Hagerstown, MD has a population of 40,222, while the median age is 35. The household income in Hagerstown, MD is around $40,761. The homeownership rate among the residents is 39%. The median residential property value in Hagerstown, MD that you should keep in mind is $148,300.
Population | 40,222 |
Median Age | 34.6 |
Poverty Rate | 27% |
Household Income | $40,761 |
Number Of Employees | 17,540 |
Median Property Value | $148,300 |
Rent Price | Jul | vs Last Month |
---|---|---|
1 bed rentals | $1,155 | +12.7% |
2 bed rentals | $1,270 | +18.2% |
3 bed rentals | $1,857 | -6% |
4+ bed rentals | $1,991 | -21.3% |
Over the Jul 2022, the average rent for an apartment in/near Hagerstown, MD increased by 2.5% to $1,580.
Breaking it down in details, we now see that the average price for 1-bed apartment increased by 12.7% to $1,155. Pricing for 2-bed apartment also increased by 18.2% and a place of this size will now cost you $1,270. 3-bed apartment rent pricing starts at $1,857, it decreased by 6% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 21.3% and made it down to $1,991.
Rent Type Price | Jul | vs Last Month |
---|---|---|
House rentals | $1,975 | +8.7% |
Townhouse rentals | $1,667 | -3.6% |
Apartment rentals | $1,117 | +9.9% |
The median rent for an apartment in Hagerstown, MD increased by 9.9% to $1,117. Statistics show that house rent price increased by 8.7% this month making it up to $1,975. The median rent for a townhouse decreased by 3.6%, you’ll have to spend around $1,667 to get one.