21036
ZIPSAFMR
Howard County, MD
BRFMR
Eff. Rent
0 BR$2,060$1,820
1 BR$2,240$1,760
2 BR$2,690$2,580
3 BR$3,410$3,260
4 BR$3,830$3,820
5 BR$4,405
6 BR$5,065
7 BR$5,825
8 BR$6,699

Purchase Price Calculator

Maximum purchase price
$321,470

Cost breakdown

+Likely effective rent$2,580
HUD FMR$2,690
Market rentUsed$2,580
Est. payment standard (97%)$2,620
Market rent is below the inferred standard ($2,620, 97% of FMR).
-Principal and interest-$1,626
Loan amount$257,176
Down payment$64,294
Rate6.50%
Term30 years
-Operating costs-$754
Property taxes-$321
Insurance-$175
Utilities$0
HOA$0
Management-$258
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$41,132(64.0% ROI)
Projected value
$346,189
Current value$321,470
Return breakdown
Property appreciation+$24,718
Loan principal paid down+$9,214
Rental cash flow+$7,200
5-year hold
+$70,675(109.9% ROI)
Projected value
$363,714
Current value$321,470
Return breakdown
Property appreciation+$42,244
Loan principal paid down+$16,431
Rental cash flow+$12,000
10-year hold
+$153,191(238.3% ROI)
Projected value
$411,509
Current value$321,470
Return breakdown
Property appreciation+$90,039
Loan principal paid down+$39,152
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
1.13ratio
FMR$2,060
Market$1,820
vs market+$240

FMR is above market; underwrite to market rent.

90% standard$1,854 / 1.02 ratio110% standard$2,266 / 1.25 ratio
1.13
1 BR
1 BR
1.27ratio
FMR$2,240
Market$1,760
vs market+$480

FMR is above market; underwrite to market rent.

90% standard$2,016 / 1.15 ratio110% standard$2,464 / 1.40 ratio
1.27
2 BR
2 BR
1.04ratio
FMR$2,690
Market$2,580
vs market+$110

FMR is near market; voucher and private rents are aligned.

90% standard$2,421 / 0.94 ratio110% standard$2,959 / 1.15 ratio
1.04
3 BR
3 BR
1.05ratio
FMR$3,410
Market$3,260
vs market+$150

FMR is near market; voucher and private rents are aligned.

90% standard$3,069 / 0.94 ratio110% standard$3,751 / 1.15 ratio
1.05
4 BR
4 BR
1.00ratio
FMR$3,830
Market$3,820
vs market+$10

FMR is near market; voucher and private rents are aligned.

90% standard$3,447 / 0.90 ratio110% standard$4,213 / 1.10 ratio
1.00
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger unit sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 21036 (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.

21036 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 21036 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,690 and the 4 bedroom fair market rent is $3,830.

Use this page for searches like 21036 FMR, 21036 fair market rent, and 21036 Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for 21036
Bedroom sizeHUD FMR
Studio$2,060
1 bedroom$2,240
2 bedroom$2,690
3 bedroom$3,410
4 bedroom$3,830