Section 8 Fair Market Rent (FMR) for ZIP 20158 - 2027

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

Investment Score for ZIP 20158

N/A
Monthly Rent (2BR)
$2,560
Median Price (2BR)
$N/A
1% Rule
0%
Annual Yield
0%

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$2,220
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

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
3BR $3,260 $650,987 0.5% F
4BR $3,840 $1,136,057 0.34% F
5BR $4,454 $1,364,767 0.33% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
4,979
Median Household Income
$211,522
Housing Units
1,592
Renter Percentage
17.8%
Occupancy Rate
99.2%
Renter Occupied
282

The ZIP code 20158 stands out within the context of its county due to several key demographic and economic factors. With a population of 4,979 residents, it has a relatively low rental rate at 17.8%, indicating that homeownership is predominant in the area. The median income in ZIP 20158 is notably high at $211,522, which suggests a well-off community. This is further reinforced by the median home value, which sits at an impressive $980,384.

In terms of voucher economics, the Fair Market Rent (FMR) for ZIP 20158 in fiscal year 2024 is set at $1,900. However, the market rent data is currently unavailable, making direct comparisons challenging. Despite this, the high median income and home values indicate that the local housing market may be less reliant on government assistance programs compared to other areas with lower incomes and higher rental rates.

Given the strong indicators of economic stability such as high median income and home values, along with the low percentage of renters, the data signature for ZIP 20158 reads as stable. It's likely that the area will continue to attract and retain residents who can afford market-rate housing without significant reliance on rental subsidies. Landlords and small-portfolio investors should consider these factors when evaluating potential investments or rental properties in this ZIP code.

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.