21721
ZIPFMR
Washington County, MD
BRFMR
Eff. Rent
0 BR$869$950
1 BR$961$1,060
2 BR$1,261$1,390
3 BR$1,700$1,860
4 BR$1,901$2,090
5 BR$2,186
6 BR$2,514
7 BR$2,891
8 BR$3,325

Purchase Price Calculator

Maximum purchase price
$144,637

Cost breakdown

+Likely effective rent$1,390
HUD FMR$1,261
Market rent$1,540
Est. payment standard (110%)Used$1,390
Estimated payment standard is $1,390 (110% of FMR).
-Principal and interest-$731
Loan amount$115,710
Down payment$28,927
Rate6.50%
Term30 years
-Operating costs-$459
Property taxes-$145
Insurance-$175
Utilities$0
HOA$0
Management-$139
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$22,467(77.7% ROI)
Projected value
$155,758
Current value$144,637
Return breakdown
Property appreciation+$11,121
Loan principal paid down+$4,146
Rental cash flow+$7,200
5-year hold
+$38,399(132.7% ROI)
Projected value
$163,643
Current value$144,637
Return breakdown
Property appreciation+$19,006
Loan principal paid down+$7,393
Rental cash flow+$12,000
10-year hold
+$82,126(283.9% ROI)
Projected value
$185,148
Current value$144,637
Return breakdown
Property appreciation+$40,511
Loan principal paid down+$17,615
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
0.88ratio
FMR$869
Market$990
vs market-$121

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

90% standard$782 / 0.79 ratio110% standard$956 / 0.97 ratio
0.88
1 BR
1 BR
0.78ratio
FMR$961
Market$1,240
vs market-$279

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

90% standard$865 / 0.70 ratio110% standard$1,057 / 0.85 ratio
0.78
2 BR
2 BR
0.82ratio
FMR$1,261
Market$1,540
vs market-$279

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

90% standard$1,135 / 0.74 ratio110% standard$1,387 / 0.90 ratio
0.82
3 BR
3 BR
0.88ratio
FMR$1,700
Market$1,940
vs market-$240

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

90% standard$1,530 / 0.79 ratio110% standard$1,870 / 0.96 ratio
0.88
4 BR
4 BR
0.82ratio
FMR$1,901
Market$2,310
vs market-$409

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

90% standard$1,711 / 0.74 ratio110% standard$2,091 / 0.91 ratio
0.82
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for 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 21721 (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 FMR 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.

21721 fair market rent and Section 8 rent limits

The FY 2026 HUD Fair Market Rent (FMR) page for 21721 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,261 and the 4 bedroom fair market rent is $1,901.

Use this page for searches like 21721 FMR, 21721 fair market rent, and 21721 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 21721
Bedroom sizeHUD FMR
Studio$869
1 bedroom$961
2 bedroom$1,261
3 bedroom$1,700
4 bedroom$1,901