Location: Washington-Arlington-Alexandria, DC | Metro: Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $2,220 |
| 1 Bedroom | $2,310 |
| 2 Bedrooms | $2,560 |
| 3 Bedrooms | $3,260 |
| 4 Bedrooms | $3,840 |
| 5 Bedrooms | $4,454 |
| 6 Bedrooms | $4,988 |
| 7 Bedrooms | $5,387 |
| 8 Bedrooms | $5,656 |
U.S. Census Bureau data (2024)
The 2024 Fair Market Rent (FMR) for a two-bedroom home in the Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area is $2,045 per month. Comparatively, ZIP 20112 in Manassas, VA has an FMR of $2,620, which is significantly higher. This indicates that 20112 is positioned as a premium sub-market within the metro area regarding FMR.
The market rent in 20112 is $2,882, slightly above the FMR but still reflective of its status as a premium sub-market. Given the higher median home value of $746,350, it is clear that 20112 caters to a more affluent segment of the population, both homeowners and renters.
The renter share in 20112 is 3.4%, much lower than the typical metro-wide average. This low renter share further supports the notion that 20112 is predominantly an owner-occupied area. Unlike a typical Section 8 sweet spot, which usually features a higher renter share and lower home values, 20112 stands out as a premium sub-market with limited appeal for Section 8 housing vouchers.
In summary, ZIP 20112 is a premium sub-market within the Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area, characterized by higher-than-average FMR, market rents, and home values, alongside a lower-than-average renter share. These factors collectively suggest that it is not a value pocket for Section 8 tenants but rather a desirable area for those seeking higher-end housing options.
Data Sources: FMR data from HUD (2027). 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.