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Studio Apartments for Rent in Hagerstown, MD

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    $775 Per Month

    • Studio
    • 1 Bath
    • 550 Sq Ft
    • Condo for Rent

    42 E Washington St Unit 4 BSMT, Hagerstown, MD 21740

    * Basement-level studio apartment on East Washington St. * The studio features an open living/sleeping area, a functional kitchen, and a private bathroom. Bring your own style, furniture, and a little creativity to turn this apartment into a comfortable home with plenty of character!Conveniently located near local shopping, dining and entertainment, and just minutes from I-70 for

    42 E Washington St Unit 4 BSMT, Hagerstown, MD 21740
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    $1,025 Per Month

    • Studio
    • 1 Bath
    • 600 Sq Ft
    • Condo for Rent

    306 N Potomac St Unit 3, Hagerstown, MD 21740

    * Great Downtown Hagerstown Unit for Lease! *This cozy downtown studio apartment located on the 3rd floor features a large living and bedroom space with plenty of natural light from the many windows this unit boasts. Laundry is located in the building, coin op. Parking is available in the rear of the property. Located conveniently just minutes from local

    306 N Potomac St Unit 3, Hagerstown, MD 21740

Why Live in Hagerstown

Hagerstown's historic City Park stands as a cultural centerpiece, featuring scenic walking paths around a serene lake and housing the prestigious Washington County Museum of Fine Arts. The city's rich heritage comes alive through attractions like the Hagerstown Roundhouse Museum and the preserved Jonathan Hager House. Outdoor recreation flourishes along the C&O Canal National Historical Park's trails, while the Maryland Theatre hosts performances in its beautifully restored venue. Local dining ranges from contemporary American cuisine at Bistro 11 to authentic Thai dishes at Silk Thai Restaurant & Bar.

The housing market presents diverse options across distinct neighborhoods. Single family homes in Saint James command a median price of $425,000, while Fountainhead-Orchard Hills sees median prices at $400,500. The North End neighborhood features single family homes with a median price of $307,500. Townhouse seekers will find options in Collegiate Acres, where the median price sits at $290,000. The median price for one bedroom condos throughout Hagerstown is $131,000, while two bedroom condos have a median price of $205,300.

Property taxes in Washington County maintain a 0.89% effective rate, comparing favorably to Frederick County's 1.02% and Franklin County, PA's 1.11%. Residents pay a 3.20% local income tax rate and a 6% state sales tax. The Barbara Ingram School for the Arts, rated A by Niche, serves as a standout public high school option. Saint James School, a private institution, earned an A+ rating. Commuters benefit from County Commuter buses and proximity to I-70 and I-81, with Baltimore approximately 70 miles southeast and Washington D.C. 75 miles away. Major employers include Meritus Medical Center, First Data, and Volvo Group Trucks.

Frequently Asked Questions

How much does it cost to rent a home in Hagerstown, MD?
The median rent for a home in Hagerstown, MD is $1,400 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Hagerstown, MD?
To comfortably afford the median rent in Hagerstown, MD, a household needs to earn roughly $56,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,400 per month in Hagerstown, MD, renters typically need to show $4,200 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Hagerstown, MD?
In Hagerstown, MD, the price-to-rent ratio is 18.4, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$1,400
Median Single Family Home Rent
$1,800
Median Townhouse Rent
$1,600
Median Condo Rent
$1,100
How to Rent a Home