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Montgomery County/Kensington/20895

20895

ZIPSAFMR
Montgomery County, MD
Zillow

ZIP Investment Score

74Below average

095130300
BRFMR
Eff. Rent
0 BR$2,180$1,920
1 BR$2,280$2,260
2 BR$2,520$2,590
3 BR$3,210$3,240
4 BR$3,780$3,810
5 BR$4,347Not available
6 BR$4,999Not available
7 BR$5,749Not available
8 BR$6,611Not available

Purchase Price Calculator

Maximum purchase price
$322,956

Cost breakdown

+Likely effective rent$2,590
HUD FMR$2,520
Market rent$2,620
Est. payment standard (103%)Used$2,590
-Principal and interest-$1,633
Loan amount$258,365
Down payment$64,591
Rate6.50%
Term30 years
-Operating costs-$757
Property taxes-$323
Insurance-$175
Utilities$0
HOA$0
Management-$259
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$41,289(63.9% ROI)
Projected value
$347,789
Return breakdown
Property appreciation+$24,832
Loan principal paid down+$9,257
Rental cash flow+$7,200
5-year hold
+$70,946(109.8% ROI)
Projected value
$365,396
Return breakdown
Property appreciation+$42,439
Loan principal paid down+$16,507
Rental cash flow+$12,000
10-year hold
+$153,788(238.1% ROI)
Projected value
$413,412
Return breakdown
Property appreciation+$90,455
Loan principal paid down+$39,333
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.14
1 BR
1.01
2 BR
0.96
3 BR
0.99
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 20895 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 20895 (Kensington, MD) is $2,520 a month. That is up 7.2% from $2,350 in FY 2026. Kensington 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, 20895 is tied for the 25th-highest two-bedroom rent (county range $1,200–$3,660). The median county two-bedroom FMR in Maryland is $1,875, so ZIP 20895 is 34% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 20895
BedroomsFY 2027Change90–110% range
Studio$2,180+6.9%$1,962–$2,398
1BR$2,280+8.1%$2,052–$2,508
2BR$2,520+7.2%$2,268–$2,772
3BR$3,210+8.1%$2,889–$3,531
4BR$3,780+8.3%$3,402–$4,158

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 20895
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,180$2,280$2,520$3,210$3,780
FY 2026$2,040$2,110$2,350$2,970$3,490
FY 2025$2,080$2,120$2,390$2,990$3,530
FY 2024$1,820$1,850$2,100$2,610$3,100
FY 2023$1,640$1,670$1,900$2,380$2,830

Two-bedroom rent in nearby Montgomery County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 20895
20886$2,240−11.1%
20889$2,980+18.3%
20891$2,470−2.0%
20892$2,470−2.0%
20894$2,470−2.0%
20895Current$2,520—
20896$3,350+32.9%
20898$2,470−2.0%
20899$1,200−52.4%
20901$2,180−13.5%
20902$2,590+2.8%
20903$2,340−7.1%

Questions about ZIP 20895 rents

How much will Section 8 pay for a two-bedroom in ZIP 20895?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,520, that basic range is $2,268 to $2,772 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 20895 in?

ZIP 20895 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 20895 for FY 2027?

The two-bedroom FMR rose 7.2%, from $2,350 in FY 2026 to $2,520 in FY 2027. Since FY 2023 it has risen 32.6%.

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