Section 8 Fair Market Rent (FMR) for ZIP 20460 - 2027

FY 2027 Fair Market Rent Rates

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

After attempting to gather specific demographic data for ZIP 20460, it appears that detailed statistics are not readily available through the usual sources. However, based on the general information about the District of Columbia, we can infer some characteristics.

The District of Columbia is known for its high-income residents and diverse urban neighborhoods. ZIP 20460, while lacking specific data, is likely part of this dynamic landscape. The broader DC area has an average median household income of $119,055 and an average home value of $750,886.

Moving to the practical aspects for Section 8 investors, the Fair Market Rent (FMR) for ZIP 20460 in fiscal year 2024 is set at $1980. Without specific market rent data, we cannot provide a direct comparison, but the FMR serves as a benchmark for rental subsidies.

Considering the nature of the District of Columbia and its dense urban environment, ZIP 20460 would likely appeal to hands-on value-add buyers rather than hands-off operators. The potential for property appreciation and tenant demand in a high-income area suggests that active management could yield better returns.

For landlords and small-portfolio investors looking to operate in ZIP 20460, it's important to focus on properties that can attract higher-income tenants while still qualifying for Section 8 subsidies. This approach can balance the financial benefits of rental subsidies with the demand for quality housing in a competitive market.

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.