FMR is near market; voucher and private rents are aligned.
0.98
3 BR
3 BR- 21056
1.08ratio
FMR$3,200
Market$2,970
vs market+$230
FMR is near market; voucher and private rents are aligned.
1.08
4 BR
4 BR- 21056
1.07ratio
FMR$3,560
Market$3,340
vs market+$220
FMR is near market; voucher and private rents are aligned.
1.07
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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Gibson Island, MD fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Gibson Island, MD is $2,560 a month. That is up 8.9% from $2,350 in FY 2026. Gibson Island 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 Gibson Island is 37% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Gibson Island, MD
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,720
$1,940
+12.8%
$1,746–$2,134
1BR
$1,910
$2,070
+8.4%
$1,863–$2,277
2BR
$2,350
$2,560
+8.9%
$2,304–$2,816
3BR
$2,980
$3,200
+7.4%
$2,880–$3,520
4BR
$3,300
$3,560
+7.9%
$3,204–$3,916
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Gibson Island, MD
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,940
$2,070
$2,560
$3,200
$3,560
FY 2026
$1,720
$1,910
$2,350
$2,980
$3,300
FY 2025
$1,780
$2,030
$2,490
$3,200
$3,580
FY 2024
$1,780
$2,050
$2,520
$3,260
$3,690
FY 2023
$1,410
$1,640
$2,020
$2,620
$2,990
Questions about Gibson Island, MD rents
How much will Section 8 pay for a two-bedroom in Gibson Island, 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 $2,560 it would be $2,304 to $2,816. 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 Gibson Island, MD in?
Gibson Island, 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 Gibson Island, MD for FY 2027?
The two-bedroom FMR rose 8.9%, from $2,350 in FY 2026 to $2,560 in FY 2027. Since FY 2023 it has risen 26.7%.
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