Rent to own Homes in Westminster, MD
Nestled in northern Maryland, Westminster is the seat of Carroll County. The city was founded in 1764 by William Winchester of England and was incorporated as a city in 1838. Westminster is a part of the Baltimore-Towson metro area and had a population of 18,590 in the 2010 census. Westminster prides itself on being the first area in the U.S.A. to provide rural free postal service delivery. With over 250 years of history, Westminster celebrates its heritage and historic buildings.
Westminster, MD is a great place for affordable rent-to-own homes! With a median household income of over $64,399 and a median rent of $1,165, the Westminster, 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 Westminster, 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 Westminster, MD Property Resources
Rent to own Homes in Cities Near Westminster, MD
- Annapolis Junction
- Ashton
- Baldwin
- Brinklow
- Burnt Mills
- Clarksville
- Cooksville
- Curtis Bay
- Davidsonville
- Dayton
- Dundalk
- Essex
- Forest Glen
- Four Corners
- Garrison
- Glenarden
- Glenelg
- Greenbelt
- Halethorpe
- Hanover
- Harmans
- Honeygo
- Hunt Valley
- Hydes
- Konterra
- Lake Arbor
- Langley Park
- Layhill
- Laytonsville
- Linthicum Heights
- Maryland City
- Millersville
- Mitchellville
- New Carrollton
- North Brentwood
- North Kensington
- Parkton
- Parole
- Phoenix
- Sandy Spring
- Severna Park
- South Laurel
- Sparrows Point
- Takoma Park
- University Park
- West Friendship
- Wheaton
- White Oak
- Windsor Mill
- Woodbine
Neighborhoods in Westminster, MD
Arts And Culture Neighborhood rent to own homes Downtown Westminster rent to own homesPopular Zip Codes in Westminster, MD
21157 rent to own homesBuying a Home in Westminster, MD
Westminster, MD is seeing rapid growth and Westminster, MD's' housing market remains not optimal with an average home price that is 11% above the 2024 national average. Westminster, MD is part of Carroll 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 Carroll is 0.8% which is below the national average, which is 0.99%.
Median Home Price in Westminster, MD
Median Rent in Westminster, MD
Top 4 Reasons to Live in Westminster, MD
Great shopping and community events! Downtown is always bustling with excitement and fun things to do. Visit Anne Marie Rose Jewelry Designs, Ballard-Bunting Boutique, and The Snooper's Shop on Main Street. In late November, stroll over to the Miracle on Main Street festival to see the electric holiday parade, cheer at the Jingle Bell Run, and participate in lots of fun activities. Westminster has 14 parks that encompass 50 miles, basketball and tennis courts, a skate park and pavilions, so there is always something to do here.
Rich, cultural heritage and historic district homes! There are numerous historical associations that can help you if you're interested in buying a historic property. These include the Historical Society of Carroll County, Pipe Creek Round Table and Westminster Historic District Commission, which governs the Historic District Zone. History buffs will enjoy Corbit's Charge, a local Civil War encampment, and the Carroll County Farm Museum, which houses 19th-century antiques and period artifacts.
Treat yourself to delicious cuisine! Down Under Bar and Grill is one local favorite on West Main Street. For more local flavor, try Birdie's Cafe, Ernie's Place, and Harry's Main Street Grill as well. Of course, you can always find the national restaurants too, like the local Olive Garden.
Available housing! In the 2000 census, there were 6,755 total housing units, with 6,420 of those units occupied. The rental vacancy rate was 5.3 percent. With over 300 existing units available, there is ample opportunity for you to choose your favorite. For those who want to invest in rent to own homes, the low vacancy rate is a good indicator of potential. Homes near Wakefield Valley Golf Course and Westminster National Golf Course are popular with golfers. Those looking for convenience should check out the residential areas around Crossroads Square Shopping Center, Cranberry Square and Cranberry Mall Shopping Center.