FMR is below market; voucher rent may lag private rents.
0.49
2 BR
2 BR- 21023
0.64ratio
FMR$1,990
Market$3,110
vs market-$1,120
FMR is below market; voucher rent may lag private rents.
0.64
3 BR
3 BR- 21023
0.66ratio
FMR$2,490
Market$3,770
vs market-$1,280
FMR is below market; voucher rent may lag private rents.
0.66
4 BR
4 BR- 21023
0.70ratio
FMR$2,770
Market$3,930
vs market-$1,160
FMR is below market; voucher rent may lag private rents.
0.70
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
--
Mortgage rate
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Butler, MD fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Butler, MD is $1,990 a month. That is up 7.0% from $1,860 in FY 2026. Butler is in the Baltimore-Columbia-Towson, MD MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $2,006. The median county two-bedroom FMR in Maryland is $1,875, so Butler is 6% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Butler, MD
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,370
$1,510
+10.2%
$1,359–$1,661
1BR
$1,510
$1,610
+6.6%
$1,449–$1,771
2BR
$1,860
$1,990
+7.0%
$1,791–$2,189
3BR
$2,360
$2,490
+5.5%
$2,241–$2,739
4BR
$2,610
$2,770
+6.1%
$2,493–$3,047
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Butler, MD
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,510
$1,610
$1,990
$2,490
$2,770
FY 2026
$1,370
$1,510
$1,860
$2,360
$2,610
FY 2025
$1,400
$1,600
$1,960
$2,520
$2,820
FY 2024
$1,340
$1,540
$1,890
$2,450
$2,770
FY 2023
$1,060
$1,220
$1,510
$1,960
$2,240
Questions about Butler, MD rents
How much will Section 8 pay for a two-bedroom in Butler, MD?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,006, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,805 to $2,207 a month; under the ZIP-level Small Area FMR of $1,990 it would be $1,791 to $2,189. 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 Butler, MD in?
Butler, MD is in the Baltimore-Columbia-Towson, MD MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,006.
How much did fair market rent change in Butler, MD for FY 2027?
The two-bedroom FMR rose 7.0%, from $1,860 in FY 2026 to $1,990 in FY 2027. Since FY 2023 it has risen 31.8%.
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