For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Liberty Lake, WA is $2,200 a month. That is down 0.9% from $2,220 in FY 2026. Liberty Lake is in the Spokane, WA HUD Metro 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 metro-wide two-bedroom FMR of $1,494. The median county two-bedroom FMR in Washington is $1,467, so Liberty Lake is 50% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Liberty Lake, WA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,600
$1,640
+2.5%
$1,476–$1,804
1BR
$1,730
$1,730
0.0%
$1,557–$1,903
2BR
$2,220
$2,200
−0.9%
$1,980–$2,420
3BR
$3,030
$3,010
−0.7%
$2,709–$3,311
4BR
$3,630
$3,680
+1.4%
$3,312–$4,048
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Liberty Lake, WA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,640
$1,730
$2,200
$3,010
$3,680
FY 2026
$1,600
$1,730
$2,220
$3,030
$3,630
FY 2025
$1,420
$1,590
$2,050
$2,840
$3,320
FY 2024
$1,170
$1,330
$1,720
$2,420
$2,810
FY 2023
$1,020
$1,160
$1,500
$2,130
$2,490
Questions about Liberty Lake, WA rents
How much will Section 8 pay for a two-bedroom in Liberty Lake, WA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,494, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,345 to $1,643 a month; under the ZIP-level Small Area FMR of $2,200 it would be $1,980 to $2,420. 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 Liberty Lake, WA in?
Liberty Lake, WA is in the Spokane, WA HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,494.
How much did fair market rent change in Liberty Lake, WA for FY 2027?
The two-bedroom FMR fell 0.9%, from $2,220 in FY 2026 to $2,200 in FY 2027. Since FY 2023 it has risen 46.7%.
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