Logo Hagerstown Fair Market Rent FY 2017 Hagerstown, MD HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Hagerstown, MD :
$551 $658 $868 $1,189 $1,487
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Hagerstown are high compared to the national average. This FMR area is more expensive than 86% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Hagerstown is $868 per month.

The previous year, rent for a two-bedroom home was $898 per month. This is a 3.34% decrease year-over-year.

This FMR rate applies to Brownsville, MD, Cavetown, MD, Chewsville, MD, Saint James, MD, Rohrersville, MD, Big Pool, MD, Funkstown, MD, Fairplay, MD, Maugansville, MD, Keedysville, MD and other cities within the region. The Metro Code or CBSA code for this region is METRO25180MM3180.

Additionally, This Fair Market Rent (FMR) area Hagerstown, MD HUD Metro FMR Area spans one county or city in Maryland which is listed in the table below. Estimated population of Hagerstown, MD HUD Metro FMR Area FMR area is 147,430 people based on latest Census data.

Compared to the rest of Maryland, the Hagerstown FMR area is less expensive than 77% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Hagerstown. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Hagerstown

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 593
1-BR 1-Bedroom $ 708
2-BR 2-Bedroom $ 934
3-BR 3-Bedroom $ 1279
4-BR 4-Bedroom $ 1600
Change Year:

There is just one county (listed below) within the Hagerstown, MD HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Washington, Dc (Hagrstwn).

County / Region Est. Population
Hagerstown, MD Metro 147,430
Zip Codes in Hagerstown, MD HUD Metro FMR Area

There are 17 unique zip codes in this Fair Market Rent (FMR) area:

21711, 21715, 21720, 21721, 21722, 21733, 21734, 21740, 21741, 21742, 21746, 21756, 21767, 21779, 21781, 21782 and 21795

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