FMR is below market; voucher rent may lag private rents.
0.87
1 BR
1 BR- 98024
0.98ratio
FMR$2,540
Market$2,590
vs market-$50
FMR is near market; voucher and private rents are aligned.
0.98
2 BR
2 BR- 98024
0.97ratio
FMR$2,970
Market$3,070
vs market-$100
FMR is near market; voucher and private rents are aligned.
0.97
3 BR
3 BR- 98024
1.12ratio
FMR$3,870
Market$3,470
vs market+$400
FMR is above market; underwrite to market rent.
1.12
4 BR
4 BR- 98024
1.08ratio
FMR$4,610
Market$4,250
vs market+$360
FMR is near market; voucher and private rents are aligned.
1.08
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
--
Fall City, WA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Fall City, WA is $2,970 a month. That is up 20.2% from $2,470 in FY 2026. Fall City 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 Fall City is 102% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Fall City, WA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,050
$2,440
+19.0%
$2,196–$2,684
1BR
$2,120
$2,540
+19.8%
$2,286–$2,794
2BR
$2,470
$2,970
+20.2%
$2,673–$3,267
3BR
$3,230
$3,870
+19.8%
$3,483–$4,257
4BR
$3,800
$4,610
+21.3%
$4,149–$5,071
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Fall City, WA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,440
$2,540
$2,970
$3,870
$4,610
FY 2026
$2,050
$2,120
$2,470
$3,230
$3,800
FY 2025
$2,260
$2,320
$2,700
$3,560
$4,150
FY 2024
$2,310
$2,370
$2,760
$3,660
$4,260
FY 2023
$2,250
$2,310
$2,700
$3,630
$4,230
Questions about Fall City, WA rents
How much will Section 8 pay for a two-bedroom in Fall City, WA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,970, that basic range is $2,673 to $3,267 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 Fall City, WA in?
Fall City, 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 Fall City, WA for FY 2027?
The two-bedroom FMR rose 20.2%, from $2,470 in FY 2026 to $2,970 in FY 2027. Since FY 2023 it has risen 10.0%.
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