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Harmans, MD

CitySAFMR
Anne Arundel County
Found 1 ZIP

City Median Investment Score

97Above average

095130300
BRFMR
Eff. Rent
0 BR$2,230$1,990
1 BR$2,370$1,810
2 BR$2,930$2,310
3 BR$3,660$2,700
4 BR$4,070$3,340
5 BR$4,681Not available
6 BR$5,383Not available
7 BR$6,190Not available
8 BR$7,118Not available

Purchase Price Calculator

Maximum purchase price
$281,349

Cost breakdown

+Likely effective rent$2,310
HUD FMR$2,930
Market rentUsed$2,310
Est. payment standard (90%)$2,640
-Principal and interest-$1,423
Loan amount$225,079
Down payment$56,270
Rate6.50%
Term30 years
-Operating costs-$687
Property taxes-$281
Insurance-$175
Utilities$0
HOA$0
Management-$231
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$36,897(65.6% ROI)
Projected value
$302,982
Return breakdown
Property appreciation+$21,633
Loan principal paid down+$8,064
Rental cash flow+$7,200
5-year hold
+$63,352(112.6% ROI)
Projected value
$318,320
Return breakdown
Property appreciation+$36,972
Loan principal paid down+$14,380
Rental cash flow+$12,000
10-year hold
+$137,067(243.6% ROI)
Projected value
$360,150
Return breakdown
Property appreciation+$78,801
Loan principal paid down+$34,266
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.12
1 BR
1.31
2 BR
1.27
3 BR
1.36
4 BR
1.22
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Harmans, MD fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Harmans, MD is $2,930 a month. That is up 8.5% from $2,700 in FY 2026. Harmans 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 Harmans is 56% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Harmans, MD
BedroomsFY 2027Change90–110% range
Studio$2,230+12.6%$2,007–$2,453
1BR$2,370+7.7%$2,133–$2,607
2BR$2,930+8.5%$2,637–$3,223
3BR$3,660+6.7%$3,294–$4,026
4BR$4,070+7.1%$3,663–$4,477

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Harmans, MD
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,230$2,370$2,930$3,660$4,070
FY 2026$1,980$2,200$2,700$3,430$3,800
FY 2025$2,050$2,340$2,860$3,680$4,110
FY 2024$1,960$2,250$2,760$3,580$4,050
FY 2023$1,570$1,810$2,240$2,900$3,320

Questions about Harmans, MD rents

How much will Section 8 pay for a two-bedroom in Harmans, 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 $2,930 it would be $2,637 to $3,223. 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 Harmans, MD in?

Harmans, 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 Harmans, MD for FY 2027?

The two-bedroom FMR rose 8.5%, from $2,700 in FY 2026 to $2,930 in FY 2027. Since FY 2023 it has risen 30.8%.

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