Hagerstown, MD Airbnb Market Data, Statistics, and Occupancy Rates

Hagerstown Short-Term Rental Market Overview

Hagerstown, MD is a compact short-term rental market with just 40 active Airbnb listings, offering investors a relatively uncrowded playing field compared to larger Maryland metros. With an average daily rate of $160—well below the $368 state average—and an average annual revenue of $22,776, the market appeals to investors seeking affordable entry points. The 155% year-over-year growth in active listings signals rising investor interest, though the 33% occupancy rate suggests demand still has room to catch up with expanding supply.

Key Market Statistics

According to Rabbu market data, the Hagerstown short-term rental market shows:

Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.

Why Investors Consider Hagerstown

Hagerstown draws investor attention for its low entry costs relative to Maryland peers, a still-small supply base, and revenue potential that rewards larger property configurations.

Expert Market Assessment

"Hagerstown represents a competitive but measured opportunity for STR investors willing to do their homework. Revenue peaks from June through August—when monthly averages reach $2,314 to $2,555—while winter months like January ($1,094) and February ($1,155) create a notable seasonal dip. The ROI score of 54 out of 100 reflects average revenue-to-price dynamics and below-average occupancy stability, meaning success here hinges on property selection and operational execution rather than broad market tailwinds. Investors targeting 3-bedroom units can capture meaningfully stronger returns, but should plan for leaner months and budget conservatively."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Hagerstown

Average revenue by month in Hagerstown

Hagerstown shows clear summer seasonality, with July ($2,555) and August ($2,539) delivering peak revenue—more than double the January low of $1,094. Investors should budget for a meaningful winter dip but can capitalize on a relatively strong shoulder season in October ($2,105) and November ($2,031).

Active Airbnb listings by property size in Hagerstown

One-bedroom units dominate supply with 16 of 40 listings, followed by 9 two-bedroom and 8 three-bedroom properties. The concentration of smaller units may signal an opportunity for investors willing to offer larger homes, which face less direct competition and command higher nightly rates.

Average daily rate (ADR) by property size in Hagerstown

ADR scales predictably with size in Hagerstown: 1-bedrooms average $129, 2-bedrooms $161, and 3-bedrooms $215 per night. The jump from 2 to 3 bedrooms represents a 34% premium, making larger properties particularly attractive for investors seeking higher per-night revenue.

Average RevPAN by property size in Hagerstown

Revenue per available night rises sharply with property size—from $32 for 1-bedrooms to $55 for 2-bedrooms and $83 for 3-bedrooms. Three-bedroom units deliver nearly 2.6 times the RevPAN of 1-bedrooms, reflecting both higher rates and better occupancy.

Average occupancy rates by property size in Hagerstown

Occupancy increases with bedroom count: 1-bedrooms average just 25%, 2-bedrooms reach 35%, and 3-bedrooms lead at 39%. The 14-point gap between 1- and 3-bedroom occupancy highlights the cash-flow risk of smaller units in this market and the relative demand strength for family-sized accommodations.

Average monthly revenue by property size in Hagerstown

Three-bedroom properties lead monthly revenue at $2,871—nearly triple the $977 earned by 1-bedroom listings and well above the $1,631 two-bedroom average. This steep revenue curve underscores how property size is the single biggest lever for earnings in the Hagerstown market.

Average annual revenue by property size in Hagerstown

Annual revenue ranges from $11,727 for 1-bedroom units to $34,460 for 3-bedroom properties, with 2-bedrooms landing at $19,576. For investors evaluating return potential, the 3-bedroom tier offers the strongest top-line revenue and may justify the higher acquisition and furnishing costs.

Most common amenities for Airbnb listings in Hagerstown

Kitchen and parking are universal at 100% of listings, while self check-in (88%), washer (68%), and dryer (65%) round out the top five—signaling that guests in Hagerstown expect practical, home-like conveniences. Notably, only 5% of listings offer a hot tub, which could present a differentiation opportunity for investors looking to stand out and command a premium rate.

Understanding Hagerstown's ROI Score: 54/100

Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.

How the ROI Score is Calculated

What This Means for Investors

Hagerstown's ROI score of 54 out of 100 places it in the Competitive Opportunity band, meaning the market shows potential but requires careful deal selection to generate strong returns. The revenue-to-price ratio scores as average—entry costs are manageable but don't automatically translate to outsized yields—while occupancy stability and market growth trend both land below average, reflecting a market still maturing. Investors should pair this data with on-the-ground regulatory research and focus on property types (particularly 3-bedrooms) where the numbers are most favorable.

Short-Term Rental Regulations in Hagerstown

Understanding local STR regulations is essential before investing in Hagerstown. Here's the current regulatory landscape:

Permit Requirements

Short-term rental operators in Hagerstown, MD, may need to obtain a permit or register their property with the City of Hagerstown and comply with any applicable Maryland state requirements. Investors should verify current permit obligations directly with local planning and licensing offices before listing a property.

