WA/Island County/GREENBANK
GREENBANK, WA
CitySAFMR
Island County
Found 1 ZIP
BRFMR
Eff. Rent
0 BR$1,080$1,080
1 BR$1,240$1,240
2 BR$1,530$1,530
3 BR$2,130$2,130
4 BR$2,500$2,500
5 BR$2,875
6 BR$3,306
7 BR$3,802
8 BR$4,373

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio· 98253
0.44ratio
FMR$1,080
Market$2,480
vs market-$1,400

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.44
1 BR
1 BR· 98253
0.50ratio
FMR$1,240
Market$2,470
vs market-$1,230

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.50
2 BR
2 BR· 98253
0.61ratio
FMR$1,530
Market$2,490
vs market-$960

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.61
3 BR
3 BR· 98253
0.79ratio
FMR$2,130
Market$2,680
vs market-$550

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.79
4 BR
4 BR· 98253
0.80ratio
FMR$2,500
Market$3,140
vs market-$640

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.80
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for all bedroom sizes.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

Purchase Price Calculator

Maximum purchase price
$165,441
Rent
$1,530
Down payment
$33,088
Loan
$132,353
Mortgage
$837
Expenses
$493
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for GREENBANK, 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.

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