20603
ZIPSAFMR
Charles County, MD
BRFMR
Eff. Rent
0 BR$2,000$1,320
1 BR$2,060$1,400
2 BR$2,300$2,340
3 BR$2,900$2,790
4 BR$3,410$3,160
5 BR$3,921
6 BR$4,510
7 BR$5,186
8 BR$5,964

Purchase Price Calculator

Maximum purchase price
$285,807

Cost breakdown

+Likely effective rent$2,340
HUD FMR$2,300
Market rent$2,360
Est. payment standard (102%)Used$2,340
Estimated payment standard is $2,340 (102% of FMR).
-Principal and interest-$1,445
Loan amount$228,645
Down payment$57,161
Rate6.50%
Term30 years
-Operating costs-$695
Property taxes-$286
Insurance-$175
Utilities$0
HOA$0
Management-$234
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$37,368(65.4% ROI)
Projected value
$307,782
Current value$285,807
Return breakdown
Property appreciation+$21,976
Loan principal paid down+$8,192
Rental cash flow+$7,200
5-year hold
+$64,166(112.3% ROI)
Projected value
$323,364
Current value$285,807
Return breakdown
Property appreciation+$37,557
Loan principal paid down+$14,608
Rental cash flow+$12,000
10-year hold
+$138,859(242.9% ROI)
Projected value
$365,857
Current value$285,807
Return breakdown
Property appreciation+$80,050
Loan principal paid down+$34,809
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
1.52ratio
FMR$2,000
Market$1,320
vs market+$680

FMR is above market; underwrite to market rent.

90% standard$1,800 / 1.36 ratio110% standard$2,200 / 1.67 ratio
1.52
1 BR
1 BR
1.47ratio
FMR$2,060
Market$1,400
vs market+$660

FMR is above market; underwrite to market rent.

90% standard$1,854 / 1.32 ratio110% standard$2,266 / 1.62 ratio
1.47
2 BR
2 BR
0.97ratio
FMR$2,300
Market$2,360
vs market-$60

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

90% standard$2,070 / 0.88 ratio110% standard$2,530 / 1.07 ratio
0.97
3 BR
3 BR
1.04ratio
FMR$2,900
Market$2,790
vs market+$110

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

90% standard$2,610 / 0.94 ratio110% standard$3,190 / 1.14 ratio
1.04
4 BR
4 BR
1.08ratio
FMR$3,410
Market$3,160
vs market+$250

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

90% standard$3,069 / 0.97 ratio110% standard$3,751 / 1.19 ratio
1.08
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger 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 20603 (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.

20603 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 20603 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,300 and the 4 bedroom fair market rent is $3,410.

Use this page for searches like 20603 FMR, 20603 fair market rent, and 20603 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 20603
Bedroom sizeHUD FMR
Studio$2,000
1 bedroom$2,060
2 bedroom$2,300
3 bedroom$2,900
4 bedroom$3,410