Location: Washington-Arlington-Alexandria, DC | Metro: Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $2,080 |
| 1 Bedroom | $2,170 |
| 2 Bedrooms | $2,400 |
| 3 Bedrooms | $3,060 |
| 4 Bedrooms | $3,600 |
| 5 Bedrooms | $4,176 |
| 6 Bedrooms | $4,677 |
| 7 Bedrooms | $5,051 |
| 8 Bedrooms | $5,304 |
The classification of ZIP 20043 (Unknown, DC) on the axes of yield and stability requires a closer look at the available data. The Fair Market Rent (FMR) for a 1-bedroom unit in ZIP 20043 for fiscal year 2024 is set at $1,980. This figure represents the baseline for rental yields, assuming the property is leased at or near the FMR.
Despite the lack of specific data on market rents and home values for ZIP 20043, the overall trend in Washington, D.C., suggests a robust rental market. According to recent reports, the demand for rental properties in D.C. remains strong, with many neighborhoods experiencing higher-than-average rental rates.
The stability of the area can be gauged by examining the percentage of renters, the average days on market (DOM), and median income levels. Unfortunately, the specific figures for these metrics are not provided for ZIP 20043. However, based on general trends in D.C., where over 40% of households are renters and median incomes tend to be higher due to the concentration of government jobs, it is reasonable to infer that ZIP 20043 likely falls into a steady-cashflow zone.
To make a more precise determination, we would need detailed local data on rental vacancy rates, average DOM, and median household income. Without these specifics, the high FMR of $1,980 indicates a potentially high-yield market, but the absence of stability indicators means we cannot conclusively label it as low-stability.
Given the limited data, ZIP 20043 appears to be a zone offering steady cash flow rather than a high-risk, high-reward flip-style market. Landlords and small-portfolio investors should focus on the strong rental demand and potential for consistent returns, while also being mindful of the broader economic context in Washington, D.C.
Data Sources: FMR data from HUD (2027).
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.