Section 8 Fair Market Rent (FMR) for ZIP 21676 - 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

439

Median Household Income

$N/A

Housing Units

353

Renter Percentage

N/A

Occupancy Rate

76.8%

Renter Occupied

The ZIP code 21676, located in Harford County, Maryland, is a suburban area characterized by its relatively low population density and proximity to urban centers like Baltimore. This region offers a unique opportunity for real estate investors, particularly those interested in understanding the dynamics between rental markets and homeownership.

Fair Market Rent (FMR): The Fair Market Rent for ZIP 21676 is set at $1,410 for the fiscal year 2026, reflecting the government's benchmark for affordability in the area.
Rental Market: There is currently no data available on the average market rent, indicating that the rental market may be underdeveloped or less significant compared to homeownership.
Home Values: The median home value in ZIP 21676 stands at $466,878, suggesting a moderate to high-end housing market.
Renter Share: With a renter share of just 0.0%, it's evident that this area heavily favors homeownership over renting.
Days on Market (DOM): No data is available for the typical days on market for properties, which could imply that sales are swift and there's little lag time between listing and sale.
Median Income: Data on the median income is unavailable, but given the median home value, we can infer that residents likely have stable financial conditions to support such property investments.

Investors should take note of the strong preference for homeownership in ZIP 21676, with virtually no residents opting to rent. The Fair Market Rent figure provides a useful anchor for understanding what the government deems affordable, though the lack of specific market rent data suggests that rental opportunities might be limited. Given the median home value, this area presents itself as a solid investment for those looking to enter the homeownership market, where quick sales and potentially high returns on investment are possible. However, without concrete information on median income, it's advisable to conduct further research to fully grasp the economic landscape and potential risks involved in investing here.

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.