Somerset County, MD

2024 Fair Market Rents

Tags: 2024 Somerset County, MD HUD Metro FMR Area

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 Somerset County are Princess Anne, Pocomoke City, Crisfield, and Eden. 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 Somerset County use?

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

Somerset County ($1,100) has a 32.2% lower FMR for 2-Bedroom housing than the average of Maryland ($1,622) and therefore has a lower gross rent.

Somerset County is rank 22nd out of 24 counties. This means the FMRs, or in other words, the gross rent is lower than 21 other counties. Somerset County is the 3rd cheapest county in terms of FMRs.

Rent Tables Somerset County, MD

Fair Market Rent (40th Percentile)

$832
studio
$837
1-Bedroom
$1,100
2-Bedroom
$1,458
3-Bedroom
$1,465
4-Bedroom

Median Rent (50th Percentile)

$915
studio
$921
1-Bedroom
$1,210
2-Bedroom
$1,604
3-Bedroom
$1,611
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
21822 $780 $780 $1,030 $1,360 $1,500
21817 $820 $820 $1,080 $1,430 $1,440
21821 $980 $980 $1,290 $1,710 $1,720
21822 $780 $780 $1,030 $1,360 $1,500
21824 $830 $840 $1,100 $1,460 $1,460
21838 $800 $810 $1,040 $1,390 $1,420
21851 $810 $830 $950 $1,330 $1,500
21853 $840 $840 $1,110 $1,470 $1,480
21866 $830 $840 $1,100 $1,460 $1,460
21867 $790 $790 $1,040 $1,380 $1,390
21871 $790 $790 $1,040 $1,380 $1,390
21890 $790 $790 $1,040 $1,380 $1,390
21822 $780 $780 $1,030 $1,360 $1,500
21851 $810 $830 $950 $1,330 $1,500
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
21822 $702 $702 $927 $1,224 $1,350
21817 $738 $738 $972 $1,287 $1,296
21821 $882 $882 $1,161 $1,539 $1,548
21822 $702 $702 $927 $1,224 $1,350
21824 $747 $756 $990 $1,314 $1,314
21838 $720 $729 $936 $1,251 $1,278
21851 $729 $747 $855 $1,197 $1,350
21853 $756 $756 $999 $1,323 $1,332
21866 $747 $756 $990 $1,314 $1,314
21867 $711 $711 $936 $1,242 $1,251
21871 $711 $711 $936 $1,242 $1,251
21890 $711 $711 $936 $1,242 $1,251
21822 $702 $702 $927 $1,224 $1,350
21851 $729 $747 $855 $1,197 $1,350
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
21822 $858 $858 $1,133 $1,496 $1,650
21817 $902 $902 $1,188 $1,573 $1,584
21821 $1,078 $1,078 $1,419 $1,881 $1,892
21822 $858 $858 $1,133 $1,496 $1,650
21824 $913 $924 $1,210 $1,606 $1,606
21838 $880 $891 $1,144 $1,529 $1,562
21851 $891 $913 $1,045 $1,463 $1,650
21853 $924 $924 $1,221 $1,617 $1,628
21866 $913 $924 $1,210 $1,606 $1,606
21867 $869 $869 $1,144 $1,518 $1,529
21871 $869 $869 $1,144 $1,518 $1,529
21890 $869 $869 $1,144 $1,518 $1,529
21822 $858 $858 $1,133 $1,496 $1,650
21851 $891 $913 $1,045 $1,463 $1,650

Fair Market Rents on this page apply to the following cities in Somerset County, Maryland: Princess Anne, Pocomoke City, Crisfield, Eden, Marion Station, Westover, Deal Island, Ewell, Manokin, Rehobeth, Tylerton, and Upper Fairmount.

These Fair Market Rents also apply to the following ZIP codes in Somerset County, Maryland: 21853, 21851, 21817, 21822, 21838, 21871, 21821, 21824, 21836, 21857, 21866, 21867, and 21890.

Somerset County, MD is considered part of the following metro FMR area: SOMERSET COUNTY, MD HUD METRO FMR AREA.

More on Somerset County, MD

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