Rent to own Homes in Washington, DC
While Washington, D.C., is the main seat of the nation's government, it's not just the home of the White House and the US Capitol Building. It's also home to approximately 632,323 residents who live and work in the city each day. In addition, Washington plays host to more than 18 million tourists annually from around the world. For many reasons, it's a desirable -- and beautiful -- city to live and work in, whether you're single, raising a family or retired. If you're looking for a house to buy, an apartment to rent, or a rent to own home, Washington, D.C., will certainly have something for you.
Washington, DC is a great place for affordable rent-to-own homes! With a median household income of over $90,842 and a median rent of $1,607, the Washington, DC 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 Washington, DC. 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 Washington, DC Property Resources
Rent to own Homes in Cities Near Washington, DC
- Alexandria
- Andrews AFB
- Annandale
- Annapolis Junction
- Arlington
- Bailey's Crossroads
- Braddock
- Burke
- Burke Centre
- Capitol Heights
- Cedar Heights
- Cheltenham
- Cherry Hill
- Chevy Chase
- Chevy Chase Village
- Clarksville
- Difficult Run
- Dunn Loring
- Fairfax
- Fairfax Station
- Falls Church
- Forest Glen
- Fort Hunt
- Gaithersburg
- Great Falls Crossing
- Hughesville
- Kettering
- Kingstowne
- Layhill
- Leesylvania
- Mantua
- Martin's Additions
- Maryland Park
- Mount Vernon
- Nanjemoy
- North Bethesda
- North Chevy Chase
- North Kensington
- North Potomac
- Oakton
- Port Tobacco
- Potomac
- Rockville
- Sandy Spring
- Somerset
- Travilah
- Union Mill
- Vienna
- Washington Navy Yard
- White Plains
Neighborhoods in Washington, DC
Cleveland Park rent to own homes Spring Valley rent to own homes Brightwood - Manor Park rent to own homes Van Ness - Forest Hills rent to own homes Michigan Park rent to own homes 16th Street Heights - Crestwood - Brightwood Park rent to own homes AU Park - Friendship Heights - Tenley rent to own homes Petworth rent to own homes Fort Totten - Riggs Park rent to own homes Chevy Chase-DC rent to own homesMedian Home Price in Washington, DC
Median Rent in Washington, DC
Top Reasons to Live in Washington DC
Housing Statistics These statistics include rental homes, as well as condominiums and homes for sale. All statistics are current through August, 2013:
Local Sports The sports scene is alive and well in Washington, D.C., thanks to generations of enthusiastic fans and a legacy of athletic excellence in its professional teams. The city boasts a number of major sporting arenas, including the Robert F. Kennedy Memorial Stadium, FedEx Field, Nationals Park and Verizon Center. Two sports-oriented TV networks, Mid-Atlantic Sports Network and Comcast SportsNet, also make the Washington area their home.
The School System The public school system in Washington, D.C., is known as District of Columbia Public Schools (DCPS). It contains 139 of the area's 238 public schools (elementary and secondary), and offers classes from prekindergarten through 12th grade. School typically starts between August 18 and September 4th, with six-hour school days (except for prekindergarten and kindergarten).
Washington, DC Neighborhoods Georgetown: Located alongside the Potomac River, the residential neighborhood of Georgetown is an area rich in history. Founded in 1751, it is home to the famed Georgetown University, and also has some of the oldest (and most beautiful) stately homes in the area. In addition to Georgetown Park, a popular enclosed shopping mall, Georgetown has a large selection of upscale retailers and restaurants, as well as a popular waterside entertainment district, Washington Harbour.