Property Prices in Hagerstown, MD, United States

Index
Price to Income Ratio:	1.83
Mortgage as Percentage of Income:	16.11%
Loan Affordability Index:	6.21
Price to Rent Ratio - City Centre:	8.69
Price to Rent Ratio - Outside of Centre:	8.29
Gross Rental Yield (City Centre):	11.51%
Gross Rental Yield (Outside of Centre):	12.06%

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Rent Per Month	Edit	Range
1 Bedroom Apartment in City Centre	1,125.00 $	900.00-1,500.00
1 Bedroom Apartment Outside of City Centre	1,175.00 $	1,000.00-1,500.00
3 Bedroom Apartment in City Centre	1,750.00 $	1,300.00-2,600.00
3 Bedroom Apartment Outside of City Centre	1,840.00 $	1,200.00-3,000.00

Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	185.99 $	180.97-188.96
Price per Square Feet to Buy Apartment Outside of Centre	185.99 $	180.97-188.96

Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	5,460.50 $
Annual Mortgage Interest Rate (20-Year Fixed, in %)	6.27	5.70-6.70

These data are based on 40 entries from 7 contributors over the past 18 months.
Last update: 29 December 2025

Sources and References

Nearby Cities:

Property Prices in Shepherdstown, West Virginia	17.60 miles
Property Prices in Martinsburg, West Virginia	22.75 miles
Property Prices in Shippensburg, Pennsylvania	34.97 miles
Property Prices in Winchester, Virginia	44.41 miles
Property Prices in Rockville, Maryland	52.61 miles
Property Prices in Bethesda, Maryland	60.92 miles
Property Prices in Chevy Chase, Maryland	61.47 miles
Property Prices in Silver Spring, Maryland	63.65 miles
Property Prices in Herndon, Virginia	65.71 miles
Property Prices in Columbia, Maryland	65.71 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	74,600.00
GDP Growth Rate:	2.89%
Population Growth Rate:	0.67%