Rent to own Homes in Woodmere, NY
Woodmere is a New York State hamlet that is home to more than 17,000 people. Located in Nassau County, Woodmere is one of the "Five Towns" of Long Island, found within the limits of the Town of Hempstead. There are 2.7 total square miles in Woodmere. All kinds of celebrities have called Woodmere their home over the years, including Harvey Milk, David. A. Adler and Schmuel Sackett.
Woodmere, NY is a great place for affordable rent-to-own homes! With a median household income of over $138,812 and a median rent of $2,275, the Woodmere, 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 Woodmere, 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 Woodmere, NY Property Resources
Rent to own Homes in Cities Near Woodmere, NY
- Atlantic Beach
- Baldwin
- Baldwin Harbor
- Barnum Island
- Bayville
- Bellerose Terrace
- Bellmore
- Bogota
- Cedarhurst
- Eastchester
- East Garden City
- East Meadow
- East Rockaway
- Flower Hill
- Freeport
- Glen Head
- Grand View-on-Hudson
- Great Neck Estates
- Herricks
- Hewlett Harbor
- Highlands
- Lake Success
- Lawrence
- Levittown
- Locust Valley
- Malverne
- Manhasset Hills
- Massapequa Park
- Muttontown
- North Lynbrook
- North Merrick
- North Wantagh
- Orangeburg
- Pearl River
- Pelham
- Piermont
- River Edge
- Rockleigh
- Rock Ridge
- Roslyn Heights
- Salisbury
- Sleepy Hollow
- South Floral Park
- South Hempstead
- South Valley Stream
- Sparkill
- Tappan
- Tarrytown
- Tuckahoe
- Williston Park
Neighborhoods in Woodmere, NY
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11598 rent to own homesBuying a Home in Woodmere, NY
Woodmere, NY is seeing rapid growth and Woodmere, NY's' housing market remains not optimal with an average home price that is 252% above the 2024 national average. Woodmere, NY is part of Nassau 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 Nassau is 1.79% which is above the national average, which is 0.99%.
Median Home Price in Woodmere, NY
Median Rent in Woodmere, NY
Top 5 Reasons to Live in Woodmere, NY
Become a landlord! Rental fees in Woodmere are far above the national average, which can work in your favor if you offer up a property for lease. Properties along South End Drive and Ocean Avenue will give you the biggest returns for your investment. Rental costs for two bedroom apartments and houses in these areas are as high as $3,800 per month.
Low fixed-rate mortgages! Want to buy a property in Woodmere? Now's the time to find low fixed-rate mortgages, often under four percent. Despite high rental costs in some areas, the overall housing costs in Woodmere are actually quite varied. You'll find everything from $75,000 studio apartments at Wyckoff Place, to $1 million estates on York Avenue. The market is yours for the taking, and even offers rent to own opportunities!
Spend some time on the green. Woodmere is home to several premier golf courses, which makes it perfect for aspiring golf stars. Check out North Woodmere Golf Club a 9-hole public course designed by David W. Gordon, complete with putting green, driving range, and pro shop. North Woodmere Park is more than just a 9-hole course. The facility also includes ten tennis courts, handball and basket courts, as well as softball fields. They even have enough room for cross-country skiing in the winter!
Entertainment! Woodmere is a small town full of all the cozy, quaint entertainment venues you'd expect! Check out Woodmere Lanes for a few rounds of bowling with friends and family. Come in for open bowling every day of the week! For a more laid-back time, hit up the Backstage Sports Bar and Grill. If golf is your thing, The Woodmere Club is the place to go.
Vibrant employment market! Woodmere is a great place to look for a job or a new career path. Try your hand at becoming a travel assistant, a receptionist, office worker, sales professional, education administrator, youth ministry coordinator and much more. Read the Five Towns Patch and The 5 Towns Jewish Times for a look into local job openings.