Allegany County, MD

2024 Fair Market Rents

Tags: 2024 Cumberland, MD-WV MSA

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The top four largest cities in Allegany County are Cumberland, Frostburg, Hancock, and Westernport. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Allegany County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Allegany County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Allegany County compare?

Allegany County ($920) has a 43.3% lower FMR for 2-Bedroom housing than the average of Maryland ($1,622) and therefore has a lower gross rent.

Allegany County is rank 23rd out of 24 counties. This means the FMRs, or in other words, the gross rent is lower than 22 other counties. Allegany County is the 2nd cheapest county in terms of FMRs.

Rent Tables Allegany County, MD

Fair Market Rent (40th Percentile)

$624
studio
$736
1-Bedroom
$920
2-Bedroom
$1,186
3-Bedroom
$1,453
4-Bedroom

Median Rent (50th Percentile)

$656
studio
$774
1-Bedroom
$968
2-Bedroom
$1,248
3-Bedroom
$1,529
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
21501 $640 $750 $940 $1,210 $1,480
21502 $650 $770 $960 $1,240 $1,520
21503 $640 $750 $940 $1,210 $1,480
21505 $640 $750 $940 $1,210 $1,480
21521 $620 $740 $920 $1,190 $1,450
21524 $660 $780 $970 $1,250 $1,530
21528 $640 $750 $940 $1,210 $1,480
21529 $640 $750 $940 $1,210 $1,480
21530 $940 $1,100 $1,380 $1,780 $2,180
21532 $660 $780 $970 $1,250 $1,530
21539 $610 $720 $910 $1,170 $1,430
21540 $610 $720 $910 $1,170 $1,430
21542 $610 $720 $910 $1,170 $1,430
21543 $660 $780 $970 $1,250 $1,530
21545 $660 $780 $970 $1,250 $1,530
21555 $740 $870 $1,080 $1,390 $1,720
21556 $640 $750 $940 $1,210 $1,480
21557 $860 $1,020 $1,270 $1,640 $2,010
21560 $640 $750 $940 $1,210 $1,480
21562 $610 $720 $910 $1,170 $1,430
21750 $700 $790 $1,040 $1,450 $1,600
21766 $610 $720 $910 $1,170 $1,430
21750 $700 $790 $1,040 $1,450 $1,600
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
21501 $576 $675 $846 $1,089 $1,332
21502 $585 $693 $864 $1,116 $1,368
21503 $576 $675 $846 $1,089 $1,332
21505 $576 $675 $846 $1,089 $1,332
21521 $558 $666 $828 $1,071 $1,305
21524 $594 $702 $873 $1,125 $1,377
21528 $576 $675 $846 $1,089 $1,332
21529 $576 $675 $846 $1,089 $1,332
21530 $846 $990 $1,242 $1,602 $1,962
21532 $594 $702 $873 $1,125 $1,377
21539 $549 $648 $819 $1,053 $1,287
21540 $549 $648 $819 $1,053 $1,287
21542 $549 $648 $819 $1,053 $1,287
21543 $594 $702 $873 $1,125 $1,377
21545 $594 $702 $873 $1,125 $1,377
21555 $666 $783 $972 $1,251 $1,548
21556 $576 $675 $846 $1,089 $1,332
21557 $774 $918 $1,143 $1,476 $1,809
21560 $576 $675 $846 $1,089 $1,332
21562 $549 $648 $819 $1,053 $1,287
21750 $630 $711 $936 $1,305 $1,440
21766 $549 $648 $819 $1,053 $1,287
21750 $630 $711 $936 $1,305 $1,440
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
21501 $704 $825 $1,034 $1,331 $1,628
21502 $715 $847 $1,056 $1,364 $1,672
21503 $704 $825 $1,034 $1,331 $1,628
21505 $704 $825 $1,034 $1,331 $1,628
21521 $682 $814 $1,012 $1,309 $1,595
21524 $726 $858 $1,067 $1,375 $1,683
21528 $704 $825 $1,034 $1,331 $1,628
21529 $704 $825 $1,034 $1,331 $1,628
21530 $1,034 $1,210 $1,518 $1,958 $2,398
21532 $726 $858 $1,067 $1,375 $1,683
21539 $671 $792 $1,001 $1,287 $1,573
21540 $671 $792 $1,001 $1,287 $1,573
21542 $671 $792 $1,001 $1,287 $1,573
21543 $726 $858 $1,067 $1,375 $1,683
21545 $726 $858 $1,067 $1,375 $1,683
21555 $814 $957 $1,188 $1,529 $1,892
21556 $704 $825 $1,034 $1,331 $1,628
21557 $946 $1,122 $1,397 $1,804 $2,211
21560 $704 $825 $1,034 $1,331 $1,628
21562 $671 $792 $1,001 $1,287 $1,573
21750 $770 $869 $1,144 $1,595 $1,760
21766 $671 $792 $1,001 $1,287 $1,573
21750 $770 $869 $1,144 $1,595 $1,760

Fair Market Rents on this page apply to the following cities in Allegany County, Maryland: Cumberland, Frostburg, Hancock, Westernport, Lonaconing, Mount Savage, Rawlings, Oldtown, Flintstone, Barton, Ellerslie, Little Orleans, Corriganville, Midland, Midlothian, Luke, Pinto, Spring Gap, and Eckhart Mines.

These Fair Market Rents also apply to the following ZIP codes in Allegany County, Maryland: 21502, 21532, 21750, 21562, 21539, 21545, 21557, 21555, 21530, 21521, 21529, 21766, 21524, 21542, 21501, 21543, 21540, 21556, 21505, and 21560.

Allegany County, MD is considered part of the following metro FMR area: CUMBERLAND, MD-WV MSA.

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Fair Market Rents are published by the Department of Housing And Urban Development.