Rent to own Homes in Towson, MD
Great place to rent! If you're considering rentals or rent to own homes in Maryland, Towson is a great place to look. Nearly 38% of all homes in the area are rented. If you end up there, you could be living near beautiful Robert E. Lee Park or the Hampton National Historic Site.
Towson, MD is a great place for affordable rent-to-own homes! With a median household income of over $90,951 and a median rent of $1,488, the Towson, 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 Towson, 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 Towson, MD Property Resources
Rent to own Homes in Cities Near Towson, MD
- Annapolis Junction
- Baldwin
- Belcamp
- Churchville
- Curtis Bay
- Dundalk
- Edgemere
- Essex
- Forest Hill
- Fort George G Meade
- Garrison
- Glen Burnie
- Halethorpe
- Hanover
- Hunt Valley
- Hydes
- Jessup
- Lake Shore
- Lansdowne
- Linthicum
- Linthicum Heights
- Lutherville
- Lutherville Timonium
- Maryland City
- Mays Chapel
- Middle River
- Millersville
- New Park
- Nottingham
- Overlea
- Owings Mills
- Parkton
- Pasadena
- Perry Hall
- Phoenix
- Pikesville
- Reisterstown
- Riviera Beach
- Rossville
- Scaggsville
- Severn
- Severna Park
- Sparrows Point
- Stewartstown
- Timonium
- Towson
- Upper Falls
- Whiteford
- White Hall
- Windsor Mill
Neighborhoods in Towson, MD
Towson Manor Village rent to own homes West Towson rent to own homes Rodgers Forge rent to own homes Southland Hills rent to own homes Wiltondale rent to own homes Anneslie rent to own homes Stoneleigh rent to own homes Idlewydle rent to own homes Armagh Village rent to own homes Greenbrier rent to own homesPopular Zip Codes in Towson, MD
21284 rent to own homes 21285 rent to own homes 21204 rent to own homes 21252 rent to own homesBuying a Home in Towson, MD
Towson, MD is seeing rapid growth and Towson, MD's' housing market remains not optimal with an average home price that is 69% above the 2024 national average. Towson, 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 Towson, MD
Median Rent in Towson, MD
Top 11 Reasons to Live in Towson
Great dining! If you love to eat, you can do it well in Towson. The city is home to great restaurants like Village Square Cafe Towson or Spice and Dice Thai Restaurant.
It's sought after! If you want to live somewhere where a lot of people want to live, Towson's the place to do it. The vacancy rate there is only about 8%. If you end up living in Towson, you'll have access to great shopping like Towson Town Center and Loch Raven Plaza.
Great nightlife! Want to have fun after dark? You can do it in Towson. Check out Bill Bateman's Bistro for great beers or El Rodeo for delicious margaritas.
Affordability! If you want to find homes that are within your budget, you'll love it here. In Towson, you can rent a one bedroom for about $1,000 per month. Like living near water? Look around Towson Run or Lake Roland.
Tons of fun! Like to have wholesome fun? You'll find plenty of opportunities in Towson. You can go bowling in Stoneleigh Lanes or play laser tag at Red Zone Adventures.
You can buy! Want to own or rent to own? Lots of people do in Towson. About 54% of homes there are owned. If you like golf, you can even buy a house near a great course. Look near Elkridge Club or Country Club of Maryland.
Furry friends welcome! If you have a dog, you'll have plenty of places to walk him or her in Towson! Let Fido run at Paw Point Dog Park, or walk him through beautiful Glen Woods
Dancers will love it! Like to go out and dance? There are plenty of places to do it in Towson. Consider Warfields Night Club or Atlantic Ballroom to get your dance on.
Book lovers paradise! If you love to read, you'll love Towson. You can check out tons of books at the Julia Rogers Library, or browse through the selection at Ukazoo Books.
Lots of places to grow a garden! Have a green thumb? So do many Towson residents. In fact, if you want to grow your own flower garden or vegetable garden, this is a great place to do it. Find beautiful flowers and arrangements at Radebaugh Florist and Greenhouses. Or, you can add your own pond to your garden! There's even a great place in town that has supplies. Check out Wicklein's Water Gardens for everything you'll need.