FY2027 Small Area FMR · Shady Side, MD

ZIP 20764 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 20764 (Shady Side, MD) is $2,870 a month, up 7.1% from FY2026. That is 43% above the Baltimore-Columbia-Towson, MD area-wide FMR of $2,006.

2-bedroom SAFMR$2,870per month ▲ 7.1%

Area-wide 2 BR FMR$2,006Baltimore-Columbia-Towson, M

Rank in the area9thof 191 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,583

2 BR Small Area FMR$2,870

110% of SAFMR$3,157

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$2,180▲ 10.7%

1 BR$2,320▲ 6.4%

2 BR$2,870▲ 7.1%

3 BR$3,590▲ 5.6%

4 BR$3,990▲ 5.8%

FY2027 FY2026

Where 20764 sits in the Baltimore-Columbia-Towson, MD area

Of the 191 ZIP codes HUD lists for the area, 20764 has the 9th highest two-bedroom Small Area FMR. Baltimore-Columbia-Towson, MD is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $2,006 for two bedrooms; an agency that opts in to Small Area FMRs would use $2,870 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$2,180	$1,962 – $2,398	$1,523	$1,970
1 bedroom	$2,320	$2,088 – $2,552	$1,625	$2,180
2 bedrooms	$2,870	$2,583 – $3,157	$2,006	$2,680
3 bedrooms	$3,590	$3,231 – $3,949	$2,509	$3,400
4 bedrooms	$3,990	$3,591 – $4,389	$2,789	$3,770

A household renting a two-bedroom home at the Small Area FMR of $2,870 needs about $114,800 a year to keep housing costs at 30% of income. The area median family income is $134,000 and the 80% low-income limit for four people is $106,800. ZIP code 20764 lies mainly in Anne Arundel County. See the Baltimore-Columbia-Towson, MD metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
20765	Galesville	2.2 mi	$2,520
20733	Churchton	2.4 mi	$2,520
20778	West River	3.7 mi	$2,520
20751	Deale	4.0 mi	$2,520
20776	Harwood	4.6 mi	$2,570
20779	Tracys Landing	6.0 mi	$2,200

Questions

What is the Fair Market Rent for ZIP code 20764?

HUD's FY2027 Small Area Fair Market Rents for 20764 are $2,180 (studio), $2,320 (1 BR), $2,870 (2 BR), $3,590 (3 BR) and $3,990 (4 BR) a month.

What is the Section 8 payment standard in 20764?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 20764 that range is $2,583 to $3,157 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 20764?

The FY2026 income limits of the Baltimore-Columbia-Towson, MD area apply: median family income $134,000, low-income (80%) limit $106,800 for a family of four.