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Prince George's County/District Heights/20747

20747

ZIPSAFMR
Prince George's County, MD
Zillow

ZIP Investment Score

135High yield potential

095130300
BRFMR
Eff. Rent
0 BR$1,860$1,510
1 BR$1,940$1,610
2 BR$2,150$2,200
3 BR$2,740$2,620
4 BR$3,230$2,840
5 BR$3,714Not available
6 BR$4,272Not available
7 BR$4,912Not available
8 BR$5,649Not available

Purchase Price Calculator

Maximum purchase price
$265,003

Cost breakdown

+Likely effective rent$2,200
HUD FMR$2,150
Market rent$2,230
Est. payment standard (102%)Used$2,200
-Principal and interest-$1,340
Loan amount$212,002
Down payment$53,001
Rate6.50%
Term30 years
-Operating costs-$660
Property taxes-$265
Insurance-$175
Utilities$0
HOA$0
Management-$220
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$35,172(66.4% ROI)
Projected value
$285,379
Return breakdown
Property appreciation+$20,376
Loan principal paid down+$7,596
Rental cash flow+$7,200
5-year hold
+$60,368(113.9% ROI)
Projected value
$299,826
Return breakdown
Property appreciation+$34,824
Loan principal paid down+$13,545
Rental cash flow+$12,000
10-year hold
+$130,498(246.2% ROI)
Projected value
$339,226
Return breakdown
Property appreciation+$74,223
Loan principal paid down+$32,275
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.23
1 BR
1.20
2 BR
0.96
3 BR
1.05
4 BR
1.14
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 20747 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 20747 (District Heights, MD) is $2,150 a month. That is up 11.4% from $1,930 in FY 2026. District Heights 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. Among 65 ZIP codes in Prince George's County, 20747 is tied for the 31st-highest two-bedroom rent (county range $1,750–$3,610). The median county two-bedroom FMR in Maryland is $1,875, so ZIP 20747 is 15% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 20747
BedroomsFY 2027Change90–110% range
Studio$1,860+10.7%$1,674–$2,046
1BR$1,940+12.1%$1,746–$2,134
2BR$2,150+11.4%$1,935–$2,365
3BR$2,740+12.3%$2,466–$3,014
4BR$3,230+12.9%$2,907–$3,553

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 20747
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,860$1,940$2,150$2,740$3,230
FY 2026$1,680$1,730$1,930$2,440$2,860
FY 2025$1,640$1,680$1,890$2,360$2,790
FY 2024$1,440$1,460$1,660$2,070$2,450
FY 2023$1,330$1,350$1,540$1,930$2,300

Two-bedroom rent in nearby Prince George's County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 20747
20741$2,1500.0%
20742$2,560+19.1%
20743$2,000−7.0%
20744$2,170+0.9%
20745$1,920−10.7%
20746$2,240+4.2%
20747Current$2,150—
20748$1,950−9.3%
20749$2,1500.0%
20750$2,1500.0%
20752$2,1500.0%
20753$2,1500.0%

Questions about ZIP 20747 rents

How much will Section 8 pay for a two-bedroom in ZIP 20747?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,150, that basic range is $1,935 to $2,365 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 ZIP 20747 in?

ZIP 20747 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 ZIP 20747 for FY 2027?

The two-bedroom FMR rose 11.4%, from $1,930 in FY 2026 to $2,150 in FY 2027. Since FY 2023 it has risen 39.6%.

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

County fair market rentDistrict Heights, MD fair market rentMD statewide rentsWhat is SAFMR?Data sources