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Prince George's County/Fort Washington/20744

20744

ZIPSAFMR
Prince George's County, MD
Zillow

ZIP Investment Score

123Above average

095130300
BRFMR
Eff. Rent
0 BR$1,880$1,470
1 BR$1,960$1,570
2 BR$2,170$2,270
3 BR$2,770$2,760
4 BR$3,260$3,290
5 BR$3,749Not available
6 BR$4,311Not available
7 BR$4,958Not available
8 BR$5,702Not available

Purchase Price Calculator

Maximum purchase price
$275,405

Cost breakdown

+Likely effective rent$2,270
HUD FMR$2,170
Market rent$2,320
Est. payment standard (104%)Used$2,270
-Principal and interest-$1,393
Loan amount$220,324
Down payment$55,081
Rate6.50%
Term30 years
-Operating costs-$677
Property taxes-$275
Insurance-$175
Utilities$0
HOA$0
Management-$227
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$36,270(65.8% ROI)
Projected value
$296,581
Return breakdown
Property appreciation+$21,176
Loan principal paid down+$7,894
Rental cash flow+$7,200
5-year hold
+$62,267(113.0% ROI)
Projected value
$311,595
Return breakdown
Property appreciation+$36,190
Loan principal paid down+$14,077
Rental cash flow+$12,000
10-year hold
+$134,678(244.5% ROI)
Projected value
$352,541
Return breakdown
Property appreciation+$77,137
Loan principal paid down+$33,542
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.28
1 BR
1.25
2 BR
0.94
3 BR
1.00
4 BR
0.98
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 20744 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 20744 (Fort Washington, MD) is $2,170 a month. That is up 8.0% from $2,010 in FY 2026. Fort Washington 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 65 ZIP codes in Prince George's County, 20744 has the 29th-highest two-bedroom rent (county range $1,750–$3,610). The median county two-bedroom FMR in Maryland is $1,875, so ZIP 20744 is 16% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 20744
BedroomsFY 2027Change90–110% range
Studio$1,880+7.4%$1,692–$2,068
1BR$1,960+8.9%$1,764–$2,156
2BR$2,170+8.0%$1,953–$2,387
3BR$2,770+9.1%$2,493–$3,047
4BR$3,260+9.4%$2,934–$3,586

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 20744
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,880$1,960$2,170$2,770$3,260
FY 2026$1,750$1,800$2,010$2,540$2,980
FY 2025$1,830$1,870$2,100$2,630$3,100
FY 2024$1,620$1,650$1,870$2,330$2,760
FY 2023$1,460$1,490$1,690$2,110$2,520

Two-bedroom rent in nearby Prince George's County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 20744
20738$2,150−0.9%
20740$2,560+18.0%
20741$2,150−0.9%
20742$2,560+18.0%
20743$2,000−7.8%
20744Current$2,170—
20745$1,920−11.5%
20746$2,240+3.2%
20747$2,150−0.9%
20748$1,950−10.1%
20749$2,150−0.9%
20750$2,150−0.9%

Questions about ZIP 20744 rents

How much will Section 8 pay for a two-bedroom in ZIP 20744?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,170, that basic range is $1,953 to $2,387 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 20744 in?

ZIP 20744 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 20744 for FY 2027?

The two-bedroom FMR rose 8.0%, from $2,010 in FY 2026 to $2,170 in FY 2027. Since FY 2023 it has risen 28.4%.

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 rentFort Washington, MD fair market rentMD statewide rentsWhat is SAFMR?Data sources