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 | $1,230 |
| 1 Bedroom | $1,360 |
| 2 Bedrooms | $1,680 |
| 3 Bedrooms | $2,130 |
| 4 Bedrooms | $2,350 |
| 5 Bedrooms | $2,726 |
| 6 Bedrooms | $3,053 |
| 7 Bedrooms | $3,297 |
| 8 Bedrooms | $3,462 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $2,130 | $353,853 | 0.6% | D |
U.S. Census Bureau data (2024)
The Fair Market Rent for ZIP 21668 in fiscal year 2024 is set at $1,400. This figure contrasts with the market rent of $1,037, indicating a potential opportunity for landlords to achieve higher yields by participating in the Section 8 program. The home value of $403,483 suggests a relatively stable and affluent area, as does the median household income of $78,672.
Regarding stability, ZIP 21668 has a 22.1% rate of renters, which is lower than many urban areas but still significant. The lack of specific DOM data makes it challenging to assess short-term market dynamics, but the combination of median income and home values implies a more stable long-term investment environment.
In conclusion, ZIP 21668 leans towards being a steady-cashflow zone. While it offers the potential for higher yields through the Section 8 program, the relatively low percentage of renters and strong median income suggest a market less prone to rapid fluctuations. This makes it suitable for landlords and small-portfolio investors looking for consistent returns rather than quick flips.
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.