City Report · MD

Hagerstown

Pop. 43,665·92nd most expensive in Maryland·One of the most affordable rental markets in the US
Median rent (all units)
$1,377/mo
Year-over-Year
+2.4%
Month-over-Month
+0.4%
vs US Median
-$555
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Hagerstown · $1,377
More affordable than 83% of US cities · National median $1,932/mo
Rent Reality Score
59/100
Fairly priced
OverheatedFairGreat value

Rents are 4% below what Hagerstown's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,377/mo
Expected by trend
$1,439/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 $1,377 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

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

February. Asking rents in Hagerstown usually run 0.9% below trend in February and 0.9% above it in May, about $25 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in Hagerstown is at its highest level since Zillow's records here began in March 2015.

Past year vs. the rest of Maryland

Rent in Hagerstown changed +2.4% over the year to September 2026. Across the 81 Maryland cities Zillow tracks, the typical change was +2.4%.

Rent vs. income since 2019

From 2019 to 2024, rent in Hagerstown rose 52% while median household income rose 28% ($40,800 to $52,221). Rent outpaced income.

Since before the pandemic

Rent in Hagerstown is 58.8% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 2 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($52,221) is $1,306 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,200); a 3-bedroom is $1,650.

From Zillow's monthly rent index (ZORI) for Hagerstown. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$16,524/yr
At $1,377/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.4% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.4% YoY, +0.4% MoM), not inventory.
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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
$977 → $1,377
up 40.9%
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 $977 in 2021 and currently runs about $1,377, reflecting a 40.9% 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

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

Can you afford rent in Hagerstown on your salary?

At $1,377/mo, how Hagerstown rent compares to typical pay (30% rule).

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: October 17, 2026

The median rent in Hagerstown is $1,377/mo as of October 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 2.4% over the past year.

FAQ

Frequently asked questions

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 $55,000/year (about $26/hour full-time) to afford the median rent of $1,377/mo in Hagerstown. The local median household income is $52,221/yr, so the typical household falls short of that bar.

Is rent going up or down in Hagerstown?

Rent in Hagerstown has risen 2.4% over the past year as of September 2026. That is the highest level since Zillow's records here began in March 2015.

When is the cheapest time to rent in Hagerstown?

Asking rents in Hagerstown are usually lowest in February, about 0.9% below their yearly trend, and highest in May, about 0.9% above it. At today's median that is a gap of roughly $25 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in Hagerstown?

Yes. From 2019 to 2024, rent in Hagerstown rose 52% while median household income rose 28%, from $40,800 to $52,221. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does Hagerstown rent compare to other cities in Maryland?

Hagerstown is one of the more affordable among Maryland cities for rent, ranking #92 of 93 tracked cities at $1,377/mo. Over the year to September 2026, rent in Hagerstown changed +2.4%, against a typical +2.4% across the 81 Maryland cities Zillow tracks.
Income Affordability
32%
MODERATE

At $1,377/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 →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Hagerstown, MD

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