What is the Fair Market Rent for a 2-bedroom in Baltimore-Columbia-Towson, MD MSA?

The HUD Fair Market Rent for a 2-bedroom unit in Baltimore-Columbia-Towson, MD MSA is $1,857 per month for fiscal year 2026. The studio FMR is $1,362, 1-bedroom is $1,511, 3-bedroom is $2,358, and 4-bedroom is $2,611.

What income do you need to afford the FMR in Baltimore-Columbia-Towson, MD MSA?

Using the standard 30%-of-income affordability rule, a household would need to earn about $74,280 per year ($6,190 per month) to afford the FY2026 2-bedroom Fair Market Rent of $1,857 in Baltimore-Columbia-Towson, MD MSA.

FY2026 Fair Market Rents — Baltimore-Columbia-Towson, MD MSA

The HUD-published Fair Market Rents for FY2026 in this area are:

Studio

$1,362

1BR

$1,511

2BR

$1,857

3BR

$2,358

4BR

$2,611

Hours/week at min wage

96 hrs

to afford the 2BR FMR @ $15.00/hr (MD)

YoY change (2BR)

-5.5%

$108 vs FY2025 · 5-yr +34.2%

Voucher payment standard

$1,671–$2,043

PHAs set HCV payment at 90–110% of the 2BR FMR

Baltimore-Columbia-Towson, MD MSA

Non-Metropolitan area · MD · View full history · Income limits · LIHTC rents

FY2026 Fair Market Rents

Bedroom Size	Monthly FMR	Annual Equivalent
Efficiency (Studio)	$1,362	$16,344
1-Bedroom	$1,511	$18,132
2-Bedroom	$1,857	$22,284
3-Bedroom	$2,358	$28,296
4-Bedroom	$2,611	$31,332

Recent 2-Bedroom FMR Trend

FY2020 $1,376 → FY2026 $1,857

Fiscal Year	Studio	1BR	2BR	3BR	4BR
FY2026	$1,362	$1,511	$1,857	$2,358	$2,611
FY2025	$1,407	$1,604	$1,965	$2,529	$2,826
FY2024	$1,379	$1,582	$1,943	$2,519	$2,849
FY2023	$1,082	$1,254	$1,548	$2,009	$2,298
FY2022	$953	$1,124	$1,395	$1,809	$2,075
FY2021	$917	$1,115	$1,384	$1,793	$2,053
FY2020	$897	$1,105	$1,376	$1,781	$2,037

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $134,000

AMI Level	1p	2p	3p	4p	5p	6p
30% AMI (Extremely Low)	$28,150	$32,200	$36,200	$40,200	$43,450	$46,650
50% AMI (Very Low)	$46,900	$53,600	$60,300	$67,000	$72,400	$77,750
80% AMI (Low)	$74,800	$85,450	$96,150	$106,800	$115,350	$123,900

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR

$22,284/yr

FMR as % of Area Median Income

16.6% of AMI

Under 30% — affordable at median income

Income Needed (30% rule, 2BR)

$74,280/yr

$6,190/mo gross income

FY2026 LIHTC Maximum Rents

Maximum gross rents for Low-Income Housing Tax Credit units, by income band. Full LIHTC details →

AMI Band	Studio	1BR	2BR	3BR	4BR
50% AMI Maximum	$1,172	$1,340	$1,507	$1,809	$1,943
60% AMI Maximum	$1,407	$1,608	$1,809	$2,170	$2,331

FY2026 HOME Program Rent Limits

Maximum rents for HOME Investment Partnerships–funded units. High HOME rents apply to most assisted units; Low HOME rents apply to the lowest-income set-aside units. Full HOME rent details →

Limit Type	Studio	1BR	2BR	3BR	4BR
High HOME Rent	$1,362	$1,511	$1,857	$2,177	$2,177
Low HOME Rent	$1,172	$1,340	$1,507	$1,675	$1,810

Compare Baltimore-Columbia-Towson, MD MSA With Other MD Metros

vs. Baltimore-Columbia-Towson, MD MSA vs. California-Lexington Park, MD MSA vs. Calvert County, MD HUD Metro FMR Area vs. Cumberland, MD-WV MSA vs. Hagerstown, MD HUD Metro FMR Area