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Studio Apartments for Rent in Hanover, MD - 26 Rentals available

Hanover, MD Demographics

  • Total Population15,031
  • Female 7,478
    Male 7,554
  • Median Age38.2

Average Rent for Studios in Hanover, MD

  • The average rent for studios in Hanover, MD, June, 2018$1,868/mo
  • Studio$1,528
  • 1 Bedroom$1,681
  • 2 Bedrooms$1,982

Hanover, MD Studios Rent Ranges

  • $1,001-$1,50028%
  • $1,501-$2,00072%

Hanover, MD Studios Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
Jun / 2018 $1,868 $1,528
Sept / 2017 $1,845 $1,519
May / 2017 $1,902 $1,540
Jan / 2017 $1,864 $1,550
Sept / 2016 $1,883 $1,545
May / 2016 $1,854 $1,535
Jan / 2016 $1,841 $1,544
Sept / 2015 $1,883 $1,506
May / 2015 $1,894 $1,548
Jan / 2015 $1,830 $1,510

Hanover, MD Households

  • Total Number of Households6,059
  • Family 3,977
    Non-family 2,082
  • Children 1,723
    No Children 4,336
  • Average People Per Household1.78
  • Median Household Income$106,605
  • Median Housing Costs Per Month$1,967

Hanover, MD Education Statistics

  • No High School2%
  • Some High School23%
  • Some College21%
  • Associate Degree7%
  • Bachelor Degree28%
  • Graduate Degree19%

Renting a studio apartment in Hanover, MD

Finding an affordable home is definitely not an easy task nowadays, especially if you’re new to the market. When looking for a budget-friendly small apartment, you should decide on the non-negotiables and look for a home that meets your needs. On average, a studio apartment’s size in Hanover, MD is 893 Sqft, which is convenient for a young professional, recent graduate, student or for someone who prefers not to spend more than necessary on a monthly rent. A cheap studio can be rented starting from $1,440, so your next step is to make up your mind regarding the layout of your future nest: do you want a one room apartment, with kitchen in the main room, or a bachelor flat with a separate kitchen? Hard to decide.

The perks of renting an efficiency apartment

They say renting is like dating- you should not expect absolute perfection from a rental home, but you should love the things that make it uniquely yours. If you’re interested in an efficiency apartment in Hanover, MD, we are confident that you will find a great place that complements your lifestyle. Having a small apartment comes with a series of advantages that their larger companions lack. A studio apartment is easier to keep clean and it’s always less cluttered, because there is no room for unnecessary stuff. If single bedroom apartments and small apartments is what you’re after, you are more likely to afford living in the hip parts of the town, within walking or biking distance from entertainment and shopping. You will also notice significant savings year after year. Pick your price limit and square footage and browse through our 3 listings in Hanover, MD and we promise you won’t be disappointed.