21794
ZIPSAFMR
Howard County, MD
BRFMR
Eff. Rent
0 BR$1,720$1,890
1 BR$1,910$2,100
2 BR$2,350$2,590
3 BR$2,980$3,210
4 BR$3,300$3,620
5 BR$3,795
6 BR$4,364
7 BR$5,019
8 BR$5,772

Purchase Price Calculator

Maximum purchase price
$322,956

Cost breakdown

+Likely effective rent$2,590
HUD FMR$2,350
Market rent$2,770
Est. payment standard (110%)Used$2,590
Estimated payment standard is $2,590 (110% of FMR).
-Principal and interest-$1,633
Loan amount$258,365
Down payment$64,591
Rate6.50%
Term30 years
-Operating costs-$757
Property taxes-$323
Insurance-$175
Utilities$0
HOA$0
Management-$259
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$41,289(63.9% ROI)
Projected value
$347,789
Current value$322,956
Return breakdown
Property appreciation+$24,832
Loan principal paid down+$9,257
Rental cash flow+$7,200
5-year hold
+$70,946(109.8% ROI)
Projected value
$365,396
Current value$322,956
Return breakdown
Property appreciation+$42,439
Loan principal paid down+$16,507
Rental cash flow+$12,000
10-year hold
+$153,788(238.1% ROI)
Projected value
$413,412
Current value$322,956
Return breakdown
Property appreciation+$90,455
Loan principal paid down+$39,333
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
0.76ratio
FMR$1,720
Market$2,250
vs market-$530

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

90% standard$1,548 / 0.69 ratio110% standard$1,892 / 0.84 ratio
0.76
1 BR
1 BR
0.84ratio
FMR$1,910
Market$2,270
vs market-$360

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

90% standard$1,719 / 0.76 ratio110% standard$2,101 / 0.93 ratio
0.84
2 BR
2 BR
0.85ratio
FMR$2,350
Market$2,770
vs market-$420

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

90% standard$2,115 / 0.76 ratio110% standard$2,585 / 0.93 ratio
0.85
3 BR
3 BR
0.89ratio
FMR$2,980
Market$3,330
vs market-$350

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

90% standard$2,682 / 0.81 ratio110% standard$3,278 / 0.98 ratio
0.89
4 BR
4 BR
0.87ratio
FMR$3,300
Market$3,790
vs market-$490

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

90% standard$2,970 / 0.78 ratio110% standard$3,630 / 0.96 ratio
0.87
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 21794 (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.

21794 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 21794 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,350 and the 4 bedroom fair market rent is $3,300.

Use this page for searches like 21794 FMR, 21794 fair market rent, and 21794 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 21794
Bedroom sizeHUD FMR
Studio$1,720
1 bedroom$1,910
2 bedroom$2,350
3 bedroom$2,980
4 bedroom$3,300