Rent to own Homes in Frederick, MD
Fan of scary movies? Then you might be interested to know that the woods of western Frederick County were the setting for the Blair Witch Project. There's nothing scary about Frederick, Maryland, itself though - unless you're frightened of old buildings. The Schifferstadt is perhaps the oldest, dating all the way back to 1756 and built by one of the original German settlers Joseph Brunner. Rather fittingly, today it acts as the Schifferstadt Architectural Museum, helping to educate visitors about the history of the local area and its buildings.
Frederick, MD is a great place for affordable rent-to-own homes! With a median household income of over $78,400 and a median rent of $1,378, the Frederick, 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 Frederick, 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 Frederick, MD Property Resources
Rent to own Homes in Cities Near Frederick, 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 Frederick, MD
Bowers Park rent to own homes Millies Delight rent to own homes Monocacy Village rent to own homes Waterford rent to own homes Prospect View rent to own homes Riverside Corprate Park rent to own homes Cannon Bluff rent to own homes Barrick rent to own homes Carrollton rent to own homes Overlook rent to own homesBuying a Home in Frederick, MD
Frederick, MD is seeing rapid growth and Frederick, MD's' housing market remains not optimal with an average home price that is 27% above the 2024 national average. Frederick, MD is part of Frederick 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 Frederick is 0.88% which is below the national average, which is 0.99%.
Median Home Price in Frederick, MD
Median Rent in Frederick, MD
Top Reasons to Live in Frederick MD
Housing Statistics 53% of residential properties in Frederick are owned while 39% are rented (this includes rent to own homes) and 8% are vacant, while the residential turnover rate is 21%. Meanwhile, the average sales price for a house fell from $273,000 in Q4 2011 to $268,000 in Q4 2012, while the average median price declined from $251,000 to $240,000 over that same period.
Local Sports Baseball fans are well served in the city with two teams to support - the Frederick Keys and the Frederick Flying Dogs. The Keys are a minor league team who play their home games at the Harry Grove Stadium . They also have a great coyote mascot rather ingeniously called Keyote. The Flying Dogs, on the other hand, are a team of amateurs made up of old college players and former pros. For something completely different, why not throw yourself behind the local rugby team - or maybe get involved and throw yourself into it? The team is always looking for new members, and they even welcome people who don't know their hooker from their fly half.
Transport and Commutes 6.77% of Frederick residents take public transport to work, which is higher than the national average but still almost 2% less than the rest of Maryland. However, the mean travel time to work is also higher than the national average at just over 29 minutes. The city is also served well by commuter rail and coach services, helping link Frederick's different neighborhoods, as well providing transport to neighboring cities.
Local Restaurants Affordable dining is easily found in downtown Frederick. On Patrick Street alone, there's Sumittra, which serves classic Thai dishes, or Clay Oven, an authentic Indian restaurant that can please the most sensitive tastebuds. Meanwhile, Volt is slightly costlier, but most would agree that signature dishes like their goat cheese ravioli more than warrant the price.
Outdoor Activities The 44-acre Baker Park is a great place to spend a day outdoors, with several different playgrounds for children of all ages and a public swimming pool for cooling down on warm summer days. You can also reserve the tennis courts and baseball fields, so you can ace and home run your way through evenings and weekends. If your sport of choice is soccer or basketball, on the other hand, your interests are well served at the Centerville Recreation Center.