FY2027 Small Area FMR · Warwick, MD

ZIP 21912 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 21912 (Warwick, MD) is $1,580 a month, down 8.1% from FY2026. That is 15% below the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area-wide FMR of $1,860.

2-bedroom SAFMR$1,580per month ▼ 8.1%

Area-wide 2 BR FMR$1,860Philadelphia-Camden-Wilmingt

Rank in the area411thof 473 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,422

2 BR Small Area FMR$1,580

110% of SAFMR$1,738

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

Studio$1,210▼ 8.3%

1 BR$1,350▼ 6.9%

2 BR$1,580▼ 8.1%

3 BR$1,910▼ 7.3%

4 BR$2,180▼ 5.2%

FY2027 FY2026

Where 21912 sits in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area

Of the 473 ZIP codes HUD lists for the area, 21912 has the 411th highest two-bedroom Small Area FMR. Philadelphia-Camden-Wilmington, PA-NJ-DE-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 $1,422 and $1,738 for two bedrooms.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,210	$1,089 – $1,331	$1,438	$1,320
1 bedroom	$1,350	$1,215 – $1,485	$1,558	$1,450
2 bedrooms	$1,580	$1,422 – $1,738	$1,860	$1,720
3 bedrooms	$1,910	$1,719 – $2,101	$2,216	$2,060
4 bedrooms	$2,180	$1,962 – $2,398	$2,445	$2,300

A household renting a two-bedroom home at the Small Area FMR of $1,580 needs about $63,200 a year to keep housing costs at 30% of income. The area median family income is $122,700 and the 80% low-income limit for four people is $98,150. ZIP code 21912 lies mainly in Cecil County and New Castle County. See the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
21913	Cecilton	2.8 mi	$1,340
21930	Georgetown	4.8 mi	$2,200
21915	Chesapeake City	5.5 mi	$1,230
21635	Galena	6.0 mi	$1,540
21919	Earleville	6.1 mi	$2,200
21650	Massey	7.3 mi	$1,250

Questions

What is the Fair Market Rent for ZIP code 21912?

HUD's FY2027 Small Area Fair Market Rents for 21912 are $1,210 (studio), $1,350 (1 BR), $1,580 (2 BR), $1,910 (3 BR) and $2,180 (4 BR) a month.

What is the Section 8 payment standard in 21912?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 21912 that range is $1,422 to $1,738 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 21912?

The FY2026 income limits of the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area apply: median family income $122,700, low-income (80%) limit $98,150 for a family of four.