21802
ZIPSAFMR
Wicomico County, MD
BRFMR
Eff. Rent
0 BR$1,060$1,140
1 BR$1,060$1,170
2 BR$1,380$1,500
3 BR$1,820$1,860
4 BR$1,830$2,010
5 BR$2,105
6 BR$2,420
7 BR$2,783
8 BR$3,201

Purchase Price Calculator

Maximum purchase price
$160,983

Cost breakdown

+Likely effective rent$1,500
HUD FMR$1,380
Market rent$1,570
Est. payment standard (109%)Used$1,500
Estimated payment standard is $1,500 (109% of FMR).
-Principal and interest-$814
Loan amount$128,786
Down payment$32,197
Rate6.50%
Term30 years
-Operating costs-$486
Property taxes-$161
Insurance-$175
Utilities$0
HOA$0
Management-$150
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$24,192(75.1% ROI)
Projected value
$173,361
Current value$160,983
Return breakdown
Property appreciation+$12,378
Loan principal paid down+$4,614
Rental cash flow+$7,200
5-year hold
+$41,383(128.5% ROI)
Projected value
$182,137
Current value$160,983
Return breakdown
Property appreciation+$21,154
Loan principal paid down+$8,228
Rental cash flow+$12,000
10-year hold
+$88,695(275.5% ROI)
Projected value
$206,072
Current value$160,983
Return breakdown
Property appreciation+$45,089
Loan principal paid down+$19,606
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
0.90ratio
FMR$1,060
Market$1,180
vs market-$120

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

90% standard$954 / 0.81 ratio110% standard$1,166 / 0.99 ratio
0.90
1 BR
1 BR
0.83ratio
FMR$1,060
Market$1,280
vs market-$220

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

90% standard$954 / 0.75 ratio110% standard$1,166 / 0.91 ratio
0.83
2 BR
2 BR
0.88ratio
FMR$1,380
Market$1,570
vs market-$190

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

90% standard$1,242 / 0.79 ratio110% standard$1,518 / 0.97 ratio
0.88
3 BR
3 BR
0.97ratio
FMR$1,820
Market$1,880
vs market-$60

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

90% standard$1,638 / 0.87 ratio110% standard$2,002 / 1.06 ratio
0.97
4 BR
4 BR
0.84ratio
FMR$1,830
Market$2,180
vs market-$350

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

90% standard$1,647 / 0.76 ratio110% standard$2,013 / 0.92 ratio
0.84
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller 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 21802 (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.

21802 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 21802 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,380 and the 4 bedroom fair market rent is $1,830.

Use this page for searches like 21802 FMR, 21802 fair market rent, and 21802 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 21802
Bedroom sizeHUD FMR
Studio$1,060
1 bedroom$1,060
2 bedroom$1,380
3 bedroom$1,820
4 bedroom$1,830