Rent to own Homes in North Tonawanda, NY
Tucked along the Niagara River between Lakes Erie and Ontario, the city of North Tonawanda boasts an impressive 31,568 residents within its 10.1 square miles, as of the 2010 census. Once known as the Lumber Capital of the World due to the advantageous environment for harvesting, drying, and shipping timber, North Tonawanda is now better known for its outstanding waterfront and thriving tourism industry. Incorporated in 1897, the city retains a lot of its historical feel and manufacturing base, but has plenty to offer to the modern urbanite.
North Tonawanda, NY is a great place for affordable rent-to-own homes! With a median household income of over $60,673 and a median rent of $735, the North Tonawanda, 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 North Tonawanda, 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 North Tonawanda, NY
- Akron
- Alden
- Angola
- Angola on the Lake
- Basom
- Billington Heights
- Blasdell
- Buffalo
- Cheektowaga
- Clarence
- Clarence Center
- Cowlesville
- Darien Center
- Depew
- East Aurora
- Eden
- Eggertsville
- Elma Center
- Gasport
- Glenwood
- Grandyle Village
- Hamburg
- Harris Hill
- Kenmore
- Lackawanna
- Lancaster
- Lewiston
- Lockport
- Newfane
- Niagara Falls
- Niagara University
- North Boston
- North Collins
- North Tonawanda
- Orchard Park
- Ransomville
- Rapids
- Sanborn
- Sloan
- South Lockport
- South Wales
- Tonawanda
- Tonawanda Town
- Town Line
- University at Buffalo
- Wanakah
- West Falls
- West Seneca
- Williamsville
- Wilson
Neighborhoods in North Tonawanda, NY
North Tonawanda rent to own homesPopular Zip Codes in North Tonawanda, NY
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North Tonawanda, NY is seeing rapid growth and North Tonawanda, NY's' housing market remains optimal with an average home price that is -41% below the 2025 national average. North Tonawanda, NY is part of Niagara 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 2025 for county Niagara is 3.06% which is above the national average, which is 0.99%.
Median Home Price in North Tonawanda, NY
Median Rent in North Tonawanda, NY
Top 5 Reasons to Live in North Tonawanda, New York
Dine along the waterfront! Crazy Jakes located along Tonawanda Creek is a local favorite, with live music on the weekends, outdoor dining in season, a boating club and a fantastic setting. The Remington Tavern, located in what once was a trolley barn along the Erie Canal, offers a spectacular raw bar and expertly cooked Angus strip steaks.
Affordable housing! The median price for a home in North Tonawanda is about a third of the New York state average. With vacancy rates hovering around 12 percent, finding a house for sale or rent in the city isn't going to be too challenging for the average buyer.
Recreational activities indoors and out! During summer months, residents of North Tonawanda enjoy boating along the Erie Canal with free docking facilities at Gateway Harbor. The harbor also offers hydro bike and kayak rentals. Not into water sports? Hit the links at Deerwood Golf Course. Indoor-yet-active types will love the soccer and tennis at Sportsplex on Ridge Road and the arcade, skating, and roller derby at Rainbow Rink.
Variety of housing options! Whether in the market for small apartments or family-sized rent to own houses, North Tonawanda offers something for everyone. Gateway Park Apartments right on the canal offers inexpensive studios with utilities included, and single family homes as large as six bedrooms are available to buy or rent all over town.
Enjoy a little history! Visit the Herschell Carrousel Factory Museum to enjoy antique merry-go-rounds in the original factory, and hear one of North Tonawanda's famous Wurlitzer organs at the landmark Riviera Theatre. Residents can even enjoy a little historic mail, as the U.S. Post Office serving the city still operates out of the nationally registered 1912 building located on Goundry Street. The original rail station built in 1836 now operates as a railroad museum. Visitors can view antique engines and ride a handcar down the rail line.
