Maryland · FIPS 24001 · HUD FY 2027
Allegany County, Maryland Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Allegany County is $1,014 a month (rent plus utilities), 52% below the Maryland average of $2,103 and 42% below the U.S. average of $1,761. That is up $41 (4.2%) from FY 2026. At 30% of income, a household needs about $40,560 a year to afford it.
- $1,0142-bedroom FMR+$41 (+4.2%) vs FY 2026
- $8881-bedroom FMRMaryland: $1,801 · U.S.: $1,478
- $40,560Income for a 2-bedroom$20/hour full-time
- 23 of 242BR rank in Maryland1 = highest rent
| Unit | Allegany County FY 2027 | FY 2026 | Change | Maryland avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $862 | $694 | +$168 (+24.2%) | $1,704 | $1,379 | $34,480 |
| 1 bedroom | $888 | $823 | +$65 (+7.9%) | $1,801 | $1,478 | $35,520 |
| 2 bedrooms | $1,014 | $973 | +$41 (+4.2%) | $2,103 | $1,761 | $40,560 |
| 3 bedrooms | $1,383 | $1,333 | +$50 (+3.8%) | $2,664 | $2,266 | $55,320 |
| 4 bedrooms | $1,468 | $1,452 | +$16 (+1.1%) | $3,052 | $2,607 | $58,720 |
How Allegany County compares
- Allegany County is a non-metro county, so HUD sets one Fair Market Rent for the whole county.
- Across Maryland, 2-bedroom FMRs run from $1,014 (Garrett County) to $2,438 (Charles County).
- Studio to 4-bedroom: $862, $888, $1,014, $1,383, $1,468. 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 13 ZIP codes mostly in Allegany County (by land area), the 2-bedroom figure ranges from $1,010 to $1,280.
Small Area FMRs by ZIP code in Allegany County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 21502 | $860 | $890 | $1,010 | $1,390 | $1,480 | no change | about the same as |
| 21524 | $840 | $870 | $1,010 | $1,380 | $1,490 | −$10 (−1.0%) | about the same as |
| 21529 | $810 | $870 | $1,020 | $1,400 | $1,530 | −$110 (−9.7%) | 1% above |
| 21530 | $990 | $1,080 | $1,280 | $1,760 | $1,910 | −$140 (−9.9%) | 26% above |
| 21532 | $930 | $960 | $1,100 | $1,490 | $1,570 | +$70 (+6.8%) | 8% above |
| 21540 | $800 | $850 | $1,010 | $1,360 | $1,400 | +$40 (+4.1%) | about the same as |
| 21542 | $860 | $890 | $1,010 | $1,390 | $1,480 | +$40 (+4.1%) | about the same as |
| 21543 | $860 | $890 | $1,010 | $1,390 | $1,480 | −$20 (−1.9%) | about the same as |
| 21545 | $860 | $890 | $1,010 | $1,390 | $1,480 | +$40 (+4.1%) | about the same as |
| 21555 | $930 | $950 | $1,090 | $1,490 | $1,580 | −$20 (−1.8%) | 7% above |
| 21557 | $820 | $860 | $1,010 | $1,360 | $1,470 | −$30 (−2.9%) | about the same as |
| 21560 | $870 | $890 | $1,020 | $1,390 | $1,480 | +$40 (+4.1%) | 1% above |
| 21766 | $860 | $890 | $1,010 | $1,390 | $1,480 | +$40 (+4.1%) | about the same as |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
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.