Rent to own Homes in Fort Washington, MD
Sitting right along the Potomac River, at the intersection of Interstates 295 and 95 just south of Washington DC, Fort Washington is a beautiful riverside community with a variety of attractions. Here you will find the National Harbor, as well as numerous green spaces, shopping opportunities and recreational areas. A census-designated place, it is named after the historic Fort Washington, a 200-year-old fort meant to protect the nation's capital from enemies coming up the Potomac.
Fort Washington, MD is a great place for affordable rent-to-own homes! With a median household income of over $122,206 and a median rent of $2,253, the Fort Washington, 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 Fort Washington, 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 Fort Washington, MD
- Alexandria
- Andrews AFB
- Annandale
- Arlington
- Bailey's Crossroads
- Braddock
- Burke
- Burke Centre
- Capitol Heights
- Cedar Heights
- Cheltenham
- Cherry Hill
- Chevy Chase
- Chevy Chase Village
- Difficult Run
- Dumfries
- Dunn Loring
- Fairfax
- Fairfax Station
- Falls Church
- Forest Glen
- Fort Hunt
- Hughesville
- Kettering
- Kingstowne
- Layhill
- Leesylvania
- Mantua
- Marlow Heights
- Martin's Additions
- Maryland Park
- Mount Rainier
- Mount Vernon
- Nanjemoy
- North Bethesda
- North Chevy Chase
- North Kensington
- North Potomac
- Oakton
- Port Tobacco
- Potomac
- Rockville
- Rosaryville
- Sandy Spring
- Somerset
- Travilah
- Union Mill
- Vienna
- Washington Navy Yard
- White Plains
Neighborhoods in Fort Washington, MD
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Fort Washington, MD is seeing rapid growth and Fort Washington, MD's' housing market remains not optimal with an average home price that is 71% above the 2024 national average. Fort Washington, 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 Fort Washington, MD
Median Rent in Fort Washington, MD
5 Reasons to Live in Fort Washington, Maryland
The National Harbor! You can easily spend a full day at the harbor - whether you're appreciating "The Awakening," loving the views or partaking in events like the yearly Beer, Bourbon & BBQ festival, the National Harbor is a hotbed of activity. There is something for everyone, with performances, a Farmer's Market in the summer and fall, and a Holiday Market in the late fall.
Space to stretch! Ninety-five percent of the housing units in Fort Washington are single-family, detached houses, so you'll have a little buffer between houses. A neighborhood such as Wharton's Rest is a good area to start your search for a single home. If you want an apartment, don't worry; there are still a handful of them available in complexes such as River Pointe.
Life along the river! There are plenty of benefits to living right along the Potomac - fishing and boating opportunities are right there whenever you want to enjoy them. Hike through Fort Foote Park, or push in from Tantallon Marina or the boat launches at Fort Washington Marina. Even if you don't care for the water, Fort Washington has plenty of parks inland for recreation.
Modern amenities abound! Just because the area is historic doesn't mean you have to settle for an outdated home. The overwhelming majority - 73 percent - of homes in Fort Washington have been constructed since 1970, meaning you'll have plenty of modern layouts and conveniences to choose from when looking at rent to own homes. Areas like Trent Hall and Tantallon North offer a wide variety of choices.
Vibrant nightlife! Whether it is grabbing a bite, enjoying some cocktails or taking in shows, Fort Washington has plenty to do when the sun goes down. Try some international fare, such as the Caribbean classics served up at SaPoDilla's or traditional Thai at Bangkok Golden. Afterwards, hit up Bobby McKey's for a drink and some piano tunes or catch the Tantallon Community Players' latest show at the John Addison Concert Hall.