WA/Pierce County/LAKEWOOD
LAKEWOOD, WA
CitySAFMR
Pierce County
Found 4 ZIPs
BRFMR
Eff. Rent
0 BR$1,340 – $1,430$1,340 – $1,430
1 BR$1,510 – $1,600$1,510 – $1,600
2 BR$1,860 – $1,970$1,860 – $1,970
3 BR$2,600 – $2,730$2,310 – $2,600
4 BR$2,970 – $3,100$2,490 – $2,970
5 BR$3,415
6 BR$3,928
7 BR$4,517
8 BR$5,195

Market Alignment

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

Studio
Studio· 2 ZIPs
0.94ratio range
Median FMR$1,340
Median Market$1,430
vs market-$90

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

2
Studio· 1 ZIP
0.96ratio
FMR$1,430
Market$1,490
vs market-$60

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
Studio· 1 ZIP
1.00ratio
FMR$1,340
Market$1,340
vs market+$0

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
0.94–1.00
1 BR
1 BR· 1 ZIP
0.82ratio
FMR$1,600
Market$1,940
vs market-$340

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

1
1 BR· 1 ZIP
0.93ratio
FMR$1,510
Market$1,630
vs market-$120

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
1 BR· 2 ZIPs
0.95ratio range
Median FMR$1,510
Median Market$1,590
vs market-$80

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

2
0.82–0.95
2 BR
2 BR· 1 ZIP
0.84ratio
FMR$1,860
Market$2,210
vs market-$350

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

1
2 BR· 2 ZIPs
0.92–0.93ratio range
Median FMR$1,915
Median Market$2,065
vs market-$150

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

2
2 BR· 1 ZIP
0.99ratio
FMR$1,860
Market$1,880
vs market-$20

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
0.84–0.99
3 BR
3 BR· 1 ZIP
0.97ratio
FMR$2,600
Market$2,670
vs market-$70

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
3 BR· 1 ZIP
1.00ratio
FMR$2,600
Market$2,610
vs market-$10

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
3 BR· 1 ZIP
1.03ratio
FMR$2,600
Market$2,530
vs market+$70

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
3 BR· 1 ZIP
1.18ratio
FMR$2,730
Market$2,310
vs market+$420

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1
0.97–1.18
4 BR
4 BR· 1 ZIP
0.97ratio
FMR$2,970
Market$3,070
vs market-$100

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
4 BR· 1 ZIP
0.99ratio
FMR$2,970
Market$2,990
vs market-$20

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
4 BR· 1 ZIP
1.02ratio
FMR$2,970
Market$2,900
vs market+$70

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1
4 BR· 1 ZIP
1.24ratio
FMR$3,100
Market$2,490
vs market+$610

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1
0.97–1.24
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

ZIP Codes

Ranked by Investment Score (vs area median)

About this result(HUD FMR/SAFMR details)

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