Rentometer, Inc. | Data as of 10/24/2025
Hanover’s rental market offers a balanced mix of apartments and single‑family homes, catering to students, professionals, and growing families alike. One‑bedroom apartments typically sit in the low $1,000 range, while two‑bedroom units trend toward the $1,300 bracket. For those seeking more space, two‑bedroom houses average around $1,200, three‑bedroom homes approach $1,700, and larger four‑plus bedroom houses hover in the $2,200 area. These figures reflect a competitive market that provides affordable options across a variety of property types and sizes.
The city’s historic downtown is a vibrant hub of boutique shops, cafés, and cultural venues, making it an ideal location for renters who enjoy walkable neighborhoods and local events. Nearby districts such as the College Hill area attract students from local colleges, while family‑friendly communities like Pleasant Valley and North Hanover provide larger homes and quieter streets. Proximity to attractions such as the Hanover Raceway, the historic Eisenhower Museum, and the scenic Lancaster County Amish countryside adds a unique blend of entertainment and heritage to everyday living.
Conveniently situated near major highways and public transit, Hanover offers easy access to larger employment centers in Baltimore and Harrisburg, as well as weekend getaways to Gettysburg and the Pennsylvania Dutch Country. Residents benefit from a range of amenities including parks, schools, and shopping centers, reinforcing Hanover’s reputation as a welcoming, well‑connected city for renters seeking both comfort and convenience.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,064 | $1,115 | $850 - $1,270 | $875 - $1,200 |
| Apartment | 2 Bedroom | $1,273 | $1,300 | $900 - $1,521 | $1,250 - $1,315 |
| House | 2 Bedroom | $1,243 | $1,095 | $975 - $1,650 | $993 - $1,650 |
| House | 3 Bedroom | $1,707 | $1,775 | $1,000 - $2,200 | $1,500 - $2,000 |
| House | 4+ Bedroom | $2,281 | $2,445 | $1,700 - $2,700 | $1,700 - $2,700 |
In the current period, the average rent in Hanover was
$1,050 for 1 Bedroom,
$1,261 for 2 Bedroom,
$1,684 for 3 Bedroom, and
$2,282 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.