Maryland
Garrett County
ZIP 21550
28,713 residents145 permits TTM$69,031 median HHI11 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$217,000
ACS 5-Year
Cap rate proxy
3.9%
FMR × 0.65 ÷ Home Value
Rent-to-income
12.3%
HUD FMR ÷ ACS HHI
Net migration
+0.49%
IRS SOI
Permits (TTM)
145
Census BPS
Climate risk
16.0
FEMA NRI (0–100)
ZIP 21550
Median home value
$292,515
Gross yield
4.0%
Cap rate
2.9%
Rent gap
27.0%
Affordability
P/I: 4.2R/I: —
Section 8 detail
SAFMR: $973Rent: $710Gap: 37.0%
ZIP code breakdown11 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate | Rent gap |
|---|---|---|---|---|---|
| 21520 | $307,644 | $973 | 3.8% | 2.8% | 27.0% |
| 21521 | $112,744 | $973 | 10.4% | 7.6% | 27.0% |
| 21523 | $217,000county est. | $973 | 5.4% | 3.9% | 27.0% |
| 21531 | $213,979 | $973 | 5.5% | 4.0% | 27.0% |
| 21536 | $235,446 | $973 | 5.0% | 3.6% | 27.0% |
Ranked by composite score
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Demographics
Owner-occupied
81.0%
Census ACS
Vacancy rate
32.3%
Census ACS
Bachelor's degree +
24.6%
Census ACS
Rent burdened
23.5%
Census ACS (>30% income)
Median age
48.1
Census ACS
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