Location: Washington-Arlington-Alexandria, DC | Metro: Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $2,730 |
| 1 Bedroom | $2,850 |
| 2 Bedrooms | $3,160 |
| 3 Bedrooms | $4,020 |
| 4 Bedrooms | $4,740 |
| 5 Bedrooms | $5,498 |
| 6 Bedrooms | $6,158 |
| 7 Bedrooms | $6,651 |
| 8 Bedrooms | $6,984 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $4,020 | $846,961 | 0.47% | F |
| 4BR | $4,740 | $1,214,088 | 0.39% | F |
U.S. Census Bureau data (2024)
ZIP code 20143 is primarily a homeowner-dominated area, with only 1.8% of the population renting. Given that the total population is 1,070, this equates to approximately 19 renters. The low percentage of renters indicates that the demand for rental properties using Section 8 vouchers is likely to be scarce.
The median household income in this ZIP is $176,250, which is significantly higher than the Fair Market Rent (FMR) threshold for FY 2024, set at $2,630 per month. This high median income suggests that most residents can afford market rents without assistance, further reducing the likelihood of a substantial Section 8 tenant pool.
To put this into perspective, if we were to estimate typical market rent based on the FMR, it would consume roughly 18.5% of the median monthly income ($14,687.50), which is calculated by dividing the annual median income by 12 and then by the FMR. This calculation shows that rent represents a relatively small portion of the average income, making it feasible for most individuals to cover rent expenses without government subsidies.
A landlord in ZIP 20143 should expect tenants who are financially stable and capable of paying market rates. Due to the limited number of renters and the scarcity of voucher holders, the competition for rental units is likely minimal. Tenants here will most likely be seeking housing options that align with their financial capabilities, rather than relying on rental assistance programs.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.