Rent to own Homes in Milford Mill, MD

Located in Baltimore County, Milford Mill is an unincorporated community with a population of nearly 30,000. Although the true name of the city is "Milford," local townspeople added the word "Mill" because of an old mill that was once located in the community. Milford is home to two official neighborhoods: Windsor Mill and Rockdale. Windsor Mill is the commercial hub of the town with numerous shops and restaurants, while Rockdale is more residential.

Milford Mill, MD is a great place for affordable rent-to-own homes! With a median household income of over $65,229 and a median rent of $1,378, the Milford Mill, 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 Milford Mill, 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.

Check out Milford Mill, MD rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
1 of 105 2816 9 Mile Cir
Rent To Own
 
Townhouse/Condo
Catonsville, MD 21228
2
2
876 ft2
1850
1 of 62 2107 LYNDHURST AVE
Rent To Own
 
Townhouse/Condo
Baltimore, MD 21216
3
1
1751 ft2
1920
3422 W CATON AVE
Rent To Own
Saint Joseph's
Townhouse/Condo
Baltimore, MD 21229
3
3
1759 ft2
1920
1 of 26 513 S CATON AVE
Rent To Own
Gwynns Falls
Single Family Home
Baltimore, MD 21229
2
1
1392 ft2
1920
2204 CHRISTIAN ST
Rent To Own
Bentalou - Smallwood
Multifamily (5+ Units)
Baltimore, MD 21223
2
1
840 ft2
1920
1 of 108 1101 SAINT PAUL ST
Rent To Own
Mid-Town Belvedere
Townhouse/Condo
Baltimore, MD 21202
2
2
1196 ft2
1 of 102 6708 TRANQUIL WAY
Rent To Own
 
Townhouse/Condo
Elkridge, MD 21075
3
3
1760 ft2
1999
1433 E FEDERAL ST
Rent To Own
Oliver
Multifamily (5+ Units)
Baltimore, MD 21213
3
3
0 ft2
1920
805 ARNOLD CT
Rent To Own
Gay Street
Multifamily (5+ Units)
Baltimore, MD 21205
3
3
200 ft2
1974
1 of 72 7216 DORCHESTER WOODS LN
Rent To Own
 
Townhouse/Condo
Hanover, MD 21076
3
3
2310 ft2
2011
7132 EDEN BROOK DR
Rent To Own
Kings Contrivance
Townhouse/Condo
Columbia, MD 21046
4
4
1752 ft2
1987
809 N LUZERNE AVE
Rent To Own
Madison - Eastend
Multifamily (5+ Units)
Baltimore, MD 21205
3
2
630 ft2
1920
1 of 32 1500 GLEN KEITH BLVD
Rent To Own
Towson
Townhouse/Condo
Towson, MD 21286
3
2
1440 ft2
1958
1 of 34 1808 REDWOOD AVE
Rent To Own
 
Single Family Home
Parkville, MD 21234
2
1
1168 ft2
1942
1 of 26 5493 CEDONIA AVE
Rent To Own
Cedonia
Townhouse/Condo
Baltimore, MD 21206
3
2
1152 ft2
1959
5500 RITTER AVE
Rent To Own
Frankford
Single Family Home
Baltimore, MD 21206
4
3
2170 ft2
1928
4911 GREENCASTLE RD
Rent To Own
 
Single Family Home
Laurel, MD 20707
5
4
2815 ft2
1985
7818 RENSHAW RD
Rent To Own
 
Single Family Home
Pasadena, MD 21122
4
3
1192 ft2
1986
358 HALL RD
Rent To Own
 
Single Family Home
Crownsville, MD 21032
4
3
2000 ft2
1990
3330 N Leisure World Blvd APT 603
Rent To Own
 
Single Family Home
Silver Spring, MD 20906
1
1
850 ft2
1989
12701 WOODMORE RD
Rent To Own
 
Single Family Home
Bowie, MD 20721
7
8
12000 ft2
2007
5604 29TH AVE
Rent To Own
 
Single Family Home
Hyattsville, MD 20782
2
1
804 ft2
1940
2431 ISLAND BRANCH RD
Rent To Own
 
Single Family Home
White Hall, MD 21161
4
3
1344 ft2
1998
3133 FORT LINCOLN DR NE
Rent To Own
Woodridge - Fort Lincoln
Single Family Home
Washington, DC 20018
4
4
2590 ft2
2017
612 EASTERN AVE NE #C3
Rent To Own
 
Townhouse/Condo
Washington, DC 20019
2
1
466 ft2
1952
548 WINDING ROSE DR
Rent To Own
West Rockville
Townhouse/Condo
Rockville, MD 20850
2
4
2244 ft2
1997
9514 OLD GEORGETOWN RD
Rent To Own
 
