Rent to Own Homes near Ellicott City, MD

Top Reasons to Live in Ellicott City MD

  • Situated in the Baltimore-Washington metropolitan area, Ellicott City, Maryland, is a historic community that has received a number of accolades. It was ranked as one of the best places to live in the United States by both Money Magazine and CNN. Ellicott City is a town of professional workers built around a downtown historic district filled with unique stores and attractions, as well as historic sites. Surrounded by parks and only minutes from the Chesapeake Bay, Ellicott City is conveniently close to so much that Maryland has to offer.

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  • Housing StatisticsEllicott City is a neighborhood made up of mostly single-family houses, with the majority of them being owner-occupied. Rentals and rent to own homes are rare in Ellicott, as are homes that are going up for sale in general. With almost 24,000 households in the city, there are only 800 or so home sales transactions each year - a residential turnover of only 3.3% yearly. Making it even more difficult to find available houses is the average home sale price, which sits at $555,000, meaning that the market is not particularly easy to break in to, especially on a budget. On top of all this, the vacancy rates of apartments are low, deterring possible renters - only 15 to 20 apartments go vacant yearly, with the median rent being almost $1,300 per month.
  • Largest Employers Ellicott City itself is not home to large businesses, as most of the folks who live there commute to nearby Baltimore or Washington D.C. A full half of the population leaves the city for work on a daily basis, with only 17% of the population both living and working within Ellicot, and many of those in the service and retail industries. Lorien Health Systems, a senior care service, is one of the largest employers in the city limits. Much of the population commutes to professional jobs in nearby Columbia and Washington D.C. - one third of the workers list their professions as either accountant or auditor. 15% of the population is employed by in the professional, scientific, and technical services industry, with Johns Hopkins University Applied Physics Laboratory and Verizon Wireless both being close by and employing almost 8,000 workers between the two of them.
  • Weather and Climate Set in the continental climate zone, Ellicott City gets all four seasons of weather. The city is hit especially hard in the summer with heat and humidity. Winter is on the chillier side, and for four months, temperatures can drop below freezing. Winter also brings snow, although Ellicott is southern enough that it doesn't receive the severe snows of the Northeast, averaging only a few inches per year. Spring and fall are both pleasant and temperate.
  • School SystemsEllicott City has three high schools in the city proper, all part of the Howard County Public School System. Just outside Ellicott City proper, and serving the rest of the Ellicott area census designated place, is a fourth high school. The Howard County Public School System consistently earns some of the highest marks in Maryland in terms of student performance and overall cost-efficiency. In addition, the Glenelg Country School provides private schooling for over 800 students.
  • Local Shopping Ellicott City is home to a number of eclectic local shops and restaurants. The downtown area has several intriguing shops that sell everything from antiques and jewelry to hardware. Deck our yourself and your home in vintage chic from A Journey from Junk, or re-live your childhood with all sorts of old toys at All Time Toys, both found along Main Street. Searching for obscure Lego sets? Classic Plastic Bricks in Taylors Antique Mall is all about our favorite Danish toy and is one of the most comprehensive Lego stores in the nation. Downtown is home to restaurants and taverns for all tastes, including the Ellicott Mills Brewery, where you can sample beer made right on Main Street. Outside of the downtown area are a number of shopping centers that are home to national chain stores and grocery stores, including the Enchanted Forest Shopping Mall, built where the beloved amusement park used to sit.