Rent to Own Homes near Lochearn, MD

Top 3 Reasons to Live in Lochearn, MD

  • Located just west of Baltimore City, Lochearn is home to just over 25,000 people. The suburb is unique in that residents can easily commute between home and one of two major metropolitan areas. Both Baltimore and Washington D.C. are within a forty minute drive. To get to the nation's capital, I-295 runs south, while heading into Baltimore is as easy as hopping on I-83. Not many areas can offer the abundance of top tier entertainment like Lochearn.

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  • Low cost housing! Baltimore real estate has experienced something of a renaissance over the past two decades. Property values have risen steeply, driving the cost of living significantly higher than in the past. There are some exceptions. Property values have stayed relatively stable, even through the real estate bubble. In Lochearn, it is still easy to find homes priced well below $100K. Find a rent to own property along Windsor Mill Road or in the residential areas off of Liberty Road.
  • Pay less in taxes! The property tax rate in Lochearn is only 1.1 percent, which is less than half of Baltimore City's tax rate of 2.248 percent. On top of the property discount, you also pay slightly less in income taxes. The local taxes in Baltimore County, which includes Lochearn, is lower by almost half a percent than income taxes in Baltimore City. With that kind of tax discount, you might expect to pay a lot more for housing, but median gross rents are only $1,003, making this an ideal area to shop for houses for rent. Look for listings along Meadowside Road for a park view or along St. Lukes Land for easy access to the city.
  • Plentiful parkland! Not only do Lochearn residents enjoy easy access to world class museums at the Smithsonian in Washington D.C. and several galleries in Baltimore, but they also have plenty of space for outdoor fun. In Lochearn alone, there are four community parks of varying sizes. In the northwest, there is Villa Nova Park, in the northeast is Powder Mill Run, in the southeast is the largest park, Gwynn Oak Park, and in the southwest is Woodburn Memorial Park. These parks have a variety of attractions including hiking trails, tennis courts, playgrounds and more!