Hagerstown, MD at a glance
Median household income
$52,221$4,352 per month · U.S. Census Bureau ACS 5-YearHow much rent can you afford in Hagerstown, MD?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
How much is rent in Hagerstown, MD? By bedroom, 2026
HUD's fiscal 2026 Fair Market Rents for Hagerstown, MD HUD Metro FMR Area, with the income each one takes if rent stays under 30% of it.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $869 | $10,428 | $34,760 | 20% |
| 1-Bedroom Apartment | $961 | $11,532 | $38,440 | 22.1% |
| 2-Bedroom ApartmentBenchmark | $1,261 | $15,132 | $50,440 | 29% |
| 3-Bedroom Home | $1,700 | $20,400 | $68,000 | 39.1% |
| 4-Bedroom Home | $1,901 | $22,812 | $76,040 | 43.7% |
What a typical income covers in Hagerstown, MD
The 50/30/20 rule applied to the local median of $52,221 a year ($4,352 a month before tax).
What $52,221 leaves after Maryland taxes
Federal income tax, Social Security, Medicare and Maryland tax on the local median income. Change the salary to see yours.
Rent, jobs and pay in Maryland
Living in Hagerstown, MD: common questions
What is the median household income in Hagerstown, MD?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Hagerstown, MD is $52,221 per year (approximately $4,352 per month).
What is the average rent in Hagerstown, MD?
The closest official figure is HUD's Fair Market Rent for 2026: $869 for a studio, $961 for one bedroom, $1,261 for two, $1,700 for three and $1,901 for four, utilities included.
It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.
Is Hagerstown, MD expensive to live in?
Prices there run 5.8% below the U.S. average. BEA's regional price parity for the metro area is 94.2, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.
How much do you need to earn to comfortably afford rent in Hagerstown, MD?
To keep a $1,261 two-bedroom under 30% of gross income, a household needs about $50,440 a year, or $4,203 a month. That is 97% of what the typical household in Hagerstown, MD earns.
How much do you need to live comfortably in Hagerstown, MD?
On the local median income of $52,221 ($4,352 a month before tax), the 50/30/20 rule leaves $2,176 a month for needs like rent, utilities and groceries, $1,306 for everything else and $870 for savings or debt. A two-bedroom at $1,261 takes 58% of the needs share.
How much is the electric bill in Hagerstown, MD?
Homes in Maryland paid 21.8¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $197. Your bill depends mostly on heating and cooling.