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 | $2,050 |
| 1 Bedroom | $2,140 |
| 2 Bedrooms | $2,370 |
| 3 Bedrooms | $3,020 |
| 4 Bedrooms | $3,560 |
| 5 Bedrooms | $4,130 |
| 6 Bedrooms | $4,626 |
| 7 Bedrooms | $4,996 |
| 8 Bedrooms | $5,246 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $2,140 | $161,030 | 1.33% | A |
| 2BR | $2,370 | $216,559 | 1.09% | B |
| 3BR | $3,020 | $360,820 | 0.84% | C |
| 4BR | $3,560 | $508,608 | 0.7% | D |
| 5BR | $4,130 | $598,947 | 0.69% | D |
U.S. Census Bureau data (2024)
The ZIP code 20770 in Greenbelt, MD presents a unique scenario when analyzed through the lens of yield and stability for Section 8 real-estate investments. The Fair Market Rent (FMR) for ZIP 20770 in fiscal year 2024 is set at $2,030. This FMR is slightly below the market rent of $2,086, indicating that while there is a small gap, it does not suggest an overly competitive market. Given the median home value of $278,904, the yield potential is moderate, especially considering the lower-than-average gap between FMR and market rents.
In terms of stability, Greenbelt has a substantial proportion of renters at 55.1%, which suggests a relatively stable demand for rental properties. However, the lack of data on the average number of days on market (DOM) indicates some uncertainty regarding how quickly units can be filled. The median household income of $84,096 provides insight into the financial health of the area's residents, suggesting they have the means to support rental demand without significant risk of default.
Based on these figures, ZIP 20770 leans towards being a steady-cashflow zone rather than a high-yield/low-stability market. The close alignment between FMR and market rents implies a balanced environment where landlords can expect reliable returns without the high risks associated with volatile markets. Additionally, the income level supports a stable tenant base, further reinforcing the potential for consistent cash flow over time.
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.