Rent to own Homes in New City, NY
New City is a New York City suburb of about 33,500 inhabitants -- all of whom are enjoying the fresh air and camaraderie that comes from small-town living. New City officially became the capital of Rockland County in 1798, when it separated from Orange County. New City has remained the seat of Rockland County as it outgrew its former delineations, while retaining its small-town charm with historical buildings, gardens and shops. At its closest point, New City is about 15 miles from NYC.
New City, NY is a great place for affordable rent-to-own homes! With a median household income of over $143,873 and a median rent of $1,829, the New City, 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 New City, 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 New City, NY Property Resources
Rent to own Homes in Cities Near New City, NY
- Airmont
- Astoria
- Bardonia
- Bayville
- Bedford
- Bellerose Terrace
- Bogota
- Chestnut Ridge
- Congers
- Cos Cob
- East Garden City
- East Meadow
- Flower Hill
- Glen Head
- Grand View-on-Hudson
- Great Neck Estates
- Herricks
- Hillburn
- Hillcrest
- Hollis
- Jackson Heights
- Kearny
- Lake Success
- Locust Valley
- Malverne
- Manhasset Hills
- Middle Village
- Mount Ivy
- Muttontown
- Nanuet
- New Square
- Orangeburg
- Pearl River
- Piermont
- Rock Ridge
- Roslyn Heights
- Saint Albans
- Secaucus
- South Floral Park
- South Valley Stream
- Sparkill
- Spring Valley
- Stony Point
- Tappan
- Thomaston
- Tomkins Cove
- Wesley Hills
- West Haverstraw
- William Paterson University Of New Jersey
- Williston Park
Popular Zip Codes in New City, NY
10956 rent to own homesBuying a Home in New City, NY
New City, NY is seeing rapid growth and New City, NY's' housing market remains not optimal with an average home price that is 127% above the 2024 national average. New City, 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%.
Median Home Price in New City, NY
Median Rent in New City, NY
3 Great Reasons to Live in New City, NY!
Steady Home Sales! Home sales in New City have remained fairly steady over the last six years, which is good news for potential home buyers. An investment here will not only give you a wonderful place to live, but a valuable piece of property, as well. The average home sale in 2014 brought in just under $500,000, which just goes to show how much you stand to earn on your property investments. Considering that home values are only going up, now is a great time to step in and make a purchase in the beautiful New City community! From Lochness Lane to Verdin Drive, houses in New City are generally 3-4 bedrooms in size.
It's a Renter's (and Landlord's) Paradise! Looking to rent, or buy and then lease? New City is the place to do it. Nine percent of homes in this town are occupied by renters, which is a healthy rate for both renters and people looking to lease their properties. As for rent to own agreements, these are also quite common in New City. Large homes near Back to Earth General Foods and Albertus Magnus High School are easy to find, offering plenty of interior room and yard space.
Hang out in the County's Oldest Park! Dutch Gardens and the adjacent Rockland County Courthouse is a national historic district in New City. Built between 1934 and 1938, the Dutch Gardens are dedicated to the county's earliest settlers. Better Homes and Gardens designated this spot as 1935's "Garden of the Year." The Courthouse was built next to the Gardens in 1928, and features 3 stories of Art Deco-style Indiana limestone. New City is home to dozens more historical landmarks, including the Blauvelt House, Contempora House, Peter DePew House, and the English Church and Schoolhouse.