Not enough rental comps in this area to determine how FMR aligns with current market rates.
Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
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Mortgage rate
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ZIP 20626 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 20626 (Coltons Point, MD) is $1,720 a month. That is up 4.2% from $1,650 in FY 2026. Coltons Point is in the St. Mary's County, MD HUD Metro FMR Area. 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 $1,787. Among 28 ZIP codes in St. Mary's County, 20626 is tied for the 18th-highest two-bedroom rent (county range $1,650–$2,240). The median county two-bedroom FMR in Maryland is $1,875, so ZIP 20626 is 8% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 20626
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,350
$1,280
−5.2%
$1,152–$1,408
1BR
$1,470
$1,580
+7.5%
$1,422–$1,738
2BR
$1,650
$1,720
+4.2%
$1,548–$1,892
3BR
$2,060
$2,160
+4.9%
$1,944–$2,376
4BR
$2,540
$2,750
+8.3%
$2,475–$3,025
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 20626
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,280
$1,580
$1,720
$2,160
$2,750
FY 2026
$1,350
$1,470
$1,650
$2,060
$2,540
FY 2025
$1,330
$1,400
$1,590
$2,060
$2,430
FY 2024
$1,470
$1,500
$1,760
$2,280
$2,670
FY 2023
$1,310
$1,330
$1,600
$2,170
$2,480
Two-bedroom rent in nearby St. Mary's County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 20626?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,787, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,608 to $1,966 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 ZIP 20626 in?
ZIP 20626 is in the St. Mary's County, MD HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,787.
How much did fair market rent change in ZIP 20626 for FY 2027?
The two-bedroom FMR rose 4.2%, from $1,650 in FY 2026 to $1,720 in FY 2027. Since FY 2023 it has risen 7.5%.
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