FY2027 Small Area FMR · Frederick, MD

ZIP 21702 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 21702 (Frederick, MD) is $2,010 a month, up 12.9% from FY2026. That is 18% below the Washington-Arlington-Alexandria, DC-VA-MD area-wide FMR of $2,438.

2-bedroom SAFMR$2,010per month ▲ 12.9%

Area-wide 2 BR FMR$2,438Washington-Arlington-Alexand

Rank in the area413thof 488 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,809

2 BR Small Area FMR$2,010

110% of SAFMR$2,211

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

Studio$1,740▲ 12.3%

1 BR$1,820▲ 13.8%

2 BR$2,010▲ 12.9%

3 BR$2,560▲ 13.8%

4 BR$3,020▲ 14.4%

FY2027 FY2026

Where 21702 sits in the Washington-Arlington-Alexandria, DC-VA-MD area

Of the 488 ZIP codes HUD lists for the area, 21702 has the 413th highest two-bedroom Small Area FMR. Washington-Arlington-Alexandria, DC-VA-MD is one of the 65 metro areas where HUD requires Small Area FMRs for the Housing Choice Voucher program (designated 2016), so local housing agencies must set payment standards from this ZIP code's figure, normally between $1,809 and $2,211 for two bedrooms.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,740	$1,566 – $1,914	$2,111	$1,550
1 bedroom	$1,820	$1,638 – $2,002	$2,204	$1,600
2 bedrooms	$2,010	$1,809 – $2,211	$2,438	$1,780
3 bedrooms	$2,560	$2,304 – $2,816	$3,107	$2,250
4 bedrooms	$3,020	$2,718 – $3,322	$3,658	$2,640

A household renting a two-bedroom home at the Small Area FMR of $2,010 needs about $80,400 a year to keep housing costs at 30% of income. The area median family income is $166,100 and the 80% low-income limit for four people is $106,800. ZIP code 21702 lies mainly in Frederick County. See the Washington-Arlington-Alexandria, DC-VA-MD metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
21705	Frederick	5.2 mi	$2,080
21714	Braddock Heights	5.3 mi	$1,990
21793	Walkersville	5.4 mi	$1,970
21701	Frederick	6.4 mi	$2,080
21769	Middletown	7.2 mi	$1,950
21773	Myersville	7.2 mi	$2,080

Questions

What is the Fair Market Rent for ZIP code 21702?

HUD's FY2027 Small Area Fair Market Rents for 21702 are $1,740 (studio), $1,820 (1 BR), $2,010 (2 BR), $2,560 (3 BR) and $3,020 (4 BR) a month.

What is the Section 8 payment standard in 21702?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 21702 that range is $1,809 to $2,211 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 21702?

The FY2026 income limits of the Washington-Arlington-Alexandria, DC-VA-MD area apply: median family income $166,100, low-income (80%) limit $106,800 for a family of four.