Rent to own Homes in Beltsville, MD
An unincorporated community in Prince George's County, Beltsville has a long history dating back to 1649. The land was originally used to house plantations, but this began to shift in the early 18th century when iron was discovered in the area. Over time, the land use shifted back to more agricultural endeavors, and the US Department of Agriculture now conducts research in the area. According to the most recent census data, Beltsville has a population of 16,772 residents.
Beltsville, MD is a great place for affordable rent-to-own homes! With a median household income of over $81,980 and a median rent of $1,804, the Beltsville, 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 Beltsville, 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 Beltsville, MD Property Resources
Rent to own Homes in Cities Near Beltsville, MD
- Alexandria
- Annandale
- Annapolis Junction
- Arlington
- Bailey's Crossroads
- Camp Springs
- Cedar Heights
- Cheltenham
- Chevy Chase
- Chevy Chase Village
- Clarksville
- Cooksville
- Curtis Bay
- Dayton
- Dunn Loring
- Falls Church
- Flower Hill
- Forest Glen
- Fort Hunt
- Fort Washington
- Four Corners
- Glenarden
- Greenbelt
- Halethorpe
- Hanover
- Kingstowne
- Konterra
- Lake Arbor
- Langley Park
- Layhill
- Linthicum Heights
- Marlboro Meadows
- Marlboro Village
- Maryland City
- Maryland Park
- Melwood
- North Bethesda
- North Chevy Chase
- North Kensington
- North Potomac
- Potomac
- Rockville
- Sandy Spring
- Somerset
- Travilah
- Vienna
- Washington Navy Yard
- West Friendship
- Windsor Mill
- Woodbine
Neighborhoods in Beltsville, MD
No neighborhoods foundBuying a Home in Beltsville, MD
Beltsville, MD is seeing rapid growth and Beltsville, MD's' housing market remains not optimal with an average home price that is 50% above the 2024 national average. Beltsville, 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 Beltsville, MD
Median Rent in Beltsville, MD
6 Reasons to Live in Beltsville, MD
It's a buyer's market! Presently, the average cost of homes for sale in Beltsville is noticeably lower than the Maryland average, which makes it a great time for prospective buyers to look at homes. The Calverton neighborhood is a great area, offering some of the most beautiful homes in the community. If you want something more modest, check out the neighborhood of Powder Mill Estates. Additionally, new residents not looking to buy outright can find many rent to own houses.
No shortage of apartments for rent! Rental homes in the area are a bit more difficult to lock in at a good price, but those who are looking for apartments will find that there is no shortage of options around town. Lighthouse at Twin Lakes is one of the most diverse complexes, offering smaller units at a very affordable price while also providing options of up to three bedrooms. Kings Park Plaza is another option to consider for affordable apartments.
Enjoy the local cuisine! Like any community of its size, visitors expect to find some delicious local restaurants to check out while in the area. For the members of this community, this definitely holds true in certain city favorites like Cafe Rue, which serves some of the best sandwiches in all of Maryland. If you're looking for something a bit more complex, Yia Yia's Kitchen is another local sensation, offering delicious gyros and other great options.
Check out the local artistic expression! The local community of Beltsville also has its fair share of local artistry work. Vitrum Studios offers a way for locals to learn glass blowing techniques, and the local Ballet Academy is a great place to improve your dancing.
Visit historical spots! The area is full of historical sights, including Abraham Hall, Ammendale Normal Institute, and St. Joseph's Catholic Chapel, which are all listed on the National Register of Historic Places.
Stay active and fit! If you're looking to play some golf, the Cross Creek Golf Club is the place to go. Alternatively, Body & Brain Yoga offers classes to stay healthy and fit.