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ZIP Code · MD

ZIP 21740

Pop. 64,792·Washington County·139th most expensive ZIP in Maryland
Median rent (all units)
$1,317/mo
Year-over-Year
+3.5%
Month-over-Month
-0.3%
vs US Median
-$648
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 21740 · $1,317
More affordable than 86% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$850
1 BR
$950
2 BR
$1,240
3 BR
$1,670
4 BR+
$1,870
Research median
$1,240/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
$15,804/yr
At $1,317/mo median
Location
StateMD
CountyWashington County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.5% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.5% YoY, -0.3% MoM), not inventory.
Demographics

Who lives here

ZIP 21740 (Hagerstown, MD) is majority owner-occupied, has a median income below the national average, 20.7% of residents hold a bachelor's degree or higher.

Population
64,792
Median income
$62,873
Median age
37.9
Renters
44.7%
Age distribution
22.8%
22.5%
26.8%
16.3%
Under 1822.8%
18–3422.5%
35–5426.8%
55–6411.7%
65+16.3%
Gender
49.7%
50.3%
Male49.7%
Female50.3%
Race & ethnicity
63.1%
18.2%
White63.1%
Black18.2%
Hispanic11.6%
Asian1.8%
Other5.3%
Education (25+)
14.3%
35.4%
29.6%
20.7%
No HS diploma14.3%
HS diploma35.4%
Some college29.6%
Bachelor's+20.7%
Housing tenure
55.3%
44.7%
Owner55.3%
Renter44.7%

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

2021 vs 2026

How ZIP 21740 in Hagerstown, MD has changed in 5 years

Rent
$919 → $1,317
up 43.3%
Income
$52,065 → $62,873
up 20.8%
Population
63,413 → 64,792
up 2.2%
Renter share
46.7% → 44.7%
-2.0 pts
Bachelor's+
19.6% → 20.7%
+1.1 pts
Median age
38.7 → 37.9
-0.8 yrs

Across the past five years, the going rent in ZIP 21740 in Hagerstown, MD has shifted from $919 to $1,317, up 43.3% since 2021. Census figures show median household income at $62,873 today, compared with $52,065 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 21740 in Hagerstown, MD adding about 1,379 residents over the five-year window, up 2.2% on net. The renter share has eased from 46.7% to 44.7%, with owner-occupied housing accounting for the remainder. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

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Local insights

Tips for renters in ZIP 21740

About renting in ZIP 21740

Last updated: July 20, 2026

ZIP code 21740 covers Hagerstown, MD. The median rent here is $1,317/mo as of July 2026. A 1-bedroom rents for a median of $950/mo. A 2-bedroom rents for a median of $1,240/mo.

At 25% of local median household income ($62,873/yr), ZIP 21740 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.5% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 21740?

As of July 20, 2026, the median monthly rent in ZIP 21740 (Hagerstown, MD) is $1,317. This is based on aggregated data from public sources and community submissions.

How does ZIP 21740 rent compare to the US average?

ZIP 21740's median rent of $1,317/mo is $648 (33%) below the US national median of $1,965/mo.

How does ZIP 21740 compare to other ZIPs in Maryland?

ZIP 21740 is among the more affordable ZIP codes in Maryland, ranking #139 out of 140 ZIPs at $1,317/mo.

How much income do you need to rent in ZIP 21740?

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 $1,317/mo in ZIP 21740. The local median household income is $62,873/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 21740?

Rent in ZIP 21740 has increased 3.5% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 21740 an affordable place to rent?

ZIP 21740 is considered affordable for renters. At $1,317/mo, rent takes approximately 25% of the local median household income ($62,873/yr). The standard benchmark is 30%. ZIP 21740 falls comfortably within that range.

What percentage of ZIP 21740 residents rent vs. own?

According to Census data, approximately 44.7% of ZIP 21740 households are renters, while 55.3% are owner-occupied. ZIP 21740 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 21740 compare to the rest of Hagerstown?

ZIP 21740 is more affordable than Hagerstown overall. At $1,317/mo, it's $125 below the Hagerstown citywide median of $1,442/mo.

When was rent data for ZIP 21740 last updated?

Rent data for ZIP 21740 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
25%
AFFORDABLE

At $1,317/mo, rent takes ~25% of ZIP 21740's median household income ($62,873/yr). The standard benchmark is 30%.

ZIP 21740 25%Benchmark 30%
State income tax2–5.75%
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Schools nearby

Public schools near ZIP 21740 (Hagerstown, MD)

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