Rent to own Homes in Eldersburg, MD
Located in Carroll County, MD is Eldersburg -- a small city that about 30,530 people call their hometown. The town, which is ultimately suburban and residential in feel, offers quiet country living with easy access to Baltimore, which is just a short drive away on I-70. It's also about 35 miles from Washington D.C., making it a popular place for commuters who come into and out of the capital city.
Eldersburg, MD is a great place for affordable rent-to-own homes! With a median household income of over $125,981 and a median rent of $1,235, the Eldersburg, 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 Eldersburg, 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 Eldersburg, MD Property Resources
Rent to own Homes in Cities Near Eldersburg, MD
- Annapolis Junction
- Ashton
- Baldwin
- Brinklow
- Burnt Mills
- Clarksville
- Cooksville
- Curtis Bay
- Davidsonville
- Dayton
- Dundalk
- Essex
- Forest Glen
- Four Corners
- Garrison
- Glenarden
- Glenelg
- Greenbelt
- Halethorpe
- Hanover
- Harmans
- Honeygo
- Hunt Valley
- Hydes
- Konterra
- Lake Arbor
- Langley Park
- Layhill
- Laytonsville
- Linthicum Heights
- Maryland City
- Millersville
- Mitchellville
- New Carrollton
- North Brentwood
- North Kensington
- Parkton
- Parole
- Phoenix
- Sandy Spring
- Severna Park
- South Laurel
- Sparrows Point
- Takoma Park
- University Park
- West Friendship
- Wheaton
- White Oak
- Windsor Mill
- Woodbine
Neighborhoods in Eldersburg, MD
No neighborhoods foundPopular Zip Codes in Eldersburg, MD
21784 rent to own homesBuying a Home in Eldersburg, MD
Eldersburg, MD is seeing rapid growth and Eldersburg, MD's' housing market remains not optimal with an average home price that is 80% above the 2024 national average. Eldersburg, MD is part of Carroll 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 Carroll is 0.8% which is below the national average, which is 0.99%.
Median Home Price in Eldersburg, MD
Median Rent in Eldersburg, MD
Top 6 Reasons to Eldersburg, MD
Sought-after living! The Eldersburg vacancy rate always remains low -- at about 2 percent -- but that's because it's a really nice place to live that offers a quiet country feel and easy big city access. So, if you find a home you like there, there's a good chance you'll want to stay. The town has lovely luxury apartments that offer living near tons of green space, like the Piney Ridge Townhome Apartments, near their own private park, or Reservoir Ridge, which borders the beautiful Liberty Reservoir.
Great shopping! You don't have to go into Baltimore to do your clothes shopping. That's because Eldersburg has a great selection of places to shop of its own. La Kokette is a good place in town for formal wear, while Justice is a trendy shop for young adults.
Place to own! Looking to buy a house? This is the place to do it. Owners make up most of the market here, with nearly 85 percent of residences owned, so this is a good place to start your hunt for a place to buy or rent to own. People who are looking to settle somewhere bustling within the town usually look on busy streets like Liberty Rd., while people who opt for a quiet, country feel far from their neighbors favor spots like Sykesville Rd, north of Liberty Reservoir.
Delicious eating! If you don't always like cooking in your kitchen, there are excellent spots to check out in town to sample some delicious restaurants. Some of the most popular spots with locals include Salerno's Restaurant for upscale seafood or Grilled Cheese & Co. for a delicious selection of different grilled cheeses.
Convenience factor! Nearly every needed convenience is nearby in Eldersburg, so residents don't have to go far to get groceries or stock their pantries. Some of the most popular spots in the center of town include Martin's Food Markets and Country Pride Food Service, which are just a minute's drive away from anyone that lives in the small town.
Outdoor recreation! People who like to spend time outside have plenty of opportunities to do so in Eldersburg. Some of the most popular parks in town are the Morgan Run Environmental Area in the north part of town, and Ramblin' Pines in the south part of town.