Rent to own Homes in Severn, MD
Your Choice of Health Care! Severn is surrounded by large hospitals and private physician clinics. In fact, some of the nation's top hospitals are here, namely John Hopkins and the Baltimore-Washington Medical Center.
Severn, MD is a great place for affordable rent-to-own homes! With a median household income of over $109,948 and a median rent of $1,739, the Severn, 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 Severn, 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 Severn, MD Property Resources
Rent to own Homes in Cities Near Severn, MD
- Andrews Air Force Base
- Annapolis Junction
- Arden on the Severn
- Arnold
- Berwyn Heights
- Brentwood
- Brown Station
- Burtonsville
- Calverton
- Cedar Heights
- Chillum
- Clarksville
- Cloverly
- Colesville
- College Park
- Cooksville
- Coral Hills
- Crofton
- Croom
- Curtis Bay
- Dayton
- District Heights
- East Riverdale
- Edgewater
- Edmonston
- Fairland
- Fairmount Heights
- Fairwood
- Forest Glen
- Fort Meade
- Gambrills
- Glenn Dale
- Halethorpe
- Hanover
- Herald Harbor
- Hunt Valley
- Landover Hills
- Layhill
- Linthicum Heights
- Maryland Park
- North Kensington
- Phoenix
- Riverdale
- Riverdale Park
- Sandy Spring
- Sparrows Point
- Springdale
- West Friendship
- Windsor Mill
- Woodbine
Neighborhoods in Severn, MD
No neighborhoods foundBuying a Home in Severn, MD
Severn, MD is seeing rapid growth and Severn, MD's' housing market remains not optimal with an average home price that is 70% above the 2024 national average. Severn, MD is part of Anne Arundel 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 Anne Arundel is 0.66% which is below the national average, which is 0.99%.
Median Home Price in Severn, MD
Median Rent in Severn, MD
Top 9 Reasons to Live in Severn
Perfect Place for a Workout! If you're looking for a bit of inspiration while you work out, join Planet Fitness. Here you can train with a personal trainer or take part in special classes. If you're really looking to push yourself to the limit check out CrossFit BWI.
A Variety of Eateries! There are many restaurants in the Severn and they are highly sought after by local and neighboring residents. The most popular restaurants in the area are China Sea Restaurant and Gianni's Pizza. What locals love about China Sea is that they deliver!
Many Rent to Own Options! Looking for a rent to own home? Well, Look no further -- especially when the vacancy rate is 6.57%! Some of the best rent to own houses are located near Arundel Mills mall and Baltimore-Washington International Thurgood Marshall Airport.
Affordable Home Rentals! Renting a home in Severn is just as easy as renting an apartment. Most rental homes in Severn rent for under $1,700 per month. Many of these homes are concentrated near Severn Run Natural Environment Area. After you do some exploring, head to Zandi's Grill to fill your stomach -- people love the burgers!
A Variety of Properties to Choose From! You will find a variety of rental properties here ranging from wood-sided two-bedroom, one-story homes to four-bedroom two-bath luxury homes in Disney Estates. When you get tired of being home, head over to nearby Jessup-Provinces Park and Lake Marion.
Get Your Coffee Fix! Head over to Bean Rush Cafe or Bagels N Grinds for your morning coffee, and get to know the locals. People love the latte art at Bean Rush Cafe, and the bagel sandwiches are a favorite.
Become a homeowner! If you want to buy a property in Severn, get in line! 77.40% of residents are homeowners, which means people come to stay in Severn. Start your search in Town Center or around Steward Corner to find the best deals on your dream home.
Great Below-Market Prices! The price of homes in this area fluctuate, but they are very competitive. Those who need a lot of space often come here to buy huge homes. A three-bedroom home can set you back $300,000 whereas a six-bedroom five-bath home can set you back $660,000. Some of the most luxurious homes are in areas near Severn-Danza Park and Arundel Golf Park.