FMR is below market; voucher rent may lag private rents.
0.82
1 BR
1 BR- 98294
0.81ratio
FMR$1,740
Market$2,140
vs market-$400
FMR is below market; voucher rent may lag private rents.
0.81
2 BR
2 BR- 98294
0.87ratio
FMR$2,030
Market$2,340
vs market-$310
FMR is below market; voucher rent may lag private rents.
0.87
3 BR
3 BR- 98294
1.04ratio
FMR$2,650
Market$2,550
vs market+$100
FMR is near market; voucher and private rents are aligned.
1.04
4 BR
4 BR- 98294
1.11ratio
FMR$3,150
Market$2,850
vs market+$300
FMR is above market; underwrite to market rent.
1.11
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
--
Sultan, WA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Sultan, WA is $2,030 a month. That is down 6.0% from $2,160 in FY 2026. Sultan 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 Sultan is 38% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Sultan, WA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,800
$1,670
−7.2%
$1,503–$1,837
1BR
$1,850
$1,740
−5.9%
$1,566–$1,914
2BR
$2,160
$2,030
−6.0%
$1,827–$2,233
3BR
$2,850
$2,650
−7.0%
$2,385–$2,915
4BR
$3,320
$3,150
−5.1%
$2,835–$3,465
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Sultan, WA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,670
$1,740
$2,030
$2,650
$3,150
FY 2026
$1,800
$1,850
$2,160
$2,850
$3,320
FY 2025
$1,990
$2,050
$2,390
$3,160
$3,680
FY 2024
$1,840
$1,890
$2,210
$2,970
$3,470
FY 2023
$1,700
$1,740
$2,040
$2,740
$3,200
Questions about Sultan, WA rents
How much will Section 8 pay for a two-bedroom in Sultan, WA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,030, that basic range is $1,827 to $2,233 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 Sultan, WA in?
Sultan, 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 Sultan, WA for FY 2027?
The two-bedroom FMR fell 6.0%, from $2,160 in FY 2026 to $2,030 in FY 2027. Since FY 2023 it has fallen 0.5%.
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