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Property Managers in Hagerstown, MD

Compare top property management companies in Hagerstown, MD. Review services and vetting status, then reach out or request a free quote.

Professional Property Services, Ltd.
Cindy Van Mater, MPM GRI, CRS, MPM, RMP
Myersville, MD [ Serves Frederick, Hagerstown, Boonsboro, Brunswick +10 more ]
Verified & Vetted Long-term Residential
Our portfolio consist of Single family detached homes and Townhomes.
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Rental market in Hagerstown: rising rents

In Hagerstown, Census median gross rent rose about 24.5% over the last five years, rents on a clear upward path. The market also shows three-bedroom rents about 21% below the U.S. average, a population of 155,709, up 3.7% over five years, and renters in 33.2% of homes. The typical home is valued near $296,100, and the median household earns about $77,747 a year, with renters spending a median 28.8% of income on rent.

Market at a glance

Rents & affordability

-26% 2-bed vs U.S. rent
-21% 3-bed vs U.S. rent
-24% 4-bed vs U.S. rent
+24.5% Rent trend, 5-yr
28.8% Rent-to-income

People & households

33.2% Renter-occupied
155,709 Population
+3.7% Population, 5-yr
$77,747 Median household income

Housing stock

6.7% Vacancy rate
$296,100 Median home value
1974 Median year built
77.7% Single-family homes

Jobs

3.9% Unemployment rate
Rent vs the U.S. average, by bedroom size
U.S. average 2-bed -26% 3-bed -21% 4-bed -24%
Who rents vs owns
Renters 33.2% Owners 66.8%

A good property management company in Hagerstown can take a load off your plate: pricing, marketing, tenant screening, rent collection, and maintenance. About 77.7% of local housing is single-family, a common focus for rental owners. With vacancy near 6.7%, rent positioning and days on market can shape your return. Area unemployment is 3.9% as of August 2026. See the managers above and ask for a free quote.

Rents here are long-term residential, not vacation or short-term. Non-residential property is not priced above, though its rents usually track the same local direction, so the residential trend is still a useful guide.

Frequently asked questions

How do rents in Hagerstown compare to the national average?

Against the U.S. average: two-bedroom -26%, three-bedroom -21%, four-bedroom -24%. Each figure compares a bedroom size to the typical U.S. rent, not a rent we set.

Are rents rising in Hagerstown?

The five-year trend shows Census median gross rent rose about 24.5%.

Is Hagerstown a good market for rental property?

Rents here have risen in recent years, which can favor owners who buy at the right price. Renters make up 33.2% of households and vacancy sits near 6.7%. Three-bedroom rents run about 21% below the national average, and rents rose about 24.5% over five years.

How strong is rental demand in Hagerstown?

About 33.2% of homes are renter-occupied, and the population of 155,709 grew 3.7% over five years. Vacancy runs near 6.7%.

Rent shown as a deviation from the typical U.S. rent, a national average weighted by renter population, from HERO and HUD reference data. Demographics, population, and rent trend from the U.S. Census Bureau ACS 2020-2024 5-year estimates at the county level, with the five-year trend measured against the 2015-2019 estimates. Unemployment from the U.S. Bureau of Labor Statistics (August 2026).