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Rental Market Trends in Hanover, PA

Updated July 2026

The average rent in Hanover, PA is $1,386/month.

Rent in Hanover is 17% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$1,386/month

Average Rent

791 Sq Ft

Average Size

+1%

Change / Year

78

Available Apartments

Hanover rent varies by unit size and layout:

  • Studio apartments in Hanover average $996 per month.
  • One-bedroom apartments in Hanover average $1,386 per month.
  • Two-bedroom apartments in Hanover average $1,486 per month.
  • Three-bedroom apartments in Hanover average $1,663 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$996/month
484 Sq Ft
One Bedroom
$1,386/month
791 Sq Ft
Two Bedroom
$1,486/month
973 Sq Ft
Three Bedroom
$1,663/month
1,410 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$2,018/month
1,446 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$1,926/month
130 Sq Ft
View Hanover Apartments

How much has average rent changed in Hanover, PA?

In the past year, rent has increased by 1%, which averages out to $14 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Hanover, PA

July 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Hanover, PA
Percentage*
Rent Range
0% Below $700/month
13% $700 - $1,000/month
40% $1,001 - $1,500/month
47% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Hanover, PA?

Because the average rent in Hanover is $1,386, you’ll want to make about $4,620 per month or $55,440 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

Hanover, PA

78 Available Apartments for Rent

Search for Nearby Apartments

How does Hanover, PA compare to other nearby cities and neighborhoods?

Use the tool below to compare Hanover, PA 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.

View the Hanover Area Guide

Apartment Averages

Apartment Communities in Hanover We Think You'll Love

Rowen Place Apartments

Rowen Place Apartments

343 Pumping Station Rd,
Hanover, PA 17331

1-3 Beds | $1,657 - $2,345

Hanover Apartments

Hanover Apartments

203 W Clearview Rd,
Hanover, PA 17331

1-2 Beds | $1,260 - $1,535

Sandune Apartments

Sandune Apartments

211 N Oxford Ave,
Mcsherrystown, PA 17344

3 Beds | $1,650

Yorktowne Townhomes

Yorktowne Townhomes

2 Clearview Ct,
Hanover, PA 17331

2-3 Beds | $1,624 - $1,950

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Frequently Asked Questions

What is the average rent in Hanover?

The average rent in Hanover is $1,386 per month, which is 16.7% lower than the national average of $1,663.

What is the average rent for a house in Hanover?

The average rent for a house in Hanover, PA is $2,018 per month.

Are rents going up or down in Hanover?

Rents in Hanover, PA are increasing, with prices up 1.0% year-over-year and $14 more per month.

What rent range is most common in Hanover?

In Hanover, PA, 47% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.

United States Pennsylvania Hanover 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 June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity