How much does it cost to rent in Hagerstown, MD?

As of August 2026, the median monthly rent in Hagerstown, MD is $1,402. This figure is based on aggregated data from public sources and community-submitted rents.

Is Hagerstown cheaper than other Maryland cities?

Hagerstown is among the more affordable cities in Maryland, ranking #93 out of 94 cities at $1,402/mo.

When was Hagerstown rent data last updated?

Hagerstown rent data reflects August 2026 and was last refreshed on August 17, 2026. RentDataNow refreshes all data monthly using public and private datasets.

Is Hagerstown a renter's market or a landlord's market?

Based on RentDataNow's Rent Market Meter, Hagerstown is currently a renter's market. Rents are softening (up only 3.0% YoY), so renters have negotiating leverage. The meter is derived from rent-price momentum (year-over-year and month-over-month change), not inventory levels.

What is the Fair Market Rent in Hagerstown, MD?

HUD sets the Fair Market Rent for a two-bedroom home in Hagerstown, MD at $1,200 per month, which is 14% below the $1,402 market median. Fair Market Rent is the Housing Choice Voucher (Section 8) payment standard. It is a 40th-percentile gross rent that includes essential utilities such as electricity, water, gas, sewer, and trash, and HUD updates it once a year, so it measures something different from current market asking rent.

City Report · MD

Hagerstown

Name: Average Rent Prices in Hagerstown, MD
Creator: RentDataNow
License: https://creativecommons.org/licenses/by/4.0/

Pop. 43,665·93rd most expensive in Maryland·One of the most affordable rental markets in the US

Median rent (all units)

$1,402/mo

Year-over-Year

+3.0%

Month-over-Month

-2.8%

vs US Median

-$560

Falling (Monthly)

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Most AffordableMost Expensive

Hagerstown · $1,402

More affordable than 81% of US cities · National median $1,962/mo

Rent Reality Score

50/100

Fairly priced

OverheatedFairGreat value

Rents are right about where Hagerstown's 10-year trend predicts.

Actual rent

$1,402/mo

Expected by trend

$1,399/mo

The Rent Reality Score compares today's median rent to where Hagerstown's own long-run trajectory projects it should be. See the full rankings →

Medians by bedroom

Rent by unit size

Studio

$820

1 BR

$910

2 BR

$1,200

3 BR

$1,650

4 BR+

$1,840

Fair Market Rent (HUD)

$1,200/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,402 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

Loading…

Last updated: August 17, 2026

Annual cost

$16,824/yr

At $1,402/mo median

Rent Market Meter

Renter's Market

Renter's MarketBalancedLandlord's Market

Rents are softening (up only 3.0% YoY), so renters have negotiating leverage.

Based on rent-price momentum (+3.0% YoY, -2.8% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Hagerstown, MD is majority renter-occupied, has a large share of families with children, has a median income below the national average, 20.5% of residents hold a bachelor's degree or higher.

Population

43,665

Median income

$52,221

Median age

35.8

Renters

56.7%

Age distribution

25.8%

22.8%

25.7%

14.6%

Under 1825.8%

18–3422.8%

35–5425.7%

55–6411.1%

65+14.6%

Gender

47.6%

52.4%

Male47.6%

Female52.4%

Race & ethnicity

59.1%

21.2%

12.2%

White59.1%

Black21.2%

Hispanic12.2%

Asian1.4%

Other6.1%

Education (25+)

15.2%

35.2%

29.2%

20.5%

No HS diploma15.2%

HS diploma35.2%

Some college29.2%

Bachelor's+20.5%

Housing tenure

43.3%

56.7%

Owner43.3%

Renter56.7%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Hagerstown, MD has changed in 5 years

Rent

$969 → $1,402

up 44.7%

Income

$42,965 → $52,221

up 21.5%

Population

43,015 → 43,665

up 1.5%

Renter share

60.5% → 56.7%

-3.8 pts

Bachelor's+

18.9% → 20.5%

+1.6 pts

The median rent in Hagerstown, MD stood at $969 in 2021 and currently runs about $1,402, reflecting a 44.7% increase over the period. On the earnings side, the typical household in Hagerstown, MD now reports about $52,221, up from $42,965 in 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 1.5% since 2021, moving from about 43,015 residents to roughly 43,665. Renters now make up 56.7% of households, compared with 60.5% five years ago. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and Hagerstown, MD reflects that arc in its own way.

Community

Discussions about Hagerstown

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View Hagerstown rent history (2015–2026) →

Salary vs rent

Can you afford rent in Hagerstown on your salary?

At $1,402/mo, how Hagerstown rent compares to typical pay (30% rule).

Registered Nurse

Avg $102,038/yr · Rent = 16.5% income

very comfortable

Elementary School Teacher

Avg $72,446/yr · Rent = 23.2% income

affordable

Police Officer

Avg $83,452/yr · Rent = 20.2% income

affordable

Software Developer

Avg $149,159/yr · Rent = 11.3% income

very comfortable

Lawyer

Avg $190,588/yr · Rent = 8.8% income

very comfortable

Firefighter

Avg $67,835/yr · Rent = 24.8% income

affordable

Truck Driver

Avg $61,247/yr · Rent = 27.5% income

affordable

Electrician

Avg $75,492/yr · Rent = 22.3% income

affordable

By apartment size

Hagerstown rent by bedroom count

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

Local insights

Tips for renters in Hagerstown

About renting in Hagerstown, MD

Last updated: August 17, 2026

The median rent in Hagerstown is $1,402/mo as of August 2026. A studio apartment averages $820/mo while a 2-bedroom runs $1,200/mo. One-bedroom apartments average $910/mo and 3-bedroom units go for $1,650/mo.

At 32% of local median household income ($52,221/yr), Hagerstown ranks as moderate compared to the national benchmark of 30%. Rents have increased 3.0% over the past year.

FAQ

Frequently asked questions

Is Hagerstown an affordable city for renters?

Hagerstown is considered moderate for renters. At $1,402/mo, rent takes approximately 32% of the local median household income ($52,221/yr). The standard benchmark is 30%. Hagerstown slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Hagerstown?

To keep rent at or below 30% of gross income, you would need to earn at least $56,000/year (~$27/hour full-time) to afford the median rent of $1,402/mo in Hagerstown. The local median household income is $52,221/yr, meaning the typical Hagerstown household falls short of that threshold.

Is rent going up or down in Hagerstown?

Rent in Hagerstown has increased 3.0% over the past year as of August 2026, putting upward pressure on renter budgets.

How does Hagerstown rent compare to other cities in Maryland?

Hagerstown is one of the more affordable cities in Maryland for rent, ranking #93 out of 94 tracked cities at $1,402/mo.

Which nearby cities are cheaper to rent in than Hagerstown?

Waynesboro is nearby and more affordable at $1,395/mo, which is $7 less than Hagerstown.

What percentage of Hagerstown residents rent vs. own?

According to Census data, approximately 56.7% of Hagerstown households are renters, while 43.3% are owner-occupied. With a majority renter population, Hagerstown has a strong rental market.

How does Hagerstown rent compare to the national average?

Hagerstown's median rent of $1,402/mo is $560 (29%) below the US national median of $1,962/mo. Within Maryland, it ranks #93 out of 94 tracked cities.

Income Affordability

32%

MODERATE

At $1,402/mo, rent takes ~32% of Hagerstown's median household income ($52,221/yr). The standard benchmark is 30%.

Hagerstown 32%Benchmark 30%

State income tax2–5.75%

Run the Hagerstown affordability calculator →

Nearby cities