Montgomery County/Brinklow/20862

20862

ZIPSAFMR

Montgomery County, MD

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ZIP Investment Score

79Below average

095130300

BR	FMR	Eff. Rent	3Y CAGR
0 BR	$2,140	$1,510	0.3%
1 BR	$2,230	$1,660	0.5%
2 BR	$2,470	$2,480	-0.8%
3 BR	$3,150	$2,920	-0.3%
4 BR	$3,710	$3,570	-0.3%
5 BR	$4,267	Not available	-0.3%
6 BR	$4,906	Not available	-0.3%
7 BR	$5,642	Not available	-0.3%
8 BR	$6,489	Not available	-0.3%

Purchase Price Calculator

Maximum purchase price

$306,610

Cost breakdown

+Likely effective rent$2,480

HUD FMR$2,470

Market rent$2,490

Est. payment standard (101%)Used$2,480

-Principal and interest-$1,550

Loan amount$245,288

Down payment$61,322

Rate6.50%

Term30 years

-Operating costs-$730

Property taxes-$307

Insurance-$175

Utilities$0

HOA$0

Management-$248

=Target cash flow+$200

Calculation mode

BedroomsCash-flow target

Down payment methodDown payment %

HOA / mo

Utilities methodUtilities amount

Management methodManagement % of rent

Hold period projections

Annual appreciation rate

3-year hold

+$39,564(64.5% ROI)

Projected value

$330,186

Return breakdown

Property appreciation+$23,575

Loan principal paid down+$8,788

Rental cash flow+$7,200

5-year hold

+$67,963(110.8% ROI)

Projected value

$346,902

Return breakdown

Property appreciation+$40,291

Loan principal paid down+$15,672

Rental cash flow+$12,000

10-year hold

+$147,219(240.1% ROI)

Projected value

$392,487

Return breakdown

Property appreciation+$85,877

Loan principal paid down+$37,342

Rental cash flow+$24,000

Public Housing Authority

Rolodex

Market Alignment

Studio

1.42ratio

FMR$2,140

Market$1,510

vs market+$630

FMR is above market; underwrite to market rent.

1.42

1 BR

1.34ratio

FMR$2,230

Market$1,660

vs market+$570

FMR is above market; underwrite to market rent.

1.34

2 BR

0.99ratio

FMR$2,470

Market$2,490

vs market-$20

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

0.99

3 BR

1.08ratio

FMR$3,150

Market$2,920

vs market+$230

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

1.08

4 BR

1.04ratio

FMR$3,710

Market$3,570

vs market+$140

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

1.04

0.700.800.901.001.101.201.30aligned range

Historical

FY 2023-2027

FMR: FY2027
Market rent: last ~365 days
Property value: --
Tax rate: --
Mortgage rate: --

ZIP 20862 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 20862 (Brinklow, MD) is $2,470 a month. That is down 0.4% from $2,480 in FY 2026. Brinklow 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, 20862 is tied for the 30th-highest two-bedroom rent (county range $1,200–$3,660). The median county two-bedroom FMR in Maryland is $1,875, so ZIP 20862 is 32% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 20862
Bedrooms	FY 2026	FY 2027	Change	90–110% range
Studio	$2,070	$2,140	+3.4%	$1,926–$2,354
1BR	$2,160	$2,230	+3.2%	$2,007–$2,453
2BR	$2,480	$2,470	−0.4%	$2,223–$2,717
3BR	$3,120	$3,150	+1.0%	$2,835–$3,465
4BR	$3,630	$3,710	+2.2%	$3,339–$4,081

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 20862
Fiscal year	Studio	1BR	2BR	3BR	4BR
FY 2027	$2,140	$2,230	$2,470	$3,150	$3,710
FY 2026	$2,070	$2,160	$2,480	$3,120	$3,630
FY 2025	$2,300	$2,400	$2,750	$3,460	$4,030
FY 2024	$2,120	$2,200	$2,530	$3,180	$3,740
FY 2023	$1,870	$1,940	$2,240	$2,820	$3,330

Two-bedroom rent in nearby Montgomery County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code	2 bedroom	vs. 20862
20852	$3,080	+24.7%
20853	$2,300	−6.9%
20854	$3,660	+48.2%
20855	$2,920	+18.2%
20857	$2,470	0.0%
20859	$2,470	0.0%
20860	$2,590	+4.9%
20861	$2,470	0.0%
20862Current	$2,470	—
20866	$2,690	+8.9%
20868	$2,490	+0.8%
20871	$2,870	+16.2%

Questions about ZIP 20862 rents

How much will Section 8 pay for a two-bedroom in ZIP 20862?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,470, that basic range is $2,223 to $2,717 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 20862 in?

ZIP 20862 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 20862 for FY 2027?

The two-bedroom FMR fell 0.4%, from $2,480 in FY 2026 to $2,470 in FY 2027. Since FY 2023 it has risen 10.3%.

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 rent Brinklow, MD fair market rent MD statewide rents What is SAFMR?Data sources