Hanover, MA Rental Market Trends
Last updated: April 24, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Hanover is $3,016, a 0.44% decrease compared to the previous year, when the average rent was $3,029.
One-bedroom apartments provide 775 square feet for $2,569, balancing privacy and affordability.
Two-beedroom units at $3,353 offer 1,175 square feet, perfect for roommates or small families.
Average rent in Hanover, MA
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $3,016 | 999 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $2,569 | 775 sq. ft. |
| 2 Beds | $3,353 | 1,175 sq. ft. |
| 3 Beds | n/a | n/a |
Hanover, MA rent trends
Rental prices in Hanover, MA have decreased by 0.44% over the past year. The average rent moved from $3,029 to $3,016.
What's the typical rent budget in Hanover, MA?
The largest share of rentals in Hanover, MA (51%) fall between $3,000- per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Hanover, MA?
661 or 13% of the households in Hanover, MA are renter-occupied while 4,243 or 87% are owner-occupied.
How Hanover Compares to Other Cities
| City | Average Rent |
|---|---|
| Hanover | $3,016 |
| Boston | $3,637 |
| Worcester | $2,023 |
| Cambridge | $3,612 |
| Somerville | $3,436 |
| Fall River | $2,063 |
| Lowell | $2,293 |
| Quincy | $2,761 |
| Salem | $2,712 |
| Cape Cod | $2,500 |
| Malden | $2,624 |
| Brookline | $3,470 |
| Norwood | $2,787 |
| Canton | $2,868 |
| Stoughton | $2,468 |
| Duxbury | $2,484 |
| Foxborough | $2,578 |
| Plymouth Town | $2,876 |
| Randolph | $2,436 |
| Medfield | $2,256 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Hanover apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.