Rent to own Homes in Dundalk, MD
Reasonably priced real estate! The median home value is a very reasonable $157,538 compared to the state value of $287,100. This makes finding reasonably priced rent to own homes much easier in neighborhoods like Eastfield and Dunmanway.
Dundalk, MD is a great place for affordable rent-to-own homes! With a median household income of over $55,489 and a median rent of $1,178, the Dundalk, 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 Dundalk, 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 Dundalk, MD Property Resources
Rent to own Homes in Cities Near Dundalk, MD
- Annapolis
- Annapolis Junction
- Arbutus
- Baldwin
- Baltimore Highlands
- Bel Air
- Bel Air North
- Belcamp
- Bowleys Quarters
- Brooklyn Park
- Cape St. Claire
- Carney
- Catonsville
- Churchville
- Cockeysville
- Columbia
- Crownsville
- Curtis Bay
- Eldersburg
- Elkridge
- Ellicott City
- Fallston
- Ferndale
- Forest Hill
- Georgetown
- Glen Arm
- Halethorpe
- Hampton
- Hanover
- Hunt Valley
- Hydes
- Ilchester
- Jarrettsville
- Joppatowne
- Kingsville
- Linthicum Heights
- Lutherville Timonium
- Nottingham
- Parkton
- Parkville
- Perryman
- Phoenix
- Rosedale
- Sparrows Point
- Tolchester
- Upper Falls
- White Hall
- White Marsh
- Windsor Mill
- Woodstock
Neighborhoods in Dundalk, MD
Saint Helena rent to own homesPopular Zip Codes in Dundalk, MD
21222 rent to own homesBuying a Home in Dundalk, MD
Dundalk, MD is seeing rapid growth and Dundalk, MD's' housing market remains optimal with an average home price that is -28% below the 2024 national average. Dundalk, 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 Dundalk, MD
Median Rent in Dundalk, MD
Top 14 Reasons to Live in Dundalk
Catch a game! As a Baltimore suburb, Dundalk has easy access to both Camden Yards, home of the Orioles, and M&T Bank Stadium, home of the Ravens. Baltimore also has a professional soccer team, the Blast, and lacrosse team, the Bayhawks.
Live on the water! Dundalk sits right on one of the Chesapeake Bay inlets, offering plentiful water views and boat slip access. The largest neighborhood in Dundalk, Northpoint/Bear Creek Junction, has a long shore line and plenty of rent to own houses available. In Sollers Point you are on a peninsula extending into the bay.
Appreciate the arts! The Baltimore Museum of Art displays more than 90,000 pieces, including classics by masters such as Picasso, Matisse and Renoir. The Walters Art Museum is home to an internationally renowned collection that spans the ages.
Reside in a comfortable rowhome! In Dundalk, most properties are rowhomes, which have several benefits. For one, it helps keep cooling and heating costs low, and you often enjoy more walkable neighborhoods in areas where rowhomes are the norm. Check out rent to own options in Stanbrook or Gray Manor to see some of the individual styles that make every Dundalk neighborhood unique.
Fun with flora, fauna and fish! The National Aquarium in Baltimore has award winning displays of both native and exotic species of fish, in carefully created imitation natural habitats. The Baltimore Zoo lets you get up close with the animals at its petting zoo, and also has many large predators and exotic animals for visitors to appreciate.
Enjoy house hunting! Lots of inventory and a slower real estate market puts the advantage on the buyer's side. Feel free to take your time and look at numerous options before deciding on your next house. The median listing time is more than two months, 73 days to be exact, so you will have plenty of time to make an offer on a house in Graceland or off of Wise Ave.
Playing at the park! The 4 state parks within easy driving distance give new meaning to playing at the park. Gunpowder State Falls Park is part of the Appalachian Trail for serious hikers, while the Patapsco Valley State Park extends along 32 miles of the Patapsco River, making all sorts of water sports available.
Lots of space at a reasonable price! Approximately 70 percent of all Dundalk homes are three or more bedrooms. Some may also come with bonus rooms that convert easily into offices or craft rooms. View some properties in Inverness or Charlesmont to see some of the spacious accommodations on offer.
Enjoy independent movie theaters! Dundalk has easy access to several independent theaters, including the largest continuously operated movie screen in the U.S. at Bengies Drive-In Theater. The Senator Theater offers a classic viewing experience with the red velvet curtain, box seats and real butter on the popcorn.
Lower cost of living! Compared to the national average, the cost of living in Dundalk is 3.6 percent lower. Baltimore County property taxes are also on the lower end. There have been no increases for more than 25 years. Look at properties along Boston Street or Merritt Blvd to see how far your dollar can go.
Home of the horse lover! In the areas surround Dundalk there are more than 140 thoroughbred farms, and the Preakness, one of the three Triple Crown races, calls Pimlico Race Track home. Laurel Park also hosts live horse racing.
Reasonable rentals and lots of variety! The median rental price is only $831, and the options are almost endless. Many individual home owners choose to rent out their property, giving renters the option to find single family homes, condos, hi-rise apartments and more, all in this Baltimore suburb.
Famous annual events! Dundalk's Heritage Fair was named the second best U.S. community celebration, and the Baltimore Convention Center is home to Otakon, the second largest east Asian culture appreciation convention in the U.S., bringing in more than 32,000 attendees annually.