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Rent by ZIP · Howard County

Rent in Laurel, MD 20723

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,510 (+8.2% vs FY2026). Renters in this ZIP code pay a median $2,111 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,910$1,700+12.4%$1,719–2,101–
1 bedroom$2,030$1,890+7.4%$1,827–2,233$1,742 ±$96
2 bedrooms$2,510$2,320+8.2%$2,259–2,761$2,136 ±$101
3 bedrooms$3,140$2,950+6.4%$2,826–3,454$2,529 ±$429
4 bedrooms$3,490$3,260+7.1%$3,141–3,839$2,852 ±$149

Small Area FMRs for the Baltimore-Columbia-Towson, MD MSA. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Baltimore-Columbia-Towson, MD MSA, 2 bedrooms: $2,006.

What renters pay in 20723

Median gross rent$2,111±$92 · all sizes
Renter households3,88731% of occupied homes
No cash rent19households

How rents are spread

Under $1,0001%
$1,000–1,4994%
$1,500–1,99937%
$2,000–2,49938%
$2,500–2,9998%
$3,000–3,4996%
$3,500+6%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
20722Brentwood$2,240$2,208
20724Laurel$2,840$2,310
20721Bowie$2,950$2,254
20720Bowie$3,610–
20716Bowie$2,610$2,277
20715Bowie$2,960–

Fair Market Rents across Howard County, MD · All MD counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.