FMR is below market; voucher rent may lag private rents.
0.78
1 BR
1 BR- 21713
0.78ratio
FMR$1,030
Market$1,320
vs market-$290
FMR is below market; voucher rent may lag private rents.
0.78
2 BR
2 BR- 21713
0.84ratio
FMR$1,350
Market$1,610
vs market-$260
FMR is below market; voucher rent may lag private rents.
0.84
3 BR
3 BR- 21713
0.86ratio
FMR$1,830
Market$2,130
vs market-$300
FMR is below market; voucher rent may lag private rents.
0.86
4 BR
4 BR- 21713
0.76ratio
FMR$2,040
Market$2,690
vs market-$650
FMR is below market; voucher rent may lag private rents.
0.76
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
Boonsboro, MD fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Boonsboro, MD is $1,350 a month. That is down 10.0% from $1,500 in FY 2026. Boonsboro is in the Hagerstown, MD HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in Maryland is $1,875, so Boonsboro is 28% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Boonsboro, MD
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,030
$940
−8.7%
$846–$1,034
1BR
$1,140
$1,030
−9.6%
$927–$1,133
2BR
$1,500
$1,350
−10.0%
$1,215–$1,485
3BR
$2,030
$1,830
−9.9%
$1,647–$2,013
4BR
$2,260
$2,040
−9.7%
$1,836–$2,244
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Boonsboro, MD
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$940
$1,030
$1,350
$1,830
$2,040
FY 2026
$1,030
$1,140
$1,500
$2,030
$2,260
FY 2025
$1,120
$1,240
$1,630
$2,250
$2,500
FY 2024
$1,190
$1,340
$1,760
$2,460
$2,710
FY 2023
$1,020
$1,180
$1,530
$2,170
$2,420
Questions about Boonsboro, MD rents
How much will Section 8 pay for a two-bedroom in Boonsboro, MD?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,350, that basic range is $1,215 to $1,485 a month. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is Boonsboro, MD in?
Boonsboro, MD is in the Hagerstown, MD HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in Boonsboro, MD for FY 2027?
The two-bedroom FMR fell 10.0%, from $1,500 in FY 2026 to $1,350 in FY 2027. Since FY 2023 it has fallen 11.8%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set