Rent to own Homes in Brooklyn Park, MD
Located south of Baltimore, along Patapsco River, Brooklyn Park is part of Anne Arundel County. This census-designated place (CDP) of 4.3 miles is home to 14,373 people, according to the 2010 census. Brooklyn Park has its own share of interesting tidbits of history, starting with Native Americans, and later on, European settlers. Today, what used to be a hunting ground for early settlers has transformed into a bustling community surrounded by Baltimore's rapid growth.
Brooklyn Park, MD is a great place for affordable rent-to-own homes! With a median household income of over $66,329 and a median rent of $1,285, the Brooklyn Park, 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 Brooklyn Park, 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.
More Brooklyn Park, MD Property Resources
Rent to own Homes in Cities Near Brooklyn Park, MD
- Annapolis
- Annapolis Junction
- Arbutus
- Ashton-Sandy Spring
- Baldwin
- Baltimore Highlands
- Bel Air North
- Beltsville
- Bowie
- Bowleys Quarters
- Brooklyn Park
- Cape St. Claire
- Carney
- Catonsville
- Clarksville
- Cockeysville
- Columbia
- Cooksville
- Crownsville
- Curtis Bay
- Dayton
- Eldersburg
- Elkridge
- Ellicott City
- Fallston
- Ferndale
- Forest Hill
- Fulton
- Glenwood
- Halethorpe
- Hampstead
- Hampton
- Hanover
- Highland
- Hunt Valley
- Hydes
- Ilchester
- Jarrettsville
- Lanham
- Linthicum Heights
- Lutherville Timonium
- Nottingham
- Parkton
- Phoenix
- Sparrows Point
- Upper Falls
- West Friendship
- White Hall
- Windsor Mill
- Woodbine
Neighborhoods in Brooklyn Park, MD
No neighborhoods foundPopular Zip Codes in Brooklyn Park, MD
21225 rent to own homesBuying a Home in Brooklyn Park, MD
Brooklyn Park, MD is seeing rapid growth and Brooklyn Park, MD's' housing market remains optimal with an average home price that is -4% below the 2024 national average. Brooklyn Park, MD is part of Anne Arundel 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 Anne Arundel is 0.66% which is below the national average, which is 0.99%.
Median Home Price in Brooklyn Park, MD
Median Rent in Brooklyn Park, MD
Top 5 Reasons to Live in Brooklyn Park
Recreation programs! There's never any boring day in this community because Brooklyn Park has diverse recreational program for people of all ages. Interested in arts & crafts? There's the Ceramics Workshop for Parent and Tot or Craft and Play Hour at the North County Recreation Center. Want to polish that dance moves? There's also the Fall & Winter Dance Classes.
Athletics: This small community takes its athletics program seriously as evidenced by the number of sports facilities and programs that abound. For one, the Brooklyn Park Youth Athletic Association organizes leagues and tournaments for popular sports like baseball, basketball, soccer, and softball. In addition, parks like the Arundel Village Park and nearby centers like Arundel Olympic Swim Centers have facilities that cater to sports-inclined residents.
Cheap property tax: Property tax rate in Brooklyn Park is lower than the national average, which contributes to a more stable housing market. That's why many home buyers and real estate property investors will find neighborhoods within Brooklyn Park, like Arundel Gardens and Brooklyn Heights, a good hunting place for rent to own deals.
Easy access to everywhere. This CDP is bordered by Maryland Route 648 to the west, Interstate 895 to the north, and Interstate 695 to the south, which makes going to and fro neighboring areas like Ferndale, Glen Burnie, and Dundalk quite easy for Brooklyn Park residents. In addition, the Maryland Transit Administration operates Bus 014, which commences at Ritchie & 11th Ave to transfer commuters to Buses 008, 036, and 064 to get to Baltimore.
Over-the-ceiling appreciation rate! Brooklyn Park reports real estate appreciation rate that tracks higher compared to most areas in Maryland and the country as a whole for the last 10 years. Neighborhoods like Pumphrey, Belle Grove Road, and Ritchie Highway, in particular, have the highest appreciation rate in this community, making properties in this area sound investment choices.