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Rental Market Trends in Owings Mills, MD

Updated July 2026

The average rent in Owings Mills, MD is $1,586/month.

Rent in Owings Mills is roughly equal to the national average rent of of $1,662/month.

$1,586/month

Average Rent

772 Sq Ft

Average Size

+1.7%

Change / Year

806

Available Apartments

Owings Mills rent varies by unit size and layout:

  • Studio apartments in Owings Mills average $1,422 per month.
  • One-bedroom apartments in Owings Mills average $1,586 per month.
  • Two-bedroom apartments in Owings Mills average $1,901 per month.
  • Three-bedroom apartments in Owings Mills average $2,257 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,422/month
528 Sq Ft
One Bedroom
$1,586/month
772 Sq Ft
Two Bedroom
$1,901/month
1,123 Sq Ft
Three Bedroom
$2,257/month
1,272 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$2,814/month
1,313 Sq Ft
Four Bedroom
$2,741/month
1,671 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$2,702/month
973 Sq Ft
View Owings Mills Apartments

How much has average rent changed in Owings Mills, MD?

In the past year, rent has increased by 1.7%, which averages out to $27 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Owings Mills, MD

July 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Owings Mills, MD
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
12% $1,001 - $1,500/month
50% $1,501 - $2,000/month
38% Above $2,000/month

Rent by Neighborhood

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Owings Mills?

Based on current rent prices, Garrison is the most affordable neighborhood in Owings Mills.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Garrison
$1,783/month
775 Sq Ft

What are the most expensive neighborhoods in Owings Mills?

Based on current rent prices, Garrison is the most expensive neighborhood in Owings Mills.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Garrison
$1,783/month
775 Sq Ft

Which Owings Mills neighborhoods have the most rentals available?

The neighborhood in Owings Mills with the most apartments available is Garrison .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Garrison
$1,783/month
775 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Owings Mills, MD?

Because the average rent in Owings Mills is $1,586, you’ll want to make about $5,286 per month or $63,432 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Owings Mills, MD

806 Available Apartments for Rent

Search for Nearby Apartments

How does Owings Mills, MD compare to other nearby cities and neighborhoods?

Use the tool below to compare Owings Mills, MD to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

View the Owings Mills Area Guide

Apartment Averages

Garrison

Owings Mills, MD

Garrison

Owings Mills, MD

Studio
$1,602/month
$1,602/month
One Bedroom
$1,740/month
$1,740/month
Two Bedroom
$2,221/month
$2,221/month
Three Bedroom
$2,783/month
$2,783/month
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Randallstown

    Randallstown

  • Windsor Mill

    Windsor Mill

Apartment Communities in Owings Mills We Think You'll Love

The Preserve at Owings Crossing Apartment Homes

The Preserve at Owings Crossing Apartment Homes

10 Brookebury Dr,
Reisterstown, MD 21136

Studio - 3 Beds | $1,190 - $2,492

Park at Winterset

Park at Winterset

4700 Winterset Way,
Owings Mills, MD 21117

2 Beds | $2,056 - $2,071

The Apartments at Owings Run

The Apartments at Owings Run

4604 Owings Run Rd,
Owings Mills, MD 21117

1-3 Beds | $1,897 - $2,544

Owings Park

Owings Park

9202 Owings Park Dr,
Owings Mills, MD 21117

1-3 Beds | $1,642 - $2,500

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Frequently Asked Questions

What is the average rent in Owings Mills?

The average rent in Owings Mills is $1,586 per month, which is 4.6% lower than the national average of $1,662.

What is the average rent for a house in Owings Mills?

The average rent for a house in Owings Mills, MD is $2,814 per month.

Are rents going up or down in Owings Mills?

Rents in Owings Mills, MD are increasing, with prices up 1.7% year-over-year and $27 more per month.

What rent range is most common in Owings Mills?

In Owings Mills, MD, 50% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.

United States Maryland Owings Mills Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity