20707
ZIPSAFMR
Montgomery County, MD
BRFMR
Eff. Rent
0 BR$1,970$1,480
1 BR$2,030$1,590
2 BR$2,260$2,120
3 BR$2,850$2,630
4 BR$3,350$3,240
5 BR$3,852
6 BR$4,430
7 BR$5,095
8 BR$5,859

Purchase Price Calculator

Maximum purchase price
$253,115

Cost breakdown

+Likely effective rent$2,120
HUD FMR$2,260
Market rentUsed$2,120
Est. payment standard (96%)$2,170
Market rent is below the inferred standard ($2,170, 96% of FMR).
-Principal and interest-$1,280
Loan amount$202,492
Down payment$50,623
Rate6.50%
Term30 years
-Operating costs-$640
Property taxes-$253
Insurance-$175
Utilities$0
HOA$0
Management-$212
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$33,917(67.0% ROI)
Projected value
$272,577
Current value$253,115
Return breakdown
Property appreciation+$19,462
Loan principal paid down+$7,255
Rental cash flow+$7,200
5-year hold
+$58,199(115.0% ROI)
Projected value
$286,376
Current value$253,115
Return breakdown
Property appreciation+$33,261
Loan principal paid down+$12,937
Rental cash flow+$12,000
10-year hold
+$125,721(248.3% ROI)
Projected value
$324,008
Current value$253,115
Return breakdown
Property appreciation+$70,893
Loan principal paid down+$30,827
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
1.33ratio
FMR$1,970
Market$1,480
vs market+$490

FMR is above market; underwrite to market rent.

90% standard$1,773 / 1.20 ratio110% standard$2,167 / 1.46 ratio
1.33
1 BR
1 BR
1.28ratio
FMR$2,030
Market$1,590
vs market+$440

FMR is above market; underwrite to market rent.

90% standard$1,827 / 1.15 ratio110% standard$2,233 / 1.40 ratio
1.28
2 BR
2 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
3 BR
3 BR
1.08ratio
FMR$2,850
Market$2,630
vs market+$220

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

90% standard$2,565 / 0.98 ratio110% standard$3,135 / 1.19 ratio
1.08
4 BR
4 BR
1.03ratio
FMR$3,350
Market$3,240
vs market+$110

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

90% standard$3,015 / 0.93 ratio110% standard$3,685 / 1.14 ratio
1.03
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 20707 (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.

20707 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 20707 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,260 and the 4 bedroom fair market rent is $3,350.

Use this page for searches like 20707 FMR, 20707 fair market rent, and 20707 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 20707
Bedroom sizeHUD FMR
Studio$1,970
1 bedroom$2,030
2 bedroom$2,260
3 bedroom$2,850
4 bedroom$3,350