Cheap Homes for Rent in Hagerstown, MD from $700 (29 Rentals)

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Search the lowest-cost Homes available for rent right now in Hagerstown.

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.

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.

property at 244 Winter St

$1,149

2 Bedroom Rentals

Available Jul 1

244 Winter St

HagerstownMD21740
property at 115 N Locust St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

1 Bedroom, 1 Bath Townhome for Rent

Available Now

115 N Locust St

HagerstownMD21740

Cash 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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Hagerstown, MD Local Guide

Cheapest Neighborhoods for Apartments in Hagerstown, MD

Pricing Updated: 06/18/2026

Current apartment rentals in the Hagerstown, MD area range in price from $524 to $6,539 with an overall median price of $2,177. The three Hagerstown neighborhoods with the lowest median rent pricing are Kensington Villas at $825, Historic City Park at $825, and Outer Robinwood Paramnt Fountain Head at $825. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Hagerstown Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Kensington Villas$1,795$82516
Historic City Park$1,799$82557
Outer Robinwood Paramnt Fountain Head$1,800$82568
Maple Valley$1,839$9009
Broadway North$1,849$82549
Greenfield Townhomes$1,849$82523
Historic North Hagerstown$1,849$82542
West Hagerstown$1,849$82543
North End$1,850$82541
Northwest Hagerstown$1,850$82540

Cheapest Available Hagerstown Apartments for Rent

 

The cheapest available apartment rental in Hagerstown, MD is a Studio unit found at 203 Prospect St in the Kensington Villas neighborhood priced from $725. 38-44 E Washington St in the Kensington Villas neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $850. Here is today’s list of the most affordable Hagerstown apartments for rent:

Apartment ListingModel NameBed/BathPriced From
203 Prospect St0 Beds, 1 BathsStudio,1BA$725
38-44 E Washington St2 Beds, 1 Baths2BR,1BA$850
Coin-Op Laundry, Apartments, Townhouses1 Beds, 1 Baths1BR,1BA$930
44-46 E Franklin St1 Beds, 1.5 Baths1BR,1BA$995
28-30 E Franklin St1 Beds, 1 Baths1BR,1BA$1,000
819-821 Washington Ave2 Beds, 1 Baths2BR,1BA$1,050
616 W Franklin St1 Beds, 1 Baths1BR,1BA$1,100

Best Value Apartments for Rent in Hagerstown, MD

As of June 18, 2026 the best value apartment in the Hagerstown area is the $1.22 price per square foot 3 bed 2 bath RC Model at Rosewood Village in the in the Broadway North neighborhood starting from $1,855. The second greatest value Hagerstown apartment is the Three Bedroom Apartment Model at Cortland Apartments starting at $1,750 with a $1.18 price per square foot in the Broadway North neighborhood. Here is today’s list of the best values for Hagerstown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Rosewood Village3 bed 2 bath RC3BR,2BA$1.22
Cortland ApartmentsThree Bedroom Apartment3BR,2BA$1.18
101-105 E Washington St3 Beds, 1 Baths3BR,1BA$1.00
715-717 Oak Hill Ave2 bed / 1 bath2BR,1BA$1.16
Edgewood Apartments2 Bedroom with Den2BR,1.5BA$1.25
511 Salem Ave Building, Unit 511 Salem Ave Unit511 Salem Ave Building2BR,1BA$0.90
616 W Franklin St1 Beds, 1 Baths1BR,1BA$1.22
819-821 Washington Ave2 Beds, 1 Baths2BR,1BA$1.31
309 S Burhans Blvd, Unit 311 FL #2309 S Burhans Blvd1BR,1BA$1.07
44-46 E Franklin St1 Beds, 1.5 Baths1BR,1.5BA$1.33

Don'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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Hagerstown

What type of rentals are currently available in Hagerstown?

There are currently 374 Apartments for Rent in Hagerstown, MD with pricing that ranges from $800 to $2,513. There are also 74 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hagerstown ranging from $725 to $5,000.

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 $725 to $5,000 with an average monthly rent of $2,302.

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 $1,299 to $2,513, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $2,775. Four Bedroom Single-Family rentals are also available starting from $1,895 and Four Bedroom Apartments start at $1,950.

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

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.