Housing market/Virginia/ZIP 22150

ACS 2023 · FY2027 SAFMR

ZIP 22150 Springfield, 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
27,770
Households
9,381
Median HH income
$120,406
Renter share
36.1%
Median gross rent
$2,631
Vacancy
3.2%
Pop. change
-0.3%
2BR SAFMR
$2,780
SAFMR / rent
1.057×
2–49 unit stock
1,564
LIHTC proj / units
1 / 347
HUD assisted MF
1 / 18

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 22150 · VA — sent to you.

ZIP 22150 · VA

ACS median rent$2,631
2BR SAFMR$2,780
90% floor$2,502
110% ceiling$3,058

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

Housing stock

ACS 2023 units-in-structure · ZCTA 22150

  • 1-unit detached5,46256.3%
  • 1-unit attached1,09411.3%
  • 2–4 units410.4%
  • 5–49 units1,52315.7%
  • 50+ units1,52115.7%
  • Mobile540.6%
TypeUnitsShare
1-unit detached5,46256.3%
1-unit attached1,09411.3%
2 units (duplex)240.2%
3–4 units170.2%
5–9 units1361.4%
10–19 units9519.8%
20–49 units4364.5%
50+ units1,52115.7%
Mobile540.6%

2–4 unit share 0.4% · 5–49 unit share 15.7% · combined 2–49 16.1%.

Units by bedrooms

Studio
132
1BR
1,035
2BR
1,979
3BR
3,285
4BR
2,015
5+
1,249

Rent burden

Rent ≥30% of income61.2%
Rent ≥50% of income37.0%
  • ACS median gross rent $2,631 (all bedrooms, occupied rentals).
  • Median contract rent $2,400.
  • Renters paying ≥30% of income 61.2%; ≥50% 37.0%.
  • FY2027 2BR SAFMR $2,780 (1.057× ACS median gross rent).

Population

27,770 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -0.3%.

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

Assisted inventory

  • LIHTC: 1 projects, 347 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 2,122 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 22150 36.1% of occupied households are renters; vacancy is 3.2%; ACS median gross rent is $2,631; population changed -0.3% between the 2018 and 2023 ACS vintages; the housing stock includes 41 units in 2–4-unit structures and 1,523 units in 5–49-unit structures; 1 LIHTC projects totaling 347 units; FY2027 2BR SAFMR is $2,780 versus ACS median gross rent of $2,631. 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 22150 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 22150?

ZIP 22150 (Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area) has 27,770 residents, 9,381 households, a renter share of 36.1%, median household income of $120,406, and ACS 2023 median gross rent of $2,631. Vacancy is 3.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 22150?

ACS counts 24 units in 2-unit buildings, 17 in 3–4 unit buildings, 136 in 5–9, 951 in 10–19, and 436 in 20–49. Combined 2–49 unit stock is 1,564 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 22150?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,780. See the full schedule and 90–110% payment-standard band on the ZIP 22150 — Springfield, VA HUD Section 8 Payment Standards / SAFMR.

Does this Virginia ZIP profile include Georgia listings?

No. ZIP 22150 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.