Long-term Rental Rates — August 2026 · ZIPs: 21117,21136
Local market data by Estaite
As of August 2026, rental prices in Owings Mills / Reisterstown, MD range from $1,578 to $3,265 per month depending on property type and bedroom count.
The steepest year-over-year rent decrease occurred in 3BR apartments, which declined by -6.07% since August 2025.
For 2BR units, single-family homes have a median rent of $2,358, apartments are $1,905, and condos/townhomes are $1,982.
What is the rent range for Owings Mills / Reisterstown, MD in August 2026?
In August 2026, rents in Owings Mills / Reisterstown, MD range from $1,578 for a 1BR condo/townhome to $3,265 for a 4BR apartment.
Which segment had the biggest year-over-year rent decline in Owings Mills / Reisterstown, MD, and was the drop broad or limited?
The most significant YoY rent decline was in 3BR apartments, falling -6.07% from August 2025; apartment rents also declined for 2BR (-1.70%) and 4BR (-0.76%), but 1BR apartments increased by 2.38%.
Which segment saw the largest annual rent increase in Owings Mills / Reisterstown, MD, and was this growth widespread or concentrated?
The greatest annual rent growth was in 3BR condos/townhomes, which rose 2.48% YoY in August 2026; in condos/townhomes, positive growth was limited to 3BR units, while other bedroom counts had lower or negative YoY changes.
What is the premium gap between apartments and condos/townhomes for the same bedroom count in Owings Mills / Reisterstown, MD?
For 2BR units, apartments rent for $1,905 and condos/townhomes rent for $1,982, a $77 gap favoring condos/townhomes; for 3BR, apartments are $2,307 and condos/townhomes are $2,710, a $403 gap favoring condos/townhomes.
Owings Mills / Reisterstown, MD
August 2026
21117,21136
Long-term Rental Rates
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,610 – $1,780
-2.34%
2.38%
2-Bedroom
$1,810 – $2,001
-4.14%
-1.70%
3-Bedroom
$2,192 – $2,423
-7.48%
-6.07%
4-Bedroom
$3,214 – $3,300
0.53%
-0.76%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,527 – $1,628
-6.24%
-3.73%
2-Bedroom
$1,932 – $2,032
-3.00%
-1.92%
3-Bedroom
$2,588 – $2,831
3.11%
2.48%
4-Bedroom
$2,922 – $3,197
0.41%
-1.21%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,771 – $1,862
-1.17%
-1.21%
2-Bedroom
$2,299 – $2,417
-0.14%
0.15%
3-Bedroom
$2,689 – $2,896
-2.57%
-3.44%
4-Bedroom
$3,033 – $3,267
-2.34%
-3.33%
Data updated: October 3, 2026
Owings Mills / Reisterstown Rental Trends
In the Owings Mills / Reisterstown (21117, 21136) rental market, 3-bedroom apartments saw median rent decline by 7.5% month-over-month to $2,307 as of August 2026. The segment also experienced a notable annual drop of -6.1%, signaling increased price sensitivity for renters seeking larger apartment units in Owings Mills / Reisterstown (21117, 21136).
The condo/townhome segment for 2-bedroom units in Owings Mills / Reisterstown (21117, 21136) posted a median rent of $1,982, reflecting a 3.0% drop in August 2026. This trails the $1,905 average for 2-bedroom apartments by $77, marking a slightly less pronounced decline than apartments, which fell 4.1% month-over-month.
Looking at annual shifts, Owings Mills / Reisterstown (21117, 21136) rental trends indicate the 3-bedroom single-family segment declined 3.4% year-over-year, bringing median rent to $2,792. In contrast, 3-bedroom condos saw 2.5% annual growth, suggesting detached homes are softening compared to townhomes for this size class.