WA/Snohomish County/MILL CREEK
MILL CREEK, WA
CitySAFMR
Snohomish County
Found 1 ZIP
BRFMR
Eff. Rent
0 BR$1,920$2,110
1 BR$1,990$2,190
2 BR$2,320$2,550
3 BR$3,040$3,340
4 BR$3,570$3,780
5 BR$4,106
6 BR$4,721
7 BR$5,430
8 BR$6,244

Purchase Price Calculator

Maximum purchase price
$317,012

Cost breakdown

+Likely effective rent$2,550
HUD FMR$2,320
Market rent$3,090
Est. payment standard (110%)Used$2,550
Estimated payment standard is $2,550 (110% of FMR).
-Principal and interest-$1,603
Loan amount$253,610
Down payment$63,402
Rate6.50%
Term30 years
-Operating costs-$747
Property taxes-$317
Insurance-$175
Utilities$0
HOA$0
Management-$255
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$40,662(64.1% ROI)
Projected value
$341,388
Current value$317,012
Return breakdown
Property appreciation+$24,375
Loan principal paid down+$9,086
Rental cash flow+$7,200
5-year hold
+$69,861(110.2% ROI)
Projected value
$358,671
Current value$317,012
Return breakdown
Property appreciation+$41,658
Loan principal paid down+$16,203
Rental cash flow+$12,000
10-year hold
+$151,400(238.8% ROI)
Projected value
$405,803
Current value$317,012
Return breakdown
Property appreciation+$88,790
Loan principal paid down+$38,609
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- 98082
0.78ratio
FMR$1,920
Market$2,470
vs market-$550

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

90% standard$1,728 / 0.70 ratio110% standard$2,112 / 0.86 ratio
0.78
1 BR
1 BR- 98082
0.80ratio
FMR$1,990
Market$2,480
vs market-$490

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

90% standard$1,791 / 0.72 ratio110% standard$2,189 / 0.88 ratio
0.80
2 BR
2 BR- 98082
0.75ratio
FMR$2,320
Market$3,090
vs market-$770

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

90% standard$2,088 / 0.68 ratio110% standard$2,552 / 0.83 ratio
0.75
3 BR
3 BR- 98082
0.86ratio
FMR$3,040
Market$3,540
vs market-$500

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

90% standard$2,736 / 0.77 ratio110% standard$3,344 / 0.94 ratio
0.86
4 BR
4 BR- 98082
0.92ratio
FMR$3,570
Market$3,900
vs market-$330

FMR is near market; voucher and private rents are aligned.

90% standard$3,213 / 0.82 ratio110% standard$3,927 / 1.01 ratio
0.92
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller unit sizes.

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 MILL CREEK, 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

MILL CREEK, WA fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for MILL CREEK, WA shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,320 and the 4 bedroom fair market rent is $3,570.

Use this page for searches like MILL CREEK, WA FMR, MILL CREEK, WA fair market rent, and MILL CREEK, 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 MILL CREEK, WA
Bedroom sizeHUD FMR
Studio$1,920
1 bedroom$1,990
2 bedroom$2,320
3 bedroom$3,040
4 bedroom$3,570