Not enough rental comps in this area to determine how FMR aligns with current market rates.
Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
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Mortgage rate
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Vashon, WA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Vashon, WA is $1,950 a month. That is down 9.7% from $2,160 in FY 2026. Vashon 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 Vashon is 33% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Vashon, WA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,800
$1,620
−10.0%
$1,458–$1,782
1BR
$1,850
$1,670
−9.7%
$1,503–$1,837
2BR
$2,160
$1,950
−9.7%
$1,755–$2,145
3BR
$2,850
$2,570
−9.8%
$2,313–$2,827
4BR
$3,320
$3,020
−9.0%
$2,718–$3,322
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Vashon, WA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,620
$1,670
$1,950
$2,570
$3,020
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
$1,510
$1,570
$1,840
$2,520
$2,960
Questions about Vashon, WA rents
How much will Section 8 pay for a two-bedroom in Vashon, WA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,950, that basic range is $1,755 to $2,145 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 Vashon, WA in?
Vashon, 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 Vashon, WA for FY 2027?
The two-bedroom FMR fell 9.7%, from $2,160 in FY 2026 to $1,950 in FY 2027. Since FY 2023 it has risen 6.0%.
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