Rental numbers for Washington County, MD
The typical home here runs -$1,166 a month at 7.78% with 25% down. 0 of 2 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.6%.
- Gross yield
- 5.3%
- typical home, Zillow
- Median ZIP yield
- 5.6%
- 2 ZIPs with full data
- Cash flow
- -$1,166/mo
- at 7.78%, 25% down
- Typical price
- $329,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,450/mo
- Zillow ZORI, Aug 2026
ZIP codes in Washington County
15 with published figures
| 21742Hagerstown | $346,000 | $1,617 | 5.6% | 2.4% | -$1,166 | +2.7% |
| 21740Hagerstown | $290,000 | $1,343 | 5.6% | 2.3% | -$999 | +1.0% |
| 21719Cascade | $288,000 | $1,320* | 5.5% | 2.2% | -$1,014 | n/a |
| 21750Hancock | $258,000 | $1,150* | 5.3% | 2.0% | -$953 | n/a |
| 21734Funkstown | $274,000 | $1,120* | 4.9% | 1.9% | -$1,049 | n/a |
| 21767Maugansville | $278,000 | $1,120* | 4.8% | 1.8% | -$1,079 | n/a |
| 21782Sharpsburg | $350,000 | $1,310* | 4.5% | 1.6% | -$1,414 | n/a |
| 21795Williamsport | $342,000 | $1,270* | 4.5% | 1.6% | -$1,391 | n/a |
| 21713Boonsboro | $409,000 | $1,500* | 4.4% | 1.7% | -$1,626 | n/a |
| 21779Rohrersville | $470,000 | $1,660* | 4.2% | 1.6% | -$1,913 | n/a |
| 21783Smithsburg | $371,000 | $1,300* | 4.2% | 1.3% | -$1,588 | n/a |
| 21756Keedysville | $459,000 | $1,600* | 4.2% | 1.6% | -$1,864 | n/a |
| 21733Fairplay | $409,000 | $1,380* | 4.0% | 1.3% | -$1,750 | n/a |
| 21711Big Pool | $352,000 | $1,160* | 4.0% | 0.9% | -$1,623 | n/a |
| 21722Clear Spring | $372,000 | $1,120* | 3.6% | 0.9% | -$1,727 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +0.8%
- Rent, 12 months
- +2.0%
- Rent minus price growth
- +1.1 pts
- Property tax
- 0.84%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $271,151 | $1,106 |
| Aug 2022 | $296,534 | $1,223 |
| Aug 2023 | $304,708 | $1,311 |
| Aug 2024 | $315,816 | $1,382 |
| Aug 2025 | $326,112 | $1,422 |
| Aug 2026 | $328,816 | $1,450 |
HUD Fair Market Rent
FY2027, Hagerstown, MD HUD Metro FMR Area
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $894 | $982 | $1,284 | $1,714 | $1,923 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 3.2
- 192 units, last 12 months
- National percentile
- 36th
- among US counties
Tools
Test a listing in Washington County against today's rate.
Open the calculatorPart of the Hagerstown, MD metro.
Questions
- Is Washington County good for rental property?
- The typical home here runs -$1,166 a month at 7.78% with 25% down. 0 of 2 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.6%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Washington County?
- About 0.84% of value, from Census ACS median taxes paid over median home value. On a $329,000 home that is about $2,755 a year.
- What is Fair Market Rent in Washington County?
- HUD's FY2027 Fair Market Rent here is $982 for a 1-bedroom, $1,284 for a 2-bedroom and $1,714 for a 3-bedroom. Typical cash flow at today's rate is -$1,166 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.