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 | $1,590 |
| 1 Bedroom | $1,660 |
| 2 Bedrooms | $1,900 |
| 3 Bedrooms | $2,390 |
| 4 Bedrooms | $2,890 |
| 5 Bedrooms | $3,352 |
| 6 Bedrooms | $3,754 |
| 7 Bedrooms | $4,054 |
| 8 Bedrooms | $4,257 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $2,390 | $817,558 | 0.29% | F |
U.S. Census Bureau data (2024)
ZIP code 22639 is situated within the Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area. Its Fair Market Rent (FMR) for FY 2024 stands at $1670. Although the market rent is not available, the median home value of $882,551 indicates that it falls into the premium sub-market category of this expansive metropolitan area.
The renter share in ZIP 22639 is 9.8%, which is lower than the typical renter share in the broader Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area. This suggests that homeownership is more prevalent in 22639 compared to the average ZIP within the metro, aligning with its higher home values.
In contrast to a potential Section 8 sweet spot, where you might see a high renter share coupled with below-average home values, ZIP 22639 exhibits characteristics of a premium sub-market. The combination of a moderate renter share and significantly above-average home values points to a neighborhood preferred by homeowners who can afford the higher property costs. This does not indicate a value pocket, where lower property values and higher renter shares might suggest opportunities for rental investment under Section 8 guidelines.
Landlords and small-portfolio investors should consider the implications of these figures when evaluating investment opportunities in ZIP 22639. The high median home value suggests a strong local economy and demand for housing, but the lack of available market rent data makes it difficult to assess the exact rental dynamics without further research.
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.