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.
|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|
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.