Rent-to-Own Homes in Baltimore, MD: Everything You Need to Know
Baltimore, Maryland is a culturally rich city, full of history and brimming with life. The cost of living is high, but what you get is worth it. If you want a city with personality, then Baltimore is the city for you.
The Cost of Living in Baltimore
Baltimore is an expensive city to settle in. Overall, it’s 17% more expensive than the rest of the country. Housing is 47% more expensive, and utilities are 7% more. The median home price of a Baltimore house is $149,959. The average rent of an apartment is $1,646. One-bedrooms cost $1,484 per month, whereas two-bedrooms cost $1,832.
The Local Culture
The people of Baltimore love crabs. Summer is spent enjoying steamed crabs, or crabs in soup or dip. Craft brews are another favorite – beer was first canned here! Restaurants like Sally O’s serve up mouthwatering comfort food. Sally O’s is known for its delicious Highlandtown Smashburger, or two huge patties, shredded iceberg, American cheese, fried onions, pickles, and spicy sauce. Whitehall Market is a converted 18th-century mill that now houses cafes, bars, restaurants, and shops. Among these eateries is Ceremony Coffee and Crust by Mack.
The Local Sports Scene
Affectionately called ‘Birdland,’ Baltimore earned this name from two of their major sports teams; the Orioles and the Ravens. The Orioles are a part of the MLB and the Ravens are a part of the NFL.
Weather and Climate
Baltimore has a humid, subtropical climate. The summers are hot and so humid your hair will frizz right up once you are outside the house. The winters are cold, windy, and damp. Baltimore sees about 20” of snow per year and 41” of rain. July is the hottest month, with temperatures averaging at about 89ºF. January is the coldest month; the temperature scarcely dips below 29ºF.
Know Your Neighborhoods
Home to nearly 2,000, Butcher’s Hill is widely considered one of the best places to live in all of Maryland. Residents, many of whom are young professionals, enjoy a dense urban environment. The median home value is $281,700. The median rent is $1,546 and roughly half the residents rent their homes.
Wyman Park is another Maryland favorite. Many of the 1,000 residents are families and young professionals. The median home value is $268,863 and just over half the residents own their homes. The median rent is $1,157.
Mid-Town Belvedere is also one of Maryland’s best neighborhoods. Nearly 4,000 residents live here, enjoying the dense urban environment. The median home value is $246,628. The median rent is $1,234 and nearly all residents rent their homes.