Skip to main content
Loading page
Kent County/Marydel/19964

19964

ZIPSAFMR
Kent County, DE
Zillow

ZIP Investment Score

124Above average

095130300
BRFMR
Eff. Rent
0 BR$1,370$1,370
1 BR$1,380$1,380
2 BR$1,740$1,740
3 BR$2,370$2,370
4 BR$2,780$2,780
5 BR$3,197Not available
6 BR$3,677Not available
7 BR$4,228Not available
8 BR$4,862Not available

Purchase Price Calculator

Maximum purchase price
$196,647

Cost breakdown

+Likely effective rent$1,740
HUD FMRUsed$1,740
Market rentN/A
Est. payment standardN/A
-Principal and interest-$994
Loan amount$157,317
Down payment$39,329
Rate6.50%
Term30 years
-Operating costs-$546
Property taxes-$197
Insurance-$175
Utilities$0
HOA$0
Management-$174
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$27,957(71.1% ROI)
Projected value
$211,767
Return breakdown
Property appreciation+$15,120
Loan principal paid down+$5,636
Rental cash flow+$7,200
5-year hold
+$47,892(121.8% ROI)
Projected value
$222,488
Return breakdown
Property appreciation+$25,841
Loan principal paid down+$10,051
Rental cash flow+$12,000
10-year hold
+$103,028(262.0% ROI)
Projected value
$251,725
Return breakdown
Property appreciation+$55,078
Loan principal paid down+$23,950
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 19964 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 19964 (Marydel, DE) is $1,740 a month. That is up 7.4% from $1,620 in FY 2026. Marydel is in the Dover, DE 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 $1,629. Among 21 ZIP codes in Kent County, 19964 has the 6th-highest two-bedroom rent (county range $1,370–$2,000). The median county two-bedroom FMR in Delaware is $1,629, so ZIP 19964 is 7% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 19964
BedroomsFY 2027Change90–110% range
Studio$1,370+8.7%$1,233–$1,507
1BR$1,380+8.7%$1,242–$1,518
2BR$1,740+7.4%$1,566–$1,914
3BR$2,370+8.2%$2,133–$2,607
4BR$2,780+9.0%$2,502–$3,058

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 19964
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,370$1,380$1,740$2,370$2,780
FY 2026$1,260$1,270$1,620$2,190$2,550
FY 2025$1,240$1,250$1,590$2,180$2,470
FY 2024$1,210$1,280$1,560$2,140$2,400
FY 2023$770$780$910$1,290$1,490

Two-bedroom rent in nearby Kent County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 19964
19950$1,580−9.2%
19952$1,520−12.6%
19953$1,480−14.9%
19954$1,520−12.6%
19955$2,000+14.9%
19961$1,630−6.3%
19962$1,560−10.3%
19963$1,470−15.5%
19964Current$1,740—
19977$1,770+1.7%
19979$2,000+14.9%
19980$1,620−6.9%

Questions about ZIP 19964 rents

How much will Section 8 pay for a two-bedroom in ZIP 19964?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,629, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,466 to $1,792 a month; under the ZIP-level Small Area FMR of $1,740 it would be $1,566 to $1,914. 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 ZIP 19964 in?

ZIP 19964 is in the Dover, DE MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,629.

How much did fair market rent change in ZIP 19964 for FY 2027?

The two-bedroom FMR rose 7.4%, from $1,620 in FY 2026 to $1,740 in FY 2027. Since FY 2023 it has risen 91.2%.

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

County fair market rentMarydel, DE fair market rentDE statewide rentsWhat is SAFMR?Data sources