20656
ZIPSAFMR
St. Mary's County, MD
BRFMR
Eff. Rent
0 BR$1,480$1,630
1 BR$1,780$1,920
2 BR$1,950$1,890
3 BR$2,410$2,360
4 BR$3,070$2,990
5 BR$3,530
6 BR$4,060
7 BR$4,669
8 BR$5,369

Purchase Price Calculator

Maximum purchase price
$218,937

Cost breakdown

+Likely effective rent$1,890
HUD FMR$1,950
Market rentUsed$1,890
Est. payment standard (98%)$1,910
Market rent is below the inferred standard ($1,910, 98% of FMR).
-Principal and interest-$1,107
Loan amount$175,149
Down payment$43,787
Rate6.50%
Term30 years
-Operating costs-$583
Property taxes-$219
Insurance-$175
Utilities$0
HOA$0
Management-$189
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$30,309(69.2% ROI)
Projected value
$235,771
Current value$218,937
Return breakdown
Property appreciation+$16,834
Loan principal paid down+$6,275
Rental cash flow+$7,200
5-year hold
+$51,960(118.7% ROI)
Projected value
$247,707
Current value$218,937
Return breakdown
Property appreciation+$28,770
Loan principal paid down+$11,190
Rental cash flow+$12,000
10-year hold
+$111,985(255.7% ROI)
Projected value
$280,258
Current value$218,937
Return breakdown
Property appreciation+$61,321
Loan principal paid down+$26,665
Rental cash flow+$24,000

Upgrade to access AI-powered research tools

Upgrade

Rolodex

Upgrade to access AI-powered research tools

Upgrade

Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
0.72ratio
FMR$1,480
Market$2,050
vs market-$570

FMR is below market; voucher rent may lag private rents.

90% standard$1,332 / 0.65 ratio110% standard$1,628 / 0.79 ratio
0.72
1 BR
1 BR
0.89ratio
FMR$1,780
Market$1,990
vs market-$210

FMR is below market; voucher rent may lag private rents.

90% standard$1,602 / 0.81 ratio110% standard$1,958 / 0.98 ratio
0.89
2 BR
2 BR
1.03ratio
FMR$1,950
Market$1,890
vs market+$60

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

90% standard$1,755 / 0.93 ratio110% standard$2,145 / 1.13 ratio
1.03
3 BR
3 BR
1.02ratio
FMR$2,410
Market$2,360
vs market+$50

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

90% standard$2,169 / 0.92 ratio110% standard$2,651 / 1.12 ratio
1.02
4 BR
4 BR
1.03ratio
FMR$3,070
Market$2,990
vs market+$80

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

90% standard$2,763 / 0.92 ratio110% standard$3,377 / 1.13 ratio
1.03
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller 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 20656 (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.

20656 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 20656 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,950 and the 4 bedroom fair market rent is $3,070.

Use this page for searches like 20656 FMR, 20656 fair market rent, and 20656 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 20656
Bedroom sizeHUD FMR
Studio$1,480
1 bedroom$1,780
2 bedroom$1,950
3 bedroom$2,410
4 bedroom$3,070