FY2027 Small Area FMR · Madison, MD

ZIP 21648 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 21648 (Madison, MD) is $1,350 a month, down 9.4% from FY2026. That is 16% above the Dorchester County, MD area-wide FMR of $1,159.

2-bedroom SAFMR$1,350per month ▼ 9.4%

Area-wide 2 BR FMR$1,159Dorchester County, MD

Rank in the area8thof 19 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,215

2 BR Small Area FMR$1,350

110% of SAFMR$1,485

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

Studio$1,110▼ 9.8%

1 BR$1,120▼ 9.7%

2 BR$1,350▼ 9.4%

3 BR$1,870▼ 9.7%

4 BR$2,250▼ 9.6%

FY2027 FY2026

Where 21648 sits in the Dorchester County, MD area

Of the 19 ZIP codes HUD lists for the area, 21648 has the 8th highest two-bedroom Small Area FMR. Dorchester County, 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 $1,159 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,350 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	$1,110	$999 – $1,221	$868	$1,230
1 bedroom	$1,120	$1,008 – $1,232	$970	$1,240
2 bedrooms	$1,350	$1,215 – $1,485	$1,159	$1,490
3 bedrooms	$1,870	$1,683 – $2,057	$1,605	$2,070
4 bedrooms	$2,250	$2,025 – $2,475	$1,937	$2,490

A household renting a two-bedroom home at the Small Area FMR of $1,350 needs about $54,000 a year to keep housing costs at 30% of income. The area median family income is $87,300 and the 80% low-income limit for four people is $76,000. ZIP code 21648 lies mainly in Dorchester County. See the Dorchester County, MD county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
21669	Taylors Island	3.4 mi	$1,160
21677	Woolford	3.7 mi	$1,520
21622	Church Creek	6.5 mi	$1,160
21613	Cambridge	8.8 mi	$1,150
21626	Crapo	12.5 mi	$1,160
20657	Lusby	13.2 mi	$1,790

Questions

What is the Fair Market Rent for ZIP code 21648?

HUD's FY2027 Small Area Fair Market Rents for 21648 are $1,110 (studio), $1,120 (1 BR), $1,350 (2 BR), $1,870 (3 BR) and $2,250 (4 BR) a month.

What is the Section 8 payment standard in 21648?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 21648 that range is $1,215 to $1,485 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 21648?

The FY2026 income limits of the Dorchester County, MD area apply: median family income $87,300, low-income (80%) limit $76,000 for a family of four.