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Harwood, MD

CitySAFMR
Anne Arundel County
Found 1 ZIP

City Median Investment Score

90Below average

095130300
BRFMR
Eff. Rent
0 BR$1,990$1,990
1 BR$2,110$2,110
2 BR$2,570$2,570
3 BR$3,220$3,220
4 BR$3,610$3,610
5 BR$4,152Not available
6 BR$4,774Not available
7 BR$5,490Not available
8 BR$6,314Not available

Purchase Price Calculator

Maximum purchase price
$319,984

Cost breakdown

+Likely effective rent$2,570
HUD FMRUsed$2,570
Market rentN/A
Est. payment standardN/A
-Principal and interest-$1,618
Loan amount$255,988
Down payment$63,997
Rate6.50%
Term30 years
-Operating costs-$752
Property taxes-$320
Insurance-$175
Utilities$0
HOA$0
Management-$257
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$40,975(64.0% ROI)
Projected value
$344,588
Return breakdown
Property appreciation+$24,604
Loan principal paid down+$9,171
Rental cash flow+$7,200
5-year hold
+$70,404(110.0% ROI)
Projected value
$362,033
Return breakdown
Property appreciation+$42,049
Loan principal paid down+$16,355
Rental cash flow+$12,000
10-year hold
+$152,594(238.4% ROI)
Projected value
$409,607
Return breakdown
Property appreciation+$89,623
Loan principal paid down+$38,971
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
--
Tax rate
--
Mortgage rate
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Harwood, MD fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Harwood, MD is $2,570 a month. That is up 20.1% from $2,140 in FY 2026. Harwood 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 Harwood is 37% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Harwood, MD
BedroomsFY 2027Change90–110% range
Studio$1,990+22.8%$1,791–$2,189
1BR$2,110+19.2%$1,899–$2,321
2BR$2,570+20.1%$2,313–$2,827
3BR$3,220+18.4%$2,898–$3,542
4BR$3,610+18.8%$3,249–$3,971

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Harwood, MD
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,990$2,110$2,570$3,220$3,610
FY 2026$1,620$1,770$2,140$2,720$3,040
FY 2025$1,700$1,900$2,300$2,950$3,320
FY 2024$1,770$2,030$2,490$3,230$3,650
FY 2023$1,400$1,630$2,010$2,610$2,980

Questions about Harwood, MD rents

How much will Section 8 pay for a two-bedroom in Harwood, 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 $2,570 it would be $2,313 to $2,827. 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 Harwood, MD in?

Harwood, 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 Harwood, MD for FY 2027?

The two-bedroom FMR rose 20.1%, from $2,140 in FY 2026 to $2,570 in FY 2027. Since FY 2023 it has risen 27.9%.

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