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Montgomery County/Glen Echo/20812

20812

ZIPSAFMR
Montgomery County, MD
Zillow

ZIP Investment Score

102Above average

095130300
BRFMR
Eff. Rent
0 BR$2,880$2,700
1 BR$3,010$2,740
2 BR$3,330$3,370
3 BR$4,240$4,250
4 BR$4,990$4,890
5 BR$5,739Not available
6 BR$6,599Not available
7 BR$7,589Not available
8 BR$8,728Not available

Purchase Price Calculator

Maximum purchase price
$438,864

Cost breakdown

+Likely effective rent$3,370
HUD FMR$3,330
Market rent$3,390
Est. payment standard (101%)Used$3,370
-Principal and interest-$2,219
Loan amount$351,091
Down payment$87,773
Rate6.50%
Term30 years
-Operating costs-$951
Property taxes-$439
Insurance-$175
Utilities$0
HOA$0
Management-$337
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$53,523(61.0% ROI)
Projected value
$472,609
Return breakdown
Property appreciation+$33,745
Loan principal paid down+$12,579
Rental cash flow+$7,200
5-year hold
+$92,102(104.9% ROI)
Projected value
$496,534
Return breakdown
Property appreciation+$57,670
Loan principal paid down+$22,431
Rental cash flow+$12,000
10-year hold
+$200,369(228.3% ROI)
Projected value
$561,783
Return breakdown
Property appreciation+$122,919
Loan principal paid down+$53,450
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.07
1 BR
1.10
2 BR
0.98
3 BR
1.00
4 BR
1.02
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 20812 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 20812 (Glen Echo, MD) is $3,330 a month. That is up 8.1% from $3,080 in FY 2026. Glen Echo 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 77 ZIP codes in Montgomery County, 20812 has the 5th-highest two-bedroom rent (county range $1,200–$3,660). The median county two-bedroom FMR in Maryland is $1,875, so ZIP 20812 is 78% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 20812
BedroomsFY 2027Change90–110% range
Studio$2,880+7.5%$2,592–$3,168
1BR$3,010+9.1%$2,709–$3,311
2BR$3,330+8.1%$2,997–$3,663
3BR$4,240+9.0%$3,816–$4,664
4BR$4,990+9.0%$4,491–$5,489

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 20812
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,880$3,010$3,330$4,240$4,990
FY 2026$2,680$2,760$3,080$3,890$4,580
FY 2025$2,810$2,870$3,230$4,040$4,760
FY 2024$2,480$2,520$2,860$3,550$4,210
FY 2023$2,200$2,230$2,540$3,180$3,800

Two-bedroom rent in nearby Montgomery County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 20812
20812Current$3,330—
20814$3,020−9.3%
20815$2,880−13.5%
20816$3,240−2.7%
20817$3,660+9.9%
20818$3,660+9.9%
20824$2,470−25.8%
20825$2,470−25.8%
20827$2,470−25.8%
20830$2,470−25.8%
20832$3,000−9.9%
20833$2,580−22.5%

Questions about ZIP 20812 rents

How much will Section 8 pay for a two-bedroom in ZIP 20812?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $3,330, that basic range is $2,997 to $3,663 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 20812 in?

ZIP 20812 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 20812 for FY 2027?

The two-bedroom FMR rose 8.1%, from $3,080 in FY 2026 to $3,330 in FY 2027. Since FY 2023 it has risen 31.1%.

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