FMR is near market; voucher and private rents are aligned.
0.93
1 BR
1 BR- 98584
0.88ratio
FMR$1,220
Market$1,380
vs market-$160
FMR is below market; voucher rent may lag private rents.
0.88
2 BR
2 BR- 98584
0.90ratio
FMR$1,590
Market$1,770
vs market-$180
FMR is below market; voucher rent may lag private rents.
0.90
3 BR
3 BR- 98584
1.06ratio
FMR$2,200
Market$2,070
vs market+$130
FMR is near market; voucher and private rents are aligned.
1.06
4 BR
4 BR- 98584
1.15ratio
FMR$2,350
Market$2,040
vs market+$310
FMR is above market; underwrite to market rent.
1.15
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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Shelton, WA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Shelton, WA is $1,590 a month. That is up 15.2% from $1,380 in FY 2026. Shelton is in the Mason County, WA non-metropolitan 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 county-wide two-bedroom FMR of $1,572. The median county two-bedroom FMR in Washington is $1,467, so Shelton is 8% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Shelton, WA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,050
$1,160
+10.5%
$1,044–$1,276
1BR
$1,050
$1,220
+16.2%
$1,098–$1,342
2BR
$1,380
$1,590
+15.2%
$1,431–$1,749
3BR
$1,920
$2,200
+14.6%
$1,980–$2,420
4BR
$2,140
$2,350
+9.8%
$2,115–$2,585
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Shelton, WA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,160
$1,220
$1,590
$2,200
$2,350
FY 2026
$1,050
$1,050
$1,380
$1,920
$2,140
FY 2025
$970
$980
$1,280
$1,790
$1,950
FY 2024area FMR
$866
$1,040
$1,278
$1,801
$1,885
FY 2023area FMR
$790
$1,046
$1,181
$1,678
$1,691
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Shelton, WA rents
How much will Section 8 pay for a two-bedroom in Shelton, WA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,572, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,415 to $1,729 a month; under the ZIP-level Small Area FMR of $1,590 it would be $1,431 to $1,749. 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 Shelton, WA in?
Shelton, WA is in the Mason County, WA non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,572.
How much did fair market rent change in Shelton, WA for FY 2027?
The two-bedroom FMR rose 15.2%, from $1,380 in FY 2026 to $1,590 in FY 2027. Since FY 2025 it has risen 24.2%.
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