What's the average rent in Hanover, MD?
Rental Market Trends in Hanover, MD
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SOURCE: TRULIA DATA
Rental market highlights
As of August 2026, the average rent in Hanover, MD is $3,295 per month, which is 68% higher than the national average rent of $1,965 per month.
AVERAGE RENT
$3,295
3.0%$95 increase month-over-month
6.3%$195 increase year-over-year
AVAILABLE RENTALS
42
APARTMENTS
HOUSES
TOWNHOUSES
As of August 2026, apartments are the most affordable rental option in Hanover, MD at $1,998 per month, while houses are the most expensive at $3,911 per month. Townhomes average $3,300 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,600 |
| 2 Bedrooms | $2,645 |
| 3 Bedrooms | $3,300 |
| 4 Bedrooms | $3,599 |
| All | $3,295 |
As of August 2026, the average rent for a 1 bedroom rental in Hanover, MD is $1,600 per month, followed by $2,645 for a 2 bedroom rental, $3,300 for a 3 bedroom rental, and $3,599 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,400 |
| 2 Bedrooms | $1,995 |
| 3 Bedrooms | $3,300 |
| 4 Bedrooms | $3,599 |
| All | $3,300 |
As of August 2026, the average rent for a 1 bedroom townhome in Hanover, MD is $1,400 per month, followed by $1,995 for a 2 bedroom townhome, $3,300 for a 3 bedroom townhome, and $3,599 for a 4 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $699 |
| 2 Bedrooms | — |
| 3 Bedrooms | $2,950 |
| 4 Bedrooms | — |
| All | $1,300 |
As of August 2026, the average rent for a 1 bedroom apartment in Hanover, MD is $699 per month, followed by $2,950 for a 3 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $2,200 |
| 3 Bedrooms | $3,300 |
| 4 Bedrooms | $3,450 |
| All | $3,911 |
As of August 2026, the average rent for a 2 bedroom house in Hanover, MD is $2,200 per month, followed by $3,300 for a 3 bedroom house, and $3,450 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +6% compared to the previous year, which is a +$195 increase.
This year (2026)
Last year (2025)
Rent distribution
47% of rentals have rent of $3,000-$3,799/month
Rental price range
The price range for rentals is $699 to $5,240.