Washington-Arlington-Alexandria, DC-VA-MD-WV · Virginia

Arlington County

ZIP 22204

235,463 residents2,203 permits TTM$140,160 median HHI11 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$864,800

ACS 5-Year

Cap rate proxy

3.1%

FMR × 0.65 ÷ Home Value

Rent-to-income

19.5%

HUD FMR ÷ ACS HHI

Net migration

+5.71%

IRS SOI

Permits (TTM)

2,203

Census BPS

Climate risk

66.8

FEMA NRI (0–100)

ZIP 22204

Median home value

$604,868

Gross yield

4.4%

Cap rate

4.3%

Rent gap

1.8%

Affordability

P/I: 4.3R/I: 18.6%

Section 8 detail

SAFMR: $2,210Rent: $2,275Gap: -2.9%
ZIP code breakdown11 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
22206$550,336$2,9206.4%5.1%19.8%
22201$692,129$3,3705.8%4.7%20.3%
22203$640,150$3,0405.7%5.3%7.1%
22202$758,737$3,3705.3%4.2%21.5%
22211$864,800county est.$2,7803.9%3.2%18.2%

Ranked by composite score

ZIP comparison table. Showing 5 of 11 ZIPs. Sign up to see all.

Demographics

Owner-occupied

41.8%

Census ACS

Vacancy rate

7.6%

Census ACS

Bachelor's degree +

77.1%

Census ACS

Rent burdened

38.6%

Census ACS (>30% income)

Median age

35.5

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026