Burhans Village
,
Hagerstown, MD 21740
3 Beds | $2,025 - $2,450
Rental Market Trends in Hagerstown, MD
What is the average rent in Hagerstown, MD?
$1,158/month
Average Rent
694 Sq Ft
Average Apartment Size
+5.2%
Increase in the Last Year
As of March 2025, the average rent in Hagerstown, MD is $1,158 per month. This is 26% lower than the national average rent of $1,560/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 $621 per month for a studio, $1,158 for a one-bedroom apartment, and around $1,349 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,601 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Hagerstown, MD?
In the past year, rent has increased by 5.2%, which averages out to $61 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2025
Legend
2024
2025
Rent Ranges in Hagerstown, MD
Last Updated March 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
12%
Below $700/month
24%
$700 - $1,000/month
50%
$1,001 - $1,500/month
12%
$1,501 - $2,000/month
2%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Hagerstown?
Based on current rent prices, Maryland West/Hagerstown, Broadway North and Elizabethtown East are the most affordable neighborhoods in Hagerstown.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Hagerstown?
Based on current rent prices, Historic Heights, City Square and Northwest Hagerstown are the most expensive neighborhoods in Hagerstown.
Neighborhood
Average Rent
Average Sq Ft
Which Hagerstown neighborhoods have the most rentals available?
The neighborhoods in Hagerstown with the most apartments available are City Square, Historic Heights and Locust Point .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Hagerstown, MD?
Because the average rent in Hagerstown is $1,158, you’ll want to make about $3,860 per month or $46,320 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.
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.
Studio
-
$772/month
One Bedroom
$554/month
$1,306/month
Two Bedroom
$796/month
$1,468/month
Three Bedroom
$748/month
$1,542/month
Apartment communities in Hagerstown we think you'll love
Property Management Companies in Hagerstown, MD
Shaool Management
-
10
Communities
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1,318
Units
-
5
Cities
5 Communities in Hagerstown
Maryland Management
-
34
Communities
-
8,711
Units
-
15
Cities
2 Communities in Hagerstown
AION Management
-
55
Communities
-
18,695
Units
-
37
Cities
1 Community in Hagerstown
Burkentine and Sons Builders
-
18
Communities
-
3,075
Units
-
15
Cities
1 Community in Hagerstown
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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 February 2025.
* Percentages may not total 100 due to rounding.