Housing market/Maryland/ZIP 21620

ACS 2023 · FY2027 SAFMR

ZIP 21620 Chestertown, Kent County, Maryland

Kent County, MD · Maryland. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
13,533
Households
5,674
Median HH income
$76,094
Renter share
29.0%
Median gross rent
$1,149
Vacancy
9.3%
Pop. change
+2.9%
2BR SAFMR
$1,680
SAFMR / rent
1.462×
2–49 unit stock
778
LIHTC proj / units
9 / 418
HUD assisted MF
4 / 120

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 21620 · MD — sent to you.

ZIP 21620 · MD

ACS median rent$1,149
2BR SAFMR$1,680
90% floor$1,512
110% ceiling$1,848

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 21620

  • 1-unit detached4,71175.5%
  • 1-unit attached3986.4%
  • 2–4 units3866.2%
  • 5–49 units3926.3%
  • 50+ units1782.9%
  • Mobile1752.8%
TypeUnitsShare
1-unit detached4,71175.3%
1-unit attached3986.4%
2 units (duplex)621.0%
3–4 units3245.2%
5–9 units2614.2%
10–19 units831.3%
20–49 units480.8%
50+ units1782.8%
Mobile1752.8%

2–4 unit share 6.2% · 5–49 unit share 6.3% · combined 2–49 12.4%.

Units by bedrooms

Studio
54
1BR
380
2BR
1,112
3BR
3,427
4BR
1,050
5+
236

Rent burden

Rent ≥30% of income55.5%
Rent ≥50% of income24.8%
  • ACS median gross rent $1,149 (all bedrooms, occupied rentals).
  • Median contract rent $989.
  • Renters paying ≥30% of income 55.5%; ≥50% 24.8%.
  • FY2027 2BR SAFMR $1,680 (1.462× ACS median gross rent).

Population

13,533 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +2.9%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 9 projects, 418 units.
  • HUD project-based assisted MF: 4 properties, 120 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 11 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 21620 29.0% of occupied households are renters; vacancy is 9.3%; ACS median gross rent is $1,149; population increased +2.9% between the 2018 and 2023 ACS vintages; the housing stock includes 386 units in 2–4-unit structures and 392 units in 5–49-unit structures; 9 LIHTC projects totaling 418 units; FY2027 2BR SAFMR is $1,680 versus ACS median gross rent of $1,149. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Maryland research

ZIP 21620 is a Census / HUD profile for Kent County, MD. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Maryland research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 21620?

ZIP 21620 (Kent County, MD) has 13,533 residents, 5,674 households, a renter share of 29.0%, median household income of $76,094, and ACS 2023 median gross rent of $1,149. Vacancy is 9.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 21620?

ACS counts 62 units in 2-unit buildings, 324 in 3–4 unit buildings, 261 in 5–9, 83 in 10–19, and 48 in 20–49. Combined 2–49 unit stock is 778 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 21620?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,680. See the full schedule and 90–110% payment-standard band on the ZIP 21620 — Chestertown, MD HUD Section 8 Payment Standards / SAFMR.

Does this Maryland ZIP profile include Georgia listings?

No. ZIP 21620 is Census / HUD research for Kent County, MD. Jeff Crowe CRE does not list Maryland property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.