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WA/San Juan County/Friday Harbor

Friday Harbor, WA

CitySAFMR
San Juan County
Found 1 ZIP

City Median Investment Score

38Below average

095130300
BRFMR
Eff. Rent
0 BR$1,480$1,630
1 BR$1,620$1,690
2 BR$2,120$2,290
3 BR$2,780$2,610
4 BR$2,790$2,720
5 BR$3,208Not available
6 BR$3,690Not available
7 BR$4,243Not available
8 BR$4,880Not available

Purchase Price Calculator

Maximum purchase price
$278,377

Cost breakdown

+Likely effective rent$2,290
HUD FMR$2,120
Market rent$2,380
Est. payment standard (108%)Used$2,290
-Principal and interest-$1,408
Loan amount$222,701
Down payment$55,675
Rate6.50%
Term30 years
-Operating costs-$682
Property taxes-$278
Insurance-$175
Utilities$0
HOA$0
Management-$229
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$36,583(65.7% ROI)
Projected value
$299,781
Return breakdown
Property appreciation+$21,405
Loan principal paid down+$7,979
Rental cash flow+$7,200
5-year hold
+$62,809(112.8% ROI)
Projected value
$314,958
Return breakdown
Property appreciation+$36,581
Loan principal paid down+$14,228
Rental cash flow+$12,000
10-year hold
+$135,873(244.0% ROI)
Projected value
$356,346
Return breakdown
Property appreciation+$77,969
Loan principal paid down+$33,904
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.84
1 BR
0.94
2 BR
0.89
3 BR
1.07
4 BR
1.03
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Friday Harbor, WA fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Friday Harbor, WA is $2,120 a month. That is up 17.1% from $1,810 in FY 2026. Friday Harbor is in the San Juan County, WA non-metropolitan 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 county-wide two-bedroom FMR of $2,022. The median county two-bedroom FMR in Washington is $1,467, so Friday Harbor is 45% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Friday Harbor, WA
BedroomsFY 2027Change90–110% range
Studio$1,480+18.4%$1,332–$1,628
1BR$1,620+17.4%$1,458–$1,782
2BR$2,120+17.1%$1,908–$2,332
3BR$2,780+15.8%$2,502–$3,058
4BR$2,790+16.3%$2,511–$3,069

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Friday Harbor, WA
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,480$1,620$2,120$2,780$2,790
FY 2026$1,250$1,380$1,810$2,400$2,400
FY 2025$1,180$1,310$1,720$2,250$2,290
FY 2024area FMR$1,127$1,266$1,663$2,207$2,312
FY 2023area FMR$1,035$1,133$1,492$1,993$2,182

Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.

Questions about Friday Harbor, WA rents

How much will Section 8 pay for a two-bedroom in Friday Harbor, WA?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $2,022, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,820 to $2,224 a month; under the ZIP-level Small Area FMR of $2,120 it would be $1,908 to $2,332. 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 Friday Harbor, WA in?

Friday Harbor, WA is in the San Juan County, WA non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $2,022.

How much did fair market rent change in Friday Harbor, WA for FY 2027?

The two-bedroom FMR rose 17.1%, from $1,810 in FY 2026 to $2,120 in FY 2027. Since FY 2025 it has risen 23.3%.

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