FY2027 Small Area FMR · Annapolis, MD

ZIP 21401 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 21401 (Annapolis, MD) is $2,690 a month, up 8.5% from FY2026. That is 34% above the Baltimore-Columbia-Towson, MD area-wide FMR of $2,006.

2-bedroom SAFMR$2,690per month ▲ 8.5%

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

Rank in the area19thof 191 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,421

2 BR Small Area FMR$2,690

110% of SAFMR$2,959

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

Studio$2,040▲ 12.1%

1 BR$2,180▲ 7.9%

2 BR$2,690▲ 8.5%

3 BR$3,360▲ 6.7%

4 BR$3,740▲ 7.2%

FY2027 FY2026

Where 21401 sits in the Baltimore-Columbia-Towson, MD area

Of the 191 ZIP codes HUD lists for the area, 21401 has the 19th 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 $2,690 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	$2,040	$1,836 – $2,244	$1,523	$1,820
1 bedroom	$2,180	$1,962 – $2,398	$1,625	$2,020
2 bedrooms	$2,690	$2,421 – $2,959	$2,006	$2,480
3 bedrooms	$3,360	$3,024 – $3,696	$2,509	$3,150
4 bedrooms	$3,740	$3,366 – $4,114	$2,789	$3,490

A household renting a two-bedroom home at the Small Area FMR of $2,690 needs about $107,600 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 21401 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
21405	Annapolis	2.7 mi	$2,770
21140	Riva	3.1 mi	$2,830
21032	Crownsville	3.9 mi	$3,010
21402	Annapolis	4.3 mi	$3,010
21403	Annapolis	4.6 mi	$2,390
21037	Edgewater	4.8 mi	$2,750

Questions

What is the Fair Market Rent for ZIP code 21401?

HUD's FY2027 Small Area Fair Market Rents for 21401 are $2,040 (studio), $2,180 (1 BR), $2,690 (2 BR), $3,360 (3 BR) and $3,740 (4 BR) a month.

What is the Section 8 payment standard in 21401?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 21401 that range is $2,421 to $2,959 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 21401?

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.