Location: Washington-Arlington-Alexandria, DC | Metro: Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,860 |
| 1 Bedroom | $1,940 |
| 2 Bedrooms | $2,150 |
| 3 Bedrooms | $2,740 |
| 4 Bedrooms | $3,230 |
| 5 Bedrooms | $3,747 |
| 6 Bedrooms | $4,197 |
| 7 Bedrooms | $4,533 |
| 8 Bedrooms | $4,760 |
ZIP code 20725, located within the Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area, has a Fair Market Rent (FMR) of $1780 for fiscal year 2024. This figure is critical for landlords and small-portfolio investors who aim to understand the rental dynamics within this metro area.
The FMR for ZIP 20725 is lower than the typical rents across the broader metro area, suggesting that it could be considered a value pocket. However, without specific market rent data for comparison, we cannot definitively state how much lower it is relative to other ZIP codes within the same metro area. The absence of market rent data means we have limited information to make precise comparisons, but the lower FMR implies potentially attractive opportunities for tenants seeking affordable housing.
The lack of available data on home values and renter share percentages for ZIP 20725 makes it challenging to draw direct correlations with other areas within the metro. Typically, a higher renter share combined with below-average home values can indicate a favorable environment for Section 8 properties, as it suggests a concentration of renters who might benefit from subsidized housing options. Given the incomplete data, such an inference cannot be made here.
To conclude, ZIP 20725 appears to offer a more affordable rental option within the Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area, based on its FMR of $1780. This places it in the value pocket category among the ZIP codes in the metro. For landlords and investors, this could represent an opportunity to serve a segment of the market that is particularly sensitive to cost, while still operating within a larger, economically vibrant metro area.
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.