Logo Salisbury Fair Market Rent FY 2024 Salisbury, MD HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Salisbury, MD :
$991 $998 $1,311 $1,739 $1,746
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Salisbury are high compared to the national average. This FMR area is more expensive than 87% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Salisbury is $1,311 per month.

The previous year, rent for a two-bedroom home was $1,134 per month. This is a 15.61% increase year-over-year.

This FMR rate applies to Allen, MD, Bivalve, MD, Tyaskin, MD, Nanticoke, MD, Powellville, MD, Sharptown, MD, Quantico, MD, Willards, MD, Mardela Springs, MD, Pittsville, MD and other cities within the region. The Metro Code or CBSA code for this region is METRO41540M41540.

Additionally, This Fair Market Rent (FMR) area Salisbury, MD HUD Metro FMR Area spans one county or city in Maryland which is listed in the table below. Estimated population of Salisbury, MD HUD Metro FMR Area FMR area is 103,222 people based on latest Census data.

Compared to the rest of Maryland, the Salisbury FMR area is less expensive than 54% 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 Salisbury. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Salisbury

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 $ 1080
1-BR 1-Bedroom $ 1087
2-BR 2-Bedroom $ 1428
3-BR 3-Bedroom $ 1895
4-BR 4-Bedroom $ 1902
Change Year:

There is just one county (listed below) within the Salisbury, MD HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Salisbury.

County / Region Est. Population
Salisbury, MD Metro 103,222
Zip Codes in Salisbury, MD HUD Metro FMR Area

There are 18 unique zip codes in this Fair Market Rent (FMR) area:

21801, 21802, 21803, 21804, 21810, 21814, 21826, 21830, 21837, 21840, 21849, 21850, 21852, 21856, 21861, 21865, 21874 and 21875

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