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Prince George's County/Temple Hills/20748

20748

ZIPSAFMR
Prince George's County, MD
Zillow

ZIP Investment Score

132High yield potential

095130300
BRFMR
Eff. Rent
0 BR$1,690$1,570
1 BR$1,760$1,540
2 BR$1,950$2,040
3 BR$2,490$2,580
4 BR$2,930$3,010
5 BR$3,369Not available
6 BR$3,875Not available
7 BR$4,456Not available
8 BR$5,125Not available

Purchase Price Calculator

Maximum purchase price
$241,227

Cost breakdown

+Likely effective rent$2,040
HUD FMR$1,950
Market rent$2,090
Est. payment standard (105%)Used$2,040
-Principal and interest-$1,220
Loan amount$192,981
Down payment$48,245
Rate6.50%
Term30 years
-Operating costs-$620
Property taxes-$241
Insurance-$175
Utilities$0
HOA$0
Management-$204
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$32,662(67.7% ROI)
Projected value
$259,775
Return breakdown
Property appreciation+$18,548
Loan principal paid down+$6,914
Rental cash flow+$7,200
5-year hold
+$56,029(116.1% ROI)
Projected value
$272,926
Return breakdown
Property appreciation+$31,699
Loan principal paid down+$12,330
Rental cash flow+$12,000
10-year hold
+$120,943(250.7% ROI)
Projected value
$308,791
Return breakdown
Property appreciation+$67,564
Loan principal paid down+$29,379
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.08
1 BR
1.14
2 BR
0.93
3 BR
0.95
4 BR
0.96
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 20748 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 20748 (Temple Hills, MD) is $1,950 a month. That is up 4.3% from $1,870 in FY 2026. Temple Hills 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, 20748 has the 63rd-highest two-bedroom rent (county range $1,750–$3,610). The median county two-bedroom FMR in Maryland is $1,875, so ZIP 20748 is 4% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 20748
BedroomsFY 2027Change90–110% range
Studio$1,690+3.7%$1,521–$1,859
1BR$1,760+4.8%$1,584–$1,936
2BR$1,950+4.3%$1,755–$2,145
3BR$2,490+5.5%$2,241–$2,739
4BR$2,930+5.8%$2,637–$3,223

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 20748
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,690$1,760$1,950$2,490$2,930
FY 2026$1,630$1,680$1,870$2,360$2,770
FY 2025$1,630$1,670$1,880$2,350$2,770
FY 2024$1,460$1,480$1,680$2,090$2,480
FY 2023$1,340$1,360$1,550$1,940$2,310

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

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 20748
20741$2,150+10.3%
20742$2,560+31.3%
20743$2,000+2.6%
20744$2,170+11.3%
20745$1,920−1.5%
20746$2,240+14.9%
20747$2,150+10.3%
20748Current$1,950—
20749$2,150+10.3%
20750$2,150+10.3%
20752$2,150+10.3%
20753$2,150+10.3%

Questions about ZIP 20748 rents

How much will Section 8 pay for a two-bedroom in ZIP 20748?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,950, that basic range is $1,755 to $2,145 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 20748 in?

ZIP 20748 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 20748 for FY 2027?

The two-bedroom FMR rose 4.3%, from $1,870 in FY 2026 to $1,950 in FY 2027. Since FY 2023 it has risen 25.8%.

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 rentTemple Hills, MD fair market rentMD statewide rentsWhat is SAFMR?Data sources