Section 8 Fair Market Rent (FMR) for ZIP 21130 - 2027

Location: Baltimore-Columbia-Towson, MD | Metro: Baltimore-Columbia-Towson, MD MSA

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$1,620
1 Bedroom	$1,720
2 Bedrooms	$2,130
3 Bedrooms	$2,670
4 Bedrooms	$2,960
5 Bedrooms	$3,434
6 Bedrooms	$3,846
7 Bedrooms	$4,154
8 Bedrooms	$4,362

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

112

Median Household Income

$17,336

Housing Units

Renter Percentage

70.4%

Occupancy Rate

100.0%

Renter Occupied

The ZIP code 21130, located in Harford County, Maryland, is characterized by a mix of residential areas and small-town charm. This region offers a stable environment for real estate investment, particularly for those interested in the rental market.

The Fair Market Rent (FMR) for a two-bedroom apartment in ZIP 21130 for fiscal year 2024 is set at $1700, providing a benchmark for rental pricing.
While the exact market rent is not available, the FMR indicates that the rental market is robust and can support properties priced near this figure.
The median home value is not available, suggesting that the area might be more focused on rentals rather than sales.
Renters make up a significant portion of the population, with 70.4% of residents choosing to rent rather than own their homes.
The median income of residents in ZIP 21130 is $17,336, which is notably low and could impact the ability of some renters to afford higher rents.

In summary, ZIP 21130 presents a favorable environment for rental investments, especially for affordable housing options. With a high percentage of renters and a defined fair market rent, landlords and small-portfolio investors should focus on properties that can be rented at or below the FMR to attract tenants. The low median income suggests that competitive pricing will be crucial to maintain occupancy rates.

Data Sources: FMR data from HUD (2027). 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.