Narrow results by city
Rent to Own Homes in District of Columbia
Once known as the District of Columbia, Washington D.C. is the United States capitol and the hub of the federal government. For short, it’s often referred to as The District or D.C. The Washington Metropolitan Area centers on D.C. but also includes portions of Maryland, Virginia and West Virginia. While tourists flock to the district every year... Read More
Once known as the District of Columbia, Washington D.C. is the United States capitol and the hub of the federal government. For short, it’s often referred to as The District or D.C. The Washington Metropolitan Area centers on D.C. but also includes portions of Maryland, Virginia and West Virginia. While tourists flock to the district every year to tour the White House and learn more about Congress and the House of Representatives, Washington is also the place of employment for thousands of people you don’t read about in the news everyday.The below results are primarily rent to own homes in :
Once known as the District of Columbia, Washington D.C. is the United States capitol and the hub of the federal government. For short, it’s often referred to as The District or D.C. The Washington Metropolitan Area centers on D.C. but also includes portions of Maryland, Virginia and West Virginia. While tourists flock to the district every year... Read More
Once known as the District of Columbia, Washington D.C. is the United States capitol and the hub of the federal government. For short, it’s often referred to as The District or D.C. The Washington Metropolitan Area centers on D.C. but also includes portions of Maryland, Virginia and West Virginia. While tourists flock to the district every year to tour the White House and learn more about Congress and the House of Representatives, Washington is also the place of employment for thousands of people you don’t read about in the news everyday.The below results are primarily rent to own homes in :
While Washington is overrun with politicians and lobbyists, it’s also full of students. The district is home to the public University of the District of Columbia as well as many private universities, including George Washington University, Georgetown University and the American University. Other attractions in the city include the National Mall, a long list of memorial parks and the Potomac River. The district is serviced by the Washington National Airport.
Buying a Home in Washington DC?
If you’re relocating to Washington D.C., think about whether you want to keep your personal vehicle and pay excessive parking prices or get rid of it in favor of the Metro and old-fashioned walking or biking. Parking is limited in the city, and traffic will add a lot of time to your commute if you decide to drive to work. Many residents put their cars in storage so that they can use them for vacations out of the district, but that’s an expense not everyone can afford.
Tourism adds a lot of traffic to Capital Hill and the downtown area is often flooded with students and visitors. While some residents prefer to live in these areas so that they can walk or bike to their jobs on the Hill, others prefer neighborhoods that are more removed. If you can visit the district before moving, it’s a good idea to get a feel for the traffic level in different neighborhoods before purchasing a home.
Popular Neighborhoods in Washington DC?
One of the most desirable neighborhoods in DC for families as well as singles is Dupont Circle. This is one of the safest areas of the city, and it allows residents to walk to restaurants, stores and schools. The community feels removed from the hustle of the capital, but the prices of the homes reflect the desirability of the area. The West End and Logan Circle are additional neighborhoods that allow you to walk to nearby attractions, so you can live comfortably without a personal vehicle.
Buying vs. Rent to Own Homes?
For generations, homeowners have been taking out home loans to finance their dreams of home ownership. The process of applying for a mortgage loan is more stressful today than ever before, and you may not feel quite ready for that stress. That’s okay because you now have the option of renting your home before you make it your own.
This process allows you to move into your home as a renter with a portion of your monthly rent going into a separate account. This money collects and will eventually go toward the purchase of the home. This kind of contract is convenient because it gives you more time to get ready for the loan application process.
Cost of Living in Washington DC?
The overall cost of living in the capital city is approximately 30% higher than the national average, but not all expenses are equal. Housing is more than double the national average and represents the biggest expense for most residents. The costs of groceries and transportation are also higher national averages, but utilities, healthcare and prices for goods and services are all a bit more affordable than national averages.
Washington D.C. is the home of the president and the hub of the federal government, but it’s also home to many private universities. While the cost of living within the district is much higher than the national average, you get the advantage of living close to national memorials, the White House and a long list of attractions that other people must take vacation to see. While many people working in the district actually live in surrounding states, you can live comfortably without a personal vehicle if you decide to make the district your home.
Summary
Washington D.C. is the home of the president and the hub of the federal government, but it’s also home to many private universities. While the cost of living within the district is much higher than the national average, you get the advantage of living close to national memorials, the White House and a long list of attractions that other people must take vacation to see. While many people working in the district actually live in surrounding states, you can live comfortably without a personal vehicle if you decide to make the district your home.