Rent to own Homes in Langley Park, MD
It's hard to believe, but Langley Park is only one square mile; it used to be just one mansion - the Langley Park estate. Technically a CDP (census designated place) within Prince George's County, Langley Park sits within the Capitol Beltway and the bustling Washington D.C. metro region. The town of roughly 20,700 has all the ingredients to make a suitable home -- restaurants, large retailers, transit systems, and a variety of housing types. But it's the exciting and unique mix of shops, small eateries, and friendly people that truly make Langley Park great.
Langley Park, MD is a great place for affordable rent-to-own homes! With a median household income of over $63,789 and a median rent of $1,410, the Langley Park, 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 Langley Park, 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 Langley Park, MD Property Resources
Rent to own Homes in Cities Near Langley Park, MD
- Annapolis Junction
- Bensville
- Camp Springs
- Cedar Heights
- Cheltenham
- Clarksville
- Cooksville
- Damascus
- Dayton
- Difficult Run
- Flower Hill
- Fort Washington
- Four Corners
- Glenarden
- Great Falls Crossing
- Greenbelt
- Halethorpe
- Hanover
- Konterra
- Lake Arbor
- Langley Park
- Laytonsville
- Linthicum Heights
- Marlboro Meadows
- Marlboro Village
- Maryland City
- Maryland Park
- Melwood
- Mitchellville
- Morningside
- National Harbor
- New Carrollton
- North Brentwood
- Parole
- Peppermill Village
- Queenland
- Sandy Spring
- Seat Pleasant
- Severna Park
- Silver Hill
- South Laurel
- Takoma Park
- Temple Hills
- University Park
- Upper Marlboro
- Washington Navy Yard
- West Friendship
- Wheaton
- White Plains
- Woodbine
Neighborhoods in Langley Park, MD
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No zip codes foundBuying a Home in Langley Park, MD
Langley Park, MD is seeing rapid growth and Langley Park, MD's' housing market remains not optimal with an average home price that is 21% above the 2024 national average. Langley Park, 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 Langley Park, MD
Median Rent in Langley Park, MD
Top 4 Reasons to Live in Langley Park, MD
Enjoy a memorable meal! Although Washington D.C. is just a short drive, bus, or Metro ride away, residents don't have to go out of the area for an excellent dinner; they can have one right in town. What's even better is that a wide variety of cuisine is offered. Veggie lovers are certain to enjoy Woodlands Restaurant. For mouth-watering carryout, try Caribbean Palace. Tabeer Pakistani Cuisine is the spot to sample an array of tasty meats and veggies. And for something extra spicy, head to Hunan Hut. There's something for every kind of eater here, so go have a feast.
Get a rental quickly and with ease! The real estate market in Langley Park is very friendly to newcomers; 72.5% of housing units are renter-occupied, which is much higher than Maryland's average. A good deal of rental homes are always on the market, including some rent to own deals. Check throughout town to see a range of listings that suit your needs, from near Langley Park Community Center to around Langley Park Walk In Medical Clinic.
Enjoy all sorts of shopping! Langley Park has familiar chain stores as well as independent shops. It's recommended to shop at both. For errands, head to the Langley Park Shopping Center, where common retailers like CVS Pharmacy, Dollar City, and Regency Furniture operate. For a more unique shopping experience, look on and around University Boulevard. To buy meats, spices, and more, go to Halal Meat and Grocery. To enhance your wardrobe, go to Priti's Fashion and Jewelry, and to buy and sell a variety of items, explore G&G Pawnbrokers, Inc.
Live in any type of home! Only 18.8% of housing units in Langley Park are single family residences. Real estate listings include an even mix of many types of housing, including apartments, duplex homes, townhouses, and condos. Several apartment complexes are located on14th Avenue, including Quebec Arms Apartments and Langley Terrace. Condos can be found near University Boulevard and the International Mall Shopping Center.