FMR is near market; voucher and private rents are aligned.
0.97
1 BR
1 BR- 99324
0.87ratio
FMR$1,140
Market$1,310
vs market-$170
FMR is below market; voucher rent may lag private rents.
0.87
2 BR
2 BR- 99324
0.89ratio
FMR$1,490
Market$1,670
vs market-$180
FMR is below market; voucher rent may lag private rents.
0.89
3 BR
3 BR- 99324
0.97ratio
FMR$2,060
Market$2,130
vs market-$70
FMR is near market; voucher and private rents are aligned.
0.97
4 BR
4 BR- 99324
1.12ratio
FMR$2,490
Market$2,220
vs market+$270
FMR is above market; underwrite to market rent.
1.12
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
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College Place, WA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in College Place, WA is $1,490 a month. That is up 2.1% from $1,460 in FY 2026. College Place is in the Walla Walla, WA MSA. 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 $1,561. The median county two-bedroom FMR in Washington is $1,467, so College Place is 2% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for College Place, WA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,010
$1,080
+6.9%
$972–$1,188
1BR
$1,110
$1,140
+2.7%
$1,026–$1,254
2BR
$1,460
$1,490
+2.1%
$1,341–$1,639
3BR
$1,990
$2,060
+3.5%
$1,854–$2,266
4BR
$2,450
$2,490
+1.6%
$2,241–$2,739
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for College Place, WA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,080
$1,140
$1,490
$2,060
$2,490
FY 2026
$1,010
$1,110
$1,460
$1,990
$2,450
FY 2025
$930
$1,030
$1,350
$1,860
$2,270
FY 2024
$920
$1,030
$1,350
$1,850
$2,140
FY 2023
$790
$900
$1,180
$1,660
$1,850
Questions about College Place, WA rents
How much will Section 8 pay for a two-bedroom in College Place, WA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,561, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,405 to $1,717 a month; under the ZIP-level Small Area FMR of $1,490 it would be $1,341 to $1,639. 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 College Place, WA in?
College Place, WA is in the Walla Walla, WA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,561.
How much did fair market rent change in College Place, WA for FY 2027?
The two-bedroom FMR rose 2.1%, from $1,460 in FY 2026 to $1,490 in FY 2027. Since FY 2023 it has risen 26.3%.
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