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 | $1,970 |
| 1 Bedroom | $2,050 |
| 2 Bedrooms | $2,270 |
| 3 Bedrooms | $2,890 |
| 4 Bedrooms | $3,410 |
| 5 Bedrooms | $3,956 |
| 6 Bedrooms | $4,431 |
| 7 Bedrooms | $4,785 |
| 8 Bedrooms | $5,024 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $2,270 | $436,770 | 0.52% | F |
| 3BR | $2,890 | $450,487 | 0.64% | D |
| 4BR | $3,410 | $586,844 | 0.58% | F |
| 5BR | $3,956 | $706,687 | 0.56% | F |
U.S. Census Bureau data (2024)
Woodbridge 22193 sits in the eastern edge of Prince William County, characterized by a dense suburban atmosphere with convenient access to major commuter routes. The area is largely defined by its proximity to the I-95 corridor and the Potomac Mills mall, a major regional shopping destination that drives significant local foot traffic. The presence of Sentara Northern Virginia Medical Center serves as a key institutional employer and stabilizing force for the neighborhood, providing a steady base of healthcare workers who often seek nearby rental housing.
From a financial perspective, the HUD SAFMR for a 2-bedroom unit is set at $1,950, while current market rents average $2,098. This results in a relatively narrow gap of $148 between the voucher ceiling and the open market, meaning the subsidy covers the vast majority of holding costs but offers little excess cash flow for investors. Median home values are substantial at $508,664, with 2-bedroom properties specifically selling at a median of $434,631. Properties move at a moderate pace, spending a median of 36 days on market before going under contract.
The tenant profile here is distinct, with only 19.1% of households renting and a median household income reaching $117,337. This high income level suggests strong purchasing power and a population that values the area’s public amenities, including highly-rated schools within the Prince William County Public School system and extensive parkland like Leesylvania State Park. Given the wealth metrics, traditional market demand is robust, but voucher holders may face stiff competition for units unless landlords actively seek the stability of guaranteed payments.
The strongest investor angle in 22193 is stability rather than aggressive cashflow. The minimal gap between the $1,950 SAFMR and the $2,098 market rent indicates that Section 8 will likely cover your full mortgage payment and operating expenses without significant upside. However, with a high median income and major employers like the medical center nearby, the risk of vacancy is extremely low. This is a market for long-term appreciation and reliable occupancy, not short-term yield maximization.
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.