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MD/Washington County/Hagerstown

Hagerstown, MD

CitySAFMR
Washington County
Found 4 ZIPs
Zillow

City Median Investment Score

81Below average

095130300
BRFMR
Eff. Rent
0 BR$880 – $1,030$970 – $1,040
1 BR$960 – $1,130$1,060 – $1,160
2 BR$1,260 – $1,480$1,390 – $1,510
3 BR$1,680 – $1,980$1,820 – $1,870
4 BR$1,890 – $2,220$2,080 – $2,240
5 BR$2,174Not available
6 BR$2,500Not available
7 BR$2,874Not available
8 BR$3,306Not available

Public Housing Authority

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Rolodex

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Market Alignment

Studio
2
0.73-0.99
1 BR
1
1
1
0.71-0.96
2 BR
1
1
1
0.73-0.97
3 BR
1
1
1
0.84-1.06
4 BR
2
0.73-0.99
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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Hagerstown, MD fair market rent, FY 2027

For FY 2027, HUD's two-bedroom Small Area Fair Market Rent across the 4 ZIP codes in Hagerstown, MD ranges from $1,260 to $1,480 a month, with a median of $1,260. That is up 1.6% from $1,240 in FY 2026. Hagerstown is in the Hagerstown, MD HUD Metro FMR Area. 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 $1,284. The median county two-bedroom FMR in Maryland is $1,875, so Hagerstown is 33% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Hagerstown, MD
BedroomsFY 2027Change90–110% range
Studio$880+3.5%$792–$968
1BR$960+1.1%$864–$1,056
2BR$1,260+1.6%$1,134–$1,386
3BR$1,680+0.6%$1,512–$1,848
4BR$1,890+1.1%$1,701–$2,079

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Hagerstown, MD
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$880$960$1,260$1,680$1,890
FY 2026$850$950$1,240$1,670$1,870
FY 2025$840$940$1,240$1,730$1,900
FY 2024$930$1,040$1,370$1,920$2,110
FY 2023$710$820$1,060$1,510$1,680

Two-bedroom rent by ZIP code

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. median
21742$1,480+17.5%
21740$1,2600.0%
21746$1,2600.0%

Questions about Hagerstown, MD rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,284, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,156 to $1,412 a month; under the ZIP-level Small Area FMR of $1,260 it would be $1,134 to $1,386. 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 Hagerstown, MD in?

Hagerstown, MD is in the Hagerstown, MD HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,284.

How much did fair market rent change in Hagerstown, MD for FY 2027?

The two-bedroom FMR rose 1.6%, from $1,240 in FY 2026 to $1,260 in FY 2027. Since FY 2023 it has risen 18.9%.

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

County fair market rentMD statewide rentsWhat is SAFMR?Data sources