FMR is below market; voucher rent may lag private rents.
0.59
1 BR
1 BR- 98836
0.66ratio
FMR$1,030
Market$1,550
vs market-$520
FMR is below market; voucher rent may lag private rents.
0.66
2 BR
2 BR- 98836
0.65ratio
FMR$1,350
Market$2,080
vs market-$730
FMR is below market; voucher rent may lag private rents.
0.65
3 BR
3 BR- 98836
0.76ratio
FMR$1,860
Market$2,460
vs market-$600
FMR is below market; voucher rent may lag private rents.
0.76
4 BR
4 BR- 98836
0.81ratio
FMR$2,270
Market$2,790
vs market-$520
FMR is below market; voucher rent may lag private rents.
0.81
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
Monitor, WA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Monitor, WA is $1,350 a month. That is up 0.7% from $1,340 in FY 2026. Monitor is in the Wenatchee-East Wenatchee, WA MSA. 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 $1,467. The median county two-bedroom FMR in Washington is $1,467, so Monitor is 8% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Monitor, WA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$920
$940
+2.2%
$846–$1,034
1BR
$1,030
$1,030
0.0%
$927–$1,133
2BR
$1,340
$1,350
+0.7%
$1,215–$1,485
3BR
$1,860
$1,860
0.0%
$1,674–$2,046
4BR
$2,230
$2,270
+1.8%
$2,043–$2,497
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Monitor, WA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$940
$1,030
$1,350
$1,860
$2,270
FY 2026
$920
$1,030
$1,340
$1,860
$2,230
FY 2025
$900
$1,040
$1,310
$1,810
$2,140
FY 2024
$890
$1,040
$1,310
$1,810
$2,100
FY 2023
$780
$960
$1,170
$1,600
$1,840
Questions about Monitor, WA rents
How much will Section 8 pay for a two-bedroom in Monitor, WA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,467, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,320 to $1,614 a month; under the ZIP-level Small Area FMR of $1,350 it would be $1,215 to $1,485. 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 Monitor, WA in?
Monitor, WA is in the Wenatchee-East Wenatchee, WA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,467.
How much did fair market rent change in Monitor, WA for FY 2027?
The two-bedroom FMR rose 0.7%, from $1,340 in FY 2026 to $1,350 in FY 2027. Since FY 2023 it has risen 15.4%.
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