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20 Studio Apartments for rent in Owings Mills, MD

Last updated November 18 at 4:15am UTC
10912 REISTERSTOWN RD #C
Owings Mills
Owings Mills, MD
Updated November 18 at 1:49am UTC
Studio
$1,200
Results within 5 miles of Owings Mills, MD
6819 REISTERSTOWN RD
Fallstaff
Baltimore, MD
Updated November 17 at 5:20pm UTC
Studio
Ask
2500 N Rolling Rd
Milford Mill
Milford Mill, MD
Updated November 8 at 8:44pm UTC
Studio
$1,725
7 GREENWOOD PL
Baltimore
Baltimore, MD
Updated November 8 at 1:54pm UTC
Studio
$10,000
Jamestowne Apartments & Townhomes
5364 Jamestowne Ct
Baltimore, MD
Updated November 18 at 2:23am UTC
Studio
$775
Results within 10 miles of Owings Mills, MD
Fairway Ridge
4998 W Forest Park Ave
Baltimore, MD
Updated November 18 at 12:09am UTC
Studio
$1,105
Icon Residences at Rotunda
727 West 40th Street
Baltimore, MD
Updated November 18 at 12:25am UTC
Studio
$1,600
218 S Augusta Ave
Irvington
Baltimore, MD
Updated November 18 at 1:31am UTC
Studio
$375
783 N. Grantley Street
Edmondson Village
Baltimore, MD
Updated November 15 at 11:58am UTC
Studio
$1,200
2921 Belmont Ave
Rosemont
Baltimore, MD
Updated November 8 at 8:43pm UTC
Studio
$800
10910 REISTERSTOWN RD #A
Owings Mills
Owings Mills, MD
Updated October 10 at 2:41pm UTC
Studio
$2,500
3996 ROLAND AVE
Hampden
Baltimore, MD
Updated November 5 at 2:31pm UTC
Studio
Ask
11223 YORK RD #F
Cockeysville
Cockeysville, MD
Updated October 10 at 2:40pm UTC
Studio
$650
6700 Security Blvd
Woodlawn
Woodlawn, MD
Updated November 17 at 9:41am UTC
Studio
$1,199

November 2018 Owings Mills Rent Report

Welcome to the November 2018 Owings Mills Rent Report. Owings Mills rents increased over the past month. In this report, we'll evaluate trends in the Owings Mills rental market, including comparisons to cities throughout the metro, state, and nation.

View full Owings Mills Rent Report
Rent Report
Owings Mills

November 2018 Owings Mills Rent Report

Welcome to the November 2018 Owings Mills Rent Report. Owings Mills rents increased over the past month. In this report, we'll evaluate trends in the Owings Mills rental market, including comparisons to cities throughout the metro, state, and nation.

Owings Mills rents increased significantly over the past month

Owings Mills rents have increased 0.5% over the past month, and are up moderately by 2.1% in comparison to the same time last year. Currently, median rents in Owings Mills stand at $1,220 for a one-bedroom apartment and $1,530 for a two-bedroom. This is the fifth straight month that the city has seen rent increases after a decline in May. Owings Mills' year-over-year rent growth leads the state average of 1.0%, as well as the national average of 1.1%.

Rents rising across the Baltimore Metro

Throughout the past year, rent increases have been occurring not just in the city of Owings Mills, but across the entire metro. Of the largest 10 cities that we have data for in the Baltimore metro, 8 of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

  • Odenton has the most expensive rents in the Baltimore metro, with a two-bedroom median of $2,290; the city has also seen rent growth of 2.8% over the past year, the fastest in the metro.
  • Over the past year, Towson has seen the biggest rent drop in the metro, with a decline of 3.4%. Median two-bedrooms there cost $1,470, while one-bedrooms go for $1,170.
  • Essex has the least expensive rents in the Baltimore metro, with a two-bedroom median of $1,120; rents grew 0.2% over the past month and 1.8% over the past year.

Many large cities nationwide show more affordable rents compared to Owings Mills

As rents have increased moderately in Owings Mills, a few large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Compared to most large cities across the country, Owings Mills is less affordable for renters.

  • Owings Mills' median two-bedroom rent of $1,530 is above the national average of $1,180. Nationwide, rents have grown by 1.1% over the past year compared to the 2.1% rise in Owings Mills.
  • While Owings Mills' rents rose moderately over the past year, the city of Nashville saw a decrease of 0.2%.
  • Renters will generally find more expensive prices in Owings Mills than most large cities. For example, Detroit has a median 2BR rent of $890, where Owings Mills is more than one-and-a-half times that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Baltimore $940 $1,180 0.4% -1.6%
Columbia $1,530 $1,920 -0.1% 1.0%
Glen Burnie $1,180 $1,480 0.3% 2.0%
Ellicott City $1,480 $1,860 0.0% 1.2%
Dundalk $940 $1,180 -0.4% 0.1%
Towson $1,170 $1,470 -0.1% -3.4%
Catonsville $1,120 $1,400 0.9% 2.4%
Essex $890 $1,120 0.2% 1.8%
Annapolis $1,480 $1,850 -0.5% 2.8%
Odenton $1,820 $2,290 -0.3% 2.8%
See more

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.