JeffCroweCRE

Housing market/Maryland/ZIP 21734

ACS 2023 · FY2027 SAFMR

ZIP 21734 Funkstown, Maryland

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

Population
826
Households
456
Median HH income
$58,438
Renter share
39.3%
Median gross rent
$802
Vacancy
6.4%
Pop. change
+18.9%
2BR SAFMR
$1,140
SAFMR / rent
1.421×
2–49 unit stock
116
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 21734 · MD — sent to you.

ZIP 21734 · MD

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ACS rent vs 2BR SAFMR

ZIP 21734 — Funkstown, MD HUD Section 8 Payment Standards / SAFMR →
ACS median rent$802
2BR SAFMR$1,140
90% floor$1,026
110% ceiling$1,254

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

Housing stock

ACS 2023 units-in-structure · ZCTA 21734

  • 1-unit detached28157.7%
  • 1-unit attached438.8%
  • 2–4 units7515.4%
  • 5–49 units418.4%
  • Mobile479.7%
TypeUnitsShare
1-unit detached28157.7%
1-unit attached438.8%
2 units (duplex)347.0%
3–4 units418.4%
5–9 units224.5%
10–19 units193.9%
20–49 units00.0%
50+ units00.0%
Mobile479.7%

2–4 unit share 15.4% · 5–49 unit share 8.4% · combined 2–49 23.8%.

Units by bedrooms

Studio
21
1BR
41
2BR
232
3BR
138
4BR
26
5+
29

Rent burden

Rent ≥30% of income33.0%
Rent ≥50% of income8.9%
  • ACS median gross rent $802 (all bedrooms, occupied rentals).
  • Median contract rent $685.
  • Renters paying ≥30% of income 33.0%; ≥50% 8.9%.
  • FY2027 2BR SAFMR $1,140 (1.421× ACS median gross rent).

Population

826 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +18.9%.

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

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 172 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 21734 39.3% of occupied households are renters; vacancy is 6.4%; ACS median gross rent is $802; population increased +18.9% between the 2018 and 2023 ACS vintages; the housing stock includes 75 units in 2–4-unit structures and 41 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,140 versus ACS median gross rent of $802. 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 21734 is a Census / HUD profile for Hagerstown, MD. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 21734 — Funkstown, MD HUD Section 8 Payment Standards / SAFMR·Maryland ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
21711Hagerstown, MD HUD Metro FMR Area0.0%—$1,14021715Hagerstown, MD HUD Metro FMR Area0.0%—$2,04021720Hagerstown, MD HUD Metro FMR Area——$1,28021722Hagerstown, MD HUD Metro FMR Area11.2%$877$1,14021733Hagerstown, MD HUD Metro FMR Area14.0%—$1,32021740Hagerstown, MD HUD Metro FMR Area44.8%$1,031$1,26021742Hagerstown, MD HUD Metro FMR Area33.4%$1,267$1,48021746Hagerstown, MD HUD Metro FMR Area——$1,26021756Hagerstown, MD HUD Metro FMR Area4.8%$1,345$1,57021767Hagerstown, MD HUD Metro FMR Area44.3%$834$1,14021779Hagerstown, MD HUD Metro FMR Area42.6%$1,208$1,71021781Hagerstown, MD HUD Metro FMR Area——$1,260

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 21734?

ZIP 21734 (Hagerstown, MD HUD Metro FMR Area) has 826 residents, 456 households, a renter share of 39.3%, median household income of $58,438, and ACS 2023 median gross rent of $802. Vacancy is 6.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 21734?

ACS counts 34 units in 2-unit buildings, 41 in 3–4 unit buildings, 22 in 5–9, 19 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 116 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 21734?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,140. See the full schedule and 90–110% payment-standard band on the ZIP 21734 — Funkstown, MD HUD Section 8 Payment Standards / SAFMR.

Does this Maryland ZIP profile include Georgia listings?

No. ZIP 21734 is Census / HUD research for Hagerstown, MD HUD Metro FMR Area. 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.