21409
ZIPSAFMR
Anne Arundel County, MD
BRFMR
Eff. Rent
0 BR$1,920$1,730
1 BR$2,130$1,850
2 BR$2,620$2,620
3 BR$3,330$2,820
4 BR$3,700$3,560
5 BR$4,255
6 BR$4,893
7 BR$5,627
8 BR$6,471

Purchase Price Calculator

Maximum purchase price
$327,414

Cost breakdown

+Likely effective rent$2,620
HUD FMR$2,620
Market rent$2,620
Est. payment standard (100%)Used$2,620
Estimated payment standard is $2,620 (100% of FMR).
-Principal and interest-$1,656
Loan amount$261,932
Down payment$65,483
Rate6.50%
Term30 years
-Operating costs-$764
Property taxes-$327
Insurance-$175
Utilities$0
HOA$0
Management-$262
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$41,759(63.8% ROI)
Projected value
$352,590
Current value$327,414
Return breakdown
Property appreciation+$25,175
Loan principal paid down+$9,384
Rental cash flow+$7,200
5-year hold
+$71,760(109.6% ROI)
Projected value
$370,439
Current value$327,414
Return breakdown
Property appreciation+$43,025
Loan principal paid down+$16,735
Rental cash flow+$12,000
10-year hold
+$155,580(237.6% ROI)
Projected value
$419,118
Current value$327,414
Return breakdown
Property appreciation+$91,704
Loan principal paid down+$39,876
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
1.11ratio
FMR$1,920
Market$1,730
vs market+$190

FMR is above market; underwrite to market rent.

90% standard$1,728 / 1.00 ratio110% standard$2,112 / 1.22 ratio
1.11
1 BR
1 BR
1.15ratio
FMR$2,130
Market$1,850
vs market+$280

FMR is above market; underwrite to market rent.

90% standard$1,917 / 1.04 ratio110% standard$2,343 / 1.27 ratio
1.15
2 BR
2 BR
1.00ratio
FMR$2,620
Market$2,620
vs market+$0

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

90% standard$2,358 / 0.90 ratio110% standard$2,882 / 1.10 ratio
1.00
3 BR
3 BR
1.18ratio
FMR$3,330
Market$2,820
vs market+$510

FMR is above market; underwrite to market rent.

90% standard$2,997 / 1.06 ratio110% standard$3,663 / 1.30 ratio
1.18
4 BR
4 BR
1.04ratio
FMR$3,700
Market$3,560
vs market+$140

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

90% standard$3,330 / 0.94 ratio110% standard$4,070 / 1.14 ratio
1.04
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 21409 (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.

21409 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 21409 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,620 and the 4 bedroom fair market rent is $3,700.

Use this page for searches like 21409 FMR, 21409 fair market rent, and 21409 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 21409
Bedroom sizeHUD FMR
Studio$1,920
1 bedroom$2,130
2 bedroom$2,620
3 bedroom$3,330
4 bedroom$3,700