Howard County, MD

2024 Fair Market Rents

Tags: 2024 Baltimore-Columbia-Towson, MD MSA

On this Page:

Return to the state page to see where Maryland ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in Howard County are Columbia, Ellicott City, Laurel, and Elkridge. 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 Howard County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Howard 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 Howard County compare?

Howard County ($1,943) has a 19.8% higher FMR for 2-Bedroom housing than the average of Maryland ($1,622) and therefore a higher gross rent.

Howard County is rank 6th out of 24 counties. This means the FMRs, or in other words, the gross rent is higher than 18 other counties. Howard County is the 6th most expensive county in terms of FMRs.

Rent Tables Howard County, MD

Fair Market Rent (40th Percentile)

$1,379
studio
$1,582
1-Bedroom
$1,943
2-Bedroom
$2,519
3-Bedroom
$2,849
4-Bedroom

Median Rent (50th Percentile)

$1,497
studio
$1,717
1-Bedroom
$2,109
2-Bedroom
$2,734
3-Bedroom
$3,093
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
20723 $1,770 $2,030 $2,490 $3,230 $3,650
20759 $1,930 $2,150 $2,600 $3,340 $3,820
20763 $1,520 $1,740 $2,140 $2,770 $3,140
20777 $2,050 $2,310 $2,810 $3,620 $4,120
20833 $2,130 $2,170 $2,460 $3,060 $3,630
21029 $2,070 $2,370 $2,910 $3,770 $4,270
21036 $2,060 $2,280 $2,730 $3,490 $4,010
21041 $1,770 $2,030 $2,490 $3,230 $3,650
21042 $1,830 $2,100 $2,580 $3,340 $3,780
21044 $1,800 $2,070 $2,540 $3,290 $3,720
21045 $1,600 $1,840 $2,260 $2,930 $3,310
21046 $1,840 $2,110 $2,590 $3,360 $3,800
21075 $1,780 $2,040 $2,510 $3,250 $3,680
21150 $1,770 $2,030 $2,490 $3,230 $3,650
21723 $1,770 $2,030 $2,490 $3,230 $3,650
21737 $1,770 $2,030 $2,490 $3,230 $3,650
21738 $1,770 $2,030 $2,490 $3,230 $3,650
21765 $1,770 $2,030 $2,490 $3,230 $3,650
21794 $1,760 $2,020 $2,480 $3,210 $3,640
20777 $2,050 $2,310 $2,810 $3,620 $4,120
20833 $2,130 $2,170 $2,460 $3,060 $3,630
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
20723 $1,593 $1,827 $2,241 $2,907 $3,285
20759 $1,737 $1,935 $2,340 $3,006 $3,438
20763 $1,368 $1,566 $1,926 $2,493 $2,826
20777 $1,845 $2,079 $2,529 $3,258 $3,708
20833 $1,917 $1,953 $2,214 $2,754 $3,267
21029 $1,863 $2,133 $2,619 $3,393 $3,843
21036 $1,854 $2,052 $2,457 $3,141 $3,609
21041 $1,593 $1,827 $2,241 $2,907 $3,285
21042 $1,647 $1,890 $2,322 $3,006 $3,402
21044 $1,620 $1,863 $2,286 $2,961 $3,348
21045 $1,440 $1,656 $2,034 $2,637 $2,979
21046 $1,656 $1,899 $2,331 $3,024 $3,420
21075 $1,602 $1,836 $2,259 $2,925 $3,312
21150 $1,593 $1,827 $2,241 $2,907 $3,285
21723 $1,593 $1,827 $2,241 $2,907 $3,285
21737 $1,593 $1,827 $2,241 $2,907 $3,285
21738 $1,593 $1,827 $2,241 $2,907 $3,285
21765 $1,593 $1,827 $2,241 $2,907 $3,285
21794 $1,584 $1,818 $2,232 $2,889 $3,276
20777 $1,845 $2,079 $2,529 $3,258 $3,708
20833 $1,917 $1,953 $2,214 $2,754 $3,267
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
20723 $1,947 $2,233 $2,739 $3,553 $4,015
20759 $2,123 $2,365 $2,860 $3,674 $4,202
20763 $1,672 $1,914 $2,354 $3,047 $3,454
20777 $2,255 $2,541 $3,091 $3,982 $4,532
20833 $2,343 $2,387 $2,706 $3,366 $3,993
21029 $2,277 $2,607 $3,201 $4,147 $4,697
21036 $2,266 $2,508 $3,003 $3,839 $4,411
21041 $1,947 $2,233 $2,739 $3,553 $4,015
21042 $2,013 $2,310 $2,838 $3,674 $4,158
21044 $1,980 $2,277 $2,794 $3,619 $4,092
21045 $1,760 $2,024 $2,486 $3,223 $3,641
21046 $2,024 $2,321 $2,849 $3,696 $4,180
21075 $1,958 $2,244 $2,761 $3,575 $4,048
21150 $1,947 $2,233 $2,739 $3,553 $4,015
21723 $1,947 $2,233 $2,739 $3,553 $4,015
21737 $1,947 $2,233 $2,739 $3,553 $4,015
21738 $1,947 $2,233 $2,739 $3,553 $4,015
21765 $1,947 $2,233 $2,739 $3,553 $4,015
21794 $1,936 $2,222 $2,728 $3,531 $4,004
20777 $2,255 $2,541 $3,091 $3,982 $4,532
20833 $2,343 $2,387 $2,706 $3,366 $3,993

Fair Market Rents on this page apply to the following cities in Howard County, Maryland: Columbia, Ellicott City, Laurel, Elkridge, Clarksville, Brookeville, Highland, Glenwood, Fulton, Savage, West Friendship, Dayton, Glenelg, Cooksville, Simpsonville, and Lisbon.

These Fair Market Rents also apply to the following ZIP codes in Howard County, Maryland: 21044, 21042, 21045, 20723, 21075, 21046, 21029, 20833, 20777, 21738, 20759, 20763, 21794, 21036, 21737, 21723, 21041, 21150, and 21765.

Howard County, MD is considered part of the following metro FMR area: BALTIMORE-COLUMBIA-TOWSON, MD MSA.

Other counties in the same metro FMR area are: Anne Arundel County, MD, Baltimore County, MD, Carroll County, MD, Harford County, MD, Queen Anne's County, MD, and Baltimore city, MD.

More on Howard County, MD

Citation

Link to this Page:

Questions or Comments? Contact us

Data Source

HUD Seal

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