
Cheap Apartments for Rent in Hancock, MD from $500 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in Hancock.


125 E Main St

Lindsey Terrace Apartments

Fountain Head Apartments

Rumsey Terrace

Joshua Gardens Apartments

Londontowne & Robinwood Apartments

The Reserve at Berkeley
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

The Meadows Apartments

Breeze Hill by JBG Rentals

Fountainview Apartments & Townhomes

202-204 N Potomac St

Martin's Landing Apartments

The Apartments at Oak Hill

Milestone Apartments

908 Hamilton Blvd
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

The Aria

The Ridge

Evergreen Apartments

Catawba Club

33 N Washington St

2449 Charles Town Rd

Shepherd's Glen

133-135 Summit Ave
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

664-666 Oak Hill Ave

15207 National Pike

14169 Buchanan Trail W

131 Biser St

331-333 Summit Ave

170 W Washington St

Foxcroft Village Apartments

Edgewood Apartments
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.

Southview Townhomes
Hancock, MD Local Guide

How much does it cost to rent an apartment in Hancock?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hancock Studio Apartments | $1,225 | $1,200 | $1,250 |
| Hancock 1 Bedroom Apartments | $1,430 | $550 | $1,849 |
| Hancock 2 Bedroom Apartments | $1,611 | $595 | $2,155 |
| Hancock 3 Bedroom Apartments | $1,913 | $1,299 | $2,764 |
| Hancock 4 Bedroom Apartments | $2,500 | $1,950 | $2,664 |
Browse Top Apartments in Hancock
See all Apartments in HancockExplore Hancock
Hancock, MD Local Guide
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Cheapest Available Hancock Apartments for Rent and Nearby
 The cheapest available apartment rental in Hancock, MD is a 2 Beds unit found at Lindsey Terrace Apartments in the Lee's Ridge neighborhood priced from $595. Catawba Club in the Morgan County neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $682. Here is today’s list of the most affordable Hancock apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lindsey Terrace Apartments | 2 Bed/2 Bath | 2BR,1BA | $595 |
| Catawba Club | 2 Bedroom B | 2BR,2BA | $682 |
| Rumsey Terrace | Two Bedroom | 2BR,1BA | $915 |
| Joshua Gardens Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,011 |
| Londontowne & Robinwood Apartments | Robinwood 2x1 | 2BR,1BA | $1,099 |
| Breeze Hill by JBG Rentals | Studio | Studio,1BA | $1,200 |
| 908 Hamilton Blvd | 2 Bedroom | 2BR,1BA | $1,300 |
| The Aria | 1BR/1.0BA | 1BR,1BA | $1,375 |
| The Ridge | A1R | 1BR,1BA | $1,389 |
| The Apartments at Oak Hill | The Riverbend (Water,Sewer,Trash Incl.) | 2BR,1BA | $1,394 |
Best Value Apartments for Rent in Hancock, MD and Nearby
As of August 04, 2026 the best value apartment in the Hancock area is the $0.93 price per square foot Townhouse with Den Model at Fountainview Apartments & Townhomes in the in the Outer Downtown Maugansville neighborhood starting from $1,900. The second greatest value Hancock apartment is the Townhome - Two Level Model at Goldfinch Meadows starting at $1,850 with a $1.03 price per square foot in the Berkeley County neighborhood. Here is today’s list of the best values for Hancock apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Fountainview Apartments & Townhomes | Townhouse with Den | 3BR,3.5BA | $0.93 |
| Goldfinch Meadows | Townhome - Two Level | 3BR,2.5BA | $1.03 |
| Evergreen Apartments | Two Bedroom B | 2BR,2BA | $0.91 |
| The Reserve at Berkeley | Three Bedroom Townhome | 3BR,2BA | $1.25 |
| Rosewood Village | 3 bed 2 bath RT | 3BR,2BA | $1.22 |
| Cortland Apartments | Three Bedroom Apartment | 3BR,2BA | $1.13 |
| Seneca Ridge | Two Bedroom | 2BR,2BA | $1.10 |
| Catawba Club | 3 Bedroom A | 3BR,1BA | $0.81 |
| Lindsey Terrace Apartments | 2 Bed/2 Bath | 2BR,1BA | $0.66 |
| Rumsey Terrace | Two Bedroom | 2BR,1BA | $1.14 |
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.
Read ArticleReal 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.
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 Hancock, MD Rentals by Map
See the most popular apartments and homes in Hancock, MD
Frequently Asked Questions about Cheap Hancock Apartments
How much is rent for a Cheap One Bedroom Hancock Apartment?
The lowest price for a Cheap One Bedroom Hancock Apartment is $1,011 at Joshua Gardens Apartments.
What is the lowest price for a Cheap Two Bedroom Hancock Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Hancock is starting from $595 at Lindsey Terrace Apartments.
What is the most affordable Hancock Three Bedroom Apartment?
The best deal on a cheap Hancock Three Bedroom Apartment rental is at Catawba Club and starts from $972.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.