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MD/Frederick County/Union Bridge

Union Bridge, MD

CitySAFMR
Frederick County
Found 1 ZIP

City Median Investment Score

87Below average

095130300
BRFMR
Eff. Rent
0 BR$1,320$1,450
1 BR$1,400$1,540
2 BR$1,640$1,720
3 BR$2,060$2,030
4 BR$2,360$2,300
5 BR$2,714Not available
6 BR$3,121Not available
7 BR$3,589Not available
8 BR$4,128Not available

Purchase Price Calculator

Maximum purchase price
$193,675

Cost breakdown

+Likely effective rent$1,720
HUD FMR$1,640
Market rent$1,770
Est. payment standard (105%)Used$1,720
-Principal and interest-$979
Loan amount$154,940
Down payment$38,735
Rate6.50%
Term30 years
-Operating costs-$541
Property taxes-$194
Insurance-$175
Utilities$0
HOA$0
Management-$172
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$27,643(71.4% ROI)
Projected value
$208,567
Return breakdown
Property appreciation+$14,892
Loan principal paid down+$5,551
Rental cash flow+$7,200
5-year hold
+$47,350(122.2% ROI)
Projected value
$219,125
Return breakdown
Property appreciation+$25,450
Loan principal paid down+$9,899
Rental cash flow+$12,000
10-year hold
+$101,833(262.9% ROI)
Projected value
$247,920
Return breakdown
Property appreciation+$54,245
Loan principal paid down+$23,588
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.86
1 BR
0.84
2 BR
0.93
3 BR
1.01
4 BR
1.03
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Union Bridge, MD fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Union Bridge, MD is $1,640 a month. That is up 10.1% from $1,490 in FY 2026. Union Bridge 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 Union Bridge is 13% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Union Bridge, MD
BedroomsFY 2027Change90–110% range
Studio$1,320+10.9%$1,188–$1,452
1BR$1,400+10.2%$1,260–$1,540
2BR$1,640+10.1%$1,476–$1,804
3BR$2,060+9.0%$1,854–$2,266
4BR$2,360+9.8%$2,124–$2,596

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Union Bridge, MD
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,320$1,400$1,640$2,060$2,360
FY 2026$1,190$1,270$1,490$1,890$2,150
FY 2025$1,180$1,260$1,480$1,880$2,160
FY 2024$1,110$1,190$1,410$1,790$2,080
FY 2023$920$1,000$1,190$1,520$1,770

Questions about Union Bridge, MD rents

How much will Section 8 pay for a two-bedroom in Union Bridge, MD?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,640, that basic range is $1,476 to $1,804 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 Union Bridge, MD in?

Union Bridge, 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 Union Bridge, MD for FY 2027?

The two-bedroom FMR rose 10.1%, from $1,490 in FY 2026 to $1,640 in FY 2027. Since FY 2023 it has risen 37.8%.

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