
Cheap Apartments for Rent in Hancock, MD from $500 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in Hancock.


Lindsey Terrace Apartments

Rumsey Terrace

Fountain Head Apartments

Joshua Gardens Apartments

Londontowne & Robinwood Apartments

Martin's Landing Apartments

The Reserve at Berkeley

202-204 N Potomac 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.

Breeze Hill by JBG Rentals

Fountainview Apartments & Townhomes

The Meadows Apartments

The Ridge

170 W Washington St

The Apartments at Oak Hill

Milestone Apartments

Seneca Ridge

908 Hamilton Blvd
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.

Edgewood Apartments

Rosewood Village

Evergreen Apartments

The Aria

Catawba Club

2449 Charles Town Rd

Shepherd's Glen

204 W Martin St

133-135 Summit Ave
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.

664-666 Oak Hill Ave

15207 National Pike

331-333 Summit Ave

721 2nd St

24 Chive Ln

129 Jackson St

Foxcroft Village Apartments

234A Belview Dr

Southview Townhomes
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.

122 Dugan Ct

126 Dugan Ct

311 Boyd Ave
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 | $1,389 | $550 | $1,849 |
| Hancock 2 Bedroom Apartments | $1,600 | $595 | $2,205 |
| Hancock 3 Bedroom Apartments | $1,872 | $1,293 | $2,944 |
| Hancock 4 Bedroom Apartments | $2,529 | $1,950 | $2,719 |
Browse Top Apartments in Hancock
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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. Rumsey Terrace in the The Gallery neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $687. 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 |
| Rumsey Terrace | One Bedroom | 1BR,1BA | $687 |
| Catawba Club | 4 Bedroom Unit | 4BR,1BA | $831 |
| Joshua Gardens Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,011 |
| The Apartments at Oak Hill | The Hamilton (Elec,Gas,Water,Sewer,Trash Incl.) | 1BR,1BA | $1,259 |
| 908 Hamilton Blvd | 2 Bedroom | 2BR,1BA | $1,300 |
| Seneca Ridge | Two Bedroom | 2BR,2BA | $1,300 |
| Rosewood Village | Gardens I | 2BR,2BA | $1,375 |
| The Aria | 1BR/1.0BA | 1BR,1BA | $1,400 |
| The Ridge | A1FR | 1BR,1BA | $1,409 |
Best Value Apartments for Rent in Hancock, MD and Nearby
As of June 20, 2026 the best value apartment in the Hancock area is the $1.03 price per square foot Townhome - Two Level Model at Goldfinch Meadows in the starting from $1,850. The second greatest value Hancock apartment is the Two Bedroom B Model at Evergreen Apartments starting at $1,500 with a $0.91 price per square foot in the Clear Spring Conococheague 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. |
|---|---|---|---|
| Goldfinch Meadows | Townhome - Two Level | 3BR,2.5BA | $1.03 |
| Evergreen Apartments | Two Bedroom B | 2BR,2BA | $0.91 |
| Rosewood Village | 3 bed 2 bath RC | 3BR,2BA | $1.22 |
| Cortland Apartments | Three Bedroom Apartment | 3BR,2BA | $1.18 |
| The Reserve at Berkeley | Two Bedroom Townhome | 2BR,2BA | $1.28 |
| Seneca Ridge | Two Bedroom | 2BR,2BA | $0.98 |
| Catawba Club | 4 Bedroom Unit | 4BR,1.5BA | $0.64 |
| Edgewood Apartments | 2 Bedroom with Den | 2BR,1.5BA | $1.25 |
| Lindsey Terrace Apartments | 2 Bed/2 Bath | 2BR,1BA | $0.66 |
| Rumsey Terrace | One Bedroom | 1BR,1BA | $1.02 |
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 $687 at Rumsey Terrace.
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 Edgewood Apartments and starts from $1,495.
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

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.

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.

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.

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.