Section 8 Fair Market Rent (FMR) for ZIP 20784 - 2027

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

Investment Score for ZIP 20784

A
Monthly Rent (2BR)
$2,130
Median Price (2BR)
$165,960
1% Rule
1.28%
Annual Yield
15.4%

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$1,840
1 Bedroom$1,930
2 Bedrooms$2,130
3 Bedrooms$2,710
4 Bedrooms$3,200
5 Bedrooms$3,712
6 Bedrooms$4,157
7 Bedrooms$4,490
8 Bedrooms$4,715

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
1BR $1,930 $114,607 1.68% A+
2BR $2,130 $165,960 1.28% A
3BR $2,710 $378,401 0.72% D
4BR $3,200 $409,852 0.78% D
5BR $3,712 $435,440 0.85% C

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
33,831
Median Household Income
$86,509
Housing Units
11,032
Renter Percentage
42.3%
Occupancy Rate
96.2%
Renter Occupied
4,485

Landover Hills, MD, located in Prince George's County, stands out with a population of 33,831 residents, where 42.3% of the residents are renters. The median income in the area is $86,509, indicating a middle-class community. Notably, the median home value is $374,895, which reflects a stable housing market with a mix of homeowners and renters.

The voucher economics in Landover Hills are favorable for landlords. The Fair Market Rent (FMR) for the zip code for fiscal year 2024 is set at $1,760, while the market rent, measured by ZORI, is $1,512. This means that landlords can expect a higher rental rate from Section 8 tenants compared to the market average, making it an attractive option for property owners looking to secure long-term, reliable tenants.

The data signature for Landover Hills suggests a stable environment. With a significant portion of the population renting, and the gap between the FMR and market rent, landlords can anticipate steady demand for rental properties. The higher FMR relative to the market rent also provides a financial incentive for accepting Section 8 vouchers, ensuring that landlords receive competitive rates while providing affordable housing options to tenants.

In summary, Landover Hills offers a balanced market for both homeowners and renters. For landlords and small-portfolio investors, the opportunity to leverage Section 8 vouchers presents a solid investment strategy, given the economic parameters of the area. The data indicates a stable rather than transitional market, offering predictability and reliability for those interested in the rental sector.

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.