Location: Baltimore-Columbia-Towson, MD | Metro: Baltimore-Columbia-Towson, MD MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,760 |
| 1 Bedroom | $1,880 |
| 2 Bedrooms | $2,320 |
| 3 Bedrooms | $2,910 |
| 4 Bedrooms | $3,220 |
| 5 Bedrooms | $3,735 |
| 6 Bedrooms | $4,183 |
| 7 Bedrooms | $4,518 |
| 8 Bedrooms | $4,744 |
U.S. Census Bureau data (2024)
The ZIP code 21252 stands out due to its unique characteristics. With a population of 4,865 residents, it is distinctive for having 100.0% of its inhabitants engaged in rental housing. This indicates a strong reliance on the rental market, which can be a significant factor for landlords and small-portfolio investors looking to understand the local dynamics.
The absence of specific data points such as median income and median home value suggests that the area lacks a substantial homeownership base, further emphasizing the importance of the rental sector. For voucher economics, the Fair Market Rent (FMR) for ZIP 21252 in fiscal year 2024 is set at $2390. While the exact market rent is not available, the FMR serves as a benchmark for rental rates in federally assisted housing programs, providing a reference point for landlords.
Given the high percentage of renters and the reliance on rental assistance, landlords in ZIP 21252 should be aware of the potential benefits and challenges associated with accepting Section 8 vouchers. The FMR provides a guideline for setting competitive rents that align with federal standards, ensuring that properties remain attractive to voucher holders while maintaining profitability.
The data signature for ZIP 21252 reads as stable, with a consistent and high dependency on rental housing. This stability can be beneficial for long-term investment strategies, as it reduces the risk of sudden shifts in the housing market. However, the lack of detailed economic indicators means that investors must rely on other sources of information to fully gauge the health and potential growth of the area.
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.