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What to Know About
Life in Owings Mills & Beyond
Owings Mills shares many of the great qualities that make Maryland a desirable place to live.
Maryland, known as the "Old Line State," is a unique blend of historic charm and stunning scenery. With a rich colonial heritage and breathtaking landscapes, Maryland is a feast for the senses. Explore iconic landmarks such as the Chesapeake Bay and the Inner Harbor, the historic city of Annapolis, and historic sites like Fort McHenry, the birthplace of the American National Anthem. Major universities in the state include the University of Maryland, Johns Hopkins University, and Towson University, providing a solid educational foundation for students.
The state is also home to the Baltimore Ravens (NFL) and Baltimore Orioles (MLB), providing ample opportunities for sports enthusiasts. In addition, adventurers can enjoy outdoor recreational activities, including boating on the Chesapeake Bay, fishing, and hiking in parks like Assateague Island National Seashore and Patapsco Valley State Park. In addition, explore famous attractions like the National Aquarium, Oriole Park at Camden Yards, Pimlico Race Course, and the Maryland Science Center.
From the Chesapeake Bay to the Appalachian Mountains, Maryland has something for everyone to enjoy, and the state's strong economy and high quality of life make it an ideal place to call home.
Rental Market Trends
Owings Mills, MD
As of May 2025, Owings Mills's rental market is highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers. Owings Mills's average rent is 8.4% ($158) higher than the Maryland average of $1,888 and 14.1% ($253) higher than the U.S. average of $1,793.
Average Rent
$2,046
Monthly ChangeMonth Over Month Change
0.7% ($14)
Yearly ChangeYear Over Year Change
15.1% ($268)
Avg. Days on MarketAverage Days on Market
20
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,656 | 0.9% ($15) | 17.5% ($247) |
| 2 Beds | $2,090 | 0.6% ($12) | 15.5% ($281) |
| 3 Beds | $2,658 | 1.8% ($48) | 15.6% ($358) |
| Nearby Cities | Average Rent | Avg. Rent vs. Owings MillsAverage Rent vs. Owings Mills | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Reisterstown | $1,466 | 28.3% ($580) | 24 days |
| Randallstown | $1,548 | 24.3% ($498) | 21 days |
| Windsor Mill | $1,606 | 21.5% ($440) | 24 days |
| Cockeysville | $1,909 | 6.7% ($137) | 20 days |
| Gwynn Oak | $1,458 | 28.7% ($588) | 19 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Owings Mills Rental Market FAQs
Explore rental prices, market trends, and availability in Owings Mills, MD.
The average rent in Owings Mills, MD is $2,046 per month.
Houses in Owings Mills typically rent for between $1,159 and $3,455 per month, with an average of $2,046 per month.
In Owings Mills, the average rent for a 1-bedroom house is $1,656 per month, for a 2-bedroom house, $2,090 per month, and a 3-bedroom house is $2,658 per month.
The average rent in Owings Mills is 14.1% ($253) higher than the national average of $1,793 per month.
The average rent in Owings Mills has increased by 0.7% ($14) in the last month and increased by 15.1% ($268) over the past year.
The rental market in Owings Mills, MD, is currently highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers.
In Owings Mills, MD, the average rental stays on the market for approximately 20 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 40 rental properties available in Owings Mills, MD.
Based on the current averages, a household would need an annual income of $83,600 to comfortably afford a 2-bedroom house in Owings Mills.
