FMR is near market; voucher and private rents are aligned.
1.04
3 BR
3 BR- 20860
1.11ratio
FMR$3,300
Market$2,960
vs market+$340
FMR is above market; underwrite to market rent.
1.11
4 BR
4 BR- 20860
1.06ratio
FMR$3,890
Market$3,680
vs market+$210
FMR is near market; voucher and private rents are aligned.
1.06
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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Sandy Spring, MD fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Sandy Spring, MD is $2,590 a month. That is up 15.6% from $2,240 in FY 2026. Sandy Spring 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 Sandy Spring is 38% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Sandy Spring, MD
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,950
$2,240
+14.9%
$2,016–$2,464
1BR
$1,990
$2,340
+17.6%
$2,106–$2,574
2BR
$2,240
$2,590
+15.6%
$2,331–$2,849
3BR
$2,800
$3,300
+17.9%
$2,970–$3,630
4BR
$3,300
$3,890
+17.9%
$3,501–$4,279
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Sandy Spring, MD
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,240
$2,340
$2,590
$3,300
$3,890
FY 2026
$1,950
$1,990
$2,240
$2,800
$3,300
FY 2025
$2,160
$2,210
$2,480
$3,110
$3,660
FY 2024
$1,990
$2,020
$2,300
$2,860
$3,390
FY 2023
$1,810
$1,840
$2,090
$2,620
$3,120
Questions about Sandy Spring, MD rents
How much will Section 8 pay for a two-bedroom in Sandy Spring, MD?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,590, that basic range is $2,331 to $2,849 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 Sandy Spring, MD in?
Sandy Spring, 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 Sandy Spring, MD for FY 2027?
The two-bedroom FMR rose 15.6%, from $2,240 in FY 2026 to $2,590 in FY 2027. Since FY 2023 it has risen 23.9%.
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