FY2027 Small Area FMR · Simpsonville, MD

ZIP 21150 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 21150 (Simpsonville, MD) is $2,540 a month, up 8.1% from FY2026. That is 27% above the Baltimore-Columbia-Towson, MD area-wide FMR of $2,006.

2-bedroom SAFMR$2,540per month ▲ 8.1%

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

Rank in the area34thof 191 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,286

2 BR Small Area FMR$2,540

110% of SAFMR$2,794

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

Studio$1,930▲ 12.2%

1 BR$2,060▲ 7.9%

2 BR$2,540▲ 8.1%

3 BR$3,180▲ 6.7%

4 BR$3,530▲ 7.0%

FY2027 FY2026

Where 21150 sits in the Baltimore-Columbia-Towson, MD area

Of the 191 ZIP codes HUD lists for the area, 21150 has the 34th 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 $2,540 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	$1,930	$1,737 – $2,123	$1,523	$1,720
1 bedroom	$2,060	$1,854 – $2,266	$1,625	$1,910
2 bedrooms	$2,540	$2,286 – $2,794	$2,006	$2,350
3 bedrooms	$3,180	$2,862 – $3,498	$2,509	$2,980
4 bedrooms	$3,530	$3,177 – $3,883	$2,789	$3,300

A household renting a two-bedroom home at the Small Area FMR of $2,540 needs about $101,600 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 21150 lies mainly in Howard 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
21029	Clarksville	1.8 mi	$2,660
21036	Dayton	3.5 mi	$2,600
21042	Ellicott City	3.8 mi	$2,640
21044	Columbia	4.0 mi	$2,730
21794	West Friendship	4.5 mi	$2,540
20777	Highland	4.5 mi	$2,540

Questions

What is the Fair Market Rent for ZIP code 21150?

HUD's FY2027 Small Area Fair Market Rents for 21150 are $1,930 (studio), $2,060 (1 BR), $2,540 (2 BR), $3,180 (3 BR) and $3,530 (4 BR) a month.

What is the Section 8 payment standard in 21150?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 21150 that range is $2,286 to $2,794 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 21150?

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.