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Highland, MD

CitySAFMR
Montgomery County
Found 1 ZIP

City Median Investment Score

82Below average

095130300
BRFMR
Eff. Rent
0 BR$1,930$1,520
1 BR$2,060$1,790
2 BR$2,540$2,410
3 BR$3,180$2,880
4 BR$3,540$3,670
5 BR$4,071Not available
6 BR$4,682Not available
7 BR$5,384Not available
8 BR$6,191Not available

Purchase Price Calculator

Maximum purchase price
$296,209

Cost breakdown

+Likely effective rent$2,410
HUD FMR$2,540
Market rentUsed$2,410
Est. payment standard (97%)$2,460
-Principal and interest-$1,498
Loan amount$236,967
Down payment$59,242
Rate6.50%
Term30 years
-Operating costs-$712
Property taxes-$296
Insurance-$175
Utilities$0
HOA$0
Management-$241
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$38,466(64.9% ROI)
Projected value
$318,984
Return breakdown
Property appreciation+$22,776
Loan principal paid down+$8,490
Rental cash flow+$7,200
5-year hold
+$66,064(111.5% ROI)
Projected value
$335,133
Return breakdown
Property appreciation+$38,924
Loan principal paid down+$15,140
Rental cash flow+$12,000
10-year hold
+$143,039(241.4% ROI)
Projected value
$379,172
Return breakdown
Property appreciation+$82,963
Loan principal paid down+$36,076
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.27
1 BR
1.15
2 BR
1.05
3 BR
1.10
4 BR
0.95
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Highland, MD fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Highland, MD is $2,540 a month. That is down 6.6% from $2,720 in FY 2026. Highland is in the Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in Maryland is $1,875, so Highland is 35% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Highland, MD
BedroomsFY 2027Change90–110% range
Studio$1,930−5.9%$1,737–$2,123
1BR$2,060−8.4%$1,854–$2,266
2BR$2,540−6.6%$2,286–$2,794
3BR$3,180−7.8%$2,862–$3,498
4BR$3,540−8.3%$3,186–$3,894

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Highland, MD
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,930$2,060$2,540$3,180$3,540
FY 2026$2,050$2,250$2,720$3,450$3,860
FY 2025$2,120$2,380$2,880$3,690$4,150
FY 2024$2,050$2,310$2,810$3,620$4,120
FY 2023$1,650$1,870$2,280$2,940$3,390

Questions about Highland, MD rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,540, that basic range is $2,286 to $2,794 a month. 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 Highland, MD in?

Highland, MD is in the Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

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

The two-bedroom FMR fell 6.6%, from $2,720 in FY 2026 to $2,540 in FY 2027. Since FY 2023 it has risen 11.4%.

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