20903
ZIPSAFMR
Montgomery County, MD
BRFMR
Eff. Rent
0 BR$1,860$1,340
1 BR$1,920$1,690
2 BR$2,140$2,140
3 BR$2,700$2,700
4 BR$3,170$3,170
5 BR$3,645
6 BR$4,192
7 BR$4,821
8 BR$5,544

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio
1.39ratio
FMR$1,860
Market$1,340
vs market+$520

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.39
1 BR
1 BR
1.14ratio
FMR$1,920
Market$1,690
vs market+$230

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.14
2 BR
2 BR
0.98ratio
FMR$2,140
Market$2,190
vs market-$50

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

0.98
3 BR
3 BR
0.96ratio
FMR$2,700
Market$2,820
vs market-$120

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

0.96
4 BR
4 BR
0.96ratio
FMR$3,170
Market$3,300
vs market-$130

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

0.96
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger unit sizes.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

Purchase Price Calculator

Maximum purchase price
$256,087
Rent
$2,140
Down payment
$51,217
Loan
$204,869
Mortgage
$1,295
Expenses
$645
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 20903 (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.