Median rent for residential in as of Jul, 2022.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
19 Hagerstown, MD, USA apartments for rent
Hagerstown
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 |
Housing Trends
How much is an apartment in Hagerstown, MD, USA
Average rent in Hagerstown: $1,580 (+2.5%)
| 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.