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Studio Apartments for Rent in Hanover, MD - 15 Rentals available

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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, November 2018$1,867/mo
  • Studio$1,528
  • 1 Bedroom$1,681
  • 2 Bedrooms$1,983

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
Nov / 2018 $1,867 $1,528
Jan / 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

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

The bad news is that the hip neighborhoods are typically not the places to look for truly affordable homes for rent, and Hanover, MD is no exception. That is unless you are willing to give up the (real or imagined) benefits of multiple rooms and experience the minimalist simplicity of a small apartment located smack dab in the middle of the action. Leaf through 3 listings with a total of 15 units, and you’ll be sure to find at least a couple of cheap studios that will make you wonder whether having one or two extra rooms is really worth the difference in price and commute time.

They are called efficiency apartments for a reason

In case you’re still wondering, the time and effort put into finding an efficiency apartment does pay off. Literally, and pretty fast too. While the cheapest bachelor units normally have a small bath and one bigger, multifunctional space (meaning that the hall and the kitchen in the main room, basically), you don’t need to have that if it’s not your thing. You can find plenty of one-room apartments in Hanover, MD with a separate kitchen. These are still well under the price of an apartment with multiple rooms, but slightly more expensive than your average studio, so it’s a good idea to aim for the higher end of the price range. The currently the most expensive studio apartment in Hanover, MD costs a monthly $3,000.