Owings Mills, MD Rental Market Trends
Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Owings Mills is $1,798, a 0.75% increase compared to the previous year, when the average rent was $1,785.
Studio Apartments at $1,114 offer the most budget-friendly option with 490 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 804 square feet for $1,534, balancing privacy and affordability.
Two-beedroom units at $1,857 offer 1,150 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,273 sq ft) for $2,247, suitable for larger households.
Average rent in Owings Mills, MD
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,798 | 1,049 sq. ft. |
| Studio | $1,114 | 490 sq. ft. |
| 1 Bed | $1,534 | 804 sq. ft. |
| 2 Beds | $1,857 | 1,150 sq. ft. |
| 3 Beds | $2,247 | 1,273 sq. ft. |
Owings Mills, MD rent trends
Rental prices in Owings Mills, MD have increased by 0.75% over the past year. The average rent moved from $1,785 to $1,798.
What's the typical rent budget in Owings Mills, MD?
The largest share of rentals in Owings Mills, MD (43%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Owings Mills, MD?
7,736 or 55% of the households in Owings Mills, MD are renter-occupied while 6,425 or 45% are owner-occupied.
How Owings Mills Compares to Other Cities
| City | Average Rent |
|---|---|
| Owings Mills | $1,798 |
| Baltimore City | $1,644 |
| Silver Spring | $1,977 |
| Frederick | $1,931 |
| Rockville | $2,366 |
| Hyattsville | $1,890 |
| Columbia | $2,143 |
| Laurel | $1,930 |
| Annapolis | $2,258 |
| Gaithersburg | $2,058 |
| Bethesda | $2,765 |
| North Laurel | $2,076 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Owings Mills apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.