RentDataNowRentDataNow
City Report · PA

Hanover

Pop. 16,584·125th most expensive in Pennsylvania·One of the most affordable rental markets in the US
Median rent (all units)
$1,334/mo
Year-over-Year
-1.6%
Month-over-Month
+0.5%
vs US Median
-$631
Stable (Monthly)
Be the first to discuss Hanover rents ↓
Most AffordableMost Expensive
Hanover · $1,334
More affordable than 86% of US cities · National median $1,965/mo
Rent Reality Score
58/100
Fairly priced
OverheatedFairGreat value

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

Actual rent
$1,334/mo
Expected by trend
$1,387/mo
The Rent Reality Score compares today's median rent to where Hanover's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$950
1 BR
$1,080
2 BR
$1,350
3 BR
$1,820
4 BR+
$1,900
Research median
$1,350/mo

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

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost
$16,008/yr
At $1,334/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (-1.6% YoY, +0.5% MoM), not inventory.
Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Hanover, PA is roughly split between renters and owners, has a median income below the national average, 15.9% of residents hold a bachelor's degree or higher.

Population
16,584
Median income
$61,293
Median age
41.2
Renters
46.6%
Age distribution
20.6%
23.6%
24.7%
12.8%
18.3%
Under 1820.6%
18–3423.6%
35–5424.7%
55–6412.8%
65+18.3%
Gender
48.2%
51.8%
Male48.2%
Female51.8%
Race & ethnicity
78.8%
12.7%
White78.8%
Black3.8%
Hispanic12.7%
Asian1.5%
Other3.2%
Education (25+)
46.2%
26.7%
15.9%
No HS diploma11.2%
HS diploma46.2%
Some college26.7%
Bachelor's+15.9%
Housing tenure
53.4%
46.6%
Owner53.4%
Renter46.6%

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

2023 vs 2026

How Hanover, PA has changed in 5 years

Rent
$1,199 → $1,334
up 11.3%
Income
$56,277 → $61,293
up 8.9%
Population
16,291 → 16,584
up 1.8%
Renter share
43.9% → 46.6%
+2.7 pts
Bachelor's+
17.3% → 15.9%
-1.4 pts

Five years ago, renters in Hanover, PA paid around $1,199 a month. That figure now sits near $1,334, up 11.3% from the 2023 baseline. Local incomes tracked alongside that move, going from a median of $56,277 in 2021 to $61,293 more recently. Census counts show Hanover, PA adding about 293 residents over the five-year window, up 1.8% on net. The renter share has risen from 43.9% to 46.6%, with owner-occupied housing accounting for the remainder. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Hanover, PA market of 2023.

Community

Discussions about Hanover

No discussions yet. Start the conversation.

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

Can you afford rent in Hanover on your salary?

At $1,334/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, PA

Last updated: July 20, 2026

The median rent in Hanover is $1,334/mo as of July 2026. A studio apartment averages $950/mo while a 2-bedroom runs $1,350/mo. One-bedroom apartments average $1,080/mo and 3-bedroom units go for $1,820/mo.

At 26% of local median household income ($61,293/yr), Hanover ranks as affordable compared to the national benchmark of 30%. Rents have decreased 1.6% over the past year.

FAQ

Frequently asked questions

Is Hanover an affordable city for renters?

Hanover is considered affordable for renters. At $1,334/mo, rent takes approximately 26% of the local median household income ($61,293/yr). The standard benchmark is 30%. Hanover falls comfortably within that range.

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 $53,000/year (~$25/hour full-time) to afford the median rent of $1,334/mo in Hanover. The local median household income is $61,293/yr, meaning the typical Hanover household meets that threshold.

Is rent going up or down in Hanover?

Rent in Hanover has decreased 1.6% over the past year as of July 2026, offering some relief compared to 12 months ago.

How does Hanover rent compare to other cities in Pennsylvania?

Hanover is one of the more affordable cities in Pennsylvania for rent, ranking #125 out of 167 tracked cities at $1,334/mo.

Which nearby cities are cheaper to rent in than Hanover?

Several nearby cities have lower median rents than Hanover ($1,334/mo): Dallastown ($1,013/mo), Gettysburg ($1,247/mo).

What percentage of Hanover residents rent vs. own?

According to Census data, approximately 46.6% of Hanover households are renters, while 53.4% are owner-occupied. Hanover leans toward homeownership, which can mean a smaller rental inventory.

How does Hanover rent compare to the national average?

Hanover's median rent of $1,334/mo is $631 (32%) below the US national median of $1,965/mo. Within Pennsylvania, it ranks #125 out of 167 tracked cities.
Income Affordability
26%
AFFORDABLE

At $1,334/mo, rent takes ~26% of Hanover's median household income ($61,293/yr). The standard benchmark is 30%.

Hanover 26%Benchmark 30%
State income tax3.07%
Run the Hanover affordability calculator →
Lowest-rent ZIP codes in Hanover
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Hanover, PA

Recent submissions

Be the first to submit your rent for Hanover.

Recent discussions

No discussions yet.