Section 8 Fair Market Rent (FMR) for ZIP 20913 - 2027

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

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$2,140
1 Bedroom	$2,230
2 Bedrooms	$2,470
3 Bedrooms	$3,150
4 Bedrooms	$3,710
5 Bedrooms	$4,304
6 Bedrooms	$4,820
7 Bedrooms	$5,206
8 Bedrooms	$5,466

The ZIP code 20913 is located in Washington D.C., a bustling metropolitan area known for its diverse neighborhoods and strong economic presence. This particular zone offers a unique blend of urban living and suburban comfort, making it attractive for both residents and investors alike.

The Fair Market Rent (FMR) for a two-bedroom apartment in ZIP 20913 for fiscal year 2024 is set at $2100. This figure serves as a benchmark for rental prices, indicating the average amount tenants can expect to pay for housing assistance.
The market rent for the area is currently N/A, suggesting that there might be limited recent data available for private rental rates, which could indicate a stable market or lack of significant fluctuations.
The median home value for ZIP 20913 is listed as N/A, which implies that the area might predominantly consist of rental properties rather than owner-occupied homes.
The percentage of residents who are renters in this ZIP code is N/A, reflecting incomplete data on the composition of the local housing market.
The Days on Market (DOM) for rental listings is N/A, which could mean that the listings are either quickly rented or the data is insufficient to determine this metric.
The median household income for the area is N/A, indicating that there is a lack of detailed demographic information regarding the financial status of the residents.

Given the available data, investors should focus on the established Fair Market Rent as a reliable indicator of potential rental income. The absence of other key metrics suggests that further research is necessary to fully understand the dynamics of the local real estate market. However, the proximity to Washington D.C.'s economic hubs presents opportunities for steady demand in rental properties. For landlords and small-portfolio investors, the area's characteristics align well with a strategy centered around rental properties, especially those priced close to the FMR.

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.