Apartments in Hancock

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2
$605 - 660
404 Quaker Creek Drive Hancock, MD
1 - 3 BR | Ask for Availability
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Income Restricted
Storage
1
$1,050
20 Laurel Hill Ln Berkeley Springs, WV
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Dishwasher
20
$1,095
Hancock, MD
3 BR | Available Now
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Air Conditioning
Storage
Dishwasher
0
$900
435 Oliver Ln Great Cacapon, WV
2 BR | Available Now
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Dog Friendly
Cat Friendly
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Hancock:
November Rent Report

Welcome to the November 2024 Hancock Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Hancock rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Hancock and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Hancock average rent prices in the chart below.

Monthly Rent Report

$1,900
$1,430
$950
$480
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Hancock Rent Prices Decrease From October to November

Hancock rent prices decreased over the last month. From October to November, the city experienced a 0.0% decrease for the price of a one-bedroom apartment. The rent price for a Hancock one-bedroom apartments currently stands at $605.0.

When we take a look at the two-bedroom comparison from October to November, Hancock experienced a -13.88% decrease for the price of a two-bedroom apartment. The rent price for a Hancock two-bedroom apartments currently stands at $1,563.0.

November Prices: Hancock vs. Surrounding Areas

Rent Prices in Hancock and Surrounding Areas

Rent prices have decreased in Hancock over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Hancock suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Hancock suburbs

  • Rents did not decrease in any of the Hancock suburbs.

November 2024 Pricing Trends: Hancock vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Hancock Rent Prices More Affordable Than Major Cities

Rent growth in Hancock over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Hancock average rent prices appear to be relatively affordable for local residents.

The price for a Hancock one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Hancock and surrounding area rent prices, take a look at the complete data set below.

Data set for Hancock and suburbs

1 BR November 1 BR M/M % Change 2 BR November 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.