Rent to own Homes in White Oak, MD
White Oak is the kind of community that has something to offer everyone, and is located conveniently near major metropolitan areas. It is an outstanding area for commuting to the D.C. metro area, and has plenty of wonderful, fun things for its residents to do. With beautiful parks, great restaurants and conveniently accessible highways, this is a wonderful community to move into.
White Oak, MD is a great place for affordable rent-to-own homes! With a median household income of over $68,559 and a median rent of $1,650, the White Oak, 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 White Oak, 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.
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Rent to own Homes in Cities Near White Oak, MD
- Alexandria
- Annandale
- Annapolis Junction
- Arlington
- Bailey's Crossroads
- Camp Springs
- Cedar Heights
- Cheltenham
- Chevy Chase
- Chevy Chase Village
- Clarksville
- Cooksville
- Curtis Bay
- Dayton
- Dunn Loring
- Falls Church
- Flower Hill
- Forest Glen
- Fort Hunt
- Fort Washington
- Four Corners
- Glenarden
- Greenbelt
- Halethorpe
- Hanover
- Kingstowne
- Konterra
- Lake Arbor
- Langley Park
- Layhill
- Linthicum Heights
- Marlboro Meadows
- Marlboro Village
- Maryland City
- Maryland Park
- Melwood
- North Bethesda
- North Chevy Chase
- North Kensington
- North Potomac
- Potomac
- Rockville
- Sandy Spring
- Somerset
- Travilah
- Vienna
- Washington Navy Yard
- West Friendship
- Windsor Mill
- Woodbine
Neighborhoods in White Oak, MD
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20993 rent to own homesBuying a Home in White Oak, MD
White Oak, MD is seeing rapid growth and White Oak, MD's' housing market remains not optimal with an average home price that is 84% above the 2024 national average. White Oak, MD is part of Montgomery 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 Montgomery is 0.76% which is below the national average, which is 0.99%.
Median Home Price in White Oak, MD
Median Rent in White Oak, MD
Top 4 Reasons to Live in White Oak, MD
Lots of outstanding restaurants! White Oak has a wonderfully diverse selection of different restaurants for residents to choose from. No matter what your favorite style of cuisine is, chances are you can find a great restaurant in White Oak that caters to your preferences. The Jewel of India boasts an elegant dining room and serves some of the best Northern Indian food in the area; it also has an affordable lunch buffet. Dominic's Italian Grille has everything from pizza to delicious pasta dishes, and the Urban Bar-B-Que Company serves some of the best takeout in the region.
The perfect commuter community! White Oak is centrally located, which makes it an ideal community for professionals who have to commute to work in Washington D.C., Baltimore, Annapolis or Alexandria. It is connected to the 495 and 95 Interstates as well as the Capitol Beltway. And the 203, 204 and 205 ICC commuter bus routes connect White Oak to the nearby National Institutes of Health, Bethesda and the University of Maryland College Park.
Beautiful homes for rent! Median rent is very affordable for professionals at about $1,400, so if you're looking for a rent to own opportunity, this neighborhood is a great place for you. Whether you prefer to live closer to the beautiful Martin Luther King Recreational Park or you want the convenience of being located near Columbia Pike, there will be a property that can suit your needs.
Outstanding real estate values! White Oak has median real estate values that are higher than Maryland's, which means it is an excellent community for new home buyers to invest. The median real estate value in White Oak is about $386,000. There are high home owner occupancy rates, which indicates that the community is very stable. If you are looking for a community that has great real estate investments in the greater D.C. metro area, then White Oak is a great choice for you!