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Viewing 1-11 of 11 rentals in Hanover
What to Know About
Life in Hanover & Beyond
Hanover shares many of the great qualities that make Maryland a desirable place to live.
Maryland, known as the "Old Line State," is a unique blend of historic charm and stunning scenery. With a rich colonial heritage and breathtaking landscapes, Maryland is a feast for the senses. Explore iconic landmarks such as the Chesapeake Bay and the Inner Harbor, the historic city of Annapolis, and historic sites like Fort McHenry, the birthplace of the American National Anthem. Major universities in the state include the University of Maryland, Johns Hopkins University, and Towson University, providing a solid educational foundation for students.
The state is also home to the Baltimore Ravens (NFL) and Baltimore Orioles (MLB), providing ample opportunities for sports enthusiasts. In addition, adventurers can enjoy outdoor recreational activities, including boating on the Chesapeake Bay, fishing, and hiking in parks like Assateague Island National Seashore and Patapsco Valley State Park. In addition, explore famous attractions like the National Aquarium, Oriole Park at Camden Yards, Pimlico Race Course, and the Maryland Science Center.
From the Chesapeake Bay to the Appalachian Mountains, Maryland has something for everyone to enjoy, and the state's strong economy and high quality of life make it an ideal place to call home.
Rental Market Trends
Hanover, MD
As of August 2025, Hanover's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Hanover's average rent is 38.0% ($709) higher than the Maryland average of $1,867 and 43.9% ($786) higher than the U.S. average of $1,790.
Average Rent
$2,576
Monthly ChangeMonth Over Month Change
2.8% ($74)
Yearly ChangeYear Over Year Change
4.5% ($111)
Avg. Days on MarketAverage Days on Market
27
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $2,112 | 2.9% ($62) | 3.8% ($84) |
| 2 Beds | $2,517 | 4.6% ($121) | 0.6% ($16) |
| 3 Beds | $3,096 | 2.4% ($77) | 4.9% ($158) |
| Nearby Cities | Average Rent | Avg. Rent vs. HanoverAverage Rent vs. Hanover | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Elkridge | $1,730 | 32.8% ($846) | 27 days |
| Linthicum Heights | $1,980 | 23.1% ($596) | 24 days |
| Jessup | $2,860 | 11% ($284) | 30 days |
| Severn | $2,499 | 3% ($77) | 28 days |
| Halethorpe | $1,855 | 28% ($721) | 24 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Hanover Rental Market FAQs
Explore rental prices, market trends, and availability in Hanover, MD.
The average rent in Hanover, MD is $2,576 per month.
Houses in Hanover typically rent for between $1,478 and $4,025 per month, with an average of $2,576 per month.
In Hanover, the average rent for a 1-bedroom house is $2,112 per month, for a 2-bedroom house, $2,517 per month, and a 3-bedroom house is $3,096 per month.
The average rent in Hanover is 43.9% ($786) higher than the national average of $1,790 per month.
The average rent in Hanover has decreased by 2.8% ($74) in the last month and increased by 4.5% ($111) over the past year.
The rental market in Hanover, MD, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Hanover, MD, the average rental stays on the market for approximately 27 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 19 rental properties available in Hanover, MD.
Based on the current averages, a household would need an annual income of $100,680 to comfortably afford a 2-bedroom house in Hanover.
