Rent to own Homes in Catonsville, MD
Home and Retail Shopping: With an estimated median home and condo value being around $301,736, residents can own a nice home in a great shopping area. The Westview Mall, at 5860 Baltimore National Pike, is a general shopping center which boasts a Lowe's, Value City, and even a cinema so you can catch a movie while you're out getting errands accomplished. There are also other shops here, in addition to the more than 130 other shopping destinations within the city limits.
Catonsville, MD is a great place for affordable rent-to-own homes! With a median household income of over $91,539 and a median rent of $1,425, the Catonsville, 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 Catonsville, 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 Catonsville, MD Property Resources
Rent to own Homes in Cities Near Catonsville, MD
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- Clarksville
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- Curtis Bay
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- Dundalk
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- Takoma Park
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Neighborhoods in Catonsville, MD
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Catonsville, MD is seeing rapid growth and Catonsville, MD's' housing market remains not optimal with an average home price that is 46% above the 2024 national average. Catonsville, MD is part of Baltimore 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 Baltimore is 0.87% which is below the national average, which is 0.99%.
Median Home Price in Catonsville, MD
Median Rent in Catonsville, MD
Top 8 Reasons to Live in Catonsville
Great Rentals Mean More Dining Options: With the average gross rental in Catonsville going for only $1,195, the residence here can afford to splurge on dining out at places like the Candlelight Inn on Frederick Road. This beautiful place is great to take a loved one for that special occasion with various cuisine on the menu. Cafe Roma on Edmondson Avenue is a nice quiet eatery which has great coffee and traditional Italian bakery items.
Apartments in the area: Mount Ridge and Old Orchard Apartments are two separate complexes located fairly close to the downtown district and have various amenities. The Baltimore National Pike doubles as Edmondson Avenue, depending on which end of town you are at, and both apartment complexes are very near to this main thoroughfare. Finding apartments for rent in this beautifully scenic area of Maryland is relatively simple with the right information.
History of Catonsville: Located near Chesapeake Bay and near to the Piscataway Trail, Catonsville is believed to have been occupied principally by the Piscataway tribe of Native Americans; however, diseases that were brought in by the settling colonists along with the hunting of natives for the slave trade are two major incidents that eventually led to this tribe leaving the area and seeking the security of the Iroquois nation.
Parks in the Catonsville area: Catonsville Community Park on North Rolling Road, as well as Patapsco Valley State Park on Hilton Avenue, is a great place to get away for the day. Patapsco has a camp ground for those that wish to have a longer get away. Rest and relax in the comfort of the forests and swim at the lake to cool off from the heat of the summer.
Annual Catonsville Events: Every June, the Catonsville chapter of the American Cancer Society sponsors the Relay for Life event. The Sailors for Soldiers 5K run also is an annual event that takes place near the end of March each year.
Sports and other recreation: Soccer, basketball, and flag football are just a few of the different sports offered from Goals Baltimore, Inc., a special place dedicated to keeping youth and adults alike active and balanced. Located at 6159 Edmondson Avenue, they have leagues that form throughout the year for individuals to maintain their fitness goals.
Concert Venues: Rams Head Tavern on West Street is home to many different acts throughout the year. Another great concert venue is The Fillmore Silver Spring, located on Colesville Road, which has outdoor concert series during the summer months.