
Cheap Homes for Rent in Hagerstown, IN from $500 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Hagerstown.


1307 S Ebright St

503 1/2 Richmond St

1019 N Macedonia Ave

625 E Beech St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

6304 E Piccadilly Rd

6309 E Piccadilly Rd

3425 S Dayton Ave

2815 S Elm St

309 W 11th St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

206 W 13th St
Hagerstown, IN Local Guide

How much does it cost to rent a home in Hagerstown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hagerstown 2 Bedroom Homes for Rent | $983 | $775 | $1,295 |
| Hagerstown 3 Bedroom Homes for Rent | $1,276 | $750 | $1,699 |
| Hagerstown 4 Bedroom Homes for Rent | $1,434 | $1,100 | $1,777 |
Browse Top Homes for Rent in Hagerstown
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Hagerstown, IN Local Guide
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Cheapest Available Hagerstown Apartments for Rent and Nearby
 The cheapest available apartment rental in Hagerstown, IN is a 4 Beds unit found at University Village in the Westacres neighborhood priced from $514. The Haven in the Westacres neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $565. Here is today’s list of the most affordable Hagerstown apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| University Village | 4BD/2BA Furnished Premium | 4BR,2BA | $514 |
| The Haven | 4x4 | 4BR,4BA | $565 |
| The Crossings | Studio | Studio,1BA | $595 |
| Muncie Varsity House | 3 Bed, 3 Bath Classic Renovated | 3BR,3BA | $599 |
| Applegate | Studio Open - 288 sqft | Studio,1BA | $629 |
Best Value Apartments for Rent in Hagerstown, IN and Nearby
As of April 24, 2026 the best value apartment in the Hagerstown area is the $0.96 price per square foot The Pulse 5628 Model at Crestwood MHC in the starting from $1,499. The second greatest value Hagerstown apartment is the Prime FHB Model at Golden Pebble Estates starting at $1,399 with a $0.89 price per square foot . Here is today’s list of the best values for Hagerstown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Crestwood MHC | The Pulse 5628 | 3BR,2BA | $0.96 |
| Golden Pebble Estates | Prime FHB | 3BR,2BA | $0.89 |
| University Village | 4BD/2BA Furnished Premium | 4BR,2BA | $0.39 |
| Adam H Bartell Lofts | EXCALIBUR | 2BR,1BA | $0.81 |
| Townehouse Village Apartments | Two Bedroom Gas | 2BR,1.5BA | $1.02 |
| Silvertree Communities | Everbrook Townhomes | 2BR,1.5BA | $0.70 |
| Grand Avenue Commons | 2 Beds, 1.5 baths | 2BR,1.5BA | $0.89 |
| Muncie Varsity House | 2 Bed, 2 Bath Renovated | 2BR,2BA | $0.90 |
| Academy Place Apartments | 1 BR 1 Bath | 1BR,1BA | $0.79 |
| Genesis Apartments | 1BD R | 1BR,1BA | $0.96 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Hagerstown, IN Rentals by Map
See the most popular apartments and homes in Hagerstown, IN
Frequently Asked Questions about Hagerstown
What type of rentals are currently available in Hagerstown?
There are currently 53 Apartments for Rent in Hagerstown, IN with pricing that ranges from $305 to $1,800. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hagerstown ranging from $550 to $1,777.
What is the current price range for Rental Homes in Hagerstown?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Hagerstown ranges from $550 to $1,777 with an average monthly rent of $1,089.
How much are larger Three and Four Bedroom Rentals in Hagerstown?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Hagerstown range from $305 to $1,499, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $1,699. Four Bedroom Single-Family rentals are also available starting from $1,100 and Four Bedroom Apartments start at $449.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.