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Lusby, MD

CitySAFMR
Calvert County
Found 1 ZIP

City Median Investment Score

83Below average

095130300
BRFMR
Eff. Rent
0 BR$1,400$1,540
1 BR$1,410$1,550
2 BR$1,790$1,950
3 BR$2,480$2,340
4 BR$2,800$2,550
5 BR$3,220Not available
6 BR$3,703Not available
7 BR$4,258Not available
8 BR$4,897Not available

Purchase Price Calculator

Maximum purchase price
$227,853

Cost breakdown

+Likely effective rent$1,950
HUD FMR$1,790
Market rent$2,040
Est. payment standard (109%)Used$1,950
-Principal and interest-$1,152
Loan amount$182,282
Down payment$45,571
Rate6.50%
Term30 years
-Operating costs-$598
Property taxes-$228
Insurance-$175
Utilities$0
HOA$0
Management-$195
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$31,250(68.6% ROI)
Projected value
$245,372
Return breakdown
Property appreciation+$17,520
Loan principal paid down+$6,531
Rental cash flow+$7,200
5-year hold
+$53,588(117.6% ROI)
Projected value
$257,794
Return breakdown
Property appreciation+$29,942
Loan principal paid down+$11,646
Rental cash flow+$12,000
10-year hold
+$115,568(253.6% ROI)
Projected value
$291,671
Return breakdown
Property appreciation+$63,818
Loan principal paid down+$27,750
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.80
1 BR
0.85
2 BR
0.88
3 BR
1.06
4 BR
1.10
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Lusby, MD fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Lusby, MD is $1,790 a month. That is down 3.8% from $1,860 in FY 2026. Lusby is in the Calvert 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 $1,890. The median county two-bedroom FMR in Maryland is $1,875, so Lusby is 5% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Lusby, MD
BedroomsFY 2027Change90–110% range
Studio$1,400−9.1%$1,260–$1,540
1BR$1,410−9.0%$1,269–$1,551
2BR$1,790−3.8%$1,611–$1,969
3BR$2,480+2.1%$2,232–$2,728
4BR$2,800−2.1%$2,520–$3,080

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Lusby, MD
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,400$1,410$1,790$2,480$2,800
FY 2026$1,540$1,550$1,860$2,430$2,860
FY 2025$1,660$1,700$1,910$2,390$2,820
FY 2024$1,460$1,490$1,690$2,100$2,490
FY 2023$1,330$1,350$1,540$1,930$2,300

Questions about Lusby, MD rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,890, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,701 to $2,079 a month; under the ZIP-level Small Area FMR of $1,790 it would be $1,611 to $1,969. 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 Lusby, MD in?

Lusby, MD is in the Calvert County, MD HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,890.

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

The two-bedroom FMR fell 3.8%, from $1,860 in FY 2026 to $1,790 in FY 2027. Since FY 2023 it has risen 16.2%.

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