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Home/MD/Baltimore City

Baltimore City, MD

CountySAFMR
Found 39 ZIPs
Zillow

County Median Investment Score

149High yield potential

095130300
BRFMR
Eff. Rent
0 BR$1,230 – $1,830$680 – $1,550
1 BR$1,360 – $1,950$750 – $1,770
2 BR$1,680 – $2,410$1,210 – $2,090
3 BR$2,130 – $3,010$1,590 – $2,590
4 BR$2,350 – $3,350$1,630 – $3,190
5 BR$2,749Not available
6 BR$3,161Not available
7 BR$3,635Not available
8 BR$4,180Not available

Public Housing Authority

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Rolodex

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Market Alignment

Studio
11
0.93-1.96
1 BR
7
0.97-1.81
2 BR
7
0.87-1.45
3 BR
5
5
5
0.92-1.46
4 BR
6
0.80-2.06
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
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Mortgage rate
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Baltimore City, MD fair market rent, FY 2027

For FY 2027, HUD's two-bedroom Small Area Fair Market Rent across the 39 ZIP codes in Baltimore City, MD ranges from $1,680 to $2,410 a month, with a median of $1,720. That is down 2.8% from $1,770 in FY 2026. Baltimore City is in the Baltimore-Columbia-Towson, MD MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $2,006. The median county two-bedroom FMR in Maryland is $1,875, so Baltimore City is 8% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Baltimore City, MD
BedroomsFY 2027Change90–110% range
Studio$1,310+3.1%$1,179–$1,441
1BR$1,390−4.1%$1,251–$1,529
2BR$1,720−2.8%$1,548–$1,892
3BR$2,150−5.7%$1,935–$2,365
4BR$2,390−6.3%$2,151–$2,629

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Baltimore City, MD
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,310$1,390$1,720$2,150$2,390
FY 2026$1,270$1,450$1,770$2,280$2,550
FY 2025$1,250$1,430$1,750$2,270$2,570
FY 2024$1,180$1,350$1,660$2,150$2,430
FY 2023$930$1,080$1,330$1,730$1,970

Two-bedroom rent by ZIP code

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. median
21202$2,410+40.1%
21230$2,400+39.5%
21231$2,370+37.8%
21208$2,340+36.0%
21224$2,290+33.1%
21209$2,280+32.6%
21201$2,110+22.7%
21211$2,020+17.4%
21236$1,990+15.7%
21234$1,980+15.1%
21228$1,920+11.6%
21210$1,870+8.7%
21237$1,850+7.6%
21212$1,820+5.8%
21207$1,760+2.3%
21227$1,750+1.7%
21203$1,7200.0%
21213$1,7200.0%
21233$1,7200.0%
21263$1,7200.0%
21270$1,7200.0%
21287$1,7200.0%
21222$1,710−0.6%
21205$1,680−2.3%

Showing the 24 highest of 36 ZIP codes.

Questions about Baltimore City, MD rents

How much will Section 8 pay for a two-bedroom in Baltimore City, MD?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,006, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,805 to $2,207 a month; under the ZIP-level Small Area FMR of $1,720 it would be $1,548 to $1,892. 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 Baltimore City, MD in?

Baltimore City, MD is in the Baltimore-Columbia-Towson, MD MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,006.

How much did fair market rent change in Baltimore City, MD for FY 2027?

The two-bedroom FMR fell 2.8%, from $1,770 in FY 2026 to $1,720 in FY 2027. Since FY 2023 it has risen 29.3%.

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

MD statewide rentsWhat is SAFMR?Data sources