MD/Montgomery County/SANDY SPRING
SANDY SPRING, MD
CitySAFMR
Montgomery County
Found 1 ZIP
BRFMR
Eff. Rent
0 BR$1,950$1,820
1 BR$1,990$1,920
2 BR$2,240$2,410
3 BR$2,800$2,900
4 BR$3,300$3,550
5 BR$3,795
6 BR$4,364
7 BR$5,019
8 BR$5,772

Purchase Price Calculator

Maximum purchase price
$296,209

Cost breakdown

+Likely effective rent$2,410
HUD FMR$2,240
Market rent$2,500
Est. payment standard (108%)Used$2,410
Estimated payment standard is $2,410 (108% of FMR).
-Principal and interest-$1,498
Loan amount$236,967
Down payment$59,242
Rate6.50%
Term30 years
-Operating costs-$712
Property taxes-$296
Insurance-$175
Utilities$0
HOA$0
Management-$241
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$38,466(64.9% ROI)
Projected value
$318,984
Current value$296,209
Return breakdown
Property appreciation+$22,776
Loan principal paid down+$8,490
Rental cash flow+$7,200
5-year hold
+$66,064(111.5% ROI)
Projected value
$335,133
Current value$296,209
Return breakdown
Property appreciation+$38,924
Loan principal paid down+$15,140
Rental cash flow+$12,000
10-year hold
+$143,039(241.4% ROI)
Projected value
$379,172
Current value$296,209
Return breakdown
Property appreciation+$82,963
Loan principal paid down+$36,076
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio- 20860
1.07ratio
FMR$1,950
Market$1,820
vs market+$130

FMR is near market; voucher and private rents are aligned.

90% standard$1,755 / 0.96 ratio110% standard$2,145 / 1.18 ratio
1.07
1 BR
1 BR- 20860
1.04ratio
FMR$1,990
Market$1,920
vs market+$70

FMR is near market; voucher and private rents are aligned.

90% standard$1,791 / 0.93 ratio110% standard$2,189 / 1.14 ratio
1.04
2 BR
2 BR- 20860
0.90ratio
FMR$2,240
Market$2,500
vs market-$260

FMR is below market; voucher rent may lag private rents.

90% standard$2,016 / 0.81 ratio110% standard$2,464 / 0.99 ratio
0.90
3 BR
3 BR- 20860
0.95ratio
FMR$2,800
Market$2,960
vs market-$160

FMR is near market; voucher and private rents are aligned.

90% standard$2,520 / 0.85 ratio110% standard$3,080 / 1.04 ratio
0.95
4 BR
4 BR- 20860
0.90ratio
FMR$3,300
Market$3,680
vs market-$380

FMR is below market; voucher rent may lag private rents.

90% standard$2,970 / 0.81 ratio110% standard$3,630 / 0.99 ratio
0.90
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller unit sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for SANDY SPRING, MD (MD) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

Related ZIPs

SANDY SPRING, MD fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for SANDY SPRING, MD shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,240 and the 4 bedroom fair market rent is $3,300.

Use this page for searches like SANDY SPRING, MD FMR, SANDY SPRING, MD fair market rent, and SANDY SPRING, MD Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for SANDY SPRING, MD
Bedroom sizeHUD FMR
Studio$1,950
1 bedroom$1,990
2 bedroom$2,240
3 bedroom$2,800
4 bedroom$3,300