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Worcester County/Whaleyville/21872

21872

ZIPSAFMR
Worcester County, MD
Zillow

ZIP Investment Score

85Below average

095130300
BRFMR
Eff. Rent
0 BR$1,210$1,210
1 BR$1,210$1,210
2 BR$1,510$1,510
3 BR$2,020$2,020
4 BR$2,240$2,240
5 BR$2,576Not available
6 BR$2,962Not available
7 BR$3,407Not available
8 BR$3,918Not available

Purchase Price Calculator

Maximum purchase price
$162,469

Cost breakdown

+Likely effective rent$1,510
HUD FMRUsed$1,510
Market rentN/A
Est. payment standardN/A
-Principal and interest-$822
Loan amount$129,975
Down payment$32,494
Rate6.50%
Term30 years
-Operating costs-$488
Property taxes-$162
Insurance-$175
Utilities$0
HOA$0
Management-$151
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$24,349(74.9% ROI)
Projected value
$174,961
Return breakdown
Property appreciation+$12,492
Loan principal paid down+$4,657
Rental cash flow+$7,200
5-year hold
+$41,654(128.2% ROI)
Projected value
$183,819
Return breakdown
Property appreciation+$21,350
Loan principal paid down+$8,304
Rental cash flow+$12,000
10-year hold
+$89,292(274.8% ROI)
Projected value
$207,974
Return breakdown
Property appreciation+$45,505
Loan principal paid down+$19,787
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
--
Tax rate
--
Mortgage rate
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ZIP 21872 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 21872 (Whaleyville, MD) is $1,510 a month. That is up 8.6% from $1,390 in FY 2026. Whaleyville is in the Worcester County, MD non-metropolitan FMR area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the county-wide two-bedroom FMR of $1,184. Among 13 ZIP codes in Worcester County, 21872 is tied for the 2nd-highest two-bedroom rent (county range $1,080–$1,590). The median county two-bedroom FMR in Maryland is $1,875, so ZIP 21872 is 19% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 21872
BedroomsFY 2027Change90–110% range
Studio$1,210+5.2%$1,089–$1,331
1BR$1,210+4.3%$1,089–$1,331
2BR$1,510+8.6%$1,359–$1,661
3BR$2,020+6.3%$1,818–$2,222
4BR$2,240+6.2%$2,016–$2,464

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 21872
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,210$1,210$1,510$2,020$2,240
FY 2026$1,150$1,160$1,390$1,900$2,110
FY 2025$1,190$1,220$1,430$1,960$2,100
FY 2024$1,060$1,100$1,340$1,810$2,010
FY 2023$910$950$1,200$1,620$1,890

Two-bedroom rent in nearby Worcester County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 21872
21811$1,430−5.3%
21813$1,460−3.3%
21822$1,310−13.2%
21829$1,080−28.5%
21841$1,590+5.3%
21842$1,240−17.9%
21843$1,180−21.9%
21851$1,080−28.5%
21862$1,430−5.3%
21863$1,080−28.5%
21864$1,080−28.5%
21872Current$1,510—

Questions about ZIP 21872 rents

How much will Section 8 pay for a two-bedroom in ZIP 21872?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,184, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,066 to $1,302 a month; under the ZIP-level Small Area FMR of $1,510 it would be $1,359 to $1,661. 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 21872 in?

ZIP 21872 is in the Worcester County, MD non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,184.

How much did fair market rent change in ZIP 21872 for FY 2027?

The two-bedroom FMR rose 8.6%, from $1,390 in FY 2026 to $1,510 in FY 2027. Since FY 2023 it has risen 25.8%.

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 rentWhaleyville, MD fair market rentMD statewide rentsWhat is SAFMR?Data sources