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WA/Pierce County/Longmire

Longmire, WA

CityFMR
Pierce County
Found 1 ZIP
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City Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$1,491$1,640
1 BR$1,682$1,850
2 BR$2,064$2,270
3 BR$2,849$2,850
4 BR$3,219$3,090
5 BR$3,702Not available
6 BR$4,257Not available
7 BR$4,896Not available
8 BR$5,630Not available

Purchase Price Calculator

Maximum purchase price
$275,405

Cost breakdown

+Likely effective rent$2,270
HUD FMR$2,064
Market rent$2,790
Est. payment standard (110%)Used$2,270
-Principal and interest-$1,393
Loan amount$220,324
Down payment$55,081
Rate6.50%
Term30 years
-Operating costs-$677
Property taxes-$275
Insurance-$175
Utilities$0
HOA$0
Management-$227
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$36,270(65.8% ROI)
Projected value
$296,581
Return breakdown
Property appreciation+$21,176
Loan principal paid down+$7,894
Rental cash flow+$7,200
5-year hold
+$62,267(113.0% ROI)
Projected value
$311,595
Return breakdown
Property appreciation+$36,190
Loan principal paid down+$14,077
Rental cash flow+$12,000
10-year hold
+$134,678(244.5% ROI)
Projected value
$352,541
Return breakdown
Property appreciation+$77,137
Loan principal paid down+$33,542
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.59
1 BR
0.68
2 BR
0.74
3 BR
1.00
4 BR
1.04
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
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Mortgage rate
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Longmire, WA fair market rent, FY 2027

For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in Longmire, WA is $2,064 a month. That is up 4.7% from $1,971 in FY 2026. Longmire is in the Tacoma, WA HUD Metro FMR Area. The median county two-bedroom FMR in Washington is $1,467, so Longmire is 41% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Longmire, WA
BedroomsFY 2027Change90–110% range
Studio$1,491+4.4%$1,342–$1,640
1BR$1,682+4.8%$1,514–$1,850
2BR$2,064+4.7%$1,858–$2,270
3BR$2,849+4.2%$2,564–$3,134
4BR$3,219+3.8%$2,897–$3,541

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Longmire, WA
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,491$1,682$2,064$2,849$3,219
FY 2026$1,428$1,605$1,971$2,733$3,102
FY 2025$1,479$1,673$2,057$2,882$3,292
FY 2024$1,430$1,603$1,987$2,800$3,236
FY 2023$1,174$1,308$1,643$2,335$2,740

Questions about Longmire, WA rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,064, that basic range is $1,858 to $2,270 a month. 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 Longmire, WA in?

Longmire, WA is in the Tacoma, WA HUD Metro FMR Area. Small Area FMRs are not mandatory in this area.

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

The two-bedroom FMR rose 4.7%, from $1,971 in FY 2026 to $2,064 in FY 2027. Since FY 2023 it has risen 25.6%.

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 Fair Market Rents. 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