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Wicomico County/Powellville/21852

21852

ZIPFMR
Wicomico County, MD
Zillow
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ZIP Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$1,095$1,130
1 BR$1,102$1,190
2 BR$1,428$1,470
3 BR$1,870$1,850
4 BR$1,877$2,060
5 BR$2,159Not available
6 BR$2,482Not available
7 BR$2,855Not available
8 BR$3,283Not available

Purchase Price Calculator

Maximum purchase price
$156,525

Cost breakdown

+Likely effective rent$1,470
HUD FMR$1,428
Market rent$1,500
Est. payment standard (103%)Used$1,470
-Principal and interest-$791
Loan amount$125,220
Down payment$31,305
Rate6.50%
Term30 years
-Operating costs-$479
Property taxes-$157
Insurance-$175
Utilities$0
HOA$0
Management-$147
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$23,722(75.8% ROI)
Projected value
$168,560
Return breakdown
Property appreciation+$12,035
Loan principal paid down+$4,486
Rental cash flow+$7,200
5-year hold
+$40,569(129.6% ROI)
Projected value
$177,094
Return breakdown
Property appreciation+$20,569
Loan principal paid down+$8,000
Rental cash flow+$12,000
10-year hold
+$86,904(277.6% ROI)
Projected value
$200,365
Return breakdown
Property appreciation+$43,840
Loan principal paid down+$19,063
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.95
1 BR
0.90
2 BR
0.95
3 BR
1.01
4 BR
0.80
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
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Mortgage rate
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ZIP 21852 fair market rent, FY 2027

For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in ZIP 21852 (Powellville, MD) is $1,428 a month. That is up 3.6% from $1,378 in FY 2026. Powellville is in the Salisbury, MD HUD Metro FMR Area. The median county two-bedroom FMR in Maryland is $1,875, so ZIP 21852 is 24% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 21852
BedroomsFY 2027Change90–110% range
Studio$1,095+3.9%$986–$1,205
1BR$1,102+3.9%$992–$1,212
2BR$1,428+3.6%$1,285–$1,571
3BR$1,870+2.9%$1,683–$2,057
4BR$1,877+2.8%$1,689–$2,065

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 21852
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,095$1,102$1,428$1,870$1,877
FY 2026$1,054$1,061$1,378$1,818$1,825
FY 2025$1,129$1,136$1,491$1,969$1,977
FY 2024$991$998$1,311$1,739$1,746
FY 2023$856$861$1,134$1,506$1,635

Questions about ZIP 21852 rents

How much will Section 8 pay for a two-bedroom in ZIP 21852?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,428, that basic range is $1,285 to $1,571 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 21852 in?

ZIP 21852 is in the Salisbury, MD HUD Metro FMR Area. Small Area FMRs are not mandatory in this area.

How much did fair market rent change in ZIP 21852 for FY 2027?

The two-bedroom FMR rose 3.6%, from $1,378 in FY 2026 to $1,428 in FY 2027. Since FY 2023 it has risen 25.9%.

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 Fair Market Rents. 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 rentPowellville, MD fair market rentMD statewide rentsWhat is SAFMR?Data sources