Rental numbers for Caroline County, MD
Zillow does not publish enough data to estimate cash flow for this county.
- Gross yield
- n/a
- no Zillow rent index
- Median ZIP yield
- n/a
- 0 ZIPs with full data
- Cash flow
- n/a
- at 7.78%, 25% down
- Typical price
- $330,000
- Zillow ZHVI, Aug 2026
- Typical rent
- n/a
- Zillow ZORI, Aug 2026
ZIP codes in Caroline County
8 with published figures
| 21649Marydel | $318,000 | $1,990* | 7.5% | 4.0% | -$646 | n/a |
| 21632Federalsburg | $244,000 | $1,210* | 5.9% | 2.6% | -$793 | n/a |
| 21640Henderson | $398,000 | $1,840* | 5.5% | 2.4% | -$1,336 | n/a |
| 21636Goldsboro | $338,000 | $1,530* | 5.4% | 2.4% | -$1,162 | n/a |
| 21655Preston | $337,000 | $1,430* | 5.1% | 1.9% | -$1,274 | n/a |
| 21639Greensboro | $314,000 | $1,310* | 5.0% | 1.8% | -$1,214 | n/a |
| 21629Denton | $363,000 | $1,400* | 4.6% | 1.7% | -$1,452 | n/a |
| 21660Ridgely | $369,000 | $1,250* | 4.1% | 1.3% | -$1,598 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +0.7%
- Rent, 12 months
- n/a
- Rent minus price growth
- n/a
- Property tax
- 0.90%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value |
|---|---|
| Aug 2021 | $285,738 |
| Aug 2022 | $307,482 |
| Aug 2023 | $308,178 |
| Aug 2024 | $322,426 |
| Aug 2025 | $327,872 |
| Aug 2026 | $330,127 |
HUD Fair Market Rent
FY2027, Caroline County, MD
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $1,002 | $1,009 | $1,320 | $1,623 | $2,188 |
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
- 5.9
- 74 units, last 12 months
- National percentile
- 53th
- among US counties
Tools
Test a listing in Caroline County against today's rate.
Open the calculatorQuestions
- Is Caroline County good for rental property?
- Zillow does not publish enough data to estimate cash flow for this county. 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 Caroline County?
- About 0.90% of value, from Census ACS median taxes paid over median home value. On a $330,000 home that is about $2,981 a year.
- What is Fair Market Rent in Caroline County?
- HUD's FY2027 Fair Market Rent here is $1,009 for a 1-bedroom, $1,320 for a 2-bedroom and $1,623 for a 3-bedroom.
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.