Charles County/Newburg/20664

20664

ZIPSAFMR

Charles County, MD

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ZIP Investment Score

118Above average

095130300

BR	FMR	Eff. Rent	3Y CAGR
0 BR	$2,300	$2,350	10.4%
1 BR	$2,400	$2,360	11.3%
2 BR	$2,660	$2,370	10.5%
3 BR	$3,390	$2,500	11.4%
4 BR	$3,990	$3,060	11.2%
5 BR	$4,589	Not available	11.2%
6 BR	$5,277	Not available	11.2%
7 BR	$6,068	Not available	11.2%
8 BR	$6,979	Not available	11.2%

Purchase Price Calculator

Maximum purchase price

$290,265

Cost breakdown

+Likely effective rent$2,370

HUD FMR$2,660

Market rentUsed$2,370

Est. payment standard (93%)$2,470

-Principal and interest-$1,468

Loan amount$232,212

Down payment$58,053

Rate6.50%

Term30 years

-Operating costs-$702

Property taxes-$290

Insurance-$175

Utilities$0

HOA$0

Management-$237

=Target cash flow+$200

Calculation mode

BedroomsCash-flow target

Down payment methodDown payment %

HOA / mo

Utilities methodUtilities amount

Management methodManagement % of rent

Hold period projections

Annual appreciation rate

3-year hold

+$37,838(65.2% ROI)

Projected value

$312,583

Return breakdown

Property appreciation+$22,319

Loan principal paid down+$8,320

Rental cash flow+$7,200

5-year hold

+$64,979(111.9% ROI)

Projected value

$328,408

Return breakdown

Property appreciation+$38,143

Loan principal paid down+$14,836

Rental cash flow+$12,000

10-year hold

+$140,650(242.3% ROI)

Projected value

$371,563

Return breakdown

Property appreciation+$81,299

Loan principal paid down+$35,352

Rental cash flow+$24,000

Public Housing Authority

Rolodex

Market Alignment

Studio

0.97ratio

FMR$2,300

Market$2,380

vs market-$80

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

0.97

1 BR

1.02ratio

FMR$2,400

Market$2,360

vs market+$40

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

1.02

2 BR

1.12ratio

FMR$2,660

Market$2,370

vs market+$290

FMR is above market; underwrite to market rent.

1.12

3 BR

1.36ratio

FMR$3,390

Market$2,500

vs market+$890

FMR is above market; underwrite to market rent.

1.36

4 BR

1.30ratio

FMR$3,990

Market$3,060

vs market+$930

FMR is above market; underwrite to market rent.

1.30

0.700.800.901.001.101.201.30aligned range

Historical

FY 2023-2027

FMR: FY2027
Market rent: last ~365 days
Property value: --
Tax rate: --
Mortgage rate: --

ZIP 20664 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 20664 (Newburg, MD) is $2,660 a month. That is up 11.3% from $2,390 in FY 2026. Newburg is in the Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 26 ZIP codes in Charles County, 20664 is tied for the 6th-highest two-bedroom rent (county range $1,720–$3,310). The median county two-bedroom FMR in Maryland is $1,875, so ZIP 20664 is 42% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 20664
Bedrooms	FY 2026	FY 2027	Change	90–110% range
Studio	$2,080	$2,300	+10.6%	$2,070–$2,530
1BR	$2,140	$2,400	+12.1%	$2,160–$2,640
2BR	$2,390	$2,660	+11.3%	$2,394–$2,926
3BR	$3,020	$3,390	+12.3%	$3,051–$3,729
4BR	$3,550	$3,990	+12.4%	$3,591–$4,389

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 20664
Fiscal year	Studio	1BR	2BR	3BR	4BR
FY 2027	$2,300	$2,400	$2,660	$3,390	$3,990
FY 2026	$2,080	$2,140	$2,390	$3,020	$3,550
FY 2025	$2,120	$2,170	$2,440	$3,050	$3,600
FY 2024	$1,710	$1,740	$1,970	$2,450	$2,900
FY 2023	$1,430	$1,460	$1,660	$2,080	$2,480

Two-bedroom rent in nearby Charles County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code	2 bedroom	vs. 20664
20637	$3,310	+24.4%
20640	$2,190	−17.7%
20645	$2,660	0.0%
20646	$1,960	−26.3%
20658	$2,190	−17.7%
20659	$1,720	−35.3%
20661	$2,380	−10.5%
20662	$2,140	−19.5%
20664Current	$2,660	—
20675	$2,230	−16.2%
20677	$2,380	−10.5%
20693	$2,380	−10.5%

Questions about ZIP 20664 rents

How much will Section 8 pay for a two-bedroom in ZIP 20664?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,660, that basic range is $2,394 to $2,926 a month. 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 20664 in?

ZIP 20664 is in the Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

How much did fair market rent change in ZIP 20664 for FY 2027?

The two-bedroom FMR rose 11.3%, from $2,390 in FY 2026 to $2,660 in FY 2027. Since FY 2023 it has risen 60.2%.

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 rent Newburg, MD fair market rent MD statewide rents What is SAFMR?Data sources