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Freeland, MD

CitySAFMR
Baltimore County
Found 1 ZIP

City Median Investment Score

80Below average

095130300
BRFMR
Eff. Rent
0 BR$1,710$1,520
1 BR$1,960$1,580
2 BR$2,400$1,660
3 BR$3,080$1,640
4 BR$3,440$1,840
5 BR$3,956Not available
6 BR$4,549Not available
7 BR$5,232Not available
8 BR$6,017Not available

Purchase Price Calculator

Maximum purchase price
$184,759

Cost breakdown

+Likely effective rent$1,660
HUD FMR$2,400
Market rentUsed$1,660
Est. payment standard (90%)$2,160
-Principal and interest-$934
Loan amount$147,807
Down payment$36,952
Rate6.50%
Term30 years
-Operating costs-$526
Property taxes-$185
Insurance-$175
Utilities$0
HOA$0
Management-$166
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$26,702(72.3% ROI)
Projected value
$198,965
Return breakdown
Property appreciation+$14,206
Loan principal paid down+$5,296
Rental cash flow+$7,200
5-year hold
+$45,722(123.7% ROI)
Projected value
$209,038
Return breakdown
Property appreciation+$24,279
Loan principal paid down+$9,443
Rental cash flow+$12,000
10-year hold
+$98,250(265.9% ROI)
Projected value
$236,507
Return breakdown
Property appreciation+$51,748
Loan principal paid down+$22,502
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.13
1 BR
1.24
2 BR
1.45
3 BR
1.88
4 BR
1.87
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Freeland, MD fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Freeland, MD is $2,400 a month. That is down 9.8% from $2,660 in FY 2026. Freeland 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 Freeland is 28% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Freeland, MD
BedroomsFY 2027Change90–110% range
Studio$1,710−10.0%$1,539–$1,881
1BR$1,960−9.7%$1,764–$2,156
2BR$2,400−9.8%$2,160–$2,640
3BR$3,080−9.9%$2,772–$3,388
4BR$3,440−9.9%$3,096–$3,784

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Freeland, MD
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,710$1,960$2,400$3,080$3,440
FY 2026$1,900$2,170$2,660$3,420$3,820
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$1,540$1,790$2,210$2,870$3,280

Questions about Freeland, MD rents

How much will Section 8 pay for a two-bedroom in Freeland, 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 $2,400 it would be $2,160 to $2,640. 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 Freeland, MD in?

Freeland, 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 Freeland, MD for FY 2027?

The two-bedroom FMR fell 9.8%, from $2,660 in FY 2026 to $2,400 in FY 2027. Since FY 2023 it has risen 8.6%.

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