For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 20762 (Andrews Air Force Base, MD) is $3,300 a month. That is up 7.5% from $3,070 in FY 2026. Andrews Air Force Base 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, 20762 has the 2nd-highest two-bedroom rent (county range $1,750–$3,610). The median county two-bedroom FMR in Maryland is $1,875, so ZIP 20762 is 76% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 20762
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,670
$2,860
+7.1%
$2,574–$3,146
1BR
$2,750
$2,980
+8.4%
$2,682–$3,278
2BR
$3,070
$3,300
+7.5%
$2,970–$3,630
3BR
$3,870
$4,210
+8.8%
$3,789–$4,631
4BR
$4,550
$4,950
+8.8%
$4,455–$5,445
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 20762
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,860
$2,980
$3,300
$4,210
$4,950
FY 2026
$2,670
$2,750
$3,070
$3,870
$4,550
FY 2025
$2,730
$2,790
$3,140
$3,930
$4,630
FY 2024
$2,440
$2,480
$2,810
$3,500
$4,140
FY 2023
$2,230
$2,270
$2,580
$3,230
$3,850
Two-bedroom rent in nearby Prince George's County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 20762?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $3,300, that basic range is $2,970 to $3,630 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 20762 in?
ZIP 20762 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 20762 for FY 2027?
The two-bedroom FMR rose 7.5%, from $3,070 in FY 2026 to $3,300 in FY 2027. Since FY 2023 it has risen 27.9%.
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