FMR is below market; voucher rent may lag private rents.
0.59
1 BR
1 BR- 99005
0.62ratio
FMR$1,240
Market$2,010
vs market-$770
FMR is below market; voucher rent may lag private rents.
0.62
2 BR
2 BR- 99005
0.75ratio
FMR$1,580
Market$2,110
vs market-$530
FMR is below market; voucher rent may lag private rents.
0.75
3 BR
3 BR- 99005
0.96ratio
FMR$2,170
Market$2,270
vs market-$100
FMR is near market; voucher and private rents are aligned.
0.96
4 BR
4 BR- 99005
1.06ratio
FMR$2,640
Market$2,500
vs market+$140
FMR is near market; voucher and private rents are aligned.
1.06
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
--
Colbert, WA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Colbert, WA is $1,580 a month. That is down 7.6% from $1,710 in FY 2026. Colbert is in the Spokane, WA HUD Metro FMR Area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,494. The median county two-bedroom FMR in Washington is $1,467, so Colbert is 8% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Colbert, WA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,180
$1,180
0.0%
$1,062–$1,298
1BR
$1,330
$1,240
−6.8%
$1,116–$1,364
2BR
$1,710
$1,580
−7.6%
$1,422–$1,738
3BR
$2,350
$2,170
−7.7%
$1,953–$2,387
4BR
$2,760
$2,640
−4.3%
$2,376–$2,904
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Colbert, WA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,180
$1,240
$1,580
$2,170
$2,640
FY 2026
$1,180
$1,330
$1,710
$2,350
$2,760
FY 2025
$1,310
$1,470
$1,890
$2,610
$3,060
FY 2024
$1,340
$1,520
$1,960
$2,760
$3,200
FY 2023
$1,220
$1,390
$1,800
$2,560
$2,990
Questions about Colbert, WA rents
How much will Section 8 pay for a two-bedroom in Colbert, WA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,494, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,345 to $1,643 a month; under the ZIP-level Small Area FMR of $1,580 it would be $1,422 to $1,738. 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 Colbert, WA in?
Colbert, WA is in the Spokane, WA HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,494.
How much did fair market rent change in Colbert, WA for FY 2027?
The two-bedroom FMR fell 7.6%, from $1,710 in FY 2026 to $1,580 in FY 2027. Since FY 2023 it has fallen 12.2%.
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