Location: Baltimore-Columbia-Towson, MD | Metro: Baltimore-Columbia-Towson, MD MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,480 |
| 1 Bedroom | $1,580 |
| 2 Bedrooms | $1,950 |
| 3 Bedrooms | $2,440 |
| 4 Bedrooms | $2,710 |
| 5 Bedrooms | $3,144 |
| 6 Bedrooms | $3,521 |
| 7 Bedrooms | $3,803 |
| 8 Bedrooms | $3,993 |
The ZIP code 21282 in Baltimore-Columbia-Towson County stands out due to limited data availability regarding its resident population, rental percentages, median income, and median home values. This scarcity of detailed local economic indicators can make it challenging to provide a comprehensive analysis. However, we can focus on the key aspect of Section 8 vouchers and their impact on the housing market.
In terms of voucher economics, the Fair Market Rent (FMR) for ZIP 21282 is set at $1890 for fiscal year 2024. While the specific market rent figures are not available, this FMR serves as a benchmark for landlords and tenants participating in the Section 8 program. It is important to note that the FMR is adjusted annually based on regional housing costs and does not necessarily reflect the exact rental rates in every individual property.
The data signature for ZIP 21282 reads as transitional. The lack of detailed economic data suggests that the area might be undergoing changes, possibly related to urban development or shifts in population dynamics. Landlords and small-portfolio investors should remain vigilant about market trends and policy updates that could affect the value and demand for rental properties in this ZIP code.
Data Sources: FMR data from HUD (2027).
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.