Baltimore-Columbia-Towson, MD · Maryland

Anne Arundel County

ZIP 21240

590,936 residents1,497 permits TTM$120,324 median HHI37 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$450,300

ACS 5-Year

Cap rate proxy

5.3%

FMR × 0.65 ÷ Home Value

Rent-to-income

19.8%

HUD FMR ÷ ACS HHI

Net migration

+2.61%

IRS SOI

Permits (TTM)

1,497

Census BPS

Climate risk

81.9

FEMA NRI (0–100)

ZIP 21240

Median home value

Gross yield

Cap rate

5.3%

Rent gap

Affordability

P/I: 3.7R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown37 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
212257.3%
211226.5%
207246.3%-23.4%
211136.2%
210376.1%
207145.9%12.3%
211145.7%
207645.7%
210605.6%
210905.6%
210765.5%
207335.4%
210125.3%
207555.3%
207585.3%4.8%
207655.3%
210565.3%
210775.3%
212405.3%
214025.3%
214055.3%
210615.3%
210545.0%
211444.9%
207514.7%
214014.3%
214094.1%
214034.0%
211084.0%
207113.9%
207793.8%
207783.7%
211403.7%
210323.7%
211463.3%
207763.2%
210352.5%

Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.

Demographics

Owner-occupied

75.0%

Census ACS

Vacancy rate

4.8%

Census ACS

Bachelor's degree +

45.2%

Census ACS

Rent burdened

45.8%

Census ACS (>30% income)

Median age

39.0

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026