20817
ZIPSAFMR
Montgomery County, MD
BRFMR
Eff. Rent
0 BR$2,930$2,640
1 BR$3,020$2,630
2 BR$3,370$3,330
3 BR$4,250$3,880
4 BR$5,000$4,740
5 BR$5,750
6 BR$6,612
7 BR$7,604
8 BR$8,745

Purchase Price Calculator

Maximum purchase price
$432,920

Cost breakdown

+Likely effective rent$3,330
HUD FMR$3,370
Market rentUsed$3,330
Est. payment standard (99%)$3,340
Market rent is below the inferred standard ($3,340, 99% of FMR).
-Principal and interest-$2,189
Loan amount$346,336
Down payment$86,584
Rate6.50%
Term30 years
-Operating costs-$941
Property taxes-$433
Insurance-$175
Utilities$0
HOA$0
Management-$333
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$52,896(61.1% ROI)
Projected value
$466,208
Current value$432,920
Return breakdown
Property appreciation+$33,288
Loan principal paid down+$12,408
Rental cash flow+$7,200
5-year hold
+$91,017(105.1% ROI)
Projected value
$489,809
Current value$432,920
Return breakdown
Property appreciation+$56,889
Loan principal paid down+$22,127
Rental cash flow+$12,000
10-year hold
+$197,980(228.7% ROI)
Projected value
$554,174
Current value$432,920
Return breakdown
Property appreciation+$121,254
Loan principal paid down+$52,726
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
1.11ratio
FMR$2,930
Market$2,640
vs market+$290

FMR is above market; underwrite to market rent.

90% standard$2,637 / 1.00 ratio110% standard$3,223 / 1.22 ratio
1.11
1 BR
1 BR
1.15ratio
FMR$3,020
Market$2,630
vs market+$390

FMR is above market; underwrite to market rent.

90% standard$2,718 / 1.03 ratio110% standard$3,322 / 1.26 ratio
1.15
2 BR
2 BR
1.01ratio
FMR$3,370
Market$3,330
vs market+$40

FMR is near market; voucher and private rents are aligned.

90% standard$3,033 / 0.91 ratio110% standard$3,707 / 1.11 ratio
1.01
3 BR
3 BR
1.10ratio
FMR$4,250
Market$3,880
vs market+$370

FMR is near market; voucher and private rents are aligned.

90% standard$3,825 / 0.99 ratio110% standard$4,675 / 1.20 ratio
1.10
4 BR
4 BR
1.05ratio
FMR$5,000
Market$4,740
vs market+$260

FMR is near market; voucher and private rents are aligned.

90% standard$4,500 / 0.95 ratio110% standard$5,500 / 1.16 ratio
1.05
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger unit sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 20817 (MD) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

20817 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 20817 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $3,370 and the 4 bedroom fair market rent is $5,000.

Use this page for searches like 20817 FMR, 20817 fair market rent, and 20817 Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for 20817
Bedroom sizeHUD FMR
Studio$2,930
1 bedroom$3,020
2 bedroom$3,370
3 bedroom$4,250
4 bedroom$5,000