Location: Baltimore-Columbia-Towson, MD | Metro: Baltimore-Columbia-Towson, MD MSA
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $2,160 |
| 1 Bedroom | $2,270 |
| 2 Bedrooms | $2,600 |
| 3 Bedrooms | $3,290 |
| 4 Bedrooms | $3,810 |
| 5 Bedrooms | $4,420 |
| 6 Bedrooms | $4,950 |
| 7 Bedrooms | $5,346 |
| 8 Bedrooms | $5,613 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 4BR | $3,810 | $1,060,802 | 0.36% | F |
U.S. Census Bureau data (2024)
The ZIP code 21036 stands out due to its unique data signature. With only 2,569 residents, it has an extremely low rental rate of 0.7%, indicating that the majority of residents own their homes. The median income in this area is $218,036, reflecting a relatively affluent community. This is further underscored by the median home value, which is exceptionally high at $1,017,875.
In terms of Section 8 voucher economics, the Fair Market Rent (FMR) for ZIP 21036 in fiscal year 2024 is set at $2,730. However, the lack of available market rent data suggests a minimal presence of rental properties within the ZIP code. As a result, landlords and small-portfolio investors should be cautious about relying solely on Section 8 tenants, as the number of potential renters is limited.
The data signature for ZIP 21036 reads as stable. The high median income and home values suggest a consistent economic environment where homeownership is prevalent. The low rental rate implies that the rental market is not a significant factor in this ZIP code, making it less attractive for those looking to invest in rental properties based on Section 8 vouchers.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.