DC Renters: Why Rent to Own?

Thinking about buying? Some DC area landlords give you a “Rent-to-Own” option! Here’s why this can be a great way to go:

• Live in your condo, townhome, or house first to see if you wish to buy it.

• A large portion of the rent will go toward the purchase price.

• The sales price of your apartment cannot increase for two years.

• A part of your rent can be applied toward your down payment.

• Purchase is optional � you don’t need to decide right away!

• Best rent credit if you decide within one year to buy (see sample chart below).

Tenant Buys Within

Amount Going Toward Purchase Price

one year

50% of total rent goes to purchase

year and a half

30% of total rent goes to purchase

two years

20% of total rent goes to purchase

Not every landlord agrees to “rent-to-own”, so tell us at our first meeting if you are considering this option. Our state-of-the-art database highlights Rent-to-Own opportunities in DC, Virginia, and Maryland. We’ll guide you every step of the way!

It's Simple. Free. And Convenient.
Let us help you find your home today!

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Urban Igloo, LLC , support the spirit and intent of all local, state, and federal fair housing laws for all residents without regard to color, race, religion, sex, marital status, mental or physical disability, age, familial status, sexual orientation, or national origin. Urban Igloo, 900 19th Street, NW, Suite 400 Washington, D.C. 20036