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 | $2,920 |
| 1 Bedroom | $3,050 |
| 2 Bedrooms | $3,370 |
| 3 Bedrooms | $4,290 |
| 4 Bedrooms | $5,060 |
| 5 Bedrooms | $5,870 |
| 6 Bedrooms | $6,574 |
| 7 Bedrooms | $7,100 |
| 8 Bedrooms | $7,455 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $3,370 | $471,101 | 0.72% | D |
| 3BR | $4,290 | $584,788 | 0.73% | D |
| 4BR | $5,060 | $858,135 | 0.59% | F |
| 5BR | $5,870 | $953,785 | 0.62% | D |
U.S. Census Bureau data (2024)
The ZIP code 22153, located in Springfield, Virginia, stands out within Fairfax County due to its unique demographic and economic profile. With a population of 32,664, it has a relatively low rental rate of 10.4%, indicating that most residents own their homes. The median income in this area is robust at $174,228, reflecting a high standard of living. Additionally, the median home value of $759,428 underscores the affluence of the neighborhood.
For landlords and small-portfolio investors considering Section 8 vouchers, the Fair Market Rent (FMR) for ZIP 22153 in fiscal year 2024 is set at $2,640. This figure is notably lower than the market rent, which is measured at $2,890 using ZORI (Zillow Observed Rent Index). This discrepancy means that landlords who accept Section 8 vouchers might see a slight reduction in potential rental income compared to market rates. However, the higher median income and home values suggest that the overall economic stability of the area could offset any financial drawbacks associated with accepting vouchers.
Evaluating the data signature of ZIP 22153, it appears stable. The high median income and home values indicate a strong local economy, while the low rental rate suggests that homeownership is prevalent and preferred. For investors, this stability can be a positive sign, as it implies a consistent demand for housing and less volatility in the real estate market. However, the slightly lower FMR compared to market rents highlights the importance of carefully considering the financial implications before deciding to participate in the Section 8 program.
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.