Caroline County, MD

2025 Fair Market Rents

Tags: 2025 Maryland

Return to the state page to see where Maryland ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in Caroline County are Denton, Federalsburg, Preston, and Greensboro. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Caroline County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Caroline County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Caroline County compare?

Caroline County ($1,295) has a 24.5% lower FMR for 2-Bedroom housing than the average of Maryland ($1,716) and therefore has a lower gross rent.

Caroline County is rank 17th out of 24 counties. This means the FMRs, or in other words, the gross rent is lower than 16 other counties. Caroline County is the 8th cheapest county in terms of FMRs.

Rent Tables Caroline County, MD

Fair Market Rent (40th Percentile)

$981
studio
$987
1-Bedroom
$1,295
2-Bedroom
$1,688
3-Bedroom
$2,153
4-Bedroom

Median Rent (50th Percentile)

$1,041
studio
$1,048
1-Bedroom
$1,375
2-Bedroom
$1,792
3-Bedroom
$2,286
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
21640 $1,250 $1,430 $1,750 $2,270 $2,570
21649 $1,390 $1,430 $1,850 $2,410 $3,000
21657 $1,610 $1,840 $2,260 $2,930 $3,320
21629 $1,070 $1,070 $1,410 $1,840 $2,340
21632 $910 $920 $1,190 $1,580 $1,990
21636 $1,070 $1,090 $1,410 $1,860 $2,310
21639 $990 $1,000 $1,310 $1,710 $2,180
21640 $1,250 $1,430 $1,750 $2,270 $2,570
21641 $840 $850 $1,110 $1,510 $1,860
21649 $1,390 $1,430 $1,850 $2,410 $3,000
21655 $1,020 $1,030 $1,350 $1,760 $2,240
21657 $1,610 $1,840 $2,260 $2,930 $3,320
21660 $890 $900 $1,180 $1,540 $1,960
21632 $910 $920 $1,190 $1,580 $1,990
21655 $1,020 $1,030 $1,350 $1,760 $2,240
21657 $1,610 $1,840 $2,260 $2,930 $3,320
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
21640 $1,125 $1,287 $1,575 $2,043 $2,313
21649 $1,251 $1,287 $1,665 $2,169 $2,700
21657 $1,449 $1,656 $2,034 $2,637 $2,988
21629 $963 $963 $1,269 $1,656 $2,106
21632 $819 $828 $1,071 $1,422 $1,791
21636 $963 $981 $1,269 $1,674 $2,079
21639 $891 $900 $1,179 $1,539 $1,962
21640 $1,125 $1,287 $1,575 $2,043 $2,313
21641 $756 $765 $999 $1,359 $1,674
21649 $1,251 $1,287 $1,665 $2,169 $2,700
21655 $918 $927 $1,215 $1,584 $2,016
21657 $1,449 $1,656 $2,034 $2,637 $2,988
21660 $801 $810 $1,062 $1,386 $1,764
21632 $819 $828 $1,071 $1,422 $1,791
21655 $918 $927 $1,215 $1,584 $2,016
21657 $1,449 $1,656 $2,034 $2,637 $2,988
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
21640 $1,375 $1,573 $1,925 $2,497 $2,827
21649 $1,529 $1,573 $2,035 $2,651 $3,300
21657 $1,771 $2,024 $2,486 $3,223 $3,652
21629 $1,177 $1,177 $1,551 $2,024 $2,574
21632 $1,001 $1,012 $1,309 $1,738 $2,189
21636 $1,177 $1,199 $1,551 $2,046 $2,541
21639 $1,089 $1,100 $1,441 $1,881 $2,398
21640 $1,375 $1,573 $1,925 $2,497 $2,827
21641 $924 $935 $1,221 $1,661 $2,046
21649 $1,529 $1,573 $2,035 $2,651 $3,300
21655 $1,122 $1,133 $1,485 $1,936 $2,464
21657 $1,771 $2,024 $2,486 $3,223 $3,652
21660 $979 $990 $1,298 $1,694 $2,156
21632 $1,001 $1,012 $1,309 $1,738 $2,189
21655 $1,122 $1,133 $1,485 $1,936 $2,464
21657 $1,771 $2,024 $2,486 $3,223 $3,652

Fair Market Rents on this page apply to the following cities in Caroline County, Maryland: Denton, Federalsburg, Preston, Greensboro, Ridgely, Henderson, Marydel, Queen Anne, Goldsboro, Bethlehem, and Hillsboro.

These Fair Market Rents also apply to the following ZIP codes in Caroline County, Maryland: 21629, 21632, 21655, 21639, 21660, 21640, 21649, 21657, 21636, 21609, and 21641.

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Data Source

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Fair Market Rents are published by the Department of Housing And Urban Development.