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Maryland · FIPS 24031 · HUD FY 2027

Montgomery County, Maryland Fair Market Rent

HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Montgomery County is $2,438 a month (rent plus utilities), 16% above the Maryland average of $2,103 and 38% above the U.S. average of $1,761. That is up $192 (8.5%) from FY 2026. At 30% of income, a household needs about $97,520 a year to afford it.

  • $2,4382-bedroom FMR+$192 (+8.5%) vs FY 2026
  • $2,2041-bedroom FMRMaryland: $1,801 · U.S.: $1,478
  • $97,520Income for a 2-bedroom$47/hour full-time
  • 1 of 242BR rank in Maryland1 = highest rent

Can you afford the Fair Market Rent here?

Uses the common 30%-of-gross-income guideline. Results update as you type and stay in your browser.

Default: the income a 2-bedroom here needs at 30%.

Rent you can afford at 30% of income$2,438/month
2-bedroom Fair Market Rent and the income it needs
AreaFair Market RentIncome neededShare of your income
Montgomery County FMR$2,438$97,520–
Maryland average$2,103$84,105–
U.S. average$1,761$70,432–
Montgomery County Fair Market Rents, FY 2027 vs FY 2026, with state and U.S. averages
UnitMontgomery County FY 2027FY 2026ChangeMaryland avgU.S. avgIncome needed
Studio$2,111$1,953+$158 (+8.1%)$1,704$1,379$84,440
1 bedroom$2,204$2,015+$189 (+9.4%)$1,801$1,478$88,160
2 bedrooms$2,438$2,246+$192 (+8.5%)$2,103$1,761$97,520
3 bedrooms$3,107$2,835+$272 (+9.6%)$2,664$2,266$124,280
4 bedrooms$3,658$3,332+$326 (+9.8%)$3,052$2,607$146,320

How Montgomery County compares

  • HUD sets this rent for the Washington-Arlington-Alexandria, DC-VA-MD metro FMR area, which covers 6,155,762 residents in 19 counties.
  • Across Maryland, 2-bedroom FMRs run from $1,014 (Garrett County) to $2,438 (Charles County).
  • Studio to 4-bedroom: $2,111, $2,204, $2,438, $3,107, $3,658. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
  • HUD also publishes ZIP-level Small Area FMRs. For the 48 ZIP codes mostly in Montgomery County (by land area), the 2-bedroom figure ranges from $1,200 to $3,660.

Small Area FMRs by ZIP code in Montgomery County

FY 2027 Small Area Fair Market Rents, ZIP codes in Montgomery County
ZIPStudio1BR2BR3BR4BR2BR vs FY 20262BR vs area FMR
20812$2,880$3,010$3,330$4,240$4,990+$250 (+8.1%)37% above
20814$2,620$2,730$3,020$3,850$4,530+$300 (+11.0%)24% above
20815$2,490$2,600$2,880$3,670$4,320+$200 (+7.5%)18% above
20816$2,810$2,930$3,240$4,130$4,860+$230 (+7.6%)33% above
20817$3,170$3,310$3,660$4,660$5,490+$290 (+8.6%)50% above
20818$3,170$3,310$3,660$4,660$5,490+$290 (+8.6%)50% above
20832$2,600$2,710$3,000$3,820$4,500+$290 (+10.7%)23% above
20833$2,230$2,330$2,580$3,290$3,870+$50 (+2.0%)6% above
20837$2,150$2,240$2,480$3,160$3,720+$210 (+9.3%)2% above
20838$1,830$1,910$2,110$2,700$3,170+$190 (+9.9%)13% below
20839$1,630$1,700$1,880$2,400$2,820+$50 (+2.7%)23% below
20841$2,860$2,980$3,300$4,210$4,950+$200 (+6.5%)35% above
20842$1,630$1,700$1,880$2,400$2,820+$190 (+11.2%)23% below
20850$2,590$2,700$2,990$3,810$4,490+$250 (+9.1%)23% above
20851$2,050$2,140$2,370$3,020$3,560+$170 (+7.7%)3% below
20852$2,670$2,780$3,080$3,930$4,620+$240 (+8.5%)26% above
20853$1,990$2,080$2,300$2,930$3,450+$30 (+1.3%)6% below
20854$3,170$3,310$3,660$4,660$5,490+$290 (+8.6%)50% above
20855$2,530$2,640$2,920$3,720$4,380+$220 (+8.1%)20% above
20860$2,240$2,340$2,590$3,300$3,890+$350 (+15.6%)6% above
20861$2,140$2,230$2,470$3,150$3,710+$340 (+16.0%)1% above
20862$2,140$2,230$2,470$3,150$3,710−$10 (−0.4%)1% above
20866$2,330$2,430$2,690$3,430$4,040+$230 (+9.3%)10% above
20868$2,160$2,250$2,490$3,170$3,740+$220 (+9.7%)2% above
20871$2,490$2,590$2,870$3,660$4,310+$260 (+10.0%)18% above
20872$1,840$1,920$2,120$2,700$3,180+$180 (+9.3%)13% below
20874$2,100$2,190$2,420$3,080$3,630+$200 (+9.0%)1% below
20876$2,200$2,300$2,540$3,240$3,810+$150 (+6.3%)4% above
20877$2,060$2,150$2,380$3,030$3,570+$180 (+8.2%)2% below
20878$2,310$2,410$2,670$3,400$4,010+$260 (+10.8%)10% above
20879$2,010$2,100$2,320$2,960$3,480+$160 (+7.4%)5% below
20880$2,180$2,280$2,520$3,210$3,780+$190 (+8.2%)3% above
20882$1,760$1,840$2,030$2,590$3,050−$190 (−8.6%)17% below
20886$1,940$2,030$2,240$2,850$3,360+$160 (+7.7%)8% below
20889$2,580$2,690$2,980$3,800$4,470+$270 (+10.0%)22% above
20892$2,140$2,230$2,470$3,150$3,710+$190 (+8.3%)1% above
20894$2,140$2,230$2,470$3,150$3,710+$190 (+8.3%)1% above
20895$2,180$2,280$2,520$3,210$3,780+$170 (+7.2%)3% above
20896$2,900$3,030$3,350$4,270$5,030+$270 (+8.8%)37% above
20899$1,040$1,080$1,200$1,530$1,800+$70 (+6.2%)51% below
20901$1,890$1,970$2,180$2,780$3,270+$160 (+7.9%)11% below
20902$2,240$2,340$2,590$3,300$3,890+$200 (+8.4%)6% above
20903$2,030$2,120$2,340$2,980$3,510+$200 (+9.3%)4% below
20904$2,000$2,090$2,310$2,940$3,470+$150 (+6.9%)5% below
20905$2,090$2,180$2,410$3,070$3,620+$210 (+9.5%)1% below
20906$2,070$2,160$2,390$3,050$3,590+$200 (+9.1%)2% below
20910$2,420$2,530$2,800$3,570$4,200+$220 (+8.5%)15% above
20912$1,810$1,890$2,090$2,660$3,140+$190 (+10.0%)14% below

Sources

Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.

All Maryland counties · How HUD sets these rents