21044
ZIPSAFMR
Howard County, MD
BRFMR
Eff. Rent
0 BR$1,820$1,640
1 BR$2,020$1,850
2 BR$2,480$2,260
3 BR$3,150$2,510
4 BR$3,490$3,260
5 BR$4,013
6 BR$4,616
7 BR$5,308
8 BR$6,104

Purchase Price Calculator

Maximum purchase price
$273,919

Cost breakdown

+Likely effective rent$2,260
HUD FMR$2,480
Market rentUsed$2,260
Est. payment standard (94%)$2,340
Market rent is below the inferred standard ($2,340, 94% of FMR).
-Principal and interest-$1,385
Loan amount$219,135
Down payment$54,784
Rate6.50%
Term30 years
-Operating costs-$675
Property taxes-$274
Insurance-$175
Utilities$0
HOA$0
Management-$226
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$36,113(65.9% ROI)
Projected value
$294,980
Current value$273,919
Return breakdown
Property appreciation+$21,062
Loan principal paid down+$7,851
Rental cash flow+$7,200
5-year hold
+$61,996(113.2% ROI)
Projected value
$309,914
Current value$273,919
Return breakdown
Property appreciation+$35,995
Loan principal paid down+$14,001
Rental cash flow+$12,000
10-year hold
+$134,081(244.7% ROI)
Projected value
$350,639
Current value$273,919
Return breakdown
Property appreciation+$76,720
Loan principal paid down+$33,361
Rental cash flow+$24,000

Upgrade to access AI-powered research tools

Upgrade

Rolodex

Upgrade to access AI-powered research tools

Upgrade

Market Alignment

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

Studio
Studio
1.11ratio
FMR$1,820
Market$1,640
vs market+$180

FMR is above market; underwrite to market rent.

90% standard$1,638 / 1.00 ratio110% standard$2,002 / 1.22 ratio
1.11
1 BR
1 BR
1.09ratio
FMR$2,020
Market$1,850
vs market+$170

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

90% standard$1,818 / 0.98 ratio110% standard$2,222 / 1.20 ratio
1.09
2 BR
2 BR
1.10ratio
FMR$2,480
Market$2,260
vs market+$220

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

90% standard$2,232 / 0.99 ratio110% standard$2,728 / 1.21 ratio
1.10
3 BR
3 BR
1.25ratio
FMR$3,150
Market$2,510
vs market+$640

FMR is above market; underwrite to market rent.

90% standard$2,835 / 1.13 ratio110% standard$3,465 / 1.38 ratio
1.25
4 BR
4 BR
1.07ratio
FMR$3,490
Market$3,260
vs market+$230

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

90% standard$3,141 / 0.96 ratio110% standard$3,839 / 1.18 ratio
1.07
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 21044 (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.

21044 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 21044 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,480 and the 4 bedroom fair market rent is $3,490.

Use this page for searches like 21044 FMR, 21044 fair market rent, and 21044 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 21044
Bedroom sizeHUD FMR
Studio$1,820
1 bedroom$2,020
2 bedroom$2,480
3 bedroom$3,150
4 bedroom$3,490