Skip to main content
Loading page
Cecil County/Childs/21916

21916

ZIPFMR
Cecil County, MD
Zillow
Loading Investment Score

ZIP Investment Score

-- 

095130300
BRFMR
Eff. Rent
0 BR$1,438$1,480
1 BR$1,558$1,530
2 BR$1,860$1,670
3 BR$2,216$2,060
4 BR$2,445$2,520
5 BR$2,812Not available
6 BR$3,234Not available
7 BR$3,719Not available
8 BR$4,276Not available

Purchase Price Calculator

Maximum purchase price
$186,245

Cost breakdown

+Likely effective rent$1,670
HUD FMR$1,860
Market rentUsed$1,670
Est. payment standard (93%)$1,740
-Principal and interest-$942
Loan amount$148,996
Down payment$37,249
Rate6.50%
Term30 years
-Operating costs-$528
Property taxes-$186
Insurance-$175
Utilities$0
HOA$0
Management-$167
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$26,859(72.1% ROI)
Projected value
$200,565
Return breakdown
Property appreciation+$14,320
Loan principal paid down+$5,338
Rental cash flow+$7,200
5-year hold
+$45,993(123.5% ROI)
Projected value
$210,719
Return breakdown
Property appreciation+$24,474
Loan principal paid down+$9,519
Rental cash flow+$12,000
10-year hold
+$98,847(265.4% ROI)
Projected value
$238,409
Return breakdown
Property appreciation+$52,164
Loan principal paid down+$22,683
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

Market Alignment

Studio
0.96
1 BR
1.02
2 BR
1.11
3 BR
1.08
4 BR
0.96
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 21916 fair market rent, FY 2027

For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in ZIP 21916 (Childs, MD) is $1,860 a month. That is up 2.8% from $1,810 in FY 2026. Childs is in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 21916
BedroomsFY 2027Change90–110% range
Studio$1,438+2.9%$1,294–$1,582
1BR$1,558+2.5%$1,402–$1,714
2BR$1,860+2.8%$1,674–$2,046
3BR$2,216+2.1%$1,994–$2,438
4BR$2,445+0.9%$2,201–$2,690

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 21916
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,438$1,558$1,860$2,216$2,445
FY 2026$1,397$1,520$1,810$2,170$2,423
FY 2025SAFMR$1,340$1,480$1,760$2,120$2,410
FY 2024SAFMR$1,280$1,420$1,700$2,060$2,370
FY 2023SAFMR$1,070$1,200$1,450$1,760$2,050

Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.

Questions about ZIP 21916 rents

How much will Section 8 pay for a two-bedroom in ZIP 21916?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,860, that basic range is $1,674 to $2,046 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 21916 in?

ZIP 21916 is in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA. 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 21916 for FY 2027?

The two-bedroom FMR rose 2.8%, from $1,810 in FY 2026 to $1,860 in FY 2027.

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