Single Family Home
Bethesda, MD 20814
4
3
2585 ft2
1954
419 LARCHMONT AVE
Rent To Own
 
Single Family Home
Capitol Heights, MD 20743
3
3
2016 ft2
1948
4200 CATHEDRAL AVE NW #404
Rent To Own
Cathedral - Wesley Heights - McLean Gardens
Townhouse/Condo
Washington, DC 20016
1
1
716 ft2
1957
1414 22ND ST NW #6
Rent To Own
Dupont Circle
Townhouse/Condo
Washington, DC 20037
2
2
1052 ft2
2005
12006 Wisteria Dr
Rent To Own
 
Single Family Home
Germantown, MD 20874
4
3
1320 ft2
1989
12006 Sky Blue Dr
Rent To Own
 
Single Family Home
Germantown, MD 20874
4
3
2020 ft2
1989
950 25th St NW #605N
Rent To Own
Foggy Bottom - GWU - West End
Single Family Home
Washington, DC 20037
1
1
0 ft2
1966
429 N St SW #S-700
Rent To Own
 
Single Family Home
Washington, DC 20024
1
1
550 ft2
1966
1211 S EADS ST #607
Rent To Own
Crystal City Shops
Townhouse/Condo
Arlington, VA 22202
1
1
641 ft2
1989
3800 FAIRFAX DR #1512
Rent To Own
 
Townhouse/Condo
Arlington, VA 22203
1
1
1110 ft2
1974
1 of 89 4600 S FOUR MILE RUN DR
Rent To Own
 
Townhouse/Condo
Arlington, VA 22204
1
1
828 ft2
1965
1 of 25 2811 CLAYBROOKE DR
Rent to Own Eligible
 
Single Family Home
Windsor Mill, MD 21244
3
2
1514 ft2
1996
1 of 168 3624 LANGREHR RD
Rent to Own Eligible
 
Single Family Home
Windsor Mill, MD 21244
4
1
1260 ft2
1950
1 of 67 3209 RIPPLE RD
Rent to Own Eligible
 
Single Family Home
Windsor Mill, MD 21244
3
3
2400 ft2
1966
7402 Chadwell Cir
Rent to Own Eligible
 
Townhouse/Condo
Baltimore, MD 21244
3
2
0 ft2
1 of 74 7908 MILBURY RD
Rent to Own Eligible
 
Single Family Home
Windsor Mill, MD 21244
3
2
1612 ft2
1958
1 of 53 8306 HILMAR CT
Rent to Own Eligible
 
Townhouse/Condo
Windsor Mill, MD 21244
3
2
1080 ft2
1965
1 of 61 8004 ARROWHEAD RD
Rent to Own Eligible
 
Single Family Home
Pikesville, MD 21208
4
4
2130 ft2
1962
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21244 rent to own homes

Buying a Home in Milford Mill, MD

Milford Mill, MD is seeing rapid growth and Milford Mill, MD's' housing market remains not optimal with an average home price that is 1% above the 2024 national average. Milford Mill, 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 Milford Mill, MD

Median Rent in Milford Mill, MD

Rent to own homes offer low monthly payments and flexible terms.

Top 5 Reasons to Live in Milford Mill, MD

it's the best time to invest! Since 2009 when the median list price for a single family home in Milford Mill was nearly $230,000, prices have seen a sharp decline to their current level of $165,000. The median sale price has also fallen to a low of $149,231. As a result, buyers are able to get a great home in a neighborhood where values are poised to increase. If you're not ready to buy outright, look for a rent to own home in an area like Richwood Avenue or Greengage Road.

Home values rising! When purchasing a home, it is important to find a property that will retain and grow its value. The median home value in Milford Mill has risen 4.6 percent to $178,100 since 2013 and is expected to continue to increase 2.2 percent in 2015. The best buys can be had in neighborhoods like Johnny Cake Road and Windsor Mill Road.

Excellent shopping! Head to the Rockdale neighborhood of Milford Mill for the best shopping in the city. For groceries, you can't go wrong with the selection of natural and organic food offered at Shoppers Food & Pharmacy, while the Milford Mill Shopping Center is a 41,644-square-foot facility that has more than 30 stores.

Recreational activities abound! Head straight for Liberty Lake in Milford Mill for a summer respite from the heat. In addition to boating and kayaking, relax on the sandy shore and work on your tan or enjoy a picnic at one of the numerous tables. For more traditional sports, the Milford Mill Parks and Recreation Department coordinates numerous youth and adult leagues in basketball, baseball, football and even frisbee golf throughout the year.

Delicious seafood! Located just minutes from downtown Baltimore and the harbor, Milford Mill is known for serving the best and freshest seafood. The Windsor Inn Crab House is known for the best crabs in the city. Head to Hip Hop Fish & Chicken for a fried concoction of any fillet you could imagine.