21046
ZIPSAFMR
Howard County, MD
BRFMR
Eff. Rent
0 BR$1,830$1,470
1 BR$2,030$1,610
2 BR$2,490$2,360
3 BR$3,160$2,840
4 BR$3,500$3,270
5 BR$4,025
6 BR$4,629
7 BR$5,323
8 BR$6,122

Purchase Price Calculator

Maximum purchase price
$288,779

Cost breakdown

+Likely effective rent$2,360
HUD FMR$2,490
Market rentUsed$2,360
Est. payment standard (97%)$2,410
Market rent is below the inferred standard ($2,410, 97% of FMR).
-Principal and interest-$1,460
Loan amount$231,023
Down payment$57,756
Rate6.50%
Term30 years
-Operating costs-$700
Property taxes-$289
Insurance-$175
Utilities$0
HOA$0
Management-$236
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$37,681(65.2% ROI)
Projected value
$310,983
Current value$288,779
Return breakdown
Property appreciation+$22,204
Loan principal paid down+$8,277
Rental cash flow+$7,200
5-year hold
+$64,708(112.0% ROI)
Projected value
$326,726
Current value$288,779
Return breakdown
Property appreciation+$37,948
Loan principal paid down+$14,760
Rental cash flow+$12,000
10-year hold
+$140,053(242.5% ROI)
Projected value
$369,661
Current value$288,779
Return breakdown
Property appreciation+$80,882
Loan principal paid down+$35,171
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
1.24ratio
FMR$1,830
Market$1,470
vs market+$360

FMR is above market; underwrite to market rent.

90% standard$1,647 / 1.12 ratio110% standard$2,013 / 1.37 ratio
1.24
1 BR
1 BR
1.26ratio
FMR$2,030
Market$1,610
vs market+$420

FMR is above market; underwrite to market rent.

90% standard$1,827 / 1.13 ratio110% standard$2,233 / 1.39 ratio
1.26
2 BR
2 BR
1.06ratio
FMR$2,490
Market$2,360
vs market+$130

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

90% standard$2,241 / 0.95 ratio110% standard$2,739 / 1.16 ratio
1.06
3 BR
3 BR
1.11ratio
FMR$3,160
Market$2,840
vs market+$320

FMR is above market; underwrite to market rent.

90% standard$2,844 / 1.00 ratio110% standard$3,476 / 1.22 ratio
1.11
4 BR
4 BR
1.07ratio
FMR$3,500
Market$3,270
vs market+$230

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

90% standard$3,150 / 0.96 ratio110% standard$3,850 / 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 21046 (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.

21046 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 21046 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,490 and the 4 bedroom fair market rent is $3,500.

Use this page for searches like 21046 FMR, 21046 fair market rent, and 21046 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 21046
Bedroom sizeHUD FMR
Studio$1,830
1 bedroom$2,030
2 bedroom$2,490
3 bedroom$3,160
4 bedroom$3,500