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Fairfax County/Arlington/22206

22206

ZIPSAFMR
Fairfax County, VA
Zillow

ZIP Investment Score

79Below average

095130300
BRFMR
Eff. Rent
0 BR$2,760$1,910
1 BR$2,880$2,190
2 BR$3,190$2,720
3 BR$4,070$3,350
4 BR$4,790$3,890
5 BR$5,509Not available
6 BR$6,335Not available
7 BR$7,285Not available
8 BR$8,378Not available

Purchase Price Calculator

Maximum purchase price
$342,274

Cost breakdown

+Likely effective rent$2,720
HUD FMR$3,190
Market rentUsed$2,720
Est. payment standard (90%)$2,880
-Principal and interest-$1,731
Loan amount$273,820
Down payment$68,455
Rate6.50%
Term30 years
-Operating costs-$789
Property taxes-$342
Insurance-$175
Utilities$0
HOA$0
Management-$272
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$43,328(63.3% ROI)
Projected value
$368,592
Return breakdown
Property appreciation+$26,318
Loan principal paid down+$9,810
Rental cash flow+$7,200
5-year hold
+$74,472(108.8% ROI)
Projected value
$387,252
Return breakdown
Property appreciation+$44,978
Loan principal paid down+$17,494
Rental cash flow+$12,000
10-year hold
+$161,552(236.0% ROI)
Projected value
$438,140
Return breakdown
Property appreciation+$95,866
Loan principal paid down+$41,686
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.45
1 BR
1.32
2 BR
1.17
3 BR
1.21
4 BR
1.23
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 22206 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 22206 (Arlington, VA) is $3,190 a month. That is up 9.2% from $2,920 in FY 2026. Arlington 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, 22206 has the 7th-highest two-bedroom rent (county range $2,140–$3,660). The median county two-bedroom FMR in Virginia is $1,262, so ZIP 22206 is 153% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 22206
BedroomsFY 2027Change90–110% range
Studio$2,760+8.7%$2,484–$3,036
1BR$2,880+9.9%$2,592–$3,168
2BR$3,190+9.2%$2,871–$3,509
3BR$4,070+10.3%$3,663–$4,477
4BR$4,790+10.6%$4,311–$5,269

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 22206
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,760$2,880$3,190$4,070$4,790
FY 2026$2,540$2,620$2,920$3,690$4,330
FY 2025$2,520$2,580$2,900$3,630$4,280
FY 2024$2,220$2,260$2,560$3,180$3,770
FY 2023$2,070$2,100$2,390$2,990$3,570

Two-bedroom rent in nearby Fairfax County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 22206
22152$3,080−3.4%
22153$3,370+5.6%
22160$2,720−14.7%
22180$2,830−11.3%
22181$3,240+1.6%
22182$3,220+0.9%
22183$2,720−14.7%
22199$2,720−14.7%
22204$2,400−24.8%
22206Current$3,190—
22207$2,810−11.9%
22213$2,820−11.6%

Questions about ZIP 22206 rents

How much will Section 8 pay for a two-bedroom in ZIP 22206?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $3,190, that basic range is $2,871 to $3,509 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 22206 in?

ZIP 22206 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 22206 for FY 2027?

The two-bedroom FMR rose 9.2%, from $2,920 in FY 2026 to $3,190 in FY 2027. Since FY 2023 it has risen 33.5%.

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 rentArlington, VA fair market rentVA statewide rentsWhat is SAFMR?Data sources