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Chewsville, MD

CityFMR
Washington County
Found 1 ZIP
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City Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$894$960
1 BR$982$1,080
2 BR$1,284$1,410
3 BR$1,714$1,860
4 BR$1,923$2,120
5 BR$2,211Not available
6 BR$2,543Not available
7 BR$2,925Not available
8 BR$3,363Not available

Purchase Price Calculator

Maximum purchase price
$147,609

Cost breakdown

+Likely effective rent$1,410
HUD FMR$1,284
Market rent$1,540
Est. payment standard (110%)Used$1,410
-Principal and interest-$746
Loan amount$118,087
Down payment$29,522
Rate6.50%
Term30 years
-Operating costs-$464
Property taxes-$148
Insurance-$175
Utilities$0
HOA$0
Management-$141
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$22,781(77.2% ROI)
Projected value
$158,959
Return breakdown
Property appreciation+$11,350
Loan principal paid down+$4,231
Rental cash flow+$7,200
5-year hold
+$38,942(131.9% ROI)
Projected value
$167,006
Return breakdown
Property appreciation+$19,397
Loan principal paid down+$7,545
Rental cash flow+$12,000
10-year hold
+$83,320(282.2% ROI)
Projected value
$188,952
Return breakdown
Property appreciation+$41,343
Loan principal paid down+$17,977
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.90
1 BR
0.79
2 BR
0.83
3 BR
0.88
4 BR
0.83
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
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Mortgage rate
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Chewsville, MD fair market rent, FY 2027

For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in Chewsville, MD is $1,284 a month. That is up 1.8% from $1,261 in FY 2026. Chewsville is in the Hagerstown, MD HUD Metro FMR Area. The median county two-bedroom FMR in Maryland is $1,875, so Chewsville is 32% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Chewsville, MD
BedroomsFY 2027Change90–110% range
Studio$894+2.9%$805–$983
1BR$982+2.2%$884–$1,080
2BR$1,284+1.8%$1,156–$1,412
3BR$1,714+0.8%$1,543–$1,885
4BR$1,923+1.2%$1,731–$2,115

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Chewsville, MD
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$894$982$1,284$1,714$1,923
FY 2026$869$961$1,261$1,700$1,901
FY 2025$852$947$1,242$1,711$1,902
FY 2024$830$932$1,225$1,713$1,889
FY 2023$709$818$1,060$1,506$1,678

Questions about Chewsville, MD rents

How much will Section 8 pay for a two-bedroom in Chewsville, MD?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,284, that basic range is $1,156 to $1,412 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 Chewsville, MD in?

Chewsville, MD is in the Hagerstown, MD HUD Metro FMR Area. Small Area FMRs are not mandatory in this area.

How much did fair market rent change in Chewsville, MD for FY 2027?

The two-bedroom FMR rose 1.8%, from $1,261 in FY 2026 to $1,284 in FY 2027. Since FY 2023 it has risen 21.1%.

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 Fair Market Rents. 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