Rent to own Homes in Landover, MD
Landover is a commuter's dream. It is situated in Prince George's County, just nine miles from Washington, D.C. and about 40 miles from Baltimore, Maryland. It boasts easy access to the Capital Beltway, which is also known as I495/95. This small, unincorporated community is only four square miles in size but is home to one of the area's most famous landmarks, the Washington Redskin's FedEx Field. The population of Landover is approximately 23,000.
Landover, MD is a great place for affordable rent-to-own homes! With a median household income of over $59,015 and a median rent of $1,423, the Landover, 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 Landover, 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.
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Rent to own Homes in Cities Near Landover, MD
- Alexandria
- Andrews Air Force Base
- Annandale
- Arden on the Severn
- Arlington
- Baden
- Bailey's Crossroads
- Berwyn Heights
- Brandywine
- Brentwood
- Brown Station
- Bryantown
- Burke
- Burtonsville
- Calverton
- Chillum
- Clinton
- Cloverly
- Colesville
- College Park
- Coral Hills
- Crofton
- Croom
- District Heights
- Dunkirk
- Dunn Loring
- East Riverdale
- Edgewater
- Edmonston
- Fairfax
- Fairland
- Fairmount Heights
- Fairwood
- Falls Church
- Flower Hill
- Forest Heights
- Fort Meade
- Friendly
- Friendship
- Gambrills
- Glassmanor
- Glenn Dale
- Hanover
- Herald Harbor
- Hillcrest Heights
- Landover Hills
- Riverdale
- Riverdale Park
- Springdale
- Tracys Landing
Neighborhoods in Landover, MD
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Landover, MD is seeing rapid growth and Landover, MD's' housing market remains not optimal with an average home price that is 8% above the 2024 national average. Landover, 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 Landover, MD
Median Rent in Landover, MD
Top 5 Reasons to Live in Landover, Maryland
Easy access to the nation's capital! Landover is served by both the Washington D.C. Metro's Orange and Blue rail lines, which makes it easy for residents of Landover's various neighborhoods to get to D.C. and to enjoy all that the nation's capital has to offer. For example, you could take the metro into town to enjoy plays at the Kennedy Center or hit the bars in Adams Morgan.
Landover offers a lot of recreation facilities! Landover boasts two great centers for active residents. Kentland Community Center Park features a ballroom, a youth golf training center, tennis courts, softball and football fields and basketball courts. The center is situated on 100 acres of parkland. Then, there is the Prince George's Sports and Learning Complex, which boasts an aquatic center, fitness center and a 25,000-square-foot gymnastics center. The complex features a number of outdoor venues, including football, soccer and lacrosse fields.
Very affordable housing! The average listing price of homes for sale in Landover is about $177,000, which is lower than the average of $394,000 for the state of Maryland. It's usually very difficult to find affordable housing like this so close to D.C. Home prices could go up as government officials have been talking with the FBI about turning the old Landover Mall into the agency's new headquarters. There is a Sears store still on the site of the former mall.
Perfect for sports lovers! On days when the Washington Redskins are playing at home in Landover, the excitement can be felt everywhere in this small community. Have tickets for the game? In Landover, you can tailgate at home with your neighbors and then head over to FedEx Field to cheer your team on. If football isn't your thing, then take the Metro over to National Park to watch baseball.
Many great bargains on houses to be found! There are a number of homes for sale in Landover that are either in pre-foreclosure or are owned by banks. Because of this, there may be a number of motivated sellers and rent to own houses on the market in Landover's neighborhoods, which include Glenarden and Dodge Park.