Key Restrictions

Common restrictions in markets like Hagerstown can include occupancy limits, minimum stay requirements, noise and nuisance ordinances, parking mandates, and HOA rules that may prohibit or limit short-term rentals. Some jurisdictions also impose caps on the number of STR permits issued, so it's important to check whether any such limitations apply in this area.

Tax Obligations

STR operators in Maryland are generally subject to state sales and use tax as well as local occupancy or lodging taxes. Platforms like Airbnb often collect and remit some of these taxes on behalf of hosts, but investors should confirm their full tax obligations with a local tax professional.

Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Hagerstown can provide current regulatory guidance.

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Hagerstown's STR market is likely to face a balancing act between rapidly growing supply and more gradually developing demand. Seasonal data points to July and August as the strongest revenue months, and investors can expect occupancy to hover around 30–35% on a market-wide basis unless demand drivers strengthen. ADR may see modest 1–3% gains given the market's affordability relative to state averages, but operators will need strong pricing strategies to stand out as new listings continue entering the market. Selective deal sourcing—particularly in the 3-bedroom segment—could help investors outperform the broader market averages."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Hagerstown, MD

What is the average Airbnb occupancy rate in Hagerstown?

The average occupancy rate for Airbnb listings in Hagerstown is currently 33%, which sits slightly below the Maryland state average of 35%. Occupancy varies significantly by property size—1-bedroom units average 25%, while 3-bedroom properties reach 39%. Investors should factor in this range when modeling cash flow, as larger properties tend to stay booked more consistently.

How much do Airbnb hosts make in Hagerstown?

On average, Airbnb hosts in Hagerstown earn approximately $1,898 per month or $22,776 per year based on trailing 12-month booking data. Earnings vary substantially by property size: 1-bedroom listings average $11,727 annually, 2-bedrooms bring in around $19,576, and 3-bedroom properties lead with $34,460. Actual results depend on factors like property quality, pricing strategy, and guest experience.

Is Hagerstown a good market for Airbnb investment?

Hagerstown earns an ROI score of 54 out of 100, categorized as a Competitive Opportunity. The market offers affordable entry relative to Maryland averages and limited competition with only 40 active listings, but below-average occupancy stability and modest growth trends mean investors need to be selective. Larger properties—especially 3-bedroom homes—deliver notably stronger returns and may represent the best path to positive cash flow in this market.

What is the average daily rate (ADR) for Airbnb in Hagerstown?

The average daily rate in Hagerstown is $160, which is significantly lower than the Maryland state average of $368. ADR scales with property size: 1-bedroom listings average $129, 2-bedrooms come in at $161, and 3-bedroom properties command $215 per night. This pricing positions Hagerstown as a budget-friendly destination for guests, which can drive bookings but requires volume to generate strong returns.

Are short-term rentals legal in Hagerstown?

Short-term rentals are generally permitted in Hagerstown, though operators may need to obtain local permits or registrations and comply with Maryland state regulations. Rules can vary and change, so investors should contact the City of Hagerstown's planning or licensing department directly to confirm current requirements before purchasing or listing a property.

When is peak season for Airbnb in Hagerstown?

Peak season in Hagerstown runs from June through August, with July delivering the highest average monthly revenue at $2,555 and August close behind at $2,539. October and November also perform respectably at $2,105 and $2,031, suggesting a mild autumn bump. The slowest months are January ($1,094) and February ($1,155), creating a seasonal spread of over $1,400 between peak and trough months.

How many Airbnbs are there in Hagerstown?

There are currently 40 active Airbnb listings in Hagerstown as of April 2026. The supply has grown 155% year-over-year, indicating significant new inventory entering the market. The breakdown by size shows 16 one-bedroom listings, 9 two-bedroom listings, and 8 three-bedroom listings, with 1-bedrooms making up the largest share of supply.

How is Airbnb revenue calculated in Hagerstown?

The annual and monthly revenue figures for Hagerstown are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market—not a forward-looking projection. We average each comparable listing's actual revenue per available night (RevPAN) by month over the past year, remove regional outliers, and roll the results up to a market-level historical average. This approach anchors the figures to what hosts have actually earned recently while naturally reflecting seasonal peaks and slower months, since each month uses its own historical performance data. Individual results can vary based on property quality, pricing strategy, and operational management.

About Rabbu Market Data

Rabbu provides Airbnb and short-term rental market data and statistics across the United States. Our mission is to empower investors with accurate insights and easy-to-use tools, so they can confidently identify and act on the best opportunities in the Airbnb market.

What this data includes

• Regularly updated active Airbnb and STR listing counts for the Hagerstown market
• Average daily rate, occupancy, and RevPAN metrics by property size
• Monthly and annual revenue trends based on trailing 12-month booking data
• Popular amenity prevalence across active listings
• Home value data sourced from the Zillow Home Value Index (ZHVI)

Sources and disclaimers

Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing 12-month averages and market conditions may have shifted since the last update. Local regulations, HOA rules, and tax obligations vary and should be independently verified before investing.