20854
ZIPSAFMR
Montgomery County, MD
BRFMR
Eff. Rent
0 BR$2,930$2,220
1 BR$3,020$2,300
2 BR$3,370$2,490
3 BR$4,250$3,740
4 BR$5,000$4,340
5 BR$5,750
6 BR$6,612
7 BR$7,604
8 BR$8,745

Purchase Price Calculator

Maximum purchase price
$308,096

Cost breakdown

+Likely effective rent$2,490
HUD FMR$3,370
Market rentUsed$2,490
Est. payment standard (90%)$3,030
Market rent is below the inferred standard ($3,030, 90% of FMR).
-Principal and interest-$1,558
Loan amount$246,477
Down payment$61,619
Rate6.50%
Term30 years
-Operating costs-$732
Property taxes-$308
Insurance-$175
Utilities$0
HOA$0
Management-$249
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$39,720(64.5% ROI)
Projected value
$331,786
Current value$308,096
Return breakdown
Property appreciation+$23,690
Loan principal paid down+$8,831
Rental cash flow+$7,200
5-year hold
+$68,234(110.7% ROI)
Projected value
$348,583
Current value$308,096
Return breakdown
Property appreciation+$40,486
Loan principal paid down+$15,747
Rental cash flow+$12,000
10-year hold
+$147,816(239.9% ROI)
Projected value
$394,390
Current value$308,096
Return breakdown
Property appreciation+$86,293
Loan principal paid down+$37,523
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
1.32ratio
FMR$2,930
Market$2,220
vs market+$710

FMR is above market; underwrite to market rent.

90% standard$2,637 / 1.19 ratio110% standard$3,223 / 1.45 ratio
1.32
1 BR
1 BR
1.31ratio
FMR$3,020
Market$2,300
vs market+$720

FMR is above market; underwrite to market rent.

90% standard$2,718 / 1.18 ratio110% standard$3,322 / 1.44 ratio
1.31
2 BR
2 BR
1.35ratio
FMR$3,370
Market$2,490
vs market+$880

FMR is above market; underwrite to market rent.

90% standard$3,033 / 1.22 ratio110% standard$3,707 / 1.49 ratio
1.35
3 BR
3 BR
1.14ratio
FMR$4,250
Market$3,740
vs market+$510

FMR is above market; underwrite to market rent.

90% standard$3,825 / 1.02 ratio110% standard$4,675 / 1.25 ratio
1.14
4 BR
4 BR
1.15ratio
FMR$5,000
Market$4,340
vs market+$660

FMR is above market; underwrite to market rent.

90% standard$4,500 / 1.04 ratio110% standard$5,500 / 1.27 ratio
1.15
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents across all bedroom 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 20854 (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.

20854 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 20854 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 20854 FMR, 20854 fair market rent, and 20854 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 20854
Bedroom sizeHUD FMR
Studio$2,930
1 bedroom$3,020
2 bedroom$3,370
3 bedroom$4,250
4 bedroom$5,000