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Rental Market Trends in Hagerstown, MD

What is the average rent in Hagerstown, MD?

$1,164/month

Average Rent

701 Sq Ft

Average Apartment Size

-0.2%

Decrease in the Last Year

As of January 2026, the average rent in Hagerstown, MD is $1,164 per month. This is 28% lower than the national average rent of $1,625/month, making renting in Hagerstown more affordable than most cities in the US. When you rent an apartment in Hagerstown, you can expect to pay about $870 per month for a studio, $1,164 for a one-bedroom apartment, and around $1,378 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,622 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$870/month
474 Sq Ft
One Bedroom
$1,164/month
701 Sq Ft
Two Bedroom
$1,378/month
955 Sq Ft
Three Bedroom
$1,622/month
1,423 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,535/month
1,099 Sq Ft
Three Bedroom
$1,913/month
1,076 Sq Ft
Four Bedroom
$2,710/month
2,134 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,159/month
577 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,972/month
1,121 Sq Ft

How much has average rent changed in Hagerstown, MD?

In the past year, rent has decreased by 0.2%, which averages out to $2 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Hagerstown, MD
Last Updated January 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Hagerstown, MD
Percentage*
Rent Range
10% Below $700/month
23% $700 - $1,000/month
47% $1,001 - $1,500/month
19% $1,501 - $2,000/month
1% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Hagerstown?

Based on current rent prices, Oak Ridge Development, City Square and Downtown Historic Hagerstown are the most affordable neighborhoods in Hagerstown.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Oak Ridge Development
$1,344/month
777 Sq Ft
City Square
$1,485/month
618 Sq Ft
Downtown Historic Hagerstown
$1,485/month
618 Sq Ft
Historic Heights
$1,540/month
621 Sq Ft

What are the most expensive neighborhoods in Hagerstown?

Based on current rent prices, Historic Heights, City Square and Downtown Historic Hagerstown are the most expensive neighborhoods in Hagerstown.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Historic Heights
$1,540/month
621 Sq Ft
City Square
$1,485/month
618 Sq Ft
Downtown Historic Hagerstown
$1,485/month
618 Sq Ft
Oak Ridge Development
$1,344/month
777 Sq Ft

Which Hagerstown neighborhoods have the most rentals available?

The neighborhoods in Hagerstown with the most apartments available are City Square, Downtown Historic Hagerstown and Oak Ridge Development .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
City Square
$1,485/month
618 Sq Ft
Downtown Historic Hagerstown
$1,485/month
618 Sq Ft
Oak Ridge Development
$1,344/month
777 Sq Ft
Historic Heights
$1,540/month
621 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Hagerstown, MD?

Because the average rent in Hagerstown is $1,164, you’ll want to make about $3,880 per month or $46,560 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Hagerstown, MD

315 Available Apartments for Rent

Search for Nearby Apartments

How does Hagerstown, MD compare to other nearby cities and neighborhoods?

Use the tool below to compare Hagerstown, MD to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Hagerstown, MD

Apartment Averages

Oak Ridge Development

Hagerstown, MD

Historic Heights

Hagerstown, MD

Studio
-
$924/month
One Bedroom
-
$1,381/month
Two Bedroom
-
$1,500/month
Three Bedroom
-
$1,620/month
Search
Search

Apartment communities in Hagerstown we think you'll love

Burhans Village

Burhans Village

,
Hagerstown, MD 21740

$2,025 - $2,965

3 Beds

The Apartments at Oak Hill

The Apartments at Oak Hill

55 Manor Dr,
Hagerstown, MD 21740

$1,304 - $1,735

1-3 Beds

Rosewood Village

Rosewood Village

11211 John F Kennedy Dr,
Hagerstown, MD 21742

$1,377 - $1,910

2-3 Beds

34 W Franklin St

34 W Franklin St

34 W Franklin St,
Hagerstown, MD 21740

$1,850 - $2,500

Studio - 2 Beds

Property Management Companies in Hagerstown, MD

Maryland Management
Maryland Management
  • 21

    Communities

  • 5,562

    Units

  • 12

    Cities

2 Communities in Hagerstown
AION Management
AION Management
  • 50

    Communities

  • 17,441

    Units

  • 36

    Cities

1 Community in Hagerstown
Burkentine and Sons Builders
Burkentine and Sons Builders
  • 19

    Communities

  • 3,421

    Units

  • 16

    Cities

1 Community in Hagerstown
APT Management
APT Management
  • 14

    Communities

  • 1,256

    Units

  • 11

    Cities

1 Community in Hagerstown

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United States Maryland Hagerstown Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity