Rent to own Homes in Ballenger Creek, MD
Located immediately south of Frederick, Ballenger Creek is home to a residential community of around 19,000 people. Courtesy of the Interstate 270 technological corridors, the area is perhaps best known for its cluster of high-end IT firms, although there's lots more to like about this city. A stable housing market, plenty of local amenities and a vibrant economy all add up to make Ballenger Creek an appealing place to call home.
Ballenger Creek, MD is a great place for affordable rent-to-own homes! With a median household income of over $94,385 and a median rent of $1,645, the Ballenger Creek, MD 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 Ballenger Creek, MD. 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 Ballenger Creek, MD
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Neighborhoods in Ballenger Creek, MD
Ballenger Creek rent to own homes Jefferson Place rent to own homesPopular Zip Codes in Ballenger Creek, MD
No zip codes foundBuying a Home in Ballenger Creek, MD
Ballenger Creek, MD is seeing rapid growth and Ballenger Creek, MD's' housing market remains not optimal with an average home price that is 30% above the 2024 national average. Ballenger Creek, MD is part of Frederick 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 Frederick is 0.88% which is below the national average, which is 0.99%.
Median Home Price in Ballenger Creek, MD
Median Rent in Ballenger Creek, MD
Top 7 Reasons to Live in Ballenger Creek, MD
Ample job opportunities! Find employment at one of several corporate and technology parks, such as Stanford Industrial Park, Westview Village or Wedgewood Business Park. You'll be well rewarded with an average income that's almost 20 percent higher than the national average.
Recreation opportunities are everywhere! Explore one of the nearby museums: the Schifferstadt Architectural Museum and Rose Hill Manor Park are both popular. Catch a show at the Maryland Ensemble Theater or cheer on the Frederick Keys at Harry Grove Stadium.
An exciting rental market! At $1,400 a month, the average rent in Ballenger Creek is a bit higher than the national average. That said, prices in that region are most likely to apply to a property in the Windview Road area and it's still possible to find cheaper digs around Crestwood Boulevard.
Great restaurants to satisfy every craving! Enjoy a top-notch dinner at one of the city's local restaurants. Tuck into traditional middle eastern fare at Mediterranean Grill, head to May's Restaurant for seafood or catch the game as you eat at Beef 'O' Brady's.
Downtown shopping! Stock up at local stores including South Mountain Veggies and Bimbo Bakeries or head to nearby Frederick to load up on fresh produce at the West Frederick Farmer's Market. On those cold mornings, grab a hot drink at the Baltimore Coffee and Tea Co.
Homeownership possibilities! The median value of a home in Ballenger Creek is around $263,000. Start your search along Eisenhower Drive and Cameron Way for properties around this price mark.
Enjoy the great outdoors! Ballenger Creek Park is a favorite local hangout with an array of amenities to keep you active. Enjoy lighted ball fields, multipurpose fields and horseshoe pits, or stroll along the nature trail before settling down to enjoy a picnic. The Sugarloaf Mountain Natural Area provides a range of outdoor activities.