Skip to content
FMRbyZIP
Menu
Maryland · FIPS 24027 · HUD FY 2027

Howard County, Maryland Fair Market Rent

HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Howard County is $2,006 a month (rent plus utilities), 5% below the Maryland average of $2,103 and 14% above the U.S. average of $1,761. That is up $149 (8.0%) from FY 2026. At 30% of income, a household needs about $80,240 a year to afford it.

  • $2,0062-bedroom FMR+$149 (+8.0%) vs FY 2026
  • $1,6251-bedroom FMRMaryland: $1,801 · U.S.: $1,478
  • $80,240Income for a 2-bedroom$39/hour full-time
  • 5 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$2,006/month
2-bedroom Fair Market Rent and the income it needs
AreaFair Market RentIncome neededShare of your income
Howard County FMR$2,006$80,240–
Maryland average$2,103$84,105–
U.S. average$1,761$70,432–
Howard County Fair Market Rents, FY 2027 vs FY 2026, with state and U.S. averages
UnitHoward County FY 2027FY 2026ChangeMaryland avgU.S. avgIncome needed
Studio$1,523$1,362+$161 (+11.8%)$1,704$1,379$60,920
1 bedroom$1,625$1,511+$114 (+7.5%)$1,801$1,478$65,000
2 bedrooms$2,006$1,857+$149 (+8.0%)$2,103$1,761$80,240
3 bedrooms$2,509$2,358+$151 (+6.4%)$2,664$2,266$100,360
4 bedrooms$2,789$2,611+$178 (+6.8%)$3,052$2,607$111,560

How Howard County compares

  • HUD sets this rent for the Baltimore-Columbia-Towson, MD metro FMR area, which covers 2,849,436 residents in 7 counties.
  • Across Maryland, 2-bedroom FMRs run from $1,014 (Garrett County) to $2,438 (Charles County).
  • Studio to 4-bedroom: $1,523, $1,625, $2,006, $2,509, $2,789. 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 20 ZIP codes mostly in Howard County (by land area), the 2-bedroom figure ranges from $1,940 to $2,730.

Small Area FMRs by ZIP code in Howard County

FY 2027 Small Area Fair Market Rents, ZIP codes in Howard County
ZIPStudio1BR2BR3BR4BR2BR vs FY 20262BR vs area FMR
20701$2,060$2,190$2,710$3,390$3,770+$10 (+0.4%)35% above
20723$1,910$2,030$2,510$3,140$3,490+$190 (+8.2%)25% above
20759$2,090$2,200$2,570$3,240$3,710no change28% above
20763$1,920$2,050$2,530$3,160$3,520+$230 (+10.0%)26% above
20777$1,930$2,060$2,540$3,180$3,540−$180 (−6.6%)27% above
20794$1,910$2,040$2,520$3,150$3,500+$220 (+9.6%)26% above
21029$2,060$2,190$2,660$3,340$3,740−$130 (−4.7%)33% above
21036$2,160$2,270$2,600$3,290$3,810−$90 (−3.3%)30% above
21042$2,000$2,140$2,640$3,300$3,670+$160 (+6.5%)32% above
21043$1,880$2,010$2,480$3,100$3,450+$200 (+8.8%)24% above
21044$2,070$2,210$2,730$3,410$3,800+$250 (+10.1%)36% above
21045$1,700$1,810$2,240$2,800$3,110+$190 (+9.3%)12% above
21046$2,000$2,140$2,640$3,300$3,670+$150 (+6.0%)32% above
21075$1,980$2,110$2,610$3,260$3,630+$220 (+9.2%)30% above
21104$1,590$1,740$2,130$2,760$3,130−$230 (−9.7%)6% above
21723$1,550$1,720$2,120$2,690$2,970−$230 (−9.8%)6% above
21737$1,930$2,060$2,540$3,180$3,530+$190 (+8.1%)27% above
21738$1,930$2,060$2,540$3,180$3,530+$190 (+8.1%)27% above
21794$1,930$2,060$2,540$3,180$3,530+$190 (+8.1%)27% above
21797$1,530$1,640$1,940$2,450$2,790−$210 (−9.8%)3% 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