FMR is below market; voucher rent may lag private rents.
0.63
1 BR
1 BR- 98014
0.71ratio
FMR$2,270
Market$3,180
vs market-$910
FMR is below market; voucher rent may lag private rents.
0.71
2 BR
2 BR- 98014
0.82ratio
FMR$2,650
Market$3,220
vs market-$570
FMR is below market; voucher rent may lag private rents.
0.82
3 BR
3 BR- 98014
0.96ratio
FMR$3,460
Market$3,600
vs market-$140
FMR is near market; voucher and private rents are aligned.
0.96
4 BR
4 BR- 98014
0.98ratio
FMR$4,110
Market$4,190
vs market-$80
FMR is near market; voucher and private rents are aligned.
0.98
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
Carnation, WA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Carnation, WA is $2,650 a month. That is up 13.2% from $2,340 in FY 2026. Carnation is in the Seattle-Bellevue, WA HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in Washington is $1,467, so Carnation is 81% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Carnation, WA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,940
$2,170
+11.9%
$1,953–$2,387
1BR
$2,010
$2,270
+12.9%
$2,043–$2,497
2BR
$2,340
$2,650
+13.2%
$2,385–$2,915
3BR
$3,060
$3,460
+13.1%
$3,114–$3,806
4BR
$3,600
$4,110
+14.2%
$3,699–$4,521
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Carnation, WA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,170
$2,270
$2,650
$3,460
$4,110
FY 2026
$1,940
$2,010
$2,340
$3,060
$3,600
FY 2025
$2,060
$2,110
$2,460
$3,240
$3,780
FY 2024
$2,000
$2,050
$2,390
$3,170
$3,690
FY 2023
$1,910
$1,970
$2,300
$3,090
$3,600
Questions about Carnation, WA rents
How much will Section 8 pay for a two-bedroom in Carnation, WA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,650, that basic range is $2,385 to $2,915 a month. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is Carnation, WA in?
Carnation, WA is in the Seattle-Bellevue, WA HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in Carnation, WA for FY 2027?
The two-bedroom FMR rose 13.2%, from $2,340 in FY 2026 to $2,650 in FY 2027. Since FY 2023 it has risen 15.2%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set