Logo Cumberland Fair Market Rent FY 2014 Cumberland, MD-WV MSA Rental Data

Fair Market Rent Prices in Cumberland, MD :
$454 $537 $637 $867 $988
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Metro Area

Fair Market Rent prices in Cumberland are average compared to the national average. This FMR area is more expensive than 52% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Cumberland is $637 per month.

The previous year, rent for a two-bedroom home was $632 per month. This is a 0.79% increase year-over-year.

This FMR rate applies to Spring Gap, MD, Eckhart Mines, MD, Pinto, MD, Luke, MD, Midlothian, MD, Midland, MD, Corriganville, MD, Little Orleans, MD, Ellerslie, MD, Barton, MD and other cities within the region. The Metro Code or CBSA code for this region is METRO19060M19060.

Additionally, This Fair Market Rent (FMR) area Cumberland, MD-WV MSA spans one county or city in Maryland which is listed in the table below. Estimated population of Cumberland, MD-WV MSA FMR area is 75,087 people based on latest Census data.

Compared to the rest of Maryland, the Cumberland FMR area is less expensive than 100% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Cumberland. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Cumberland

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 454
1-BR 1-Bedroom $ 537
2-BR 2-Bedroom $ 637
3-BR 3-Bedroom $ 867
4-BR 4-Bedroom $ 988
Change Year:

There is just one county (listed below) within the Cumberland, MD-WV MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Washington, Dc (Hagrstwn).

County / Region Est. Population
Cumberland, MD Metro 75,087
Zip Codes in Cumberland, MD-WV MSA

There are 23 unique zip codes in this Fair Market Rent (FMR) area:

21501, 21502, 21503, 21504, 21505, 21521, 21524, 21528, 21529, 21530, 21532, 21539, 21540, 21542, 21543, 21545, 21555, 21556, 21557, 21560, 21562, 21750 and 21766

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