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20913

ZIPSAFMR
Montgomery County, MD
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ZIP Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$2,140$1,620
1 BR$2,230$1,880
2 BR$2,470$2,640
3 BR$3,150$3,400
4 BR$3,710$3,940
5 BR$4,267Not available
6 BR$4,906Not available
7 BR$5,642Not available
8 BR$6,489Not available

Purchase Price Calculator

Maximum purchase price
$330,386

Cost breakdown

+Likely effective rent$2,640
HUD FMR$2,470
Market rent$2,730
Est. payment standard (107%)Used$2,640
-Principal and interest-$1,671
Loan amount$264,309
Down payment$66,077
Rate6.50%
Term30 years
-Operating costs-$769
Property taxes-$330
Insurance-$175
Utilities$0
HOA$0
Management-$264
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$42,073(63.7% ROI)
Projected value
$355,790
Return breakdown
Property appreciation+$25,404
Loan principal paid down+$9,470
Rental cash flow+$7,200
5-year hold
+$72,302(109.4% ROI)
Projected value
$373,802
Return breakdown
Property appreciation+$43,415
Loan principal paid down+$16,887
Rental cash flow+$12,000
10-year hold
+$156,774(237.3% ROI)
Projected value
$422,923
Return breakdown
Property appreciation+$92,536
Loan principal paid down+$40,238
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.32
1 BR
1.19
2 BR
0.90
3 BR
0.89
4 BR
0.91
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
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Mortgage rate
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ZIP 20913 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 20913 (Takoma Park, MD) is $2,470 a month. That is up 8.3% from $2,280 in FY 2026. Takoma Park 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, 20913 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 20913 is 32% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 20913
BedroomsFY 2027Change90–110% range
Studio$2,140+8.1%$1,926–$2,354
1BR$2,230+8.8%$2,007–$2,453
2BR$2,470+8.3%$2,223–$2,717
3BR$3,150+9.4%$2,835–$3,465
4BR$3,710+9.8%$3,339–$4,081

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 20913
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,140$2,230$2,470$3,150$3,710
FY 2026$1,980$2,050$2,280$2,880$3,380
FY 2025$2,050$2,100$2,360$2,950$3,480
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. 20913
20904$2,310−6.5%
20905$2,410−2.4%
20906$2,390−3.2%
20907$2,4700.0%
20910$2,800+13.4%
20911$2,4700.0%
20912$2,090−15.4%
20913Current$2,470—
20914$2,4700.0%
20915$2,4700.0%
20916$2,4700.0%
20918$2,4700.0%

Questions about ZIP 20913 rents

How much will Section 8 pay for a two-bedroom in ZIP 20913?

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 20913 in?

ZIP 20913 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 20913 for FY 2027?

The two-bedroom FMR rose 8.3%, from $2,280 in FY 2026 to $2,470 in FY 2027. Since FY 2023 it has risen 30.0%.

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