HUD Sets Fiscal Year 2017 FMR

Posted By: Tommy Tompsett

The U.S. Department of Housing and Urban Development (HUD) has published its final fiscal year 2017 fair market rents (FMR) for Maryland.  The Baltimore-Columbia-Towson metropolitan area, which includes Anne Arundel County, Baltimore County, Carroll County, Harford County, Howard County, Queen Anne's County, and Baltimore City, will see a 6% or more increase in FMR:

 

Final FY 2017 FMRs By Unit Bedrooms

 

Efficiency

One Bedroom

Two-Bedroom

Three-Bedroom

Four-Bedroom

Final FY 2017 FMR

$903

$1,097

$1,376

$1,769

$2,072

Final FY 2016 FMR

$851

$1,033

$1,298

$1,663

$1,934

Percentage Change

6.1%

6.2%

6.0%

6.4%

7.1%

 

 A county by county breakdown of FMR in Maryland for fiscal year 2017 is as follows:

 

Final FY2017 Maryland FMR Local Area Summary

Locality Name

Metropolitan Area Name

Efficiency

One-Bedroom

Two-Bedroom

Three-Bedroom

Four-Bedroom

Allegany County

Cumberland, MD-WV MSA

$511

$592

$683

$934

$1,193

Anne Arundel County

Baltimore-Columbia-Towson, MD MSA

$903

$1,097

$1,376

$1,769

$2,072

Baltimore City

Baltimore-Columbia-Towson, MD MSA

$903

$1,097

$1,376

$1,769

$2,072

Baltimore County

Baltimore-Columbia-Towson, MD MSA

$903

$1,097

$1,376

$1,769

$2,072

Calvert County

Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area

$1,440

$1,513

$1,746

$2,300

$2,855

Caroline County

Caroline County, MD

$702

$706

$939

$1,308

$1,450

Carroll County

Baltimore-Columbia-Towson, MD MSA

$903

$1,097

$1,376

$1,769

$2,072

Cecil County

Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA

$845

$1,003

$1,211

$1,515

$1,686

Charles County

Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area

$1,440

$1,513

$1,746

$2,300

$2,855

Dorchester County

Dorchester County, MD

$763

$776

$924

$1,250

$1,274

Frederick County

Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area

$1,440

$1,513

$1,746

$2,300

$2,855

Garrett County

Garrett County, MD

$482

$606

$759

$982

$1,266

Harford County

Baltimore-Columbia-Towson, MD MSA

$903

$1,097

$1,376

$1,769

$2,072

Howard County

Baltimore-Columbia-Towson, MD MSA

$903

$1,097

$1,376

$1,769

$2,072

Kent County

Kent County, MD

$840

$846

$1,124

$1,406

$1,980

Montgomery County

Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area

$1,440

$1,513

$1,746

$2,300

$2,855

Prince George's County

Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area

$1,440

$1,513

$1,746

$2,300

$2,855

Queen Anne's County

Baltimore-Columbia-Towson, MD MSA

$903

$1,097

$1,376

$1,769

$2,072

Somerset County

Somerset County, MD HUD Metro FMR Area

$496

$636

$734

$1,048

$1,052

St. Mary's County

California-Lexington Park, MD MSA

$887

$1,080

$1,260

$1,699

$2,167

Talbot

Talbot County, MD

$895

$901

$1,198

$1,499

$1,797

Washington County

Hagerstown, MD HUD Metro FMR Area

$551

$658

$868

$1,189

$1,487

Wicomico County

Salisbury, MD HUD Metro FMR Area

$639

$712

$946

$1,193

$1,602

Worcester County

Worcester County, MD HUD Metro FMR Area

$665

$719

$956

$1,260

$1,684