Skip to main content
Loading page

Edgewater, MD

CitySAFMR
Anne Arundel County
Found 1 ZIP

City Median Investment Score

97Above average

095130300
BRFMR
Eff. Rent
0 BR$2,090$1,910
1 BR$2,230$2,050
2 BR$2,750$2,480
3 BR$3,440$2,950
4 BR$3,820$3,700
5 BR$4,393Not available
6 BR$5,052Not available
7 BR$5,810Not available
8 BR$6,681Not available

Purchase Price Calculator

Maximum purchase price
$306,610

Cost breakdown

+Likely effective rent$2,480
HUD FMR$2,750
Market rentUsed$2,480
Est. payment standard (94%)$2,570
-Principal and interest-$1,550
Loan amount$245,288
Down payment$61,322
Rate6.50%
Term30 years
-Operating costs-$730
Property taxes-$307
Insurance-$175
Utilities$0
HOA$0
Management-$248
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$39,564(64.5% ROI)
Projected value
$330,186
Return breakdown
Property appreciation+$23,575
Loan principal paid down+$8,788
Rental cash flow+$7,200
5-year hold
+$67,963(110.8% ROI)
Projected value
$346,902
Return breakdown
Property appreciation+$40,291
Loan principal paid down+$15,672
Rental cash flow+$12,000
10-year hold
+$147,219(240.1% ROI)
Projected value
$392,487
Return breakdown
Property appreciation+$85,877
Loan principal paid down+$37,342
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

Market Alignment

Studio
1.09
1 BR
1.09
2 BR
1.11
3 BR
1.17
4 BR
1.03
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Edgewater, MD fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Edgewater, MD is $2,750 a month. That is up 9.1% from $2,520 in FY 2026. Edgewater 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 Edgewater is 47% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Edgewater, MD
BedroomsFY 2027Change90–110% range
Studio$2,090+13.0%$1,881–$2,299
1BR$2,230+8.8%$2,007–$2,453
2BR$2,750+9.1%$2,475–$3,025
3BR$3,440+7.5%$3,096–$3,784
4BR$3,820+7.9%$3,438–$4,202

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Edgewater, MD
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,090$2,230$2,750$3,440$3,820
FY 2026$1,850$2,050$2,520$3,200$3,540
FY 2025$1,860$2,110$2,590$3,330$3,720
FY 2024$1,810$2,080$2,550$3,310$3,740
FY 2023$1,440$1,670$2,060$2,670$3,060

Questions about Edgewater, MD rents

How much will Section 8 pay for a two-bedroom in Edgewater, 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 $2,750 it would be $2,475 to $3,025. 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 Edgewater, MD in?

Edgewater, 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 Edgewater, MD for FY 2027?

The two-bedroom FMR rose 9.1%, from $2,520 in FY 2026 to $2,750 in FY 2027. Since FY 2023 it has risen 33.5%.

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