21230
ZIPSAFMR
Baltimore County, MD
BRFMR
Eff. Rent
0 BR$1,580$1,130
1 BR$1,750$1,760
2 BR$2,150$2,030
3 BR$2,730$2,250
4 BR$3,020$1,910
5 BR$3,473
6 BR$3,994
7 BR$4,593
8 BR$5,282

Purchase Price Calculator

Maximum purchase price
$239,741

Cost breakdown

+Likely effective rent$2,030
HUD FMR$2,150
Market rentUsed$2,030
Est. payment standard (96%)$2,070
Market rent is below the inferred standard ($2,070, 96% of FMR).
-Principal and interest-$1,212
Loan amount$191,793
Down payment$47,948
Rate6.50%
Term30 years
-Operating costs-$618
Property taxes-$240
Insurance-$175
Utilities$0
HOA$0
Management-$203
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$32,505(67.8% ROI)
Projected value
$258,174
Current value$239,741
Return breakdown
Property appreciation+$18,434
Loan principal paid down+$6,871
Rental cash flow+$7,200
5-year hold
+$55,758(116.3% ROI)
Projected value
$271,245
Current value$239,741
Return breakdown
Property appreciation+$31,504
Loan principal paid down+$12,254
Rental cash flow+$12,000
10-year hold
+$120,346(251.0% ROI)
Projected value
$306,888
Current value$239,741
Return breakdown
Property appreciation+$67,148
Loan principal paid down+$29,198
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
1.40ratio
FMR$1,580
Market$1,130
vs market+$450

FMR is above market; underwrite to market rent.

90% standard$1,422 / 1.26 ratio110% standard$1,738 / 1.54 ratio
1.40
1 BR
1 BR
0.99ratio
FMR$1,750
Market$1,770
vs market-$20

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

90% standard$1,575 / 0.89 ratio110% standard$1,925 / 1.09 ratio
0.99
2 BR
2 BR
1.06ratio
FMR$2,150
Market$2,030
vs market+$120

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

90% standard$1,935 / 0.95 ratio110% standard$2,365 / 1.17 ratio
1.06
3 BR
3 BR
1.21ratio
FMR$2,730
Market$2,250
vs market+$480

FMR is above market; underwrite to market rent.

90% standard$2,457 / 1.09 ratio110% standard$3,003 / 1.33 ratio
1.21
4 BR
4 BR
1.58ratio
FMR$3,020
Market$1,910
vs market+$1,110

FMR is above market; underwrite to market rent.

1.58
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 21230 (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.

21230 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 21230 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,150 and the 4 bedroom fair market rent is $3,020.

Use this page for searches like 21230 FMR, 21230 fair market rent, and 21230 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 21230
Bedroom sizeHUD FMR
Studio$1,580
1 bedroom$1,750
2 bedroom$2,150
3 bedroom$2,730
4 bedroom$3,020