20628
ZIPSAFMR
St. Mary's County, MD
BRFMR
Eff. Rent
0 BR$1,390$1,390
1 BR$1,670$1,670
2 BR$1,830$1,830
3 BR$2,260$2,120
4 BR$2,880$2,280
5 BR$3,312
6 BR$3,809
7 BR$4,380
8 BR$5,037

Purchase Price Calculator

Maximum purchase price
$210,021

Cost breakdown

+Likely effective rent$1,830
HUD FMRUsed$1,830
Market rentN/A
Est. payment standardN/A
HUD FMR fallback; market rent is unavailable.
-Principal and interest-$1,062
Loan amount$168,017
Down payment$42,004
Rate6.50%
Term30 years
-Operating costs-$568
Property taxes-$210
Insurance-$175
Utilities$0
HOA$0
Management-$183
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$29,368(69.9% ROI)
Projected value
$226,169
Current value$210,021
Return breakdown
Property appreciation+$16,149
Loan principal paid down+$6,020
Rental cash flow+$7,200
5-year hold
+$50,333(119.8% ROI)
Projected value
$237,619
Current value$210,021
Return breakdown
Property appreciation+$27,598
Loan principal paid down+$10,735
Rental cash flow+$12,000
10-year hold
+$108,402(258.1% ROI)
Projected value
$268,844
Current value$210,021
Return breakdown
Property appreciation+$58,824
Loan principal paid down+$25,579
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.

3 BR
3 BR
1.07ratio
FMR$2,260
Market$2,120
vs market+$140

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

90% standard$2,034 / 0.96 ratio110% standard$2,486 / 1.17 ratio
1.07
4 BR
4 BR
1.26ratio
FMR$2,880
Market$2,280
vs market+$600

FMR is above market; underwrite to market rent.

90% standard$2,592 / 1.14 ratio110% standard$3,168 / 1.39 ratio
1.26
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 20628 (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.

20628 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 20628 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,830 and the 4 bedroom fair market rent is $2,880.

Use this page for searches like 20628 FMR, 20628 fair market rent, and 20628 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 20628
Bedroom sizeHUD FMR
Studio$1,390
1 bedroom$1,670
2 bedroom$1,830
3 bedroom$2,260
4 bedroom$2,880