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Montgomery County/Montgomery Village/20886

20886

ZIPSAFMR
Montgomery County, MD
Zillow

ZIP Investment Score

121Above average

095130300
BRFMR
Eff. Rent
0 BR$1,940$1,500
1 BR$2,030$1,610
2 BR$2,240$2,100
3 BR$2,850$2,610
4 BR$3,360$3,370
5 BR$3,864Not available
6 BR$4,444Not available
7 BR$5,110Not available
8 BR$5,877Not available

Purchase Price Calculator

Maximum purchase price
$250,143

Cost breakdown

+Likely effective rent$2,100
HUD FMR$2,240
Market rentUsed$2,100
Est. payment standard (96%)$2,150
-Principal and interest-$1,265
Loan amount$200,114
Down payment$50,029
Rate6.50%
Term30 years
-Operating costs-$635
Property taxes-$250
Insurance-$175
Utilities$0
HOA$0
Management-$210
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$33,603(67.2% ROI)
Projected value
$269,376
Return breakdown
Property appreciation+$19,234
Loan principal paid down+$7,170
Rental cash flow+$7,200
5-year hold
+$57,656(115.2% ROI)
Projected value
$283,013
Return breakdown
Property appreciation+$32,871
Loan principal paid down+$12,785
Rental cash flow+$12,000
10-year hold
+$124,526(248.9% ROI)
Projected value
$320,204
Return breakdown
Property appreciation+$70,061
Loan principal paid down+$30,465
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.29
1 BR
1.26
2 BR
1.07
3 BR
1.09
4 BR
0.99
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 20886 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 20886 (Montgomery Village, MD) is $2,240 a month. That is up 7.7% from $2,080 in FY 2026. Montgomery Village 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, 20886 has the 67th-highest two-bedroom rent (county range $1,200–$3,660). The median county two-bedroom FMR in Maryland is $1,875, so ZIP 20886 is 19% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 20886
BedroomsFY 2027Change90–110% range
Studio$1,940+7.2%$1,746–$2,134
1BR$2,030+8.6%$1,827–$2,233
2BR$2,240+7.7%$2,016–$2,464
3BR$2,850+8.4%$2,565–$3,135
4BR$3,360+8.7%$3,024–$3,696

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 20886
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,940$2,030$2,240$2,850$3,360
FY 2026$1,810$1,870$2,080$2,630$3,090
FY 2025$1,870$1,910$2,150$2,690$3,170
FY 2024$1,660$1,690$1,920$2,390$2,830
FY 2023$1,490$1,510$1,720$2,150$2,570

Two-bedroom rent in nearby Montgomery County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 20886
20878$2,670+19.2%
20879$2,320+3.6%
20880$2,520+12.5%
20882$2,030−9.4%
20883$2,470+10.3%
20884$2,470+10.3%
20885$2,470+10.3%
20886Current$2,240—
20889$2,980+33.0%
20891$2,470+10.3%
20892$2,470+10.3%
20894$2,470+10.3%

Questions about ZIP 20886 rents

How much will Section 8 pay for a two-bedroom in ZIP 20886?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,240, that basic range is $2,016 to $2,464 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 20886 in?

ZIP 20886 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 20886 for FY 2027?

The two-bedroom FMR rose 7.7%, from $2,080 in FY 2026 to $2,240 in FY 2027. Since FY 2023 it has risen 30.2%.

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 rentMontgomery Village, MD fair market rentMD statewide rentsWhat is SAFMR?Data sources