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MD/Montgomery County/BOYDS

BOYDS, MD

CitySAFMR
Montgomery County
Found 1 ZIP
Zillow
BRFMR
Eff. Rent
0 BR$2,700▼$1,640
1 BR$2,780▼$1,660
2 BR$3,100▼$1,960
3 BR$3,910▼$2,850
4 BR$4,600▼$3,510
5 BR$5,290▼—
6 BR$6,083▼—
7 BR$6,996▼—
8 BR$8,045▼—

Purchase Price Calculator

Maximum purchase price
$229,339

Cost breakdown

+Likely effective rent$1,960
HUD FMR$3,100
Market rentUsed$1,960
Est. payment standard (90%)$2,790
Market rent is below the inferred standard ($2,790, 90% of FMR).
-Principal and interest-$1,160
Loan amount$183,471
Down payment$45,868
Rate6.50%
Term30 years
-Operating costs-$600
Property taxes-$229
Insurance-$175
Utilities$0
HOA$0
Management-$196
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$31,407(68.5% ROI)
Projected value
$246,973
Current value$229,339
Return breakdown
Property appreciation+$17,634
Loan principal paid down+$6,573
Rental cash flow+$7,200
5-year hold
+$53,859(117.4% ROI)
Projected value
$259,476
Current value$229,339
Return breakdown
Property appreciation+$30,137
Loan principal paid down+$11,722
Rental cash flow+$12,000
10-year hold
+$116,166(253.3% ROI)
Projected value
$293,573
Current value$229,339
Return breakdown
Property appreciation+$64,234
Loan principal paid down+$27,931
Rental cash flow+$24,000

Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio- 20841
1.65ratio
FMR$2,700
Market$1,640
vs market+$1,060

FMR is above market; underwrite to market rent.

1.65
1 BR
1 BR- 20841
1.67ratio
FMR$2,780
Market$1,660
vs market+$1,120

FMR is above market; underwrite to market rent.

1.67
2 BR
2 BR- 20841
1.58ratio
FMR$3,100
Market$1,960
vs market+$1,140

FMR is above market; underwrite to market rent.

1.58
3 BR
3 BR- 20841
1.37ratio
FMR$3,910
Market$2,850
vs market+$1,060

FMR is above market; underwrite to market rent.

90% standard$3,519 / 1.23 ratio110% standard$4,301 / 1.51 ratio
1.37
4 BR
4 BR- 20841
1.31ratio
FMR$4,600
Market$3,510
vs market+$1,090

FMR is above market; underwrite to market rent.

90% standard$4,140 / 1.18 ratio110% standard$5,060 / 1.44 ratio
1.31
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents across all bedroom sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for BOYDS, MD (MD) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

What is FMR?What is SAFMR?Data sourcesIncomplete geosView county page
Related ZIPs
20841

BOYDS, MD fair market rent benchmarks

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for BOYDS, MD shows monthly rent benchmarks by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $3,100 and the 4 bedroom fair market rent is $4,600.

Use these values to compare bedroom-size rent benchmarks and screen a property's rent assumptions. Local housing authorities set voucher payment standards, which may be above or below published HUD FMR, so confirm the applicable authority and current schedule before underwriting a property. Read the FMR and payment-standard guide for the full verification workflow.

FY 2026 Fair Market Rent by bedroom size for BOYDS, MD
Bedroom sizeHUD FMR
Studio$2,700
1 bedroom$2,780
2 bedroom$3,100
3 bedroom$3,910
4 bedroom$4,600
Montgomery County fair market rent20841 FMR