FMR is below market; voucher rent may lag private rents.
0.75
1 BR
1 BR- 99027
0.75ratio
FMR$1,100
Market$1,460
vs market-$360
FMR is below market; voucher rent may lag private rents.
0.75
2 BR
2 BR- 99027
0.81ratio
FMR$1,420
Market$1,760
vs market-$340
FMR is below market; voucher rent may lag private rents.
0.81
3 BR
3 BR- 99027
0.85ratio
FMR$1,960
Market$2,300
vs market-$340
FMR is below market; voucher rent may lag private rents.
0.85
4 BR
4 BR- 99027
0.81ratio
FMR$2,290
Market$2,820
vs market-$530
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
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Otis Orchards, WA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Otis Orchards, WA is $1,420 a month. That is down 9.6% from $1,570 in FY 2026. Otis Orchards 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 Otis Orchards is 3% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Otis Orchards, WA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,080
$1,010
−6.5%
$909–$1,111
1BR
$1,220
$1,100
−9.8%
$990–$1,210
2BR
$1,570
$1,420
−9.6%
$1,278–$1,562
3BR
$2,170
$1,960
−9.7%
$1,764–$2,156
4BR
$2,540
$2,290
−9.8%
$2,061–$2,519
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Otis Orchards, WA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,010
$1,100
$1,420
$1,960
$2,290
FY 2026
$1,080
$1,220
$1,570
$2,170
$2,540
FY 2025
$1,200
$1,350
$1,740
$2,410
$2,820
FY 2024
$1,280
$1,450
$1,870
$2,630
$3,060
FY 2023
$1,170
$1,330
$1,720
$2,440
$2,850
Questions about Otis Orchards, WA rents
How much will Section 8 pay for a two-bedroom in Otis Orchards, 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 $1,420 it would be $1,278 to $1,562. 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 Otis Orchards, WA in?
Otis Orchards, 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 Otis Orchards, WA for FY 2027?
The two-bedroom FMR fell 9.6%, from $1,570 in FY 2026 to $1,420 in FY 2027. Since FY 2023 it has fallen 17.4%.
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