Hagerstown-Martinsburg, MD-WV · Maryland

Washington County

ZIP 21756

155,033 residents356 permits TTM$74,157 median HHI18 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$275,900

ACS 5-Year

Cap rate proxy

4.8%

FMR × 0.65 ÷ Home Value

Rent-to-income

17.8%

HUD FMR ÷ ACS HHI

Net migration

+1.88%

IRS SOI

Permits (TTM)

356

Census BPS

Climate risk

68.8

FEMA NRI (0–100)

ZIP 21756

Median home value

Gross yield

Buy Box score

0.3

Section 8 gap

Affordability

P/I: 6.0R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown18 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
217426.0%
217405.6%
217505.3%
21719$273,389$1,3205.8%4.8%16.7%
217674.8%
217154.8%
217344.8%
217464.8%
217794.8%
217814.8%
217113.9%
217823.9%
217953.9%
217223.7%
21783$363,598$1,3004.3%3.6%15.4%
217333.3%
21713$400,950$1,5004.5%3.3%26.7%
217563.0%

Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.

Demographics

Owner-occupied

65.9%

Census ACS

Vacancy rate

7.1%

Census ACS

Bachelor's degree +

23.5%

Census ACS

Rent burdened

45.3%

Census ACS (>30% income)

Median age

41.0

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026