FMR is near market; voucher and private rents are aligned.
1.09
1 BR
1 BR- 98051
1.17ratio
FMR$2,310
Market$1,980
vs market+$330
FMR is above market; underwrite to market rent.
1.17
2 BR
2 BR- 98051
1.04ratio
FMR$2,700
Market$2,600
vs market+$100
FMR is near market; voucher and private rents are aligned.
1.04
3 BR
3 BR- 98051
1.16ratio
FMR$3,520
Market$3,040
vs market+$480
FMR is above market; underwrite to market rent.
1.16
4 BR
4 BR- 98051
1.27ratio
FMR$4,190
Market$3,310
vs market+$880
FMR is above market; underwrite to market rent.
1.27
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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Ravensdale, WA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Ravensdale, WA is $2,700 a month. That is up 2.3% from $2,640 in FY 2026. Ravensdale is in the Seattle-Bellevue, WA HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in Washington is $1,467, so Ravensdale is 84% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Ravensdale, WA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,190
$2,210
+0.9%
$1,989–$2,431
1BR
$2,270
$2,310
+1.8%
$2,079–$2,541
2BR
$2,640
$2,700
+2.3%
$2,430–$2,970
3BR
$3,450
$3,520
+2.0%
$3,168–$3,872
4BR
$4,060
$4,190
+3.2%
$3,771–$4,609
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Ravensdale, WA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,210
$2,310
$2,700
$3,520
$4,190
FY 2026
$2,190
$2,270
$2,640
$3,450
$4,060
FY 2025
$2,270
$2,330
$2,710
$3,570
$4,160
FY 2024
$2,120
$2,180
$2,540
$3,370
$3,920
FY 2023
$1,920
$1,980
$2,310
$3,100
$3,620
Questions about Ravensdale, WA rents
How much will Section 8 pay for a two-bedroom in Ravensdale, WA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,700, that basic range is $2,430 to $2,970 a month. 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 Ravensdale, WA in?
Ravensdale, WA is in the Seattle-Bellevue, WA HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in Ravensdale, WA for FY 2027?
The two-bedroom FMR rose 2.3%, from $2,640 in FY 2026 to $2,700 in FY 2027. Since FY 2023 it has risen 16.9%.
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