Section 8 Fair Market Rent (FMR) for ZIP 21652 - 2027

Location: Talbot County, MD | Metro: Talbot County, MD

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$1,090
1 Bedroom	$1,260
2 Bedrooms	$1,420
3 Bedrooms	$1,970
4 Bedrooms	$2,370
5 Bedrooms	$2,749
6 Bedrooms	$3,079
7 Bedrooms	$3,325
8 Bedrooms	$3,491

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

155

Median Household Income

$127,930

Housing Units

124

Renter Percentage

N/A

Occupancy Rate

76.6%

Renter Occupied

The ZIP code 21652, located in Anne Arundel County, Maryland, is characterized by its suburban setting and proximity to Annapolis and Baltimore. This area is primarily residential, with a strong emphasis on homeownership over renting, which reflects in its low renter share and high median home values.

The Fair Market Rent (FMR) for ZIP 21652 is set at $1,410 for the fiscal year 2026, indicating the rental rate that the government deems fair for the area.
Market rent data is currently unavailable, suggesting that the area may be less active in terms of rental properties compared to other regions.
The median home value in ZIP 21652 stands at $585,269, reflecting the significant investment potential for homeownership in this area.
Rental properties make up only 0.0% of the housing stock, underscoring the preference for owning homes rather than renting.
The Days on Market (DOM) figure is also not available, which could imply that homes are either sold quickly or that there isn't a large volume of transactions to provide reliable averages.
The median household income in this ZIP code is $127,930, pointing to a relatively affluent community where residents have the financial capacity to purchase homes.

In summary, ZIP 21652 presents a market heavily skewed towards homeownership, with very few rental properties and high median home values. The high median income suggests that the local economy can support property values, but the lack of market rent data and days on market metrics indicates a less dynamic rental market. For investors, this implies that while opportunities in rental properties might be limited, investing in homeownership or flipping homes could be more lucrative given the strong demand and financial stability of the residents.

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.