Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.
Owings Mills, MD Rental Market Trends
What is the average rent in Owings Mills?
The average rent for an apartment in Owings Mills is $1,537, a 5% increase compared to the previous year, when the average rent was $1,469.
Average Rent in Owings Mills, MD
Last updated September 2021
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,537 | 5% | 1,024 sq. ft. |
What is the average apartment size in Owings Mills?
The average size for a Owings Mills, MD apartment is 1,024 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Owings Mills, MD Apartment Rent Ranges
Owings Mills, MD Occupied Housing Units
5,568 or 41% of the households in Owings Mills, MD are renter-occupied while 7,801 or 58% are owner-occupied.
Owings Mills, MD Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Sep / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Owings Mills, MD | $1,358 | $1,358 | $1,405 | $1,402 | $1,435 | $1,463 | $1,469 | $1,470 | $1,513 | $1,537 |
| National | $1,316 | $1,347 | $1,356 | $1,361 | $1,393 | $1,400 | $1,402 | $1,393 | $1,397 | $1,510 |
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How Owings Mills Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Washington | $2,160 | n/a |
| Baltimore City | $1,432 | 9% |
| Arlington | $2,334 | 10% |
| Alexandria | $1,902 | 9% |
| Silver Spring | $1,708 | 3% |
| Hyattsville | $1,580 | 4% |
| Laurel | $1,720 | 7% |
| Rockville | $2,002 | 5% |
| Fairfax | $2,054 | 13% |
| Bethesda | $2,440 | 1% |
| Owings Mills | $1,537 | 5% |
Most Popular Apartments in Owings Mills
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Owings Mills apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.