Rent to own Homes in Springfield, VA
Springfield is a popular suburb of Washington, D.C., with a 2010 census population of over 30,000 people. It straddles Interstates 95/495 and 395, and the spot where they all meet is known as the Melting Pot or the Mixing Bowl. Its location, places it right at the heart of the Northern Virginia area, known as the most populous area surrounding the nation's capital and also one of the most desirable addresses in the country.
Springfield, VA is a great place for affordable rent-to-own homes! With a median household income of over $103,438 and a median rent of $2,143, the Springfield, 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 Springfield, 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 Springfield, VA Property Resources
Rent to own Homes in Cities Near Springfield, VA
- Alexandria
- Annandale
- Aquia Harbour
- Arlington
- Bailey's Crossroads
- Boswell's Corner
- Braddock
- Bristow
- Burke
- Burke Centre
- Cedar Heights
- Cheltenham
- Cherry Hill
- Chevy Chase
- Chevy Chase Village
- Difficult Run
- Dumfries
- Dunn Loring
- Fairfax
- Fairfax Station
- Fair Lakes
- Falls Church
- Floris
- Forest Glen
- Fort Hunt
- Great Falls Crossing
- Hutchison
- Innovation
- Kingstowne
- Leesylvania
- Linton Hall
- Loch Lomond
- Mantua
- Maryland Park
- Mount Vernon
- Nanjemoy
- Navy
- Nokesville
- North Bethesda
- North Chevy Chase
- Oakton
- Port Tobacco
- Quantico
- Sudley
- Sugarland Run
- Union Mill
- Vienna
- Washington Navy Yard
- White Plains
- Yorkshire
Neighborhoods in Springfield, VA
No neighborhoods foundPopular Zip Codes in Springfield, VA
22150 rent to own homesBuying a Home in Springfield, VA
Springfield, VA is seeing rapid growth and Springfield, VA's' housing market remains not optimal with an average home price that is 119% above the 2024 national average. Springfield, VA is part of Fairfax 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 Fairfax is 0.89% which is below the national average, which is 0.99%.
Median Home Price in Springfield, VA
Median Rent in Springfield, VA
Top 5 Reasons to Live in Springfield, VA
Great real estate! Home prices in Springfield have more than doubled since the year 2000, and the increase over the past year was 3.8 percent. There is plenty to do in Fairfax County, including fishing, winery tours and historic sites; you can also ride the Blue Line Metro to the city for all the delights of the capital.
It feels like the country! The surrounding countryside is a destination for locals and tourists who wish to get out of the city. Hidden Pond Nature Center is a good place to spend the day -- there are wooded trails, live animals, educational programs and a picnic area, as well as a snack center and gift shop. Also, be sure to visit Lake Accotink park. Ride the carousel or rent a paddle boat or kayak to get on the water. You can also bike, walk or run around the lake on a well-maintained trail.
Updated shopping! A completely rebuilt and updated shopping mall awaits you. The Springfield Town Center just reopened in October 2014, and lots of new retail shops have yet to hold grand openings. There's also a brand new LA Fitness, a 12-screen movie theater, and the familiar anchor stores. After you shop until you almost drop, stop in a Maggiano's and take home fresh, homemade pasta.
Pick your neighborhood! If you're in the market for a rent to own home, you may have to choose your area carefully -- rentals are prized in Springfield. The Town Center neighborhood is a very walkable spot, and a favorite of urban sophisticates owing to a mix of single homes and apartment buildings. An extremely popular area is the vicinity of Pohick Rd. and Rockdale Ln., where you'll find historic row houses and town homes.
Great restaurants! There's no shortage of restaurants here. Mike's American Grill is popular and offers just what it promises -- familiar, tasty favorites. Be aware, though; it's usually crowded. For what many call the best Asian food anywhere in the area, try the Asian Grill. After a visit or two, you'll be greeted by name and treated like family.