Rent to own Homes in Oxon Hill, MD
Oxon Hill is a small town of almost 18,000 located near the Potomac River just outside Washington, D.C. The area was named for the nearby colonial-era manor owned by Thomas Addison, though the area only received it own postal designation in the 1960s. Because the U.S. Postal Service and the Census Bureau define the borders of Oxon Hill differently, outsiders can be confused by local place names. Residents take it all in stride, enjoying life in this lovely town.
Oxon Hill, MD is a great place for affordable rent-to-own homes! With a median household income of over $88,718 and a median rent of $1,489, the Oxon Hill, 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 Oxon Hill, 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 Oxon Hill, MD Property Resources
Rent to own Homes in Cities Near Oxon Hill, 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 Oxon Hill, MD
No neighborhoods foundPopular Zip Codes in Oxon Hill, MD
20750 rent to own homesBuying a Home in Oxon Hill, MD
Oxon Hill, MD is seeing rapid growth and Oxon Hill, MD's' housing market remains not optimal with an average home price that is 25% above the 2024 national average. Oxon Hill, 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 Oxon Hill, MD
Median Rent in Oxon Hill, MD
Top 5 Reasons to Live in Oxon Hill, MD
Local restaurants to fulfill every craving! As you would expect of a small town in Maryland, Oxon Hill has a great crab place: the Crab Cake Cafe. Unlike some touristy restaurants along the harbor, this one serves authentic Maryland crab cakes along with gumbo and Old Bay fries. To satisfy a craving for Asian food, the Thai Pavilion and the Beijing Hunan Restaurant are both great choices. For dessert, Sweet Frog scoops up frozen yogurt with loads of toppings.
Real estate! for every budget! While homes in Washington D.C. sell for an average of $489,240, and typically go for more than the asking price, Oxon Hill is a much better value. The most expensive neighborhood in Kerby Hill has an average home value of $306,605, so you are certain to find a great bargain within easy reach of D.C. offices and nightlife. Glassmanor and the Livingston Road area also have rent to own options.
Great apartments at an affordable price! Oxon Hill has many townhome and apartment communities that are much more affordable than rentals in Washington D.C. Oxon Hill Village offers many floor plans, a fitness center and pool, all at a discount for police officers, teachers, and military personnel. For a quiet, wooded setting, try a townhome at Portobello Apartments.
Check out the unique local attractions! Oxon Hill is home to the National Children's Museum, a major learning and activity center in the D.C. metro area. Don't be fooled by the name, though: while the permanent exhibits are geared toward children under the age of eight, the museum hosts many more community activities and special events that adults can also enjoy. The museum is part of National Harbor, which also offers visitors rides on the Capital Wheel, water taxis, and a lovely carousel.
Lots of shopping choices! For deep discounts on major brand name clothes and housewares, head to the Tanger Outlets and shop to your heart's content. For everyday basics, the Rivertowne Commons has a Kmart, CVS and Staples all in one convenient location.