21401
ZIPSAFMR
Anne Arundel County, MD
BRFMR
Eff. Rent
0 BR$1,820$1,720
1 BR$2,020$1,960
2 BR$2,480$2,410
3 BR$3,150$2,880
4 BR$3,490$3,660
5 BR$4,013
6 BR$4,616
7 BR$5,308
8 BR$6,104

Purchase Price Calculator

Maximum purchase price
$296,209

Cost breakdown

+Likely effective rent$2,410
HUD FMR$2,480
Market rentUsed$2,410
Est. payment standard (98%)$2,430
Market rent is below the inferred standard ($2,430, 98% of FMR).
-Principal and interest-$1,498
Loan amount$236,967
Down payment$59,242
Rate6.50%
Term30 years
-Operating costs-$712
Property taxes-$296
Insurance-$175
Utilities$0
HOA$0
Management-$241
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$38,466(64.9% ROI)
Projected value
$318,984
Current value$296,209
Return breakdown
Property appreciation+$22,776
Loan principal paid down+$8,490
Rental cash flow+$7,200
5-year hold
+$66,064(111.5% ROI)
Projected value
$335,133
Current value$296,209
Return breakdown
Property appreciation+$38,924
Loan principal paid down+$15,140
Rental cash flow+$12,000
10-year hold
+$143,039(241.4% ROI)
Projected value
$379,172
Current value$296,209
Return breakdown
Property appreciation+$82,963
Loan principal paid down+$36,076
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
1.06ratio
FMR$1,820
Market$1,720
vs market+$100

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

90% standard$1,638 / 0.95 ratio110% standard$2,002 / 1.16 ratio
1.06
1 BR
1 BR
1.03ratio
FMR$2,020
Market$1,960
vs market+$60

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

90% standard$1,818 / 0.93 ratio110% standard$2,222 / 1.13 ratio
1.03
2 BR
2 BR
1.03ratio
FMR$2,480
Market$2,410
vs market+$70

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

90% standard$2,232 / 0.93 ratio110% standard$2,728 / 1.13 ratio
1.03
3 BR
3 BR
1.09ratio
FMR$3,150
Market$2,880
vs market+$270

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

90% standard$2,835 / 0.98 ratio110% standard$3,465 / 1.20 ratio
1.09
4 BR
4 BR
0.93ratio
FMR$3,490
Market$3,750
vs market-$260

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

90% standard$3,141 / 0.84 ratio110% standard$3,839 / 1.02 ratio
0.93
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 21401 (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.

21401 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 21401 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 21401 FMR, 21401 fair market rent, and 21401 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 21401
Bedroom sizeHUD FMR
Studio$1,820
1 bedroom$2,020
2 bedroom$2,480
3 bedroom$3,150
4 bedroom$3,490