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Frederick County/Point of Rocks/21777

21777

ZIPSAFMR
Frederick County, MD
Zillow

ZIP Investment Score

99Above average

095130300
BRFMR
Eff. Rent
0 BR$1,580$1,740
1 BR$1,650$1,820
2 BR$1,820$2,000
3 BR$2,320$2,550
4 BR$2,740$3,010
5 BR$3,151Not available
6 BR$3,624Not available
7 BR$4,167Not available
8 BR$4,792Not available

Purchase Price Calculator

Maximum purchase price
$235,283

Cost breakdown

+Likely effective rent$2,000
HUD FMR$1,820
Market rent$2,640
Est. payment standard (110%)Used$2,000
-Principal and interest-$1,190
Loan amount$188,226
Down payment$47,057
Rate6.50%
Term30 years
-Operating costs-$610
Property taxes-$235
Insurance-$175
Utilities$0
HOA$0
Management-$200
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$32,035(68.1% ROI)
Projected value
$253,374
Return breakdown
Property appreciation+$18,091
Loan principal paid down+$6,744
Rental cash flow+$7,200
5-year hold
+$54,944(116.8% ROI)
Projected value
$266,201
Return breakdown
Property appreciation+$30,918
Loan principal paid down+$12,026
Rental cash flow+$12,000
10-year hold
+$118,554(251.9% ROI)
Projected value
$301,182
Return breakdown
Property appreciation+$65,899
Loan principal paid down+$28,655
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.69
1 BR
0.69
2 BR
0.69
3 BR
0.82
4 BR
0.85
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 21777 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 21777 (Point of Rocks, MD) is $1,820 a month. That is down 4.7% from $1,910 in FY 2026. Point of Rocks 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, 21777 has the 20th-highest two-bedroom rent (county range $1,260–$3,140). The median county two-bedroom FMR in Maryland is $1,875, so ZIP 21777 is 3% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 21777
BedroomsFY 2027Change90–110% range
Studio$1,580−4.8%$1,422–$1,738
1BR$1,650−3.5%$1,485–$1,815
2BR$1,820−4.7%$1,638–$2,002
3BR$2,320−3.7%$2,088–$2,552
4BR$2,740−3.2%$2,466–$3,014

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 21777
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,580$1,650$1,820$2,320$2,740
FY 2026$1,660$1,710$1,910$2,410$2,830
FY 2025$1,700$1,730$1,950$2,440$2,880
FY 2024$1,600$1,630$1,850$2,300$2,730
FY 2023$1,430$1,460$1,660$2,070$2,470

Two-bedroom rent in nearby Frederick County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 21777
21769$1,950+7.1%
21770$2,550+40.1%
21771$2,580+41.8%
21773$2,080+14.3%
21774$2,960+62.6%
21776$1,560−14.3%
21777Current$1,820—
21778$1,420−22.0%
21780$1,520−16.5%
21783$1,260−30.8%
21787$1,260−30.8%
21788$1,280−29.7%

Questions about ZIP 21777 rents

How much will Section 8 pay for a two-bedroom in ZIP 21777?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,820, that basic range is $1,638 to $2,002 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 21777 in?

ZIP 21777 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 21777 for FY 2027?

The two-bedroom FMR fell 4.7%, from $1,910 in FY 2026 to $1,820 in FY 2027. Since FY 2023 it has risen 9.6%.

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

County fair market rentPoint of Rocks, MD fair market rentMD statewide rentsWhat is SAFMR?Data sources