Rent to own Homes in Pikesville, MD
Pikesville, Maryland sits slightly northwest of Baltimore with a population just over 30,000. Although Pikesville has a population slightly over 30,000 and is considered a smaller city, ranking about 32nd in size within the state, it boasts substantial facilities, businesses and transportation options. In addition, being a part of Baltimore county, it thrives with leading employers, such as T. Rowe Price, McCormick and Company, Inc., Northwest Health Systems, Sheppard Pratt Health Systems, AAI, GE Middle River Aircraft Systems, PHH, and many more.
Pikesville, MD is a great place for affordable rent-to-own homes! With a median household income of over $85,343 and a median rent of $1,402, the Pikesville, 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 Pikesville, 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 Pikesville, MD Property Resources
Rent to own Homes in Cities Near Pikesville, MD
- Annapolis Junction
- Ashton
- Ashton-Sandy Spring
- Baldwin
- Bel Air North
- Clarksville
- Cooksville
- Curtis Bay
- Davidsonville
- Dayton
- Dundalk
- Essex
- Forest Hill
- Fort George G Meade
- Freeland
- Garrison
- Glenelg
- Greenbelt
- Gunpowder
- Halethorpe
- Hanover
- Harmans
- Hunt Valley
- Hydes
- Jessup
- Konterra
- Lake Shore
- Linthicum Heights
- Lutherville Timonium
- Maryland City
- Middle River
- Millersville
- Nottingham
- Owings Mills
- Parkton
- Parole
- Phoenix
- Pikesville
- Reisterstown
- Riva
- Severn
- Severna Park
- South Laurel
- Sparrows Point
- Sykesville
- Upper Falls
- West Friendship
- White Hall
- Windsor Mill
- Woodbine
Neighborhoods in Pikesville, MD
No neighborhoods foundPopular Zip Codes in Pikesville, MD
21282 rent to own homes 21208 rent to own homes 21209 rent to own homesBuying a Home in Pikesville, MD
Pikesville, MD is seeing rapid growth and Pikesville, MD's' housing market remains not optimal with an average home price that is 53% above the 2024 national average. Pikesville, MD is part of Baltimore 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 Baltimore is 0.87% which is below the national average, which is 0.99%.
Median Home Price in Pikesville, MD
Median Rent in Pikesville, MD
Top 6 Reasons to Live in Pikesville, MD
Transportation! There are convenient transportation options in Pikesville. Both the Maryland Transit buses and the Baltimore Metro Subway run through Pikesville. The subway has two stops in the city and seven buses. Also, about 11% of those who work in Pikesville carpool.
Home selection! The average home price is higher than the state average, while the average sales price is lower. This indicates a buyers' market in Pikesville. There are homes within established neighborhoods to choose from or a selection of new homes. There are many property companies that have units that are ready to be moved into or can construct property based on your needs, such as Beazer Homes, Ryan Homes and Ashley Custom Homes.
Property! There are many apartment choices in Pikesville, such as Residence at Waterstone, Excalibur, St. Charles at Olde Court, Residence at Ponoma Park and more. If you prefer, you can also find rental homes and town homes, with some offering lease-options, rent to own, and owner financing. These options will allow for individuals to consider if the home and area is suitable to their needs, prior to fully committing to a long-term property purchase. Average rental cost is about $1200, making Pikesville rental properties competitive in the area.
The arts! Pikesville is also home to many established art galleries. The Merritt Gallery hosts events and various artists' works in a beautifully peaceful setting. Some of the art you may see are by Eve Arnold, Marc Chagall, Sydney Edmunds, Jean Duquoc, Lun Tse, and so many more. If you are familiar with or interested in pieces by Virginia Ferrara, Yaacov Agam and Dawn Diamond then you may want to stop by the Zimmerman Fine Art Gallery. This location carries various fine art work, ranging from posters, collectibles, sculptures, and more.
Relaxation! There are many relaxation spa services in Pikesville. If staying at the Pikesville Doubletree by Hilton Plaza, you have easy access to the Paradise Salon Day-Spa within the building. For those exploring the city, both Massage Envy Spa and Iris Day Spa provide excellent relaxation packages. There's even the KupCake Spa for Gurlz which caters to youth.