RentData.org

RentData.org Logo Somerset County Fair Market Rent FY 2019 Somerset County, MD HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Somerset County, MD :
$552 $718 $822 $1,107 $1,111
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 Somerset County are average compared to the national average. This FMR area is more expensive than 73% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Somerset County is $822 per month.

The previous year, rent for a two-bedroom home was $763 per month. This is a 7.73% increase year-over-year.

This FMR rate applies to Rehobeth, MD, Tylerton, MD, Ewell, MD, Upper Fairmount, MD, Manokin, MD, Deal Island, MD, Westover, MD, Marion Station, MD, Eden, MD, Crisfield, MD and other cities within the region. The Metro Code or CBSA code for this region is METRO41540N24039.

Additionally, This Fair Market Rent (FMR) area Somerset County, MD HUD Metro FMR Area spans one county or city in Maryland which is listed in the table below. Estimated population of Somerset County, MD HUD Metro FMR Area FMR area is 26,470 people based on 2010 Census data.

Compared to the rest of Maryland, the Somerset County FMR area is less expensive than 80% of the state.

Maryland Rents Map

Click on the map to view more another region.

See Nationwide Map

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 Somerset County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Somerset County

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 $
1-BR 1-Bedroom $
2-BR 2-Bedroom $
3-BR 3-Bedroom $
4-BR 4-Bedroom $
Change Year:

There is just one county (listed below) within the Somerset County, 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
Somerset County, MD Metro 26,470
Zip Codes in Somerset County, MD HUD Metro FMR Area

There are 13 unique zip codes in this Fair Market Rent (FMR) area:

21817, 21821, 21822, 21824, 21836, 21838, 21851, 21853, 21857, 21866, 21867, 21871 and 21890

Lookup Fair Market Rent by Zip Code
Top