than the state's average and the average in the country. To see some good options, take a drive down Brunswick Center or Massachusetts Ave.

A rich history! Due to the city's steel industry and the popularity of steel use in the country, Troy was one of the wealthiest cities in the country during the 19th century. If you want to see what the city looked like back then, visit the 96-acre Central Troy Historic District, which has hundreds of properties in different architectural styles from that time period. Once you're done sightseeing, stop at Brunswick BBQ & Brew for dinner.

Events to see! Troy hosts the biggest Flag Day parade in the country, and rightfully so, since it boasts a large number of veterans buried in one of its cemeteries. Another huge festival is the June River Street Festival, which offers a wide variety of music and arts and crafts in the city. A must is the "Troy Night Out" event that brings together residents once a month to listen to live music, shop, visit different galleries, and try different cuisines offered.

Coffee to get you started! Can't start your day without your cup of joe? Stop by Daily Grind or MochaBlend Espresso Bar to get your morning fix!

Enjoy the nightlife! Visit Daisy Bakers or Bootlegger's on Broadway for a great night out on the town with music, entertainment and dancing.