Rent to own Homes in Colesville, MD
Colesville may be more a state of mind than an actual physical place. Even the Census Bureau and the U.S. Postal Service sometimes disagree about its boundaries, but the name "Colesville" is mentioned enough to let anyone know that it exists. If you have a reason to live this close to Washington, D.C., Colesville may just be the place that will capture your heart!
Colesville, MD is a great place for affordable rent-to-own homes! With a median household income of over $126,063 and a median rent of $1,477, the Colesville, 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 Colesville, 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 Colesville, MD Property Resources
Rent to own Homes in Cities Near Colesville, MD
- Alexandria
- Annandale
- Annapolis Junction
- Arlington
- Bailey's Crossroads
- Burke
- Camp Springs
- Cedar Heights
- Chevy Chase
- Chevy Chase Village
- Clarksville
- Cooksville
- Dayton
- Dickerson
- Difficult Run
- Dulles Town Center
- Dunn Loring
- Fairfax
- Falls Church
- Floris
- Flower Hill
- Forest Glen
- Fort Hunt
- Fort Washington
- Four Corners
- Glenarden
- Great Falls Crossing
- Hanover
- Hutchison
- Ijamsville
- Kingstowne
- Layhill
- Mantua
- Maryland Park
- North Bethesda
- North Chevy Chase
- North Kensington
- North Potomac
- Oakton
- Potomac
- Rockville
- Sandy Spring
- Somerset
- Sugarland Run
- Travilah
- Vienna
- Washington Navy Yard
- West Friendship
- Windsor Mill
- Woodbine
Neighborhoods in Colesville, MD
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Colesville, MD is seeing rapid growth and Colesville, MD's' housing market remains not optimal with an average home price that is 113% above the 2024 national average. Colesville, MD is part of Montgomery 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 Montgomery is 0.76% which is below the national average, which is 0.99%.
Median Home Price in Colesville, MD
Median Rent in Colesville, MD
Top 5 Reasons to Move to Colesville, MD
Colesville or Silver Spring? Colesville is a loosely defined area of Montgomery County in the northern suburbs of Washington, D.C. Its boundaries are not well-defined, but that doesn't matter, because residents generally say they live in Silver Spring. It is an affluent area, with the average home price a little higher than $650,000. Single family rental homes and condos are available at rates that reflect their property values. Look for a house for sale in Colesville around Foley Street. If a condo is more your speed, check out the complex around Pennfield Circle.
Love the rails! The National Capital Trolley Museum is located in Colesville and it gives train and streetcar buffs a look at the way it used to be in the heyday of rail transportation. After you visit the museum, stop in at Monterrey Restaurant for great, reasonably-priced food for the entire family.
Celebrate in style! Plan a dinner party at Nova Europa Restaurant followed by a concert or a stage performance. For a casual evening with a crowd, head over to Stained Glass Pub for pizza, beers and a lot of fun.
Great parks! You can have a lot of outdoor fun at Adventure Park at Sandy Springs Friends School. With 13 separate zip line trails through the trees, there's always something new to explore. The Montgomery Parks website offers outdoor programs of a gentler nature, but it's all about getting back to nature, learning and having fun at the same time. There are programs from garden experiences to summer camps for all ages. The Martin Luther King Jr. Recreational Park offers an indoor and outdoor swimming pool, tennis courts, ball fields and a playground.
Community spirit! Finding a rent to own home here will spur your desire to stay and build a life as part of this special community. The upscale lifestyle of Colesville is reflected in the local surroundings and the pride that residents take in their property. More than 56 percent of residents have lived here longer than five years and the annual turnover is only 9 percent. Find a house for rent around Kayson Street or Palermo Drive.