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 |
ZIP code 20090, located within the Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area, serves as a cash-flow anchor in a Section 8 portfolio strategy. The Fair Market Rent (FMR) for a two-bedroom unit in this ZIP code for fiscal year 2024 is set at $1980. This figure represents the maximum amount that a voucher holder can pay for rent, which landlords should be aware of when setting their own rental prices.
In 2025, the Small Area Fair Market Rent (SAFMR) for a two-bedroom unit in ZIP 20090 will increase to $2,260, marking a 4.1% change from 2024. This steady rise in FMR indicates a reliable cash flow for landlords who participate in the Section 8 program. The consistency in these figures provides a predictable income stream, making ZIP 20090 a solid choice for landlords seeking stable returns.
The lack of specific market data such as median home value or price-cut share makes it difficult to assess ZIP 20090 purely as an appreciation play. However, the clear trend in rising FMRs suggests that the area is experiencing growth, which could translate into higher property values over time. Landlords should monitor broader market trends in the region to gauge potential appreciation.
ZIP 20090 does not provide enough data to categorize it as a diversifier in terms of renter share or median income. Nonetheless, given its proximity to the larger Washington-Arlington-Alexandria metro area, it likely attracts a diverse tenant pool. For landlords, anchoring a portion of their portfolio in this ZIP code ensures consistent cash flow, while also potentially benefiting from regional economic growth.
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.