City Median Investment Score
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| BR | FMR | Eff. Rent | 3Y CAGR |
|---|---|---|---|
| 0 BR | $2,080▲ | $1,660 – $2,160 | 6.5% |
| 1 BR | $2,170▲ | $1,950 – $2,390 | 7.4% |
| 2 BR | $2,400▲ | $2,640 | 6.6% |
| 3 BR | $3,060▲ | $3,370 | 7.5% |
| 4 BR | $3,600▲ | $3,280 – $3,960 | 7.2% |
| 5 BR | $4,140▲ | —Not available | 7.2% |
| 6 BR | $4,761▲ | —Not available | 7.2% |
| 7 BR | $5,475▲ | —Not available | 7.2% |
| 8 BR | $6,296▲ | —Not available | 7.2% |
Public Housing Authority
Rolodex
Market Alignment
FMR is near market; voucher and private rents are aligned.
FMR is near market; voucher and private rents are aligned.
FMR is above market; underwrite to market rent.
FMR is above market; underwrite to market rent.
FMR is below market; voucher rent may lag private rents.
FMR is below market; voucher rent may lag private rents.
FMR is near market; voucher and private rents are aligned.
FMR is above market; underwrite to market rent.
FMR is below market; voucher rent may lag private rents.
FMR is below market; voucher rent may lag private rents.
FMR is below market; voucher rent may lag private rents.
FMR is below market; voucher rent may lag private rents.
FMR is below market; voucher rent may lag private rents.
FMR is below market; voucher rent may lag private rents.
FMR is below market; voucher rent may lag private rents.
FMR is below market; voucher rent may lag private rents.
FMR is near market; voucher and private rents are aligned.
FMR is near market; voucher and private rents are aligned.
- FMR
- FY2027
- Market rent
- last ~365 days
- Property value
- --
- Tax rate
- --
- Mortgage rate
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Washington Navy Yard, DC fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Washington Navy Yard, DC is $2,400 a month. That is up 9.1% from $2,200 in FY 2026. Washington Navy Yard is in the Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in District of Columbia is $2,438, so Washington Navy Yard is 2% below it.
FY 2027 rent by bedroom
| Bedrooms | FY 2026 | FY 2027 | Change | 90–110% range |
|---|---|---|---|---|
| Studio | $1,910 | $2,080 | +8.9% | $1,872–$2,288 |
| 1BR | $1,970 | $2,170 | +10.2% | $1,953–$2,387 |
| 2BR | $2,200 | $2,400 | +9.1% | $2,160–$2,640 |
| 3BR | $2,780 | $3,060 | +10.1% | $2,754–$3,366 |
| 4BR | $3,260 | $3,600 | +10.4% | $3,240–$3,960 |
Fair market rent history, FY 2023–2027
| Fiscal year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY 2027 | $2,080 | $2,170 | $2,400 | $3,060 | $3,600 |
| FY 2026 | $1,910 | $1,970 | $2,200 | $2,780 | $3,260 |
| FY 2025 | $1,970 | $2,010 | $2,260 | $2,830 | $3,330 |
| FY 2024 | $1,720 | $1,750 | $1,980 | $2,460 | $2,920 |
| FY 2023 | $1,510 | $1,540 | $1,750 | $2,190 | $2,610 |
Questions about Washington Navy Yard, DC rents
How much will Section 8 pay for a two-bedroom in Washington Navy Yard, DC?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,400, that basic range is $2,160 to $2,640 a month. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is Washington Navy Yard, DC in?
Washington Navy Yard, DC is in the Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in Washington Navy Yard, DC for FY 2027?
The two-bedroom FMR rose 9.1%, from $2,200 in FY 2026 to $2,400 in FY 2027. Since FY 2023 it has risen 37.1%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set