FMR is near market; voucher and private rents are aligned.
0.90
1 BR
1 BR- 21619
0.99ratio
FMR$1,880
Market$1,890
vs market-$10
FMR is near market; voucher and private rents are aligned.
0.99
2 BR
2 BR- 21619
0.94ratio
FMR$2,320
Market$2,480
vs market-$160
FMR is near market; voucher and private rents are aligned.
0.94
3 BR
3 BR- 21619
1.00ratio
FMR$2,900
Market$2,900
vs market+$0
FMR is near market; voucher and private rents are aligned.
1.00
4 BR
4 BR- 21619
0.93ratio
FMR$3,230
Market$3,470
vs market-$240
FMR is near market; voucher and private rents are aligned.
0.93
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
--
Chester, MD fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Chester, MD is $2,320 a month. That is up 5.5% from $2,200 in FY 2026. Chester 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 Chester is 24% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Chester, MD
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,610
$1,760
+9.3%
$1,584–$1,936
1BR
$1,790
$1,880
+5.0%
$1,692–$2,068
2BR
$2,200
$2,320
+5.5%
$2,088–$2,552
3BR
$2,790
$2,900
+3.9%
$2,610–$3,190
4BR
$3,130
$3,230
+3.2%
$2,907–$3,553
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Chester, MD
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,760
$1,880
$2,320
$2,900
$3,230
FY 2026
$1,610
$1,790
$2,200
$2,790
$3,130
FY 2025
$1,730
$1,970
$2,410
$3,100
$3,470
FY 2024
$1,740
$1,990
$2,450
$3,180
$3,590
FY 2023
$1,390
$1,610
$1,990
$2,580
$2,950
Questions about Chester, MD rents
How much will Section 8 pay for a two-bedroom in Chester, 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 $2,320 it would be $2,088 to $2,552. 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 Chester, MD in?
Chester, 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 Chester, MD for FY 2027?
The two-bedroom FMR rose 5.5%, from $2,200 in FY 2026 to $2,320 in FY 2027. Since FY 2023 it has risen 16.6%.
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