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21773

ZIPSAFMR
Frederick County, MD

ZIP Investment Score

89Below average

095130300
BRFMR
Eff. Rent
0 BR$1,800$1,800
1 BR$1,880$1,880
2 BR$2,080$2,080
3 BR$2,650$2,650
4 BR$3,120$3,120
5 BR$3,588Not available
6 BR$4,126Not available
7 BR$4,745Not available
8 BR$5,457Not available

Purchase Price Calculator

Maximum purchase price
$247,171

Cost breakdown

+Likely effective rent$2,080
HUD FMRUsed$2,080
Market rentN/A
Est. payment standardN/A
-Principal and interest-$1,250
Loan amount$197,737
Down payment$49,434
Rate6.50%
Term30 years
-Operating costs-$630
Property taxes-$247
Insurance-$175
Utilities$0
HOA$0
Management-$208
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$33,290(67.3% ROI)
Projected value
$266,176
Return breakdown
Property appreciation+$19,005
Loan principal paid down+$7,084
Rental cash flow+$7,200
5-year hold
+$57,114(115.5% ROI)
Projected value
$279,651
Return breakdown
Property appreciation+$32,480
Loan principal paid down+$12,633
Rental cash flow+$12,000
10-year hold
+$123,332(249.5% ROI)
Projected value
$316,399
Return breakdown
Property appreciation+$69,229
Loan principal paid down+$30,103
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
--
Mortgage rate
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ZIP 21773 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 21773 (Myersville, MD) is $2,080 a month. That is up 10.1% from $1,890 in FY 2026. Myersville is in the Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 36 ZIP codes in Frederick County, 21773 is tied for the 11th-highest two-bedroom rent (county range $1,260–$3,140). The median county two-bedroom FMR in Maryland is $1,875, so ZIP 21773 is 11% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 21773
BedroomsFY 2027Change90–110% range
Studio$1,800+9.8%$1,620–$1,980
1BR$1,880+10.6%$1,692–$2,068
2BR$2,080+10.1%$1,872–$2,288
3BR$2,650+10.9%$2,385–$2,915
4BR$3,120+11.4%$2,808–$3,432

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 21773
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,800$1,880$2,080$2,650$3,120
FY 2026$1,640$1,700$1,890$2,390$2,800
FY 2025$1,740$1,780$2,000$2,500$2,950
FY 2024$1,440$1,460$1,660$2,070$2,450
FY 2023$1,240$1,260$1,430$1,790$2,130

Two-bedroom rent in nearby Frederick County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 21773
21762$1,760−15.4%
21769$1,950−6.2%
21770$2,550+22.6%
21771$2,580+24.0%
21773Current$2,080—
21774$2,960+42.3%
21776$1,560−25.0%
21777$1,820−12.5%
21778$1,420−31.7%
21780$1,520−26.9%
21783$1,260−39.4%
21787$1,260−39.4%

Questions about ZIP 21773 rents

How much will Section 8 pay for a two-bedroom in ZIP 21773?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,080, that basic range is $1,872 to $2,288 a month. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is ZIP 21773 in?

ZIP 21773 is in the Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

How much did fair market rent change in ZIP 21773 for FY 2027?

The two-bedroom FMR rose 10.1%, from $1,890 in FY 2026 to $2,080 in FY 2027. Since FY 2023 it has risen 45.5%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set