Location: Dorchester County, MD | Metro: Dorchester County, MD
| Unit Size | Monthly FMR |
|---|---|
| Studio | $870 |
| 1 Bedroom | $970 |
| 2 Bedrooms | $1,160 |
| 3 Bedrooms | $1,610 |
| 4 Bedrooms | $1,940 |
| 5 Bedrooms | $2,250 |
| 6 Bedrooms | $2,520 |
| 7 Bedrooms | $2,722 |
| 8 Bedrooms | $2,858 |
U.S. Census Bureau data (2024)
The ZIP code 21675 is situated in a unique area of Baltimore County, Maryland. This neighborhood is characterized by a relatively small population of 38 residents, which makes it quite distinct compared to other densely populated areas of Baltimore. Notably, there are no reported renters in this community, indicating that it is predominantly composed of homeowners. The median income and median home value data for this ZIP code are currently unavailable, suggesting a lack of comprehensive economic data.
Moving into the realm of rental economics, the Fair Market Rent (FMR) for the metro area covering fiscal year 2026 is set at $1,140. This figure represents the benchmark for housing affordability in the region but should be interpreted with caution given the absence of reported market rents and the overall scarcity of rental properties within ZIP 21675. The discrepancy between the FMR and the actual market conditions underscores the challenges in assessing the true rental landscape of this ZIP code without further detailed local data.
Considering these factors, ZIP 21675 would likely not be an ideal location for a hands-off Section 8 voucher operator due to its extremely low number of renters and the limited potential for passive rental income. Instead, this area might appeal more to a hands-on value-add buyer who is willing to invest time and resources into developing rental properties or converting existing homes into rentals that can benefit from the Section 8 program. Such an investor would need to carefully evaluate the local market dynamics and possibly look beyond the immediate ZIP code for more robust economic indicators to make informed decisions about potential investments.
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.