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MD/St. Mary's County/Lexington Park

Lexington Park, MD

CitySAFMR
St. Mary's County
Found 1 ZIP

City Median Investment Score

81Below average

095130300
BRFMR
Eff. Rent
0 BR$1,270$1,300
1 BR$1,570$1,450
2 BR$1,710$1,780
3 BR$2,150$2,070
4 BR$2,730$2,780
5 BR$3,139Not available
6 BR$3,610Not available
7 BR$4,152Not available
8 BR$4,775Not available

Purchase Price Calculator

Maximum purchase price
$202,591

Cost breakdown

+Likely effective rent$1,780
HUD FMR$1,710
Market rent$1,810
Est. payment standard (104%)Used$1,780
-Principal and interest-$1,024
Loan amount$162,073
Down payment$40,518
Rate6.50%
Term30 years
-Operating costs-$556
Property taxes-$203
Insurance-$175
Utilities$0
HOA$0
Management-$178
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$28,584(70.5% ROI)
Projected value
$218,168
Return breakdown
Property appreciation+$15,577
Loan principal paid down+$5,807
Rental cash flow+$7,200
5-year hold
+$48,977(120.9% ROI)
Projected value
$229,213
Return breakdown
Property appreciation+$26,622
Loan principal paid down+$10,355
Rental cash flow+$12,000
10-year hold
+$105,416(260.2% ROI)
Projected value
$259,333
Return breakdown
Property appreciation+$56,743
Loan principal paid down+$24,674
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.96
1 BR
1.08
2 BR
0.94
3 BR
1.04
4 BR
0.97
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Lexington Park, MD fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Lexington Park, MD is $1,710 a month. That is down 3.4% from $1,770 in FY 2026. Lexington Park is in the St. Mary's County, 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 $1,787. The median county two-bedroom FMR in Maryland is $1,875, so Lexington Park is 9% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Lexington Park, MD
BedroomsFY 2027Change90–110% range
Studio$1,270−5.9%$1,143–$1,397
1BR$1,570−2.5%$1,413–$1,727
2BR$1,710−3.4%$1,539–$1,881
3BR$2,150−1.8%$1,935–$2,365
4BR$2,730−2.2%$2,457–$3,003

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Lexington Park, MD
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,270$1,570$1,710$2,150$2,730
FY 2026$1,350$1,610$1,770$2,190$2,790
FY 2025$1,460$1,590$1,790$2,230$2,750
FY 2024$1,450$1,470$1,730$2,240$2,620
FY 2023$1,280$1,300$1,570$2,130$2,430

Questions about Lexington Park, MD rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,787, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,608 to $1,966 a month; under the ZIP-level Small Area FMR of $1,710 it would be $1,539 to $1,881. 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 Lexington Park, MD in?

Lexington Park, MD is in the St. Mary's County, MD HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,787.

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

The two-bedroom FMR fell 3.4%, from $1,770 in FY 2026 to $1,710 in FY 2027. Since FY 2023 it has risen 8.9%.

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