FMR is near market; voucher and private rents are aligned.
0.92
3 BR
3 BR- 21234
1.01ratio
FMR$2,480
Market$2,460
vs market+$20
FMR is near market; voucher and private rents are aligned.
1.01
4 BR
4 BR- 21234
1.00ratio
FMR$2,750
Market$2,740
vs market+$10
FMR is near market; voucher and private rents are aligned.
1.00
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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Parkville, MD fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Parkville, MD is $1,980 a month. That is up 8.2% from $1,830 in FY 2026. Parkville 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 Parkville is 6% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Parkville, MD
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,340
$1,500
+11.9%
$1,350–$1,650
1BR
$1,490
$1,600
+7.4%
$1,440–$1,760
2BR
$1,830
$1,980
+8.2%
$1,782–$2,178
3BR
$2,320
$2,480
+6.9%
$2,232–$2,728
4BR
$2,570
$2,750
+7.0%
$2,475–$3,025
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Parkville, MD
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,500
$1,600
$1,980
$2,480
$2,750
FY 2026
$1,340
$1,490
$1,830
$2,320
$2,570
FY 2025
$1,340
$1,530
$1,870
$2,410
$2,690
FY 2024
$1,300
$1,490
$1,830
$2,370
$2,680
FY 2023
$1,040
$1,210
$1,490
$1,930
$2,210
Questions about Parkville, MD rents
How much will Section 8 pay for a two-bedroom in Parkville, 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 $1,980 it would be $1,782 to $2,178. 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 Parkville, MD in?
Parkville, 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 Parkville, MD for FY 2027?
The two-bedroom FMR rose 8.2%, from $1,830 in FY 2026 to $1,980 in FY 2027. Since FY 2023 it has risen 32.9%.
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