FY2026 Fair Market Rents — Howard County
Studio
$1,362
1BR
$1,511
2BR
$1,857
3BR
$2,358
4BR
$2,611
Howard County, Maryland
FIPS 24027 · County-level FMR and income limit data
FMR Area: Baltimore-Columbia-Towson, MD MSA
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 |
To afford the FY2026 2-bedroom FMR of $1,857/mo under the 30%-of-income rule, a household needs about
$74,280/yr ($6,190/mo). Area Median Income is $134,000.
At MD's state minimum wage of $15.00/hr, a worker would need to work 96 hours/week to afford that rent.
Recent FMR Trend
| 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 |
FY2026 Income Limits
Area Median Income: $134,000
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $28,150 | $32,200 | $36,200 | $40,200 | $43,450 | $46,650 |
| 50% AMI | $46,900 | $53,600 | $60,300 | $67,000 | $72,400 | $77,750 |
| 80% AMI | $74,800 | $85,450 | $96,150 | $106,800 | $115,350 | $123,900 |