Housing market/Virginia/ZIP 22031

ACS 2023 · FY2027 SAFMR

ZIP 22031 Fairfax, Virginia

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

Population
36,586
Households
14,777
Median HH income
$129,743
Renter share
52.1%
Median gross rent
$2,267
Vacancy
4.0%
Pop. change
+11.5%
2BR SAFMR
$2,970
SAFMR / rent
1.310×
2–49 unit stock
4,037
LIHTC proj / units
—
HUD assisted MF
3 / 247

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 22031 · VA — sent to you.

ZIP 22031 · VA

ACS median rent$2,267
2BR SAFMR$2,970
90% floor$2,673
110% ceiling$3,267

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

Housing stock

ACS 2023 units-in-structure · ZCTA 22031

  • 1-unit detached3,62123.5%
  • 1-unit attached3,74624.3%
  • 2–4 units2991.9%
  • 5–49 units3,73824.3%
  • 50+ units3,97425.8%
  • Mobile120.1%
TypeUnitsShare
1-unit detached3,62123.5%
1-unit attached3,74624.3%
2 units (duplex)1130.7%
3–4 units1861.2%
5–9 units1,1987.8%
10–19 units1,74711.4%
20–49 units7935.2%
50+ units3,97425.8%
Mobile120.1%

2–4 unit share 1.9% · 5–49 unit share 24.3% · combined 2–49 26.2%.

Units by bedrooms

Studio
904
1BR
3,196
2BR
4,147
3BR
3,857
4BR
2,191
5+
1,095

Rent burden

Rent ≥30% of income41.0%
Rent ≥50% of income18.0%
  • ACS median gross rent $2,267 (all bedrooms, occupied rentals).
  • Median contract rent $2,090.
  • Renters paying ≥30% of income 41.0%; ≥50% 18.0%.
  • FY2027 2BR SAFMR $2,970 (1.310× ACS median gross rent).

Population

36,586 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +11.5%.

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

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: 3 properties, 247 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 1,836 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 22031 52.1% of occupied households are renters; vacancy is 4.0%; ACS median gross rent is $2,267; population increased +11.5% between the 2018 and 2023 ACS vintages; the housing stock includes 299 units in 2–4-unit structures and 3,738 units in 5–49-unit structures; FY2027 2BR SAFMR is $2,970 versus ACS median gross rent of $2,267. 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.

Virginia research

ZIP 22031 is a Census / HUD profile for Washington-Arlington-Alexandria, DC-VA-MD, VA. 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 Virginia research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 22031?

ZIP 22031 (Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area) has 36,586 residents, 14,777 households, a renter share of 52.1%, median household income of $129,743, and ACS 2023 median gross rent of $2,267. Vacancy is 4.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 22031?

ACS counts 113 units in 2-unit buildings, 186 in 3–4 unit buildings, 1,198 in 5–9, 1,747 in 10–19, and 793 in 20–49. Combined 2–49 unit stock is 4,037 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 22031?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,970. See the full schedule and 90–110% payment-standard band on the ZIP 22031 — Fairfax, VA HUD Section 8 Payment Standards / SAFMR.

Does this Virginia ZIP profile include Georgia listings?

No. ZIP 22031 is Census / HUD research for Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area. Jeff Crowe CRE does not list Virginia 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.