FMR is near market; voucher and private rents are aligned.
1.09
1 BR
1 BR- 21113
1.20ratio
FMR$2,220
Market$1,850
vs market+$370
FMR is above market; underwrite to market rent.
1.20
2 BR
2 BR- 21113
1.19ratio
FMR$2,740
Market$2,300
vs market+$440
FMR is above market; underwrite to market rent.
1.19
3 BR
3 BR- 21113
1.25ratio
FMR$3,430
Market$2,750
vs market+$680
FMR is above market; underwrite to market rent.
1.25
4 BR
4 BR- 21113
1.16ratio
FMR$3,810
Market$3,280
vs market+$530
FMR is above market; underwrite to market rent.
1.16
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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Odenton, MD fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Odenton, MD is $2,740 a month. That is up 6.6% from $2,570 in FY 2026. Odenton 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 Odenton is 46% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Odenton, MD
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,880
$2,080
+10.6%
$1,872–$2,288
1BR
$2,090
$2,220
+6.2%
$1,998–$2,442
2BR
$2,570
$2,740
+6.6%
$2,466–$3,014
3BR
$3,260
$3,430
+5.2%
$3,087–$3,773
4BR
$3,610
$3,810
+5.5%
$3,429–$4,191
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Odenton, MD
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,080
$2,220
$2,740
$3,430
$3,810
FY 2026
$1,880
$2,090
$2,570
$3,260
$3,610
FY 2025
$1,960
$2,230
$2,730
$3,510
$3,930
FY 2024
$1,910
$2,190
$2,690
$3,490
$3,940
FY 2023
$1,490
$1,730
$2,130
$2,760
$3,160
Questions about Odenton, MD rents
How much will Section 8 pay for a two-bedroom in Odenton, 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 $2,740 it would be $2,466 to $3,014. 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 Odenton, MD in?
Odenton, 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 Odenton, MD for FY 2027?
The two-bedroom FMR rose 6.6%, from $2,570 in FY 2026 to $2,740 in FY 2027. Since FY 2023 it has risen 28.6%.
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