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Anne Arundel County/Dunkirk/20754

20754

ZIPSAFMR
Anne Arundel County, MD
Zillow

ZIP Investment Score

62Below average

095130300
BRFMR
Eff. Rent
0 BR$2,040$2,240
1 BR$2,070$2,280
2 BR$2,620$2,500
3 BR$3,580$2,720
4 BR$4,030$3,230
5 BR$4,635Not available
6 BR$5,330Not available
7 BR$6,129Not available
8 BR$7,048Not available

Purchase Price Calculator

Maximum purchase price
$309,582

Cost breakdown

+Likely effective rent$2,500
HUD FMR$2,620
Market rentUsed$2,500
Est. payment standard (97%)$2,540
-Principal and interest-$1,565
Loan amount$247,666
Down payment$61,916
Rate6.50%
Term30 years
-Operating costs-$735
Property taxes-$310
Insurance-$175
Utilities$0
HOA$0
Management-$250
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$39,877(64.4% ROI)
Projected value
$333,386
Return breakdown
Property appreciation+$23,804
Loan principal paid down+$8,873
Rental cash flow+$7,200
5-year hold
+$68,505(110.6% ROI)
Projected value
$350,264
Return breakdown
Property appreciation+$40,682
Loan principal paid down+$15,823
Rental cash flow+$12,000
10-year hold
+$148,414(239.7% ROI)
Projected value
$396,292
Return breakdown
Property appreciation+$86,709
Loan principal paid down+$37,704
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.83
1 BR
0.85
2 BR
1.05
3 BR
1.32
4 BR
1.25
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 20754 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 20754 (Dunkirk, MD) is $2,620 a month. That is up 3.6% from $2,530 in FY 2026. Dunkirk is in the Baltimore-Columbia-Towson, MD MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $2,006. Among 46 ZIP codes in Anne Arundel County, 20754 has the 19th-highest two-bedroom rent (county range $1,680–$3,010). The median county two-bedroom FMR in Maryland is $1,875, so ZIP 20754 is 40% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 20754
BedroomsFY 2027Change90–110% range
Studio$2,040−5.6%$1,836–$2,244
1BR$2,070−7.2%$1,863–$2,277
2BR$2,620+3.6%$2,358–$2,882
3BR$3,580+10.2%$3,222–$3,938
4BR$4,030+6.1%$3,627–$4,433

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 20754
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,040$2,070$2,620$3,580$4,030
FY 2026$2,160$2,230$2,530$3,250$3,800
FY 2025$2,390$2,470$2,810$3,520$4,130
FY 2024$2,190$2,250$2,580$3,230$3,810
FY 2023$1,820$1,890$2,180$2,740$3,240

Two-bedroom rent in nearby Anne Arundel County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 20754
20724$2,840+8.4%
20733$2,520−3.8%
20736$1,750−33.2%
20751$2,520−3.8%
20754Current$2,620—
20755$2,780+6.1%
20758$1,990−24.0%
20764$2,870+9.5%
20765$2,520−3.8%
20776$2,570−1.9%
20778$2,520−3.8%
20779$2,200−16.0%

Questions about ZIP 20754 rents

How much will Section 8 pay for a two-bedroom in ZIP 20754?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,006, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,805 to $2,207 a month; under the ZIP-level Small Area FMR of $2,620 it would be $2,358 to $2,882. 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 20754 in?

ZIP 20754 is in the Baltimore-Columbia-Towson, MD MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,006.

How much did fair market rent change in ZIP 20754 for FY 2027?

The two-bedroom FMR rose 3.6%, from $2,530 in FY 2026 to $2,620 in FY 2027. Since FY 2023 it has risen 20.2%.

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