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Anne Arundel County/Arnold/21012

21012

ZIPSAFMR
Anne Arundel County, MD
Zillow

ZIP Investment Score

102Above average

095130300
BRFMR
Eff. Rent
0 BR$2,040$1,840
1 BR$2,170$1,990
2 BR$2,680$2,470
3 BR$3,350$2,930
4 BR$3,730$3,520
5 BR$4,290Not available
6 BR$4,933Not available
7 BR$5,673Not available
8 BR$6,524Not available

Purchase Price Calculator

Maximum purchase price
$305,124

Cost breakdown

+Likely effective rent$2,470
HUD FMR$2,680
Market rentUsed$2,470
Est. payment standard (95%)$2,540
-Principal and interest-$1,543
Loan amount$244,100
Down payment$61,025
Rate6.50%
Term30 years
-Operating costs-$727
Property taxes-$305
Insurance-$175
Utilities$0
HOA$0
Management-$247
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$39,407(64.6% ROI)
Projected value
$328,586
Return breakdown
Property appreciation+$23,461
Loan principal paid down+$8,745
Rental cash flow+$7,200
5-year hold
+$67,691(110.9% ROI)
Projected value
$345,220
Return breakdown
Property appreciation+$40,096
Loan principal paid down+$15,596
Rental cash flow+$12,000
10-year hold
+$146,622(240.3% ROI)
Projected value
$390,585
Return breakdown
Property appreciation+$85,461
Loan principal paid down+$37,161
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.11
1 BR
1.09
2 BR
1.09
3 BR
1.14
4 BR
1.06
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 21012 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 21012 (Arnold, MD) is $2,680 a month. That is up 7.6% from $2,490 in FY 2026. Arnold is in the Baltimore-Columbia-Towson, MD MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $2,006. Among 46 ZIP codes in Anne Arundel County, 21012 has the 17th-highest two-bedroom rent (county range $1,680–$3,010). The median county two-bedroom FMR in Maryland is $1,875, so ZIP 21012 is 43% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 21012
BedroomsFY 2027Change90–110% range
Studio$2,040+11.5%$1,836–$2,244
1BR$2,170+6.9%$1,953–$2,387
2BR$2,680+7.6%$2,412–$2,948
3BR$3,350+6.0%$3,015–$3,685
4BR$3,730+6.6%$3,357–$4,103

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 21012
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,040$2,170$2,680$3,350$3,730
FY 2026$1,830$2,030$2,490$3,160$3,500
FY 2025$1,910$2,170$2,660$3,420$3,820
FY 2024$1,900$2,180$2,680$3,470$3,930
FY 2023$1,520$1,770$2,180$2,830$3,240

Two-bedroom rent in nearby Anne Arundel County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 21012
21012Current$2,680—
21032$3,010+12.3%
21035$3,010+12.3%
21037$2,750+2.6%
21054$3,010+12.3%
21056$2,560−4.5%
21060$2,070−22.8%
21061$2,230−16.8%
21062$2,520−6.0%
21076$2,930+9.3%
21077$2,930+9.3%
21090$2,390−10.8%

Questions about ZIP 21012 rents

How much will Section 8 pay for a two-bedroom in ZIP 21012?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,006, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,805 to $2,207 a month; under the ZIP-level Small Area FMR of $2,680 it would be $2,412 to $2,948. 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 21012 in?

ZIP 21012 is in the Baltimore-Columbia-Towson, MD MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,006.

How much did fair market rent change in ZIP 21012 for FY 2027?

The two-bedroom FMR rose 7.6%, from $2,490 in FY 2026 to $2,680 in FY 2027. Since FY 2023 it has risen 22.9%.

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