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

Falls Church city

ZIP 22046

14,593 residents18 permits TTM$154,734 median HHI1 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$1,005,400

ACS 5-Year

Cap rate proxy

2.7%

FMR × 0.65 ÷ Home Value

Rent-to-income

17.1%

HUD FMR ÷ ACS HHI

Net migration

+4.52%

IRS SOI

Permits (TTM)

18

Census BPS

Climate risk

1.6

FEMA NRI (0–100)

ZIP 22046

Median home value

$1,037,020

Gross yield

3.0%

Cap rate

3.2%

Rent gap

-8.5%

Affordability

P/I: 6.7R/I: 21.6%

Section 8 detail

SAFMR: $2,570Rent: $2,205Gap: 16.6%
ZIP code breakdown1 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
22046$1,037,020$2,5703.0%3.2%-8.5%

Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.

Demographics

Owner-occupied

50.2%

Census ACS

Vacancy rate

4.8%

Census ACS

Bachelor's degree +

79.7%

Census ACS

Rent burdened

38.9%

Census ACS (>30% income)

Median age

39.4

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