Location: Washington-Arlington-Alexandria, DC | Metro: Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $2,100 |
| 1 Bedroom | $2,200 |
| 2 Bedrooms | $2,430 |
| 3 Bedrooms | $3,100 |
| 4 Bedrooms | $3,650 |
| 5 Bedrooms | $4,234 |
| 6 Bedrooms | $4,742 |
| 7 Bedrooms | $5,121 |
| 8 Bedrooms | $5,377 |
The ZIP code 22195 in Washington-Arlington-Alexandria County, DC, stands out due to the lack of comprehensive demographic data currently available, which includes the number of residents, the percentage of renters, median income, and median home value. This scarcity of detailed information can make it challenging to fully assess the area's economic profile and housing trends.
However, a key point of interest for landlords and small-portfolio investors is the voucher economics in ZIP 22195. The Fair Market Rent (FMR) for the fiscal year 2024 has been set at $2040. While there is no specific market rent figure provided for this ZIP code, the FMR serves as a benchmark for rental assistance programs such as Section 8. It indicates the maximum amount that the government will pay towards a tenant's rent in subsidized housing programs. Landlords should consider this figure when setting their rental prices, especially if they plan to accept Section 8 vouchers.
The absence of detailed market data suggests that the area could be either underreported or undergoing significant changes, making it difficult to categorize the data signature as definitively stable or transitional. Nonetheless, the presence of the Section 8 voucher program and the established FMR provide some level of assurance for those involved in rental properties. For a more precise understanding of the local rental market dynamics, landlords and investors should conduct further research, possibly through local real estate agents or by analyzing recent rental listings.
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.