Rent to own Homes in Arbutus, MD
An unincorporated community which lies in the northern part of Maryland, Arbutus has a population that is in excess of 20,000 inhabitants and covers an area of about six and a half square miles. Located to the southwest of the city of Baltimore, this census designated place is a part of Baltimore County. The western limit is adjacent to the large campus of the University of Maryland. On the eastern side of Arbutus is the intersection of Interstates 95 and 695, an excellent location for getting around.
Arbutus, MD is a great place for affordable rent-to-own homes! With a median household income of over $78,598 and a median rent of $1,124, the Arbutus, 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 Arbutus, 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 Arbutus, MD Property Resources
Rent to own Homes in Cities Near Arbutus, MD
- Annapolis Junction
- Annapolis Neck
- Ashton
- Baldwin
- Clarksville
- Cooksville
- Curtis Bay
- Davidsonville
- Dayton
- Dundalk
- Essex
- Forest Hill
- Garrison
- Glenelg
- Greenbelt
- Halethorpe
- Hanover
- Harmans
- Hunt Valley
- Hydes
- Jessup
- Konterra
- Lake Shore
- Linthicum Heights
- Lutherville Timonium
- Maryland City
- Middle River
- Millersville
- Mitchellville
- Naval Academy
- New Carrollton
- Nottingham
- Owings Mills
- Parkton
- Parole
- Phoenix
- Pikesville
- Reisterstown
- Riva
- Severn
- Severna Park
- South Laurel
- Sparrows Point
- Sykesville
- Upper Falls
- West Friendship
- White Hall
- Windsor Mill
- Woodbine
- Woodmore
Neighborhoods in Arbutus, MD
Oaklee rent to own homesPopular Zip Codes in Arbutus, MD
21227 rent to own homesBuying a Home in Arbutus, MD
Arbutus, MD is seeing rapid growth and Arbutus, MD's' housing market remains not optimal with an average home price that is 11% above the 2024 national average. Arbutus, 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 Arbutus, MD
Median Rent in Arbutus, MD
Top 4 Reasons to Live in Arbutus, Maryland
Real estate investment opportunities! Arbutus has enjoyed excellent housing growth over the last few years. From South Rolling Road, close to Saint Denis Marc railway station, to Leeds Avenue in the extreme north of the area, real estate growth is a reality. Indeed, median house prices in Arbutus have outstripped the national average since 2000, even outperforming the impressive state average. It is attractive to all sorts of investors, from rent to own buyers to owner-occupiers.
The places to eat out! Arbutus boasts some excellent restaurants and a number of fast food outlets, too. Try Grace Cafe, on East Drive, which serves a variety of Chinese and Japanese cuisine in a relaxed environment. For some superb Polynesian comfort food head to the nearby Taste of Aloha, which is on Sulphur Spring Road. Further north in Arbutus, Golden Gate Chinese Restaurant has some tasty and inexpensive dishes. It is to be found on Maiden Choice Lane, between Wetland Boulevard and Gateway Terrace.
The variety of housing units! About half of the property in Arbutus is made up of three bedroom dwellings. Homes for sale will also include one and two bedroom units, but houses with more than five bedrooms are scarce. Just under half of the properties are detached and most of these have front lawns and a green outlook, not just those that face Arbutus Memorial Park Cemetery. There are a number of apartment developments, as well as the detached housing stock, which are worth seeking out. These tend to be clustered around Maiden Choice Lane and Courtney Road.
The great local shopping! Arbutus Plaza Shopping Center offers plenty of parking and a good choice of shops. As such, driving into Baltimore is not a necessity when it comes to find some great retail outlets. Alternatively, head to the junction of Sulphur Spring Road and East Drive to find another group of independent stores. Furthermore, it is only a short drive to neighboring Halethorpe which has a Home Depot and a Walmart.