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City Report · MA

Hanover

·25th most expensive in Massachusetts·One of the pricier rental markets in the US
Median rent (all units)
$3,042/mo
Year-over-Year
Stable
Month-over-Month
-5.1%
vs US Median
+$1,077
Falling (Monthly)
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Most AffordableMost Expensive
Hanover · $3,042
More expensive than 91% of US cities · National median $1,965/mo
Affordability
51% of income
EXPENSIVE
0%30% benchmark60%+

At $3,042/mo, rent takes about 51% of the US median household income, well above the 30% benchmark.

Income to afford
$122,000/yr
US median income
$72,000/yr
Based on the 30%-of-income rule using Hanover's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$2,000
1 BR
$2,140
2 BR
$2,550
3 BR
$3,080
4 BR+
$3,390
Research median
$2,550/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$36,504/yr
At $3,042/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -5.1% MoM), not inventory.
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Community

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View Hanover rent history (2015–2026) →
Salary vs rent

Can you afford rent in Hanover on your salary?

At $3,042/mo, how Hanover rent compares to typical pay (30% rule).

By apartment size

Hanover rent by bedroom count

Median rent for each apartment size in Hanover. Click any size for full breakdown.

Local insights

Tips for renters in Hanover

About renting in Hanover, MA

Last updated: July 20, 2026

The median rent in Hanover is $3,042/mo as of July 2026. A studio apartment averages $2,000/mo while a 2-bedroom runs $2,550/mo. One-bedroom apartments average $2,140/mo and 3-bedroom units go for $3,080/mo.

At 51% of estimated US median household income ($72,000/yr), Hanover ranks as expensive compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Hanover an affordable city for renters?

Hanover is considered expensive for renters. At $3,042/mo, rent takes approximately 51% of the US median household income ($72,000/yr). The standard benchmark is 30%. Hanover significantly exceeds that threshold, making it challenging for many renters.

How much income do you need to rent in Hanover?

To keep rent at or below 30% of gross income, you would need to earn at least $122,000/year (~$59/hour full-time) to afford the median rent of $3,042/mo in Hanover.

Is rent going up or down in Hanover?

Rent in Hanover has been relatively stable over the past year, with a 0.0% change year over year as of July 2026.

How does Hanover rent compare to other cities in Massachusetts?

Hanover is one of the pricier cities in Massachusetts for rent, ranking #25 out of 107 tracked cities at $3,042/mo.

Which nearby cities are cheaper to rent in than Hanover?

Several nearby cities have lower median rents than Hanover ($3,042/mo): Weymouth ($2,501/mo), Kingston ($2,820/mo), Marshfield ($2,956/mo).

How does Hanover rent compare to the national average?

Hanover's median rent of $3,042/mo is $1,077 (55%) above the US national median of $1,965/mo. Within Massachusetts, it ranks #25 out of 107 tracked cities.
Income Affordability
51%
EXPENSIVE

At $3,042/mo, rent takes ~51% of US median household income ($72,000/yr). The standard benchmark is 30%.

Hanover 51%Benchmark 30%
State income tax5%
Run the Hanover affordability calculator →
Lowest-rent ZIP codes in Hanover
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Hanover, MA

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