Rent to own Homes in Camp Springs, MD
Camp Springs is a charming town of approximately 20,000 residents located in central Maryland. Situated within colorful King Georges County, Camp Springs attracts many residents who are employed in varied professions and jobs in nearby Arlington and Alexandria, VA, and in Washington, D.C. Newcomers also move to this area because of its rich history, calm beauty and mild winter climate.
Camp Springs, MD is a great place for affordable rent-to-own homes! With a median household income of over $102,541 and a median rent of $1,981, the Camp Springs, 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 Camp Springs, 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 Camp Springs, MD
- Alexandria
- Andrews AFB
- Annandale
- Annapolis Junction
- Arlington
- Bailey's Crossroads
- Bladensburg
- Burke
- Capitol Heights
- Cedar Heights
- Cheltenham
- Chevy Chase
- Chevy Chase Village
- Clarksville
- Colmar Manor
- Dunn Loring
- Falls Church
- Forest Glen
- Fort George G Meade
- Fort Hunt
- Hughesville
- Jessup
- Kensington
- Kettering
- Kingstowne
- Layhill
- Mantua
- Marlow Heights
- Martin's Additions
- Maryland Park
- Mount Rainier
- Mount Vernon
- North Bethesda
- North Chevy Chase
- North Kensington
- Oakton
- Port Tobacco
- Potomac
- Riva
- Rockville
- Rosaryville
- Sandy Spring
- Severn
- Silver Spring
- Somerset
- Suitland
- Vienna
- Washington Navy Yard
- White Plains
- Woodmore
Neighborhoods in Camp Springs, MD
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Camp Springs, MD is seeing rapid growth and Camp Springs, MD's' housing market remains not optimal with an average home price that is 38% above the 2024 national average. Camp Springs, MD is part of Prince George's 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 Prince George's is 0.98% which is below the national average, which is 0.99%.
Median Home Price in Camp Springs, MD
Median Rent in Camp Springs, MD
Top 7 Reasons to Live in Camp Springs, MD
Available housing! In Camp Springs, 15 percent of residents live in rental homes compared with 17 percent statewide. Many new residents choose rent to own dwellings in town near Joint Base Andrews, the on-ground location of Air Force One.
Convenient location! Many residents of Camp Springs are employed by government offices or research and educational institutions in Washington or Arlington. For this reason, the town's easy access to the Capital Beltway and the Green Line metro train line enhances its popularity among new residential real estate buyers and renters.
Short commutes! The average resident of Camp Springs spends about 35 minutes commuting to work each day from well-known Branch Avenue or Allentown Road at the center of town. Living here means getting to and from work quickly and easily.
Lovely homes! Camp Springs offers a variety of residence styles and designs. Whether you prefer new construction, Cape Cod designs in the Trueman Heights subdivision, or more traditional Colonial style residences in the Westchester Estates neighborhood, this town offers them all.
Mild climate! The annual median temperature here is about 55 degrees. Snowfall during winter averages about 15 inches per year, which is typically no hindrance to travel by Washington Metro train service or on roadways in the Middleton Valley section.
Popular restaurants! One highly recommended restaurant in Camp Springs is Topolino, which serves fine Italian cuisine and seafood. Don't forget to try their popular and delicious Sunday brunch! There's also a Domino's Pizza on Old Branch Avenue, a popular thoroughfare for residents and visitors alike.
Many recreation opportunities! Many residents of Camp Springs exercise regularly at Oh! Fitness gym. Available sports and recreational activities in the area include rafting and kayaking at Potomac Paddlesports and training sessions at Lloyd Irvin Mixed Martial Arts Academy. Instructors are accomplished black belt global champions, and the academy's team competes often, winning high awards and acclaim.