Section 8 Fair Market Rent (FMR) for ZIP 20036 - 2027

Location: Washington-Arlington-Alexandria, DC | Metro: Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area

Investment Score for ZIP 20036

F
Monthly Rent (2BR)
$2,770
Median Price (2BR)
$680,905
1% Rule
0.41%
Annual Yield
4.88%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$2,400
1 Bedroom$2,500
2 Bedrooms$2,770
3 Bedrooms$3,530
4 Bedrooms$4,160
5 Bedrooms$4,826
6 Bedrooms$5,405
7 Bedrooms$5,837
8 Bedrooms$6,129

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
1BR $2,500 $355,105 0.7% D
2BR $2,770 $680,905 0.41% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
4,605
Median Household Income
$99,832
Housing Units
4,432
Renter Percentage
61.8%
Occupancy Rate
87.7%
Renter Occupied
2,399

The economics of Section 8 housing in ZIP code 20036, located in Washington, DC, within District of Columbia County, are straightforward. The SAFMR (Small Area Fair Market Rent) for a two-bedroom apartment in this specific ZIP code for FY 2024 is set at $2330. This is slightly below the local market rent, which is currently running at $2,395 according to ZORI (Zillow Observed Rent Index).

When a landlord participates in the Section 8 program, they receive a voucher payment from the Housing Authority. This payment covers the difference between the tenant's portion of the rent and the total rent amount. For a two-bedroom unit, the tenant is expected to pay approximately 30% of their income towards rent. If we assume an average income for a tenant, the tenant’s portion might be around $700, depending on their specific income level.

In addition to the base rent, the voucher also includes utility allowances. These allowances vary but typically add about $100-$200 to the total reimbursement. Therefore, the total reimbursement a landlord would receive from the Housing Authority could range from $2330 to $2430, assuming the utility allowance is on the higher end of the spectrum.

This means that if you are a landlord in ZIP 20036 and you set your rent at the local market rate of $2,395, you would have a reimbursement gap of around $65. Conversely, if you set your rent at the SAFMR rate of $2330, you would have a surplus of around $65 when compared to the local market rent.

To summarize, the typical reimbursement gap or surplus for a two-bedroom apartment in ZIP 20036 is approximately $65. Landlords should carefully consider these numbers when deciding whether to participate in the Section 8 program and setting their rental rates accordingly.

Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). Demographics from U.S. Census (2024).

About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.