FMR is below market; voucher rent may lag private rents.
0.72
1 BR
1 BR- 98359
0.75ratio
FMR$1,400
Market$1,870
vs market-$470
FMR is below market; voucher rent may lag private rents.
0.75
2 BR
2 BR- 98359
0.72ratio
FMR$1,830
Market$2,530
vs market-$700
FMR is below market; voucher rent may lag private rents.
0.72
3 BR
3 BR- 98359
0.90ratio
FMR$2,410
Market$2,670
vs market-$260
FMR is near market; voucher and private rents are aligned.
0.90
4 BR
4 BR- 98359
0.86ratio
FMR$2,680
Market$3,100
vs market-$420
FMR is below market; voucher rent may lag private rents.
0.86
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
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Olalla, WA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Olalla, WA is $1,830 a month. That is down 1.6% from $1,860 in FY 2026. Olalla is in the Tacoma, 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 $2,064. The median county two-bedroom FMR in Washington is $1,467, so Olalla is 25% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Olalla, WA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,340
$1,260
−6.0%
$1,134–$1,386
1BR
$1,510
$1,400
−7.3%
$1,260–$1,540
2BR
$1,860
$1,830
−1.6%
$1,647–$2,013
3BR
$2,600
$2,410
−7.3%
$2,169–$2,651
4BR
$2,970
$2,680
−9.8%
$2,412–$2,948
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Olalla, WA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,260
$1,400
$1,830
$2,410
$2,680
FY 2026
$1,340
$1,510
$1,860
$2,600
$2,970
FY 2025
$1,290
$1,450
$1,850
$2,520
$2,920
FY 2024
$1,230
$1,390
$1,820
$2,400
$2,830
FY 2023
$1,200
$1,380
$1,800
$2,420
$2,910
Questions about Olalla, WA rents
How much will Section 8 pay for a two-bedroom in Olalla, WA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,064, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,858 to $2,270 a month; under the ZIP-level Small Area FMR of $1,830 it would be $1,647 to $2,013. 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 Olalla, WA in?
Olalla, WA is in the Tacoma, WA HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,064.
How much did fair market rent change in Olalla, WA for FY 2027?
The two-bedroom FMR fell 1.6%, from $1,860 in FY 2026 to $1,830 in FY 2027. Since FY 2023 it has risen 1.7%.
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