Rent to own Homes in Arlington, VA
Bordering the nation's capital along the Potomac River, the city of Arlington is in a prime location for cultural and historical significance. It is home to the Pentagon, Arlington National Cemetery, and a thriving residential community. Sports fans are close to their favorite football, basketball, baseball, soccer, and hockey games in Washington, DC. Museum lovers are a bridge away from the Smithsonian. Nature lovers can live near parks and the river. Between the historical significance of the land and the sense of security it offers, people who move here often find that they never wish to leave!
Arlington, VA is a great place for affordable rent-to-own homes! With a median household income of over $122,604 and a median rent of $2,005, the Arlington, VA 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 Arlington, VA. 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 Arlington, VA Property Resources
Rent to own Homes in Cities Near Arlington, VA
- Alexandria
- Andrews Air Force Base
- Annandale
- Arlington
- Baden
- Bailey's Crossroads
- Berwyn Heights
- Braddock
- Brandywine
- Brentwood
- Brown Station
- Bryantown
- Burke
- Burke Centre
- Burtonsville
- Calverton
- Cherry Hill
- Chillum
- Clinton
- Cloverly
- Colesville
- College Park
- Coral Hills
- Croom
- Difficult Run
- District Heights
- Dumfries
- Dunn Loring
- East Riverdale
- Edmonston
- Fairfax
- Fairland
- Fairmount Heights
- Fairwood
- Flower Hill
- Forest Heights
- Friendly
- Glassmanor
- Glenn Dale
- Great Falls Crossing
- Hillcrest Heights
- Hutchison
- Landover Hills
- Leesylvania
- Nanjemoy
- Navy
- Riverdale
- Riverdale Park
- Springdale
- Union Mill
Neighborhoods in Arlington, VA
Fairlington - Shirlington rent to own homes Arlingwood rent to own homes Nauck rent to own homes Long Branch Creek rent to own homes Arlington Ridge rent to own homes Aurora Highlands rent to own homes Columbia Heights South rent to own homes Arlington Views rent to own homes Foxcroft Heights rent to own homes Claremond rent to own homesBuying a Home in Arlington, VA
Arlington, VA is seeing rapid growth and Arlington, VA's' housing market remains not optimal with an average home price that is 236% above the 2024 national average. Arlington, VA is part of Arlington 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 Arlington is 0.8% which is below the national average, which is 0.99%.
Median Home Price in Arlington, VA
Median Rent in Arlington, VA
Top Reasons to Live in Arlington VA
Housing Market Statistics Such community and safety comes at a price, and the asking price for your dream home can be steep. According to city-data.com, in 2011 the mean price of homes for sale was at $609,048 overall, with the average price for a single family home at $737, 987 and townhome asking prices at $538,252. The median gross rent paid monthly was at $1,673. Homes and apartments for sale are also difficult to find, with only 5% of properties in the area being vacant. Those looking to rent an apartment, or even rent to own, have something of a silver lining in that cloud. Renter-occupied properties make up a small majority of the properties available in Arlington, at 54%. Those looking to rent an apartment or home, as opposed to buying one of the historic residences available in the city, are at an advantage in the current market.
Nightlife Tourists come to Arlington and Washington year round to see places of historical significance, such as the National Cemetery and the Smithsonian museums. But what is there for the locals to enjoy? Pick a neighborhood in Arlington, and you'll find no shortage of bars, restaurants, and clubs. You can even visit a cinema with a built in, full-service restaurant and bar.
Weather and Climate Residents of Arlington live comfortably throughout the year. Its close proximity to the Chesapeake Bay and Potomac River guarantee no extremes in temperature. One can also enjoy a noticeable change in seasons throughout the year. According to the weather statistics on Virginia.org, Arlington's temperatures can dip as low as 19 to 42 degrees Fahrenheit in January and get as high as 60 to 86 degrees Fahrenheit in June. The Northern Virginia Climate region experiences an average of 38.29 average precipitation annually and rarely more than a few inches of snow on the ground at any given time during the winter. Those of you who enjoy the autumn months will most enjoy mid-to-late October. 10/15 to 10/25 is calculated as the peak time period for fall foliage color.
Neighborhoods The city of Arlington has its share of neighborhoods, each with its own character. According to Arlington Magazine, many neighborhoods in the city and surrounding areas are on the rise.