Rent to own Homes in Clarksburg, MD
Situated in the northern part of Montgomery County, Clarksburg is a census-designated place with a population in excess of 13,000 inhabitants. Clarksburg covers an area of just over eight square miles, the vast majority being land. It takes about 40 minutes to drive from the CDP to Washington DC, making this an attractive area for anyone who needs to work in the capital from time to time. The unincorporated settlement also has better air quality than the national average.
Clarksburg, MD is a great place for affordable rent-to-own homes! With a median household income of over $149,173 and a median rent of $2,110, the Clarksburg, 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 Clarksburg, 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 Clarksburg, MD Property Resources
Rent to own Homes in Cities Near Clarksburg, MD
- Ashton-Sandy Spring
- Braddock
- Burnt Mills
- Clarksville
- Cooksville
- Damascus
- Dayton
- Dickerson
- Difficult Run
- Eldersburg
- Flower Hill
- Four Corners
- Fulton
- Great Falls Crossing
- Highland
- Hutchison
- Ijamsville
- Kincora
- Kings Park
- Kings Park West
- Konterra
- Langley Park
- Laytonsville
- Lincolnia
- Linganore
- Long Branch
- Lowes Island
- Merrifield
- Moorefield
- Mount Airy
- Navy
- One Loudoun
- Pimmit Hills
- Ravensworth
- Sandy Spring
- Seven Corners
- Springfield
- Sterling
- Stone Ridge
- Sykesville
- Takoma Park
- Union Mill
- University Park
- Walkersville
- Washington
- Waterford
- West Friendship
- Wheaton
- White Oak
- Woodbine
Neighborhoods in Clarksburg, MD
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Clarksburg, MD is seeing rapid growth and Clarksburg, MD's' housing market remains not optimal with an average home price that is 136% above the 2024 national average. Clarksburg, MD is part of Montgomery 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 Montgomery is 0.76% which is below the national average, which is 0.99%.
Median Home Price in Clarksburg, MD
Median Rent in Clarksburg, MD
Top 7 Reasons to Live in Clarksburg, MD
The modern housing stock! From Springtown Road, in the heart of Clarksburg, to Piedmont Road in the easternmost part of the CDP, over three-quarters of the real estate in this community was built after 2000. This proportion of modern houses is much more than the average for Maryland, making Clarksburg popular among both owner-occupiers and rent to own investors.
The public transport! Clarksburg is on two frequently operated ride-on bus routes -- #75 and 94. Bus stops can be found on Clarksburg Road, Clarks Crossing Drive and Stringtown Road.
The great parkland! Ovid Hazen Wells Recreational Park is a gem of a park in the eastern side of Clarksburg. Located on the corner of Piedmont Road and Skylark Road, it is a 290-acre facility with ball fields, play areas, and picnic spots, which are available to rent.
The great communications! Interstate 270 passes through the middle of Clarksburg, with an intersection that connects it with Clarksburg Road. In the south, it runs through a section of Black Hill Regional Park, which partly lies within the CDP's limits.
The sporting facilities! Clarksburg has a superb gym located on Gateway Center Drive. There is also a karate club, which meets on Chestnut Branch Way. Just to the north of the CDP -- near Little Bennett Regional Park -- there is a top-notch riding school.
The diversity of accommodation! Although rental homes are available in Clarksburg -- most are centrally located around North Frederick Road -- the majority of houses are privately owned. The CDP has a higher-than-average number of four and five bedroom properties, especially on roads like Overlook Park Road, near Kings Park.
The places to eat! Most of the eateries in Clarksburg are clustered around Springtown Road, including China Spring, which serves tasty and well-prepared dishes. Alternatively, try Bennigan's or Clarksburg Deli and Grille, which are both located on North Frederick Road.