Rental numbers for the Hagerstown, MD metro
The typical home here runs -$925 a month at 7.78% with 25% down, breaking even at about 1.4%. 0 of 9 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 6.4%.
- Gross yield
- 6.1%
- typical home, Zillow
- Median ZIP yield
- 6.4%
- 9 ZIPs with full data
- Cash flow
- -$925/mo
- at 7.78%, 25% down
- Typical price
- $324,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,646/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
26 with published figures
| 25405Martinsburg | $320,000 | $2,040 | 7.6% | 4.7% | -$460 | n/a |
| 25404Martinsburg | $289,000 | $1,728 | 7.2% | 4.2% | -$537 | +3.1% |
| 25428Inwood | $324,000 | $1,923 | 7.1% | 4.3% | -$597 | n/a |
| 25419Falling Waters | $318,000 | $1,871 | 7.0% | 4.2% | -$615 | n/a |
| 25401Martinsburg | $256,000 | $1,358 | 6.4% | 3.4% | -$650 | +6.1% |
| 25427Hedgesville | $338,000 | $1,777 | 6.3% | 3.6% | -$800 | n/a |
| 25422Paw Paw | $276,000 | $1,420* | 6.2% | 3.4% | -$712 | n/a |
| 25403Martinsburg | $375,000 | $1,795 | 5.8% | 3.1% | -$1,063 | n/a |
| 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 |
| 25413Bunker Hill | $333,000 | $1,350* | 4.9% | 2.4% | -$1,141 | n/a |
| 21767Maugansville | $278,000 | $1,120* | 4.8% | 1.8% | -$1,079 | n/a |
| 25420Gerrardstown | $358,000 | $1,360* | 4.6% | 2.2% | -$1,284 | 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 |
| 25411Berkeley Springs | $324,000 | $1,090* | 4.0% | 1.6% | -$1,309 | 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
- +2.6%
- Rent, 12 months
- +2.9%
- Rent minus price growth
- +0.3 pts
- Property tax
- 0.70%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $255,973 | $1,262 |
| Aug 2022 | $286,238 | $1,404 |
| Aug 2023 | $291,789 | $1,476 |
| Aug 2024 | $305,936 | $1,548 |
| Aug 2025 | $315,751 | $1,600 |
| Aug 2026 | $323,970 | $1,646 |
Counties
- Washington County, MD5.6% median yield
- Berkeley County, WV7.0% median yield
- Morgan County, WVn/a median yield
Tools
Questions
- Is the Hagerstown, MD metro good for rental property?
- The typical home here runs -$925 a month at 7.78% with 25% down, breaking even at about 1.4%. 0 of 9 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 6.4%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Hagerstown, MD metro have the highest rental yield?
- 25405 (Martinsburg) at 7.6%, 25404 (Martinsburg) at 7.2%, 25428 (Inwood) at 7.1%, on Zillow value and rent. The full table above sorts by any column.
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.
- 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.
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.