Hanover, MD Rental Market Trends
What is the average rent in Hanover?
The average rent for an apartment in Hanover is $2,405. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Hanover, MD
Last updated November 2024
Average Rent | Average Apartment Size |
---|---|
$2,405 | 980 sq. ft. |
What is the average apartment size in Hanover?
The average size for a Hanover, MD apartment is 980 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Hanover, MD apartment rent ranges
Hanover, MD Occupied Housing Units
2,901 or 35% of the households in Hanover, MD are renter-occupied while 5,374 or 65% are owner-occupied.
Hanover, MD rent trends

How Hanover Compares to Other Cities
State | Average Rent |
---|---|
Baltimore City | $1,596 |
Silver Spring | $1,941 |
Hyattsville | $1,827 |
Rockville | $2,251 |
Frederick | $1,845 |
Laurel | $1,948 |
Bethesda | $2,797 |
Glen Burnie | $1,675 |
Gaithersburg | $2,057 |
Columbia | $2,178 |
Elkridge | $2,177 |
Bowie | $2,294 |
Lanham | $1,859 |
Beltsville | $1,901 |
Hanover | $2,405 |
Greenbelt | $2,015 |
Pasadena | $2,249 |
Jessup | $2,188 |
New Carrollton | $1,649 |
Savage | $1,909 |