What is the Fair Market Rent in Olney, MD?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $2,300 to $3,000 a month across the 2 ZIP codes that cover Olney.
By ZIP code: 20832 $3,000, 20853 $2,300.
Across the whole Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area the two-bedroom figure is $2,438.
The Census Bureau’s median gross rent for a two-bedroom home in Olney is $1,877 (±$328), below the Small Area figure for ZIP 20832.
Figures last updated on .
- 2 bedrooms, whole area
- $2,438
- 2 bedrooms, ZIP 20832
- $3,000
- 2 bedrooms, ZIP 20853
- $2,300
Fair Market Rents for Olney, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms | Census median rent | |
|---|---|---|---|---|---|---|
| Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area (whole area) | $2,111 | $2,204 | $2,438 | $3,107 | $3,658 | — |
| ZIP 20832 (99% of the ZIP’s land is in this place) | $2,600 | $2,710 | $3,000 | $3,820 | $4,500 | $2,453 |
| ZIP 20853 (32% of the ZIP’s land is in this place) | $1,990 | $2,080 | $2,300 | $2,930 | $3,450 | $1,861 |
A Fair Market Rent is HUD’s estimate of the gross rent (shelter plus utilities) of a modest rental home in the area.
Whether a housing authority uses the ZIP code (Small Area) figures or the area-wide one depends on whether HUD has designated the area for Small Area FMRs or the authority has opted in; ask the local housing authority which applies.
Olney is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
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Questions about Olney
What is the Section 8 payment standard in Olney?
Housing authorities set payment standards between 90% and 110% of HUD’s Fair Market Rent; for fiscal year 2027, the two-bedroom Fair Market Rent for the Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area is $2,438, and the Small Area figure for 20832 is $3,000.
What is the Fair Market Rent for a two-bedroom in ZIP 20832?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 20832 is $3,000 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $2,453 (±$325).
What is the Fair Market Rent for a two-bedroom in ZIP 20853?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 20853 is $2,300 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,861 (±$397).
What is the Fair Market Rent for a one-bedroom in Olney?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 20832 is $2,710 a month, against $2,204 across the Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area.
Sources
- HUD Fair Market Rents, fiscal year 2027: Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
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