FY2027 Small Area FMR · Cavetown, MD

ZIP 21720 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 21720 (Cavetown, MD) is $1,280 a month, up 1.6% from FY2026. That is 0% equal to the Hagerstown, MD area-wide FMR of $1,284.

2-bedroom SAFMR$1,280per month ▲ 1.6%

Area-wide 2 BR FMR$1,284Hagerstown, MD

Rank in the area13thof 23 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,152

2 BR Small Area FMR$1,280

110% of SAFMR$1,408

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

Studio$890▲ 2.3%

1 BR$980▲ 2.1%

2 BR$1,280▲ 1.6%

3 BR$1,710▲ 0.6%

4 BR$1,920▲ 1.1%

FY2027 FY2026

Where 21720 sits in the Hagerstown, MD area

Of the 23 ZIP codes HUD lists for the area, 21720 has the 13th highest two-bedroom Small Area FMR. Hagerstown, 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 $1,284 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,280 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	$890	$801 – $979	$894	$870
1 bedroom	$980	$882 – $1,078	$982	$960
2 bedrooms	$1,280	$1,152 – $1,408	$1,284	$1,260
3 bedrooms	$1,710	$1,539 – $1,881	$1,714	$1,700
4 bedrooms	$1,920	$1,728 – $2,112	$1,923	$1,900

A household renting a two-bedroom home at the Small Area FMR of $1,280 needs about $51,200 a year to keep housing costs at 30% of income. The area median family income is $105,100 and the 80% low-income limit for four people is $82,400. ZIP code 21720 lies mainly in Washington County. See the Hagerstown, MD county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
21783	Smithsburg	1.7 mi	$1,260
21742	Hagerstown	4.2 mi	$1,480
21719	Cascade	6.4 mi	$1,360
21780	Sabillasville	6.6 mi	$1,520
17250	Rouzerville	7.0 mi	$1,330
21734	Funkstown	7.1 mi	$1,140

Questions

What is the Fair Market Rent for ZIP code 21720?

HUD's FY2027 Small Area Fair Market Rents for 21720 are $890 (studio), $980 (1 BR), $1,280 (2 BR), $1,710 (3 BR) and $1,920 (4 BR) a month.

What is the Section 8 payment standard in 21720?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 21720 that range is $1,152 to $1,408 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 21720?

The FY2026 income limits of the Hagerstown, MD area apply: median family income $105,100, low-income (80%) limit $82,400 for a family of four.