GRAHAM, WA
CitySAFMR
Pierce County
Found 1 ZIP
BRFMR
Eff. Rent
0 BR$1,550$1,710
1 BR$1,740$1,910
2 BR$2,140$2,320
3 BR$2,970$2,610
4 BR$3,370$2,950
5 BR$3,875
6 BR$4,457
7 BR$5,125
8 BR$5,894

Purchase Price Calculator

Maximum purchase price
$282,835

Cost breakdown

+Likely effective rent$2,320
HUD FMR$2,140
Market rent$2,410
Est. payment standard (108%)Used$2,320
Estimated payment standard is $2,320 (108% of FMR).
-Principal and interest-$1,430
Loan amount$226,268
Down payment$56,567
Rate6.50%
Term30 years
-Operating costs-$690
Property taxes-$283
Insurance-$175
Utilities$0
HOA$0
Management-$232
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$37,054(65.5% ROI)
Projected value
$304,582
Current value$282,835
Return breakdown
Property appreciation+$21,747
Loan principal paid down+$8,107
Rental cash flow+$7,200
5-year hold
+$63,623(112.5% ROI)
Projected value
$320,001
Current value$282,835
Return breakdown
Property appreciation+$37,167
Loan principal paid down+$14,456
Rental cash flow+$12,000
10-year hold
+$137,664(243.4% ROI)
Projected value
$362,052
Current value$282,835
Return breakdown
Property appreciation+$79,218
Loan principal paid down+$34,447
Rental cash flow+$24,000

Upgrade to access AI-powered research tools

Upgrade

Rolodex

Upgrade to access AI-powered research tools

Upgrade

Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio- 98338
0.70ratio
FMR$1,550
Market$2,220
vs market-$670

FMR is below market; voucher rent may lag private rents.

90% standard$1,395 / 0.63 ratio110% standard$1,705 / 0.77 ratio
0.70
1 BR
1 BR- 98338
0.81ratio
FMR$1,740
Market$2,160
vs market-$420

FMR is below market; voucher rent may lag private rents.

90% standard$1,566 / 0.73 ratio110% standard$1,914 / 0.89 ratio
0.81
2 BR
2 BR- 98338
0.89ratio
FMR$2,140
Market$2,410
vs market-$270

FMR is below market; voucher rent may lag private rents.

90% standard$1,926 / 0.80 ratio110% standard$2,354 / 0.98 ratio
0.89
3 BR
3 BR- 98338
1.14ratio
FMR$2,970
Market$2,610
vs market+$360

FMR is above market; underwrite to market rent.

90% standard$2,673 / 1.02 ratio110% standard$3,267 / 1.25 ratio
1.14
4 BR
4 BR- 98338
1.14ratio
FMR$3,370
Market$2,950
vs market+$420

FMR is above market; underwrite to market rent.

90% standard$3,033 / 1.03 ratio110% standard$3,707 / 1.26 ratio
1.14
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for GRAHAM, WA (WA) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

Related ZIPs

GRAHAM, WA fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for GRAHAM, WA shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,140 and the 4 bedroom fair market rent is $3,370.

Use this page for searches like GRAHAM, WA FMR, GRAHAM, WA fair market rent, and GRAHAM, WA Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for GRAHAM, WA
Bedroom sizeHUD FMR
Studio$1,550
1 bedroom$1,740
2 bedroom$2,140
3 bedroom$2,970
4 bedroom$3,370