Housing market/Maryland/ZIP 20815

ACS 2023 · FY2027 SAFMR

ZIP 20815 Chevy Chase, 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
31,269
Households
13,207
Median HH income
$198,243
Renter share
33.6%
Median gross rent
$2,408
Vacancy
6.9%
Pop. change
+2.5%
2BR SAFMR
$2,880
SAFMR / rent
1.196×
2–49 unit stock
1,106
LIHTC proj / units
1 / 81
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 20815 · MD — sent to you.

ZIP 20815 · MD

ACS median rent$2,408
2BR SAFMR$2,880
90% floor$2,592
110% ceiling$3,168

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

Housing stock

ACS 2023 units-in-structure · ZCTA 20815

  • 1-unit detached6,94148.9%
  • 1-unit attached6934.9%
  • 2–4 units2161.5%
  • 5–49 units8906.3%
  • 50+ units5,44438.4%
  • Mobile80.1%
TypeUnitsShare
1-unit detached6,94148.9%
1-unit attached6934.9%
2 units (duplex)770.5%
3–4 units1391.0%
5–9 units1961.4%
10–19 units2471.7%
20–49 units4473.1%
50+ units5,44438.4%
Mobile80.1%

2–4 unit share 1.5% · 5–49 unit share 6.3% · combined 2–49 7.8%.

Units by bedrooms

Studio
656
1BR
2,583
2BR
3,112
3BR
2,975
4BR
2,371
5+
2,495

Rent burden

Rent ≥30% of income46.6%
Rent ≥50% of income28.7%
  • ACS median gross rent $2,408 (all bedrooms, occupied rentals).
  • Median contract rent $2,309.
  • Renters paying ≥30% of income 46.6%; ≥50% 28.7%.
  • FY2027 2BR SAFMR $2,880 (1.196× ACS median gross rent).

Population

31,269 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +2.5%.

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

Assisted inventory

  • LIHTC: 1 projects, 81 units.
  • HUD project-based assisted MF: not published for this ZIP.
  • 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 20815 33.6% of occupied households are renters; vacancy is 6.9%; ACS median gross rent is $2,408; population increased +2.5% between the 2018 and 2023 ACS vintages; the housing stock includes 216 units in 2–4-unit structures and 890 units in 5–49-unit structures; 1 LIHTC projects totaling 81 units; FY2027 2BR SAFMR is $2,880 versus ACS median gross rent of $2,408. 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 20815 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 20815?

ZIP 20815 (Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area) has 31,269 residents, 13,207 households, a renter share of 33.6%, median household income of $198,243, and ACS 2023 median gross rent of $2,408. Vacancy is 6.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 20815?

ACS counts 77 units in 2-unit buildings, 139 in 3–4 unit buildings, 196 in 5–9, 247 in 10–19, and 447 in 20–49. Combined 2–49 unit stock is 1,106 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 20815?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,880. See the full schedule and 90–110% payment-standard band on the ZIP 20815 — Chevy Chase, MD HUD Section 8 Payment Standards / SAFMR.

Does this Maryland ZIP profile include Georgia listings?

No. ZIP 20815 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.