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22181

ZIPSAFMR
Fairfax County, VA

ZIP Investment Score

79Below average

095130300
BRFMR
Eff. Rent
0 BR$2,810$1,910
1 BR$2,930$1,980
2 BR$3,240$2,660
3 BR$4,130$3,740
4 BR$4,860$4,280
5 BR$5,589Not available
6 BR$6,427Not available
7 BR$7,391Not available
8 BR$8,500Not available

Purchase Price Calculator

Maximum purchase price
$333,358

Cost breakdown

+Likely effective rent$2,660
HUD FMR$3,240
Market rentUsed$2,660
Est. payment standard (90%)$2,920
-Principal and interest-$1,686
Loan amount$266,687
Down payment$66,672
Rate6.50%
Term30 years
-Operating costs-$774
Property taxes-$333
Insurance-$175
Utilities$0
HOA$0
Management-$266
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$42,387(63.6% ROI)
Projected value
$358,991
Return breakdown
Property appreciation+$25,632
Loan principal paid down+$9,555
Rental cash flow+$7,200
5-year hold
+$72,845(109.3% ROI)
Projected value
$377,164
Return breakdown
Property appreciation+$43,806
Loan principal paid down+$17,039
Rental cash flow+$12,000
10-year hold
+$157,969(236.9% ROI)
Projected value
$426,727
Return breakdown
Property appreciation+$93,369
Loan principal paid down+$40,600
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.47
1 BR
1.48
2 BR
1.22
3 BR
1.10
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 22181 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 22181 (Vienna, VA) is $3,240 a month. That is up 7.6% from $3,010 in FY 2026. Vienna 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 71 ZIP codes in Fairfax County, 22181 has the 5th-highest two-bedroom rent (county range $2,140–$3,660). The median county two-bedroom FMR in Virginia is $1,262, so ZIP 22181 is 157% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 22181
BedroomsFY 2027Change90–110% range
Studio$2,810+7.3%$2,529–$3,091
1BR$2,930+8.5%$2,637–$3,223
2BR$3,240+7.6%$2,916–$3,564
3BR$4,130+8.7%$3,717–$4,543
4BR$4,860+8.7%$4,374–$5,346

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 22181
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,810$2,930$3,240$4,130$4,860
FY 2026$2,620$2,700$3,010$3,800$4,470
FY 2025$2,540$2,590$2,920$3,650$4,310
FY 2024$2,110$2,150$2,440$3,040$3,600
FY 2023$1,800$1,830$2,080$2,600$3,100

Two-bedroom rent in nearby Fairfax County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 22181
22151$3,100−4.3%
22152$3,080−4.9%
22153$3,370+4.0%
22160$2,720−16.0%
22180$2,830−12.7%
22181Current$3,240—
22182$3,220−0.6%
22183$2,720−16.0%
22199$2,720−16.0%
22204$2,400−25.9%
22206$3,190−1.5%
22207$2,810−13.3%

Questions about ZIP 22181 rents

How much will Section 8 pay for a two-bedroom in ZIP 22181?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $3,240, that basic range is $2,916 to $3,564 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 22181 in?

ZIP 22181 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 22181 for FY 2027?

The two-bedroom FMR rose 7.6%, from $3,010 in FY 2026 to $3,240 in FY 2027. Since FY 2023 it has risen 55.8%.

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