Rental numbers for Allegany County, MD
The typical home here runs -$393 a month at 7.78% with 25% down, breaking even at about 2.4%. 0 of 2 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.9%.
- Gross yield
- 7.7%
- typical home, Zillow
- Median ZIP yield
- 6.9%
- 2 ZIPs with full data
- Cash flow
- -$393/mo
- at 7.78%, 25% down
- Typical price
- $158,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,018/mo
- Zillow ZORI, Aug 2026
ZIP codes in Allegany County
11 with published figures
| 21562Westernport | $96,000 | $970* | 12.2% | 6.4% | -$4 | n/a |
| 21539Lonaconing | $107,000 | $970* | 10.9% | 5.8% | -$62 | n/a |
| 21545Mount Savage | $130,000 | $970* | 9.0% | 4.5% | -$214 | n/a |
| 21502Cumberland | $158,000 | $1,000 | 7.6% | 3.4% | -$409 | +5.1% |
| 21529Cumberland | $180,000 | $1,130* | 7.5% | 3.6% | -$434 | n/a |
| 21530Flintstone | $232,000 | $1,420* | 7.3% | 3.5% | -$567 | n/a |
| 21557Rawlings | $187,000 | $1,040* | 6.7% | 2.7% | -$584 | n/a |
| 21524Cumberland | $191,000 | $1,020* | 6.4% | 3.0% | -$554 | n/a |
| 21555Oldtown | $210,000 | $1,110* | 6.3% | 2.8% | -$649 | n/a |
| 21532Frostburg | $182,000 | $948 | 6.3% | 2.4% | -$609 | n/a |
| 21766Little Orleans | $234,000 | $970* | 5.0% | 1.7% | -$927 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +3.6%
- Rent, 12 months
- +5.1%
- Rent minus price growth
- +1.4 pts
- Property tax
- 1.06%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $127,248 | n/a |
| Aug 2022 | $138,450 | n/a |
| Aug 2023 | $140,927 | $835 |
| Aug 2024 | $143,947 | $913 |
| Aug 2025 | $152,812 | $969 |
| Aug 2026 | $158,340 | $1,018 |
HUD Fair Market Rent
FY2027, Allegany County, MD
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $862 | $888 | $1,014 | $1,383 | $1,468 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 1.2
- 32 units, last 12 months
- National percentile
- 18th
- among US counties
Tools
Test a listing in Allegany County against today's rate.
Open the calculatorPart of the Cumberland, MD metro.
Questions
- Is Allegany County good for rental property?
- The typical home here runs -$393 a month at 7.78% with 25% down, breaking even at about 2.4%. 0 of 2 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.9%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Allegany County?
- About 1.06% of value, from Census ACS median taxes paid over median home value. On a $158,000 home that is about $1,672 a year.
- What is Fair Market Rent in Allegany County?
- HUD's FY2027 Fair Market Rent here is $888 for a 1-bedroom, $1,014 for a 2-bedroom and $1,383 for a 3-bedroom. Typical cash flow at today's rate is -$393 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.