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MD/Howard County/Clarksville

Clarksville, MD

CitySAFMR
Howard County
Found 1 ZIP

City Median Investment Score

75Below average

095130300
BRFMR
Eff. Rent
0 BR$2,060$1,590
1 BR$2,190$1,800
2 BR$2,660$2,240
3 BR$3,340$3,130
4 BR$3,740$3,830
5 BR$4,301Not available
6 BR$4,946Not available
7 BR$5,688Not available
8 BR$6,541Not available

Purchase Price Calculator

Maximum purchase price
$270,947

Cost breakdown

+Likely effective rent$2,240
HUD FMR$2,660
Market rentUsed$2,240
Est. payment standard (90%)$2,390
-Principal and interest-$1,370
Loan amount$216,757
Down payment$54,189
Rate6.50%
Term30 years
-Operating costs-$670
Property taxes-$271
Insurance-$175
Utilities$0
HOA$0
Management-$224
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$35,799(66.1% ROI)
Projected value
$291,780
Return breakdown
Property appreciation+$20,833
Loan principal paid down+$7,766
Rental cash flow+$7,200
5-year hold
+$61,453(113.4% ROI)
Projected value
$306,551
Return breakdown
Property appreciation+$35,605
Loan principal paid down+$13,849
Rental cash flow+$12,000
10-year hold
+$132,887(245.2% ROI)
Projected value
$346,835
Return breakdown
Property appreciation+$75,888
Loan principal paid down+$32,999
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.30
1 BR
1.22
2 BR
1.19
3 BR
1.07
4 BR
0.96
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Clarksville, MD fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Clarksville, MD is $2,660 a month. That is down 4.7% from $2,790 in FY 2026. Clarksville 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 Clarksville is 42% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Clarksville, MD
BedroomsFY 2027Change90–110% range
Studio$2,060+0.5%$1,854–$2,266
1BR$2,190−3.5%$1,971–$2,409
2BR$2,660−4.7%$2,394–$2,926
3BR$3,340−5.6%$3,006–$3,674
4BR$3,740−4.6%$3,366–$4,114

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Clarksville, MD
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,060$2,190$2,660$3,340$3,740
FY 2026$2,050$2,270$2,790$3,540$3,920
FY 2025$2,110$2,410$2,950$3,800$4,240
FY 2024$2,070$2,370$2,910$3,770$4,270
FY 2023$1,620$1,880$2,320$3,010$3,440

Questions about Clarksville, MD rents

How much will Section 8 pay for a two-bedroom in Clarksville, 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 $2,660 it would be $2,394 to $2,926. 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 Clarksville, MD in?

Clarksville, 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 Clarksville, MD for FY 2027?

The two-bedroom FMR fell 4.7%, from $2,790 in FY 2026 to $2,660 in FY 2027. Since FY 2023 it has risen 14.7%.

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