21244
ZIPSAFMR
Baltimore County, MD
BRFMR
Eff. Rent
0 BR$1,370$1,370
1 BR$1,520$1,490
2 BR$1,870$1,950
3 BR$2,370$2,560
4 BR$2,630$2,890
5 BR$3,024
6 BR$3,478
7 BR$4,000
8 BR$4,600

Purchase Price Calculator

Maximum purchase price
$227,853

Cost breakdown

+Likely effective rent$1,950
HUD FMR$1,870
Market rent$1,990
Est. payment standard (104%)Used$1,950
Estimated payment standard is $1,950 (104% of FMR).
-Principal and interest-$1,152
Loan amount$182,282
Down payment$45,571
Rate6.50%
Term30 years
-Operating costs-$598
Property taxes-$228
Insurance-$175
Utilities$0
HOA$0
Management-$195
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$31,250(68.6% ROI)
Projected value
$245,372
Current value$227,853
Return breakdown
Property appreciation+$17,520
Loan principal paid down+$6,531
Rental cash flow+$7,200
5-year hold
+$53,588(117.6% ROI)
Projected value
$257,794
Current value$227,853
Return breakdown
Property appreciation+$29,942
Loan principal paid down+$11,646
Rental cash flow+$12,000
10-year hold
+$115,568(253.6% ROI)
Projected value
$291,671
Current value$227,853
Return breakdown
Property appreciation+$63,818
Loan principal paid down+$27,750
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
1.00ratio
FMR$1,370
Market$1,370
vs market+$0

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

90% standard$1,233 / 0.90 ratio110% standard$1,507 / 1.10 ratio
1.00
1 BR
1 BR
1.02ratio
FMR$1,520
Market$1,490
vs market+$30

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

90% standard$1,368 / 0.92 ratio110% standard$1,672 / 1.12 ratio
1.02
2 BR
2 BR
0.94ratio
FMR$1,870
Market$1,990
vs market-$120

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

90% standard$1,683 / 0.85 ratio110% standard$2,057 / 1.03 ratio
0.94
3 BR
3 BR
0.89ratio
FMR$2,370
Market$2,660
vs market-$290

FMR is below market; voucher rent may lag private rents.

90% standard$2,133 / 0.80 ratio110% standard$2,607 / 0.98 ratio
0.89
4 BR
4 BR
0.85ratio
FMR$2,630
Market$3,090
vs market-$460

FMR is below market; voucher rent may lag private rents.

90% standard$2,367 / 0.77 ratio110% standard$2,893 / 0.94 ratio
0.85
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller 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 21244 (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.

21244 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 21244 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,870 and the 4 bedroom fair market rent is $2,630.

Use this page for searches like 21244 FMR, 21244 fair market rent, and 21244 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 21244
Bedroom sizeHUD FMR
Studio$1,370
1 bedroom$1,520
2 bedroom$1,870
3 bedroom$2,370
4 bedroom$2,630