Rent to own Homes in Hampton, MD
Hampton, MD is a great place for affordable rent-to-own homes! With a median household income of over $153,268 and a median rent of $3,295, the Hampton, 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 Hampton, 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 Hampton, MD Property Resources
Rent to own Homes in Cities Near Hampton, MD
- Abingdon
- Annapolis Junction
- Arbutus
- Arden on the Severn
- Arnold
- Baldwin
- Baltimore Highlands
- Bel Air South
- Belcamp
- Brooklyn Park
- Cape St. Claire
- Catonsville
- Churchville
- Curtis Bay
- Dundalk
- Edgewood
- Essex
- Fawn Grove
- Forest Hill
- Fort Meade
- Freeland
- Gambrills
- Garrison
- Halethorpe
- Hanover
- Harmans
- Herald Harbor
- Honeygo
- Hunt Valley
- Hydes
- Joppa
- Linthicum Heights
- Maryland City
- Middle River
- Millersville
- Monkton
- New Freedom
- Owings Mills
- Parkton
- Phoenix
- Pikesville
- Pleasant Hills
- Reisterstown
- Severna Park
- Sparks Glencoe
- Sparrows Point
- Street
- Upper Falls
- Whiteford
- Windsor Mill
Neighborhoods in Hampton, MD
No neighborhoods foundPopular Zip Codes in Hampton, MD
21286 rent to own homesBuying a Home in Hampton, MD
Hampton, MD is seeing rapid growth and Hampton, MD's' housing market remains not optimal with an average home price that is 124% above the 2024 national average. Hampton, 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%.