Median rent for residential apartments in Owings Mills, MD as of Dec, 2022.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
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119 Owings Mills, MD, USA apartments for rent
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Owings Mills
Owings Mills, MD has a population of 34,231, while the median age is 34. The household income in Owings Mills, MD is around $72,609. The homeownership rate among the residents is 46%. The median residential property value in Owings Mills, MD that you should keep in mind is $246,500.
| Population | 34,231 |
| Median Age | 33.8 |
| Poverty Rate | 8% |
| Household Income | $72,609 |
| Number Of Employees | 18,817 |
| Median Property Value | $246,500 |
Housing Trends
How much is an apartment in Owings Mills, MD, USA
Average apartment rent in Owings Mills: $2,316 (+17.2%)
| Rent Price | Dec | vs Last Month |
|---|---|---|
| 1-bed apartments | $1,709 | +3% |
| 2-bed apartments | $1,909 | +14.2% |
| 3-bed apartments | $2,315 | +13.7% |
| 4+ bed apartments | $4,554 | +55.2% |
Over the Dec 2022, the average rent for an apartment in/near Owings Mills, MD increased by 17.2% to $2,316.
The average price for a rental studio in Owings Mills, MD has remained the same as last month and equals $2,176. Breaking it down in details, we now see that the average price for 1-bed apartment increased by 3% to $1,709. Pricing for 2-bed apartment also increased by 14.2% and a place of this size will now cost you $1,909. 3-bed apartment rent pricing starts at $2,315, it increased by 13.7% lately. We tend to note the rise of 4- and more bed apartment pricing. It increased by 55.2% and made it up to $4,554.
| Rent Type Price | Dec | vs Last Month |
|---|---|---|
| Apartments for rent | $1,894 | +7.7% |
| Houses for rent | $3,369 | +17.1% |
| Townhouses for rent | $2,267 | +13% |
| Lofts for rent | $2,700 | +31.6% |
The median rent for an apartment in Owings Mills, MD increased by 7.7% to $1,894. Statistics show that house rent price increased by 17.1% this month making it up to $3,369. Condo for rent is now available for the same pricing as previously — $1,507. The median rent for a loft faced changes as well, it increased by 31.6%, the price tag now starts at $2,700. The median rent for a townhouse increased by 13%, you’ll have to spend around $2,267 to get one.
Rent vs Own
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