Rent to own Homes in Pasadena, MD
Located in Anne Arundel County, Pasadena has a population of 24,287. While Pasadena is considered a standalone community, it encompasses the nearby communities of Lake Shore and Riviera Beach. The collective population of all three areas is 56,441. Known for its athletic prowess, Pasadena is home to more than twenty youth and adult recreational sports leagues.
Pasadena, MD is a great place for affordable rent-to-own homes! With a median household income of over $100,832 and a median rent of $1,848, the Pasadena, 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 Pasadena, 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 Pasadena, MD Property Resources
Rent to own Homes in Cities Near Pasadena, MD
- Annapolis
- Annapolis Junction
- Arbutus
- Baldwin
- Baltimore Highlands
- Bowie
- Bowleys Quarters
- Brooklyn Park
- Cape St. Claire
- Carney
- Catonsville
- Churchton
- Cockeysville
- Columbia
- Crownsville
- Curtis Bay
- Edgewood
- Elkridge
- Ellicott City
- Fairlee
- Ferndale
- Georgetown
- Glen Arm
- Halethorpe
- Hampton
- Hanover
- Harwood
- Hunt Valley
- Hydes
- Ilchester
- Joppa
- Joppatowne
- Kent Narrows
- Kingsville
- Lanham
- Linthicum Heights
- Lutherville Timonium
- Nottingham
- Parkville
- Phoenix
- Pleasant Hills
- Romancoke
- Rosedale
- Shady Side
- Sparrows Point
- Tolchester
- Upper Falls
- White Marsh
- Windsor Mill
- Woodstock
Neighborhoods in Pasadena, MD
No neighborhoods foundPopular Zip Codes in Pasadena, MD
21060 rent to own homesBuying a Home in Pasadena, MD
Pasadena, MD is seeing rapid growth and Pasadena, MD's' housing market remains not optimal with an average home price that is 51% above the 2024 national average. Pasadena, MD is part of Anne Arundel 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 Anne Arundel is 0.66% which is below the national average, which is 0.99%.
Median Home Price in Pasadena, MD
Median Rent in Pasadena, MD
Top 6 Reasons to Live in Pasadena
Rising Home Values! Home values in Pasadena have risen 3.4 percent in the last year and it's predicted that this trend will continue in 2015. With the current median home value at $283,600 now is the time to buy in order to get a home with instant equity. Neighborhoods like Pinehurst and Lake Shore offer the most home for the money.
Less Expensive than Nearby Towns! The median sales price of a single family home in Pasadena is $260,985. This amount is a bargain compared to nearby towns like Severna Park at $455,625 and Arnold at $388,000. If you're looking for rent to own homes, a community like Sharonville or Bar Harbor has many options.
Myriad of Sports Organization! Whether you like to play basketball, tennis, baseball, lacrosse or any other sport chances are good that they'll be a league to join in Pasadena. For young baseball enthusiasts there's the Havenwood Little League and for basketball fans there's the Lake Shore Youth League.
Home to Two Libraries! The Mountain Road Community Library is one of the leading research institutions in the state. Not only does it offer historical documents that date back to the American Revolution, but it also houses more than 50,000 books. Although slightly smaller, the Riviera Beach Community Library offers a slew of popular community activities like a young adult book club and children's story time.
Plenty to do! Work on your short game or your drives at the Compass Pointe Golf Course. Be sure to bring plenty of extra balls for the deep rough on the 18th. Head to Downs Park on the Chesapeake River to catch dinner on the water and an enjoyable evening out.
Delicious Restaurants! Satisfy your appetite for something fried with a visit to Fifer's Seafood where they serve the best fried clams and clam chowder in the city. If Asian-American fusion cuisine is more your style, head to the East West Bistro.