Location: Washington-Arlington-Alexandria, DC | Metro: Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $2,360 |
| 1 Bedroom | $2,460 |
| 2 Bedrooms | $2,720 |
| 3 Bedrooms | $3,470 |
| 4 Bedrooms | $4,080 |
| 5 Bedrooms | $4,733 |
| 6 Bedrooms | $5,301 |
| 7 Bedrooms | $5,725 |
| 8 Bedrooms | $6,011 |
The ZIP code 22106 in Washington-Arlington-Alexandria County stands out due to limited publicly available data regarding its resident population, rental percentage, median income, and median home value. This scarcity makes it challenging to provide a comprehensive overview based on typical demographic indicators.
Turning to the specifics of Section 8 voucher economics, the Fair Market Rent (FMR) for ZIP 22106 for fiscal year 2024 is set at $2240. This figure represents the maximum amount that landlords can receive from the federal government for renting units to low-income families under the Section 8 program. However, without comparative market rent data, it's difficult to assess how this FMR aligns with local rental rates.
Despite the lack of detailed demographic data, the presence of Section 8 vouchers in ZIP 22106 provides a stable source of rental income for landlords willing to participate in the program. The FMR serves as a benchmark for rental prices in subsidized housing, ensuring a predictable revenue stream. For small-portfolio investors, this can be particularly beneficial as it mitigates some of the risks associated with rental fluctuations.
The data signature for ZIP 22106 reads as "stable" in terms of Section 8 economics, given the consistent provision of FMR by HUD. However, the broader economic and demographic context remains unclear, suggesting a transitional phase where more detailed analysis would be required to fully understand the implications for landlords and investors.
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.