FMR is near market; voucher and private rents are aligned.
0.96
1 BR
1 BR- 20676
0.96ratio
FMR$1,580
Market$1,640
vs market-$60
FMR is near market; voucher and private rents are aligned.
0.96
2 BR
2 BR- 20676
0.89ratio
FMR$1,810
Market$2,040
vs market-$230
FMR is below market; voucher rent may lag private rents.
0.89
3 BR
3 BR- 20676
1.06ratio
FMR$2,510
Market$2,360
vs market+$150
FMR is near market; voucher and private rents are aligned.
1.06
4 BR
4 BR- 20676
1.01ratio
FMR$2,830
Market$2,790
vs market+$40
FMR is near market; voucher and private rents are aligned.
1.01
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
--
Port Republic, MD fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Port Republic, MD is $1,810 a month. That is down 8.1% from $1,970 in FY 2026. Port Republic 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 Port Republic is 3% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Port Republic, MD
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,710
$1,540
−9.9%
$1,386–$1,694
1BR
$1,750
$1,580
−9.7%
$1,422–$1,738
2BR
$1,970
$1,810
−8.1%
$1,629–$1,991
3BR
$2,560
$2,510
−2.0%
$2,259–$2,761
4BR
$3,010
$2,830
−6.0%
$2,547–$3,113
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Port Republic, MD
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,540
$1,580
$1,810
$2,510
$2,830
FY 2026
$1,710
$1,750
$1,970
$2,560
$3,010
FY 2025
$1,900
$1,940
$2,180
$2,730
$3,220
FY 2024
$1,850
$1,880
$2,130
$2,650
$3,140
FY 2023
$1,750
$1,780
$2,020
$2,530
$3,010
Questions about Port Republic, MD rents
How much will Section 8 pay for a two-bedroom in Port Republic, 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 $1,810 it would be $1,629 to $1,991. 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 Port Republic, MD in?
Port Republic, 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 Port Republic, MD for FY 2027?
The two-bedroom FMR fell 8.1%, from $1,970 in FY 2026 to $1,810 in FY 2027. Since FY 2023 it has fallen 10.4%.
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