How much does it cost to rent in Owings Mills, MD?

As of July 2026, the median monthly rent in Owings Mills, MD is $1,871. This figure is based on aggregated data from public sources and community-submitted rents.

Is Owings Mills cheaper than other Maryland cities?

Owings Mills falls in the middle range for Maryland, ranking #59 out of 95 cities at $1,871/mo.

When was Owings Mills rent data last updated?

Owings Mills rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · MD

Owings Mills

Name: Average Rent Prices in Owings Mills, MD
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 37,245·59th most expensive in Maryland·Rental market data updated monthly for Owings Mills, MD

Median rent (all units)

$1,871/mo

Year-over-Year

+4.9%

Month-over-Month

+2.0%

vs US Median

-$94

Rising (Monthly)

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Most AffordableMost Expensive

Owings Mills · $1,871

More expensive than 51% of US cities · National median $1,965/mo

Rent Reality Score

58/100

Fairly priced

OverheatedFairGreat value

Rents are 4% below what Owings Mills's 10-year trend predicts — a better deal than its own history suggests.

Actual rent

$1,871/mo

Expected by trend

$1,944/mo

The Rent Reality Score compares today's median rent to where Owings Mills's own long-run trajectory projects it should be. See the full rankings →

Medians by bedroom

Rent by unit size

Studio

$1,610

1 BR

$1,840

2 BR

$2,250

3 BR

$2,900

4 BR+

$3,240

Research median

$2,250/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost

$22,452/yr

At $1,871/mo median

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 4.9% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+4.9% YoY, +2.0% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Owings Mills, MD is roughly split between renters and owners, has a median income above the national average, 47.1% of residents hold a bachelor's degree or higher.

Population

37,245

Median income

$96,243

Median age

33.4

Renters

54.7%

Age distribution

24.9%

28.3%

26.6%

Under 1824.9%

18–3428.3%

35–5426.6%

55–6410.7%

65+9.4%

Gender

42.3%

57.7%

Male42.3%

Female57.7%

Race & ethnicity

21.3%

62.5%

12.7%

White21.3%

Black62.5%

Hispanic12.7%

Asian4.1%

Education (25+)

17.5%

30.4%

47.1%

No HS diploma5%

HS diploma17.5%

Some college30.4%

Bachelor's+47.1%

Housing tenure

45.3%

54.7%

Owner45.3%

Renter54.7%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Owings Mills, MD has changed in 5 years

Rent

$1,502 → $1,871

up 24.6%

Income

$87,376 → $96,243

up 10.1%

Population

35,170 → 37,245

up 5.9%

Renter share

51% → 54.7%

+3.7 pts

Bachelor's+

47.6% → 47.1%

-0.5 pts

Median age

34 → 33.4

-0.6 yrs

Rent in Owings Mills, MD has climbed 24.6% since 2021, going from about $1,502 per month to roughly $1,871 today. Local incomes tracked alongside that move, going from a median of $87,376 in 2021 to $96,243 more recently. Rent outpaced income growth by roughly 14.5 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 35,170 to 37,245 between 2021 and 2024, a 5.9% change. About 54.7% of households rent today, against 51% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Owings Mills, MD market of 2021.

Community

Discussions about Owings Mills

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View Owings Mills rent history (2015–2026) →

Salary vs rent

Can you afford rent in Owings Mills on your salary?

At $1,871/mo, how Owings Mills rent compares to typical pay (30% rule).

Registered Nurse

Avg $102,038/yr · Rent = 22% income

affordable

Elementary School Teacher

Avg $72,446/yr · Rent = 31% income

stretched

Police Officer

Avg $83,452/yr · Rent = 26.9% income

affordable

Software Developer

Avg $149,159/yr · Rent = 15.1% income

very comfortable

Lawyer

Avg $190,588/yr · Rent = 11.8% income

very comfortable

Firefighter

Avg $67,835/yr · Rent = 33.1% income

stretched

Truck Driver

Avg $61,247/yr · Rent = 36.7% income

stretched

Electrician

Avg $75,492/yr · Rent = 29.7% income

affordable

By apartment size

Owings Mills rent by bedroom count

Median rent for each apartment size in Owings Mills. Click any size for full breakdown.

Local insights

Tips for renters in Owings Mills

About renting in Owings Mills, MD

Last updated: July 20, 2026

The median rent in Owings Mills is $1,871/mo as of July 2026. A studio apartment averages $1,610/mo while a 2-bedroom runs $2,250/mo. One-bedroom apartments average $1,840/mo and 3-bedroom units go for $2,900/mo.

At 23% of local median household income ($96,243/yr), Owings Mills ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.9% over the past year.

FAQ

Frequently asked questions

Is Owings Mills an affordable city for renters?

Owings Mills is considered very affordable for renters. At $1,871/mo, rent takes approximately 23% of the local median household income ($96,243/yr). The standard benchmark is 30%. Owings Mills falls comfortably within that range.

How much income do you need to rent in Owings Mills?

To keep rent at or below 30% of gross income, you would need to earn at least $75,000/year (~$36/hour full-time) to afford the median rent of $1,871/mo in Owings Mills. The local median household income is $96,243/yr, meaning the typical Owings Mills household meets that threshold.

Is rent going up or down in Owings Mills?

Rent in Owings Mills has increased 4.9% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Owings Mills rent compare to other cities in Maryland?

Owings Mills is middle-of-the-pack for Maryland for rent, ranking #59 out of 95 tracked cities at $1,871/mo.

Which nearby cities are cheaper to rent in than Owings Mills?

Several nearby cities have lower median rents than Owings Mills ($1,871/mo): Lochearn ($1,411/mo), Randallstown ($1,481/mo), Reisterstown ($1,490/mo).

What percentage of Owings Mills residents rent vs. own?

According to Census data, approximately 54.7% of Owings Mills households are renters, while 45.3% are owner-occupied. With a majority renter population, Owings Mills has a strong rental market.

How does Owings Mills rent compare to the national average?

Owings Mills's median rent of $1,871/mo is $94 (5%) below the US national median of $1,965/mo. Within Maryland, it ranks #59 out of 95 tracked cities.

Income Affordability

23%

VERY AFFORDABLE

At $1,871/mo, rent takes ~23% of Owings Mills's median household income ($96,243/yr). The standard benchmark is 30%.

Owings Mills 23%Benchmark 30%

State income tax2–5.75%

Run the Owings Mills affordability calculator →

Nearby cities