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MD/Frederick County/Rocky Ridge

Rocky Ridge, MD

CitySAFMR
Frederick County
Found 1 ZIP

City Median Investment Score

76Below average

095130300
BRFMR
Eff. Rent
0 BR$1,200$1,320
1 BR$1,260$1,340
2 BR$1,420$1,560
3 BR$1,800$1,960
4 BR$2,110$2,140
5 BR$2,427Not available
6 BR$2,790Not available
7 BR$3,209Not available
8 BR$3,690Not available

Purchase Price Calculator

Maximum purchase price
$169,899

Cost breakdown

+Likely effective rent$1,560
HUD FMR$1,420
Market rent$1,740
Est. payment standard (110%)Used$1,560
-Principal and interest-$859
Loan amount$135,919
Down payment$33,980
Rate6.50%
Term30 years
-Operating costs-$501
Property taxes-$170
Insurance-$175
Utilities$0
HOA$0
Management-$156
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$25,133(74.0% ROI)
Projected value
$182,962
Return breakdown
Property appreciation+$13,064
Loan principal paid down+$4,870
Rental cash flow+$7,200
5-year hold
+$43,010(126.6% ROI)
Projected value
$192,225
Return breakdown
Property appreciation+$22,326
Loan principal paid down+$8,684
Rental cash flow+$12,000
10-year hold
+$92,278(271.6% ROI)
Projected value
$217,485
Return breakdown
Property appreciation+$47,586
Loan principal paid down+$20,692
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.83
1 BR
0.91
2 BR
0.82
3 BR
0.88
4 BR
0.98
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Rocky Ridge, MD fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Rocky Ridge, MD is $1,420 a month. That is up 8.4% from $1,310 in FY 2026. Rocky Ridge is in the Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in Maryland is $1,875, so Rocky Ridge is 24% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Rocky Ridge, MD
BedroomsFY 2027Change90–110% range
Studio$1,200+8.1%$1,080–$1,320
1BR$1,260+8.6%$1,134–$1,386
2BR$1,420+8.4%$1,278–$1,562
3BR$1,800+9.1%$1,620–$1,980
4BR$2,110+9.9%$1,899–$2,321

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Rocky Ridge, MD
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,200$1,260$1,420$1,800$2,110
FY 2026$1,110$1,160$1,310$1,650$1,920
FY 2025$1,160$1,200$1,370$1,720$2,010
FY 2024$1,040$1,080$1,240$1,550$1,820
FY 2023$1,000$1,030$1,170$1,510$1,820

Questions about Rocky Ridge, MD rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,420, that basic range is $1,278 to $1,562 a month. 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 Rocky Ridge, MD in?

Rocky Ridge, MD is in the Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

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

The two-bedroom FMR rose 8.4%, from $1,310 in FY 2026 to $1,420 in FY 2027. Since FY 2023 it has risen 21.4%.

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