FMR is below market; voucher rent may lag private rents.
0.87
1 BR
1 BR- 20625
0.96ratio
FMR$2,130
Market$2,210
vs market-$80
FMR is near market; voucher and private rents are aligned.
0.96
2 BR
2 BR- 20625
0.99ratio
FMR$2,350
Market$2,380
vs market-$30
FMR is near market; voucher and private rents are aligned.
0.99
3 BR
3 BR- 20625
1.19ratio
FMR$2,990
Market$2,520
vs market+$470
FMR is above market; underwrite to market rent.
1.19
4 BR
4 BR- 20625
1.36ratio
FMR$3,580
Market$2,640
vs market+$940
FMR is above market; underwrite to market rent.
1.36
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
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Cobb Island, MD fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Cobb Island, MD is $2,350 a month. That is up 10.3% from $2,130 in FY 2026. Cobb Island is in the Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in Maryland is $1,875, so Cobb Island is 25% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Cobb Island, MD
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,800
$1,970
+9.4%
$1,773–$2,167
1BR
$1,920
$2,130
+10.9%
$1,917–$2,343
2BR
$2,130
$2,350
+10.3%
$2,115–$2,585
3BR
$2,680
$2,990
+11.6%
$2,691–$3,289
4BR
$3,210
$3,580
+11.5%
$3,222–$3,938
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Cobb Island, MD
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,970
$2,130
$2,350
$2,990
$3,580
FY 2026
$1,800
$1,920
$2,130
$2,680
$3,210
FY 2025
$1,850
$1,920
$2,160
$2,700
$3,220
FY 2024
$1,710
$1,740
$1,970
$2,450
$2,900
FY 2023
$1,430
$1,460
$1,660
$2,080
$2,480
Questions about Cobb Island, MD rents
How much will Section 8 pay for a two-bedroom in Cobb Island, MD?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,350, that basic range is $2,115 to $2,585 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 Cobb Island, MD in?
Cobb Island, MD is in the Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in Cobb Island, MD for FY 2027?
The two-bedroom FMR rose 10.3%, from $2,130 in FY 2026 to $2,350 in FY 2027. Since FY 2023 it has risen 41.6%.
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