21123
ZIPSAFMR
Anne Arundel County, MD
BRFMR
Eff. Rent
0 BR$1,710$1,830
1 BR$1,900$2,000
2 BR$2,330$2,450
3 BR$2,960$2,920
4 BR$3,280$3,510
5 BR$3,772
6 BR$4,338
7 BR$4,988
8 BR$5,737

Purchase Price Calculator

Maximum purchase price
$302,153

Cost breakdown

+Likely effective rent$2,450
HUD FMR$2,330
Market rent$2,520
Est. payment standard (105%)Used$2,450
Estimated payment standard is $2,450 (105% of FMR).
-Principal and interest-$1,528
Loan amount$241,722
Down payment$60,431
Rate6.50%
Term30 years
-Operating costs-$722
Property taxes-$302
Insurance-$175
Utilities$0
HOA$0
Management-$245
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$39,093(64.7% ROI)
Projected value
$325,385
Current value$302,153
Return breakdown
Property appreciation+$23,233
Loan principal paid down+$8,660
Rental cash flow+$7,200
5-year hold
+$67,149(111.1% ROI)
Projected value
$341,858
Current value$302,153
Return breakdown
Property appreciation+$39,705
Loan principal paid down+$15,444
Rental cash flow+$12,000
10-year hold
+$145,428(240.7% ROI)
Projected value
$386,781
Current value$302,153
Return breakdown
Property appreciation+$84,628
Loan principal paid down+$36,799
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
0.90ratio
FMR$1,710
Market$1,900
vs market-$190

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

90% standard$1,539 / 0.81 ratio110% standard$1,881 / 0.99 ratio
0.90
1 BR
1 BR
0.93ratio
FMR$1,900
Market$2,050
vs market-$150

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

90% standard$1,710 / 0.83 ratio110% standard$2,090 / 1.02 ratio
0.93
2 BR
2 BR
0.92ratio
FMR$2,330
Market$2,520
vs market-$190

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

90% standard$2,097 / 0.83 ratio110% standard$2,563 / 1.02 ratio
0.92
3 BR
3 BR
1.01ratio
FMR$2,960
Market$2,920
vs market+$40

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

90% standard$2,664 / 0.91 ratio110% standard$3,256 / 1.12 ratio
1.01
4 BR
4 BR
0.90ratio
FMR$3,280
Market$3,630
vs market-$350

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

90% standard$2,952 / 0.81 ratio110% standard$3,608 / 0.99 ratio
0.90
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 21123 (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.

21123 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 21123 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,330 and the 4 bedroom fair market rent is $3,280.

Use this page for searches like 21123 FMR, 21123 fair market rent, and 21123 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 21123
Bedroom sizeHUD FMR
Studio$1,710
1 bedroom$1,900
2 bedroom$2,330
3 bedroom$2,960
4 bedroom$3,280