FMR is near market; voucher and private rents are aligned.
1.10
1 BR
1 BR- 21085
1.12ratio
FMR$1,640
Market$1,460
vs market+$180
FMR is above market; underwrite to market rent.
1.12
2 BR
2 BR- 21085
1.15ratio
FMR$2,030
Market$1,770
vs market+$260
FMR is above market; underwrite to market rent.
1.15
3 BR
3 BR- 21085
1.17ratio
FMR$2,540
Market$2,170
vs market+$370
FMR is above market; underwrite to market rent.
1.17
4 BR
4 BR- 21085
1.03ratio
FMR$2,820
Market$2,730
vs market+$90
FMR is near market; voucher and private rents are aligned.
1.03
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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Joppa, MD fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Joppa, MD is $2,030 a month. That is up 12.2% from $1,810 in FY 2026. Joppa 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 Joppa is 8% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Joppa, MD
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,330
$1,540
+15.8%
$1,386–$1,694
1BR
$1,470
$1,640
+11.6%
$1,476–$1,804
2BR
$1,810
$2,030
+12.2%
$1,827–$2,233
3BR
$2,300
$2,540
+10.4%
$2,286–$2,794
4BR
$2,550
$2,820
+10.6%
$2,538–$3,102
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Joppa, MD
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,540
$1,640
$2,030
$2,540
$2,820
FY 2026
$1,330
$1,470
$1,810
$2,300
$2,550
FY 2025
$1,330
$1,510
$1,850
$2,380
$2,660
FY 2024
$1,240
$1,420
$1,750
$2,270
$2,570
FY 2023
$950
$1,100
$1,360
$1,760
$2,020
Questions about Joppa, MD rents
How much will Section 8 pay for a two-bedroom in Joppa, 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 $2,030 it would be $1,827 to $2,233. 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 Joppa, MD in?
Joppa, 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 Joppa, MD for FY 2027?
The two-bedroom FMR rose 12.2%, from $1,810 in FY 2026 to $2,030 in FY 2027. Since FY 2023 it has risen 49.3%.
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