Section 8 Fair Market Rent (FMR) for ZIP 22581 - 2027

FY 2027 Fair Market Rent Rates

1190 In ZIP code 22581, the Fair Market Rent (FMR) for a one-bedroom apartment as of metro fiscal year 2026 is set at $1,190. This figure is critical for landlords participating in the Section 8 program, as it defines the maximum rental amount that can be charged. The lack of specific data on market rent, median home value, and other metrics suggests that this area may be less tracked compared to larger metropolitan regions, making the FMR an even more reliable benchmark for rental pricing.

1190 With no median income data available, it's important for investors to consider the broader economic context of Unknown, VA, when evaluating potential tenant eligibility. The absence of such information means that landlords must rely on the income limits provided by the Housing Choice Voucher program to determine if prospective tenants qualify for assistance.

1190 The undefined percentage of renters in the area indicates that the housing market in ZIP 22581 might have a unique composition, potentially favoring single-family homes over multifamily units. This characteristic could influence investment strategies, particularly for those looking to cater to the local demand.

1190 Given the absence of Days on Market (DOM) and price-cut share percentages, it's challenging to assess the typical speed and flexibility of the real estate transactions in this region. However, the focus should remain on maintaining properties within the $1,190 FMR threshold to ensure compliance with the Section 8 guidelines.

1190 For landlords and small-portfolio investors in ZIP 22581, the Section 8 program offers a stable source of rental income, contingent upon adhering to the established FMR of $1,190 for a one-bedroom unit. The program's structure provides predictability and reduces the risk of vacancy, making it a valuable option despite the limited availability of detailed local market data.

Verdict: ZIP 22581 presents a straightforward opportunity for Section 8 participation, anchored by the clear FMR guideline of $1,190 for one-bedroom units, offering stability and reduced vacancy risk.

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.