21037
ZIPSAFMR
Anne Arundel County, MD
BRFMR
Eff. Rent
0 BR$1,850$1,890
1 BR$2,050$2,050
2 BR$2,520$2,480
3 BR$3,200$2,950
4 BR$3,540$3,640
5 BR$4,071
6 BR$4,682
7 BR$5,384
8 BR$6,191

Purchase Price Calculator

Maximum purchase price
$306,610

Cost breakdown

+Likely effective rent$2,480
HUD FMR$2,520
Market rentUsed$2,480
Est. payment standard (99%)$2,490
Market rent is below the inferred standard ($2,490, 99% of FMR).
-Principal and interest-$1,550
Loan amount$245,288
Down payment$61,322
Rate6.50%
Term30 years
-Operating costs-$730
Property taxes-$307
Insurance-$175
Utilities$0
HOA$0
Management-$248
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$39,564(64.5% ROI)
Projected value
$330,186
Current value$306,610
Return breakdown
Property appreciation+$23,575
Loan principal paid down+$8,788
Rental cash flow+$7,200
5-year hold
+$67,963(110.8% ROI)
Projected value
$346,902
Current value$306,610
Return breakdown
Property appreciation+$40,291
Loan principal paid down+$15,672
Rental cash flow+$12,000
10-year hold
+$147,219(240.1% ROI)
Projected value
$392,487
Current value$306,610
Return breakdown
Property appreciation+$85,877
Loan principal paid down+$37,342
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
0.97ratio
FMR$1,850
Market$1,910
vs market-$60

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

90% standard$1,665 / 0.87 ratio110% standard$2,035 / 1.07 ratio
0.97
1 BR
1 BR
1.00ratio
FMR$2,050
Market$2,050
vs market+$0

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

90% standard$1,845 / 0.90 ratio110% standard$2,255 / 1.10 ratio
1.00
2 BR
2 BR
1.02ratio
FMR$2,520
Market$2,480
vs market+$40

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

90% standard$2,268 / 0.91 ratio110% standard$2,772 / 1.12 ratio
1.02
3 BR
3 BR
1.08ratio
FMR$3,200
Market$2,950
vs market+$250

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

90% standard$2,880 / 0.98 ratio110% standard$3,520 / 1.19 ratio
1.08
4 BR
4 BR
0.96ratio
FMR$3,540
Market$3,700
vs market-$160

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

90% standard$3,186 / 0.86 ratio110% standard$3,894 / 1.05 ratio
0.96
0.700.800.901.001.101.201.30aligned range

Voucher rents are well-aligned with market rents across all bedroom 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 21037 (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.

21037 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 21037 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,520 and the 4 bedroom fair market rent is $3,540.

Use this page for searches like 21037 FMR, 21037 fair market rent, and 21037 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 21037
Bedroom sizeHUD FMR
Studio$1,850
1 bedroom$2,050
2 bedroom$2,520
3 bedroom$3,200
4 bedroom$3,540