Section 8 Fair Market Rent (FMR) for ZIP 22554 - 2027

Location: Washington-Arlington-Alexandria, DC | Metro: Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area

Investment Score for ZIP 22554

D
Monthly Rent (2BR)
$2,430
Median Price (2BR)
$355,814
1% Rule
0.68%
Annual Yield
8.2%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

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

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
2BR $2,430 $355,814 0.68% D
3BR $3,100 $447,939 0.69% D
4BR $3,650 $597,452 0.61% D
5BR $4,234 $690,121 0.61% D

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
65,494
Median Household Income
$151,480
Housing Units
21,005
Renter Percentage
19.7%
Occupancy Rate
96.2%
Renter Occupied
3,977

Stafford, Virginia (ZIP 22554) operates as a high-income suburban hub within the Washington-Arlington-Alexandria metro area, characterized by a strong mix of residential stability and strategic accessibility. This area is defined by its proximity to major employment centers, with the Marine Corps Base Quantico serving as a dominant local institution and economic driver that reinforces the community’s steady population. The neighborhood typically features single-family homes and townhomes, appealing to families who value access to regional commuter routes like I-95 and the Virginia Railway Express (VRE) for travel into Northern Virginia and D.C.

From an investment standpoint, the numbers reveal a challenging spread for 2024. The HUD SAFMR for a 2-bedroom unit sits at $1,990, while current market rent (Zillow ZORI) reaches $2,114, resulting in a gap of $124 per month. This subsidy lag means voucher tenants do not achieve full market cash flow in this specific ZIP. With a median home value of $567,044 and properties sitting on the market for a median of 49 days, the asset class is priced at a premium relative to the immediate rental yield available through the Section 8 program.

Demand dynamics are influenced by an affluent renter pool; the median household income is $151,480, yet only 19.7% of residents rent. This lower renter share, combined with high income, suggests a market where tenants may opt for homeownership over long-term renting. The presence of highly rated schools within Stafford County Public Schools and the relative safety of the area creates a stable environment, but the high income ceiling indicates that traditional Section 8 demand may be more limited here compared to lower-cost submarkets.

The Section 8 verdict for 22554 leans toward appreciation and stability rather than immediate cash flow. The high median home value and proximity to Quantico offer strong long-term equity potential, but the $124 negative gap between SAFMR and market rent makes this a "hold" strategy for voucher investors. If you can acquire below the $567,044 median, the appreciation and consistent military-adjacent demand may outweigh the monthly rent cap constraints.

Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.