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 | $2,060 |
| 1 Bedroom | $2,150 |
| 2 Bedrooms | $2,380 |
| 3 Bedrooms | $3,030 |
| 4 Bedrooms | $3,570 |
| 5 Bedrooms | $4,141 |
| 6 Bedrooms | $4,638 |
| 7 Bedrooms | $5,009 |
| 8 Bedrooms | $5,259 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 4BR | $3,570 | $682,558 | 0.52% | F |
U.S. Census Bureau data (2024)
The analysis of ZIP 20677 in Port Tobacco, MD reveals it to be a steady-cashflow zone. With a Fair Market Rent (FMR) of $1430 for the fiscal year 2024, this figure aligns closely with the expected rental rates in the area, indicating a stable demand for rental properties. The median household income in this ZIP code is $165,764, which suggests that residents have a solid financial foundation, likely leading to timely rent payments and lower tenant turnover.
The median home value in ZIP 20677 is $576,700. Given the absence of specific market rent data, the FMR serves as a reliable benchmark for rental properties. This high median home value implies a relatively affluent community, which can positively influence the rental market stability. However, the low percentage of renters at 3.0% indicates a predominantly owner-occupied area, potentially limiting the number of available rental units.
Despite the low percentage of renters, the high median income supports the conclusion that this is a steady-cashflow zone rather than a high-yield/low-stability market. High yields typically come with higher risks, such as greater tenant turnover and potential delays in rent collection. In contrast, ZIP 20677 offers a balanced approach with reasonable yields and a stable environment, making it suitable for landlords and small-portfolio investors seeking consistent returns.
To summarize, ZIP 20677 is best classified as a steady-cashflow zone due to its solid median income and reasonable rental rates, despite the limited rental market presence. This classification is driven by the specific figures of the FMR at $1430, median household income at $165,764, and median home value at $576,700.
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.