Housing market/Maryland/ZIP 20851

ACS 2023 · FY2027 SAFMR

ZIP 20851 Rockville, Maryland

Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area · Maryland. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
14,660
Households
5,071
Median HH income
$113,951
Renter share
43.3%
Median gross rent
$1,924
Vacancy
3.6%
Pop. change
-2.9%
2BR SAFMR
$2,370
SAFMR / rent
1.232×
2–49 unit stock
1,400
LIHTC proj / units
1 / 67
HUD assisted MF
1 / 18

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 20851 · MD — sent to you.

ZIP 20851 · MD

ACS median rent$1,924
2BR SAFMR$2,370
90% floor$2,133
110% ceiling$2,607

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 20851

  • 1-unit detached3,48566.2%
  • 1-unit attached2294.4%
  • 2–4 units1152.2%
  • 5–49 units1,28524.4%
  • 50+ units1492.8%
TypeUnitsShare
1-unit detached3,48566.2%
1-unit attached2294.4%
2 units (duplex)210.4%
3–4 units941.8%
5–9 units4328.2%
10–19 units5099.7%
20–49 units3446.5%
50+ units1492.8%
Mobile00.0%

2–4 unit share 2.2% · 5–49 unit share 24.4% · combined 2–49 26.6%.

Units by bedrooms

Studio
105
1BR
427
2BR
1,079
3BR
1,717
4BR
1,557
5+
378

Rent burden

Rent ≥30% of income49.5%
Rent ≥50% of income20.3%
  • ACS median gross rent $1,924 (all bedrooms, occupied rentals).
  • Median contract rent $1,843.
  • Renters paying ≥30% of income 49.5%; ≥50% 20.3%.
  • FY2027 2BR SAFMR $2,370 (1.232× ACS median gross rent).

Population

14,660 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -2.9%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 1 projects, 67 units.
  • HUD project-based assisted MF: 1 properties, 18 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 559 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 20851 43.3% of occupied households are renters; vacancy is 3.6%; ACS median gross rent is $1,924; population changed -2.9% between the 2018 and 2023 ACS vintages; the housing stock includes 115 units in 2–4-unit structures and 1,285 units in 5–49-unit structures; 1 LIHTC projects totaling 67 units; FY2027 2BR SAFMR is $2,370 versus ACS median gross rent of $1,924. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Maryland research

ZIP 20851 is a Census / HUD profile for Washington-Arlington-Alexandria, DC-VA-MD, MD. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Maryland research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 20851?

ZIP 20851 (Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area) has 14,660 residents, 5,071 households, a renter share of 43.3%, median household income of $113,951, and ACS 2023 median gross rent of $1,924. Vacancy is 3.6%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 20851?

ACS counts 21 units in 2-unit buildings, 94 in 3–4 unit buildings, 432 in 5–9, 509 in 10–19, and 344 in 20–49. Combined 2–49 unit stock is 1,400 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 20851?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,370. See the full schedule and 90–110% payment-standard band on the ZIP 20851 — Rockville, MD HUD Section 8 Payment Standards / SAFMR.

Does this Maryland ZIP profile include Georgia listings?

No. ZIP 20851 is Census / HUD research for Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area. Jeff Crowe CRE does not list Maryland property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.