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 | $2,890 |
| 1 Bedroom | $3,020 |
| 2 Bedrooms | $3,340 |
| 3 Bedrooms | $4,260 |
| 4 Bedrooms | $5,010 |
| 5 Bedrooms | $5,812 |
| 6 Bedrooms | $6,509 |
| 7 Bedrooms | $7,030 |
| 8 Bedrooms | $7,382 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $3,020 | $320,087 | 0.94% | C |
| 2BR | $3,340 | $465,938 | 0.72% | D |
| 3BR | $4,260 | $859,196 | 0.5% | F |
| 4BR | $5,010 | $1,749,848 | 0.29% | F |
| 5BR | $5,812 | $2,482,311 | 0.23% | F |
U.S. Census Bureau data (2024)
The analysis of ZIP code 22102, located in McLean, VA, reveals a market that leans towards providing steady cash flow rather than high-yield, low-stability opportunities. This classification is driven by several key figures.
Firstly, the Fair Market Rent (FMR) for ZIP 22102 in fiscal year 2024 is set at $2,610, closely matching the market rent of $2,629. Given the median home value of $841,470, the rental income potential aligns well with property values, suggesting a balanced market where rental yields are reasonable but not exceptionally high.
Secondly, the stability of the market is evident from the 51.8% share of renters and an average days-on-market (DOM) of 35 days. A significant portion of the population rents, indicating demand for rental properties. The relatively short DOM period suggests that properties are quickly occupied, reducing vacancy risks and ensuring consistent cash flow.
Lastly, the median household income of $153,949 supports the stability axis. High-income households typically have better financial standing, which translates into lower risk of default on rent payments and higher tenant retention rates. This factor contributes to a stable rental environment.
In conclusion, ZIP 22102 is best classified as a steady-cashflow zone. The close alignment of FMR and market rent, combined with the significant renter population and quick occupancy rates, points to a market where landlords can expect reliable income without the volatility associated with high-yield markets. The strong local economy further underpins this stability, making it a favorable area for those seeking predictable returns on their investments.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.