WA/Spokane County/OTIS ORCHARDS
OTIS ORCHARDS, WA
CitySAFMR
Spokane County
Found 1 ZIP
BRFMR
Eff. Rent
0 BR$1,080$1,190
1 BR$1,220$1,340
2 BR$1,570$1,690
3 BR$2,170$2,250
4 BR$2,540$2,720
5 BR$2,921
6 BR$3,359
7 BR$3,863
8 BR$4,442

Purchase Price Calculator

Maximum purchase price
$189,217

Cost breakdown

+Likely effective rent$1,690
HUD FMR$1,570
Market rent$1,760
Est. payment standard (108%)Used$1,690
Estimated payment standard is $1,690 (108% of FMR).
-Principal and interest-$957
Loan amount$151,373
Down payment$37,843
Rate6.50%
Term30 years
-Operating costs-$533
Property taxes-$189
Insurance-$175
Utilities$0
HOA$0
Management-$169
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$27,172(71.8% ROI)
Projected value
$203,766
Current value$189,217
Return breakdown
Property appreciation+$14,549
Loan principal paid down+$5,423
Rental cash flow+$7,200
5-year hold
+$46,536(123.0% ROI)
Projected value
$214,081
Current value$189,217
Return breakdown
Property appreciation+$24,865
Loan principal paid down+$9,671
Rental cash flow+$12,000
10-year hold
+$100,042(264.4% ROI)
Projected value
$242,214
Current value$189,217
Return breakdown
Property appreciation+$52,997
Loan principal paid down+$23,045
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio- 99027
0.80ratio
FMR$1,080
Market$1,350
vs market-$270

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

90% standard$972 / 0.72 ratio110% standard$1,188 / 0.88 ratio
0.80
1 BR
1 BR- 99027
0.84ratio
FMR$1,220
Market$1,460
vs market-$240

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

90% standard$1,098 / 0.75 ratio110% standard$1,342 / 0.92 ratio
0.84
2 BR
2 BR- 99027
0.89ratio
FMR$1,570
Market$1,760
vs market-$190

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

90% standard$1,413 / 0.80 ratio110% standard$1,727 / 0.98 ratio
0.89
3 BR
3 BR- 99027
0.94ratio
FMR$2,170
Market$2,300
vs market-$130

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

90% standard$1,953 / 0.85 ratio110% standard$2,387 / 1.04 ratio
0.94
4 BR
4 BR- 99027
0.90ratio
FMR$2,540
Market$2,820
vs market-$280

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

90% standard$2,286 / 0.81 ratio110% standard$2,794 / 0.99 ratio
0.90
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 OTIS ORCHARDS, 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

OTIS ORCHARDS, WA fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for OTIS ORCHARDS, WA shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,570 and the 4 bedroom fair market rent is $2,540.

Use this page for searches like OTIS ORCHARDS, WA FMR, OTIS ORCHARDS, WA fair market rent, and OTIS ORCHARDS, 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 OTIS ORCHARDS, WA
Bedroom sizeHUD FMR
Studio$1,080
1 bedroom$1,220
2 bedroom$1,570
3 bedroom$2,170
4 bedroom$2,540