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Derwood, MD

CitySAFMR
Montgomery County
Found 1 ZIP

City Median Investment Score

133High yield potential

095130300
BRFMR
Eff. Rent
0 BR$2,530$1,450
1 BR$2,640$1,620
2 BR$2,920$2,310
3 BR$3,720$3,060
4 BR$4,380$3,480
5 BR$5,037Not available
6 BR$5,793Not available
7 BR$6,661Not available
8 BR$7,661Not available

Purchase Price Calculator

Maximum purchase price
$281,349

Cost breakdown

+Likely effective rent$2,310
HUD FMR$2,920
Market rentUsed$2,310
Est. payment standard (90%)$2,630
-Principal and interest-$1,423
Loan amount$225,079
Down payment$56,270
Rate6.50%
Term30 years
-Operating costs-$687
Property taxes-$281
Insurance-$175
Utilities$0
HOA$0
Management-$231
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$36,897(65.6% ROI)
Projected value
$302,982
Return breakdown
Property appreciation+$21,633
Loan principal paid down+$8,064
Rental cash flow+$7,200
5-year hold
+$63,352(112.6% ROI)
Projected value
$318,320
Return breakdown
Property appreciation+$36,972
Loan principal paid down+$14,380
Rental cash flow+$12,000
10-year hold
+$137,067(243.6% ROI)
Projected value
$360,150
Return breakdown
Property appreciation+$78,801
Loan principal paid down+$34,266
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.74
1 BR
1.63
2 BR
1.26
3 BR
1.22
4 BR
1.26
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Derwood, MD fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Derwood, MD is $2,920 a month. That is up 8.1% from $2,700 in FY 2026. Derwood 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 Derwood is 56% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Derwood, MD
BedroomsFY 2027Change90–110% range
Studio$2,530+7.7%$2,277–$2,783
1BR$2,640+9.1%$2,376–$2,904
2BR$2,920+8.1%$2,628–$3,212
3BR$3,720+9.1%$3,348–$4,092
4BR$4,380+9.2%$3,942–$4,818

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Derwood, MD
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,530$2,640$2,920$3,720$4,380
FY 2026$2,350$2,420$2,700$3,410$4,010
FY 2025$2,400$2,450$2,760$3,450$4,070
FY 2024$2,090$2,120$2,410$3,000$3,550
FY 2023$1,850$1,880$2,140$2,680$3,190

Questions about Derwood, MD rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,920, that basic range is $2,628 to $3,212 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 Derwood, MD in?

Derwood, 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 Derwood, MD for FY 2027?

The two-bedroom FMR rose 8.1%, from $2,700 in FY 2026 to $2,920 in FY 2027. Since FY 2023 it has risen 36.4%.

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