Skip to main content
Loading page
Fairfax County/Alexandria/22309

22309

ZIPSAFMR
Fairfax County, VA
Zillow

ZIP Investment Score

103Above average

095130300
BRFMR
Eff. Rent
0 BR$1,870$1,760
1 BR$1,950$1,770
2 BR$2,160$2,380
3 BR$2,750$3,030
4 BR$3,240$3,560
5 BR$3,726Not available
6 BR$4,285Not available
7 BR$4,928Not available
8 BR$5,667Not available

Purchase Price Calculator

Maximum purchase price
$291,751

Cost breakdown

+Likely effective rent$2,380
HUD FMR$2,160
Market rent$2,690
Est. payment standard (110%)Used$2,380
-Principal and interest-$1,475
Loan amount$233,400
Down payment$58,350
Rate6.50%
Term30 years
-Operating costs-$705
Property taxes-$292
Insurance-$175
Utilities$0
HOA$0
Management-$238
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$37,995(65.1% ROI)
Projected value
$314,183
Return breakdown
Property appreciation+$22,433
Loan principal paid down+$8,362
Rental cash flow+$7,200
5-year hold
+$65,250(111.8% ROI)
Projected value
$330,089
Return breakdown
Property appreciation+$38,338
Loan principal paid down+$14,912
Rental cash flow+$12,000
10-year hold
+$141,247(242.1% ROI)
Projected value
$373,465
Return breakdown
Property appreciation+$81,715
Loan principal paid down+$35,533
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

Market Alignment

Studio
1.06
1 BR
1.10
2 BR
0.80
3 BR
0.82
4 BR
0.83
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 22309 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 22309 (Alexandria, VA) is $2,160 a month. That is up 8.5% from $1,990 in FY 2026. Alexandria 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, 22309 has the 70th-highest two-bedroom rent (county range $2,140–$3,660). The median county two-bedroom FMR in Virginia is $1,262, so ZIP 22309 is 71% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 22309
BedroomsFY 2027Change90–110% range
Studio$1,870+8.1%$1,683–$2,057
1BR$1,950+8.9%$1,755–$2,145
2BR$2,160+8.5%$1,944–$2,376
3BR$2,750+9.6%$2,475–$3,025
4BR$3,240+9.8%$2,916–$3,564

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 22309
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,870$1,950$2,160$2,750$3,240
FY 2026$1,730$1,790$1,990$2,510$2,950
FY 2025$1,780$1,820$2,050$2,560$3,020
FY 2024$1,600$1,630$1,850$2,300$2,730
FY 2023$1,470$1,490$1,700$2,130$2,540

Two-bedroom rent in nearby Fairfax County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 22309
22213$2,820+30.6%
22302$2,510+16.2%
22303$2,660+23.1%
22304$2,810+30.1%
22306$2,140−0.9%
22307$2,410+11.6%
22308$2,820+30.6%
22309Current$2,160—
22310$2,930+35.6%
22311$2,310+6.9%
22312$2,450+13.4%
22315$2,960+37.0%

Questions about ZIP 22309 rents

How much will Section 8 pay for a two-bedroom in ZIP 22309?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,160, that basic range is $1,944 to $2,376 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 22309 in?

ZIP 22309 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 22309 for FY 2027?

The two-bedroom FMR rose 8.5%, from $1,990 in FY 2026 to $2,160 in FY 2027. Since FY 2023 it has risen 27.1%.

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

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