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Galesville, MD

CitySAFMR
Anne Arundel County
Found 1 ZIP

City Median Investment Score

96Above average

095130300
BRFMR
Eff. Rent
0 BR$1,910$1,730
1 BR$2,040$1,860
2 BR$2,520$2,270
3 BR$3,150$2,840
4 BR$3,500$3,570
5 BR$4,025Not available
6 BR$4,629Not available
7 BR$5,323Not available
8 BR$6,122Not available

Purchase Price Calculator

Maximum purchase price
$275,405

Cost breakdown

+Likely effective rent$2,270
HUD FMR$2,520
Market rentUsed$2,270
Est. payment standard (94%)$2,360
-Principal and interest-$1,393
Loan amount$220,324
Down payment$55,081
Rate6.50%
Term30 years
-Operating costs-$677
Property taxes-$275
Insurance-$175
Utilities$0
HOA$0
Management-$227
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$36,270(65.8% ROI)
Projected value
$296,581
Return breakdown
Property appreciation+$21,176
Loan principal paid down+$7,894
Rental cash flow+$7,200
5-year hold
+$62,267(113.0% ROI)
Projected value
$311,595
Return breakdown
Property appreciation+$36,190
Loan principal paid down+$14,077
Rental cash flow+$12,000
10-year hold
+$134,678(244.5% ROI)
Projected value
$352,541
Return breakdown
Property appreciation+$77,137
Loan principal paid down+$33,542
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.10
1 BR
1.10
2 BR
1.11
3 BR
1.11
4 BR
0.97
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Galesville, MD fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Galesville, MD is $2,520 a month. That is up 42.4% from $1,770 in FY 2026. Galesville 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 Galesville is 34% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Galesville, MD
BedroomsFY 2027Change90–110% range
Studio$1,910+48.1%$1,719–$2,101
1BR$2,040+40.7%$1,836–$2,244
2BR$2,520+42.4%$2,268–$2,772
3BR$3,150+38.2%$2,835–$3,465
4BR$3,500+37.3%$3,150–$3,850

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Galesville, MD
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,910$2,040$2,520$3,150$3,500
FY 2026$1,290$1,450$1,770$2,280$2,550
FY 2025$1,370$1,560$1,910$2,460$2,750
FY 2024$1,350$1,550$1,900$2,460$2,790
FY 2023$1,010$1,170$1,450$1,880$2,150

Questions about Galesville, MD rents

How much will Section 8 pay for a two-bedroom in Galesville, 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 $2,520 it would be $2,268 to $2,772. 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 Galesville, MD in?

Galesville, 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 Galesville, MD for FY 2027?

The two-bedroom FMR rose 42.4%, from $1,770 in FY 2026 to $2,520 in FY 2027. Since FY 2023 it has risen 73.8%.

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