WARWICK, MD
CitySAFMR
Cecil County
Found 1 ZIP
BRFMR
Eff. Rent
0 BR$1,320$1,450
1 BR$1,450$1,600
2 BR$1,720$1,790
3 BR$2,060$2,140
4 BR$2,300$2,530
5 BR$2,645
6 BR$3,042
7 BR$3,498
8 BR$4,023

Purchase Price Calculator

Maximum purchase price
$204,077

Cost breakdown

+Likely effective rent$1,790
HUD FMR$1,720
Market rent$1,820
Est. payment standard (104%)Used$1,790
Estimated payment standard is $1,790 (104% of FMR).
-Principal and interest-$1,032
Loan amount$163,261
Down payment$40,815
Rate6.50%
Term30 years
-Operating costs-$558
Property taxes-$204
Insurance-$175
Utilities$0
HOA$0
Management-$179
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$28,741(70.4% ROI)
Projected value
$219,768
Current value$204,077
Return breakdown
Property appreciation+$15,692
Loan principal paid down+$5,849
Rental cash flow+$7,200
5-year hold
+$49,248(120.7% ROI)
Projected value
$230,894
Current value$204,077
Return breakdown
Property appreciation+$26,817
Loan principal paid down+$10,431
Rental cash flow+$12,000
10-year hold
+$106,013(259.7% ROI)
Projected value
$261,236
Current value$204,077
Return breakdown
Property appreciation+$57,159
Loan principal paid down+$24,855
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- 21912
0.64ratio
FMR$1,320
Market$2,070
vs market-$750

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

90% standard$1,188 / 0.57 ratio110% standard$1,452 / 0.70 ratio
0.64
1 BR
1 BR- 21912
0.81ratio
FMR$1,450
Market$1,790
vs market-$340

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

90% standard$1,305 / 0.73 ratio110% standard$1,595 / 0.89 ratio
0.81
2 BR
2 BR- 21912
0.95ratio
FMR$1,720
Market$1,820
vs market-$100

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

90% standard$1,548 / 0.85 ratio110% standard$1,892 / 1.04 ratio
0.95
3 BR
3 BR- 21912
0.94ratio
FMR$2,060
Market$2,190
vs market-$130

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

90% standard$1,854 / 0.85 ratio110% standard$2,266 / 1.03 ratio
0.94
4 BR
4 BR- 21912
0.78ratio
FMR$2,300
Market$2,940
vs market-$640

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

90% standard$2,070 / 0.70 ratio110% standard$2,530 / 0.86 ratio
0.78
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 WARWICK, 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

WARWICK, MD fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for WARWICK, MD shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,720 and the 4 bedroom fair market rent is $2,300.

Use this page for searches like WARWICK, MD FMR, WARWICK, MD fair market rent, and WARWICK, 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 WARWICK, MD
Bedroom sizeHUD FMR
Studio$1,320
1 bedroom$1,450
2 bedroom$1,720
3 bedroom$2,060
4 bedroom$2,300