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 May 2026, the average rent in Hanover, MD is $2,995 per month, which is 57% higher than the national average rent of $1,910 per month.

AVERAGE RENT

$2,995

-0.2%-$5 decrease month-over-month

5.1%$145 increase year-over-year

AVAILABLE RENTALS

APARTMENTS

$2,352

HOUSES

$4,000

TOWNHOUSES

$3,200

As of May 2026, apartments are the most affordable rental option in Hanover, MD at $2,352 per month, while houses are the most expensive at $4,000 per month. Townhomes average $3,200 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$2,066
2 Bedrooms	$2,502
3 Bedrooms	$3,200
4 Bedrooms	$3,000
All	$2,995

As of May 2026, the average rent for a 1 bedroom rental in Hanover, MD is $2,066 per month, followed by $2,502 for a 2 bedroom rental, $3,200 for a 3 bedroom rental, and $3,000 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$850
2 Bedrooms	—
3 Bedrooms	$3,200
4 Bedrooms	$3,000
All	$3,200

As of May 2026, the average rent for a 1 bedroom townhome in Hanover, MD is $850 per month, followed by $3,200 for a 3 bedroom townhome, and $3,000 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,325
2 Bedrooms	$2,350
3 Bedrooms	—
4 Bedrooms	$3,200
All	$2,350

As of May 2026, the average rent for a 1 bedroom apartment in Hanover, MD is $1,325 per month, followed by $2,350 for a 2 bedroom apartment, and $3,200 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$1,550
2 Bedrooms	—
3 Bedrooms	$2,800
4 Bedrooms	$4,000
All	$4,000

As of May 2026, the average rent for a 1 bedroom house in Hanover, MD is $1,550 per month, followed by $2,800 for a 3 bedroom house, and $4,000 for a 4 bedroom house.