FMR is below market; voucher rent may lag private rents.
0.89
1 BR
1 BR- 99037
0.86ratio
FMR$1,260
Market$1,470
vs market-$210
FMR is below market; voucher rent may lag private rents.
0.86
2 BR
2 BR- 99037
0.90ratio
FMR$1,600
Market$1,780
vs market-$180
FMR is below market; voucher rent may lag private rents.
0.90
3 BR
3 BR- 99037
0.91ratio
FMR$2,190
Market$2,410
vs market-$220
FMR is near market; voucher and private rents are aligned.
0.91
4 BR
4 BR- 99037
1.00ratio
FMR$2,670
Market$2,670
vs market+$0
FMR is near market; voucher and private rents are aligned.
1.00
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
--
Veradale, WA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Veradale, WA is $1,600 a month. That is down 2.4% from $1,640 in FY 2026. Veradale is in the Spokane, WA HUD Metro 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 metro-wide two-bedroom FMR of $1,494. The median county two-bedroom FMR in Washington is $1,467, so Veradale is 9% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Veradale, WA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,180
$1,190
+0.8%
$1,071–$1,309
1BR
$1,280
$1,260
−1.6%
$1,134–$1,386
2BR
$1,640
$1,600
−2.4%
$1,440–$1,760
3BR
$2,240
$2,190
−2.2%
$1,971–$2,409
4BR
$2,680
$2,670
−0.4%
$2,403–$2,937
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Veradale, WA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,190
$1,260
$1,600
$2,190
$2,670
FY 2026
$1,180
$1,280
$1,640
$2,240
$2,680
FY 2025
$1,060
$1,190
$1,530
$2,120
$2,480
FY 2024
$930
$1,060
$1,360
$1,910
$2,220
FY 2023
$830
$950
$1,230
$1,750
$2,040
Questions about Veradale, WA rents
How much will Section 8 pay for a two-bedroom in Veradale, WA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,494, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,345 to $1,643 a month; under the ZIP-level Small Area FMR of $1,600 it would be $1,440 to $1,760. 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 Veradale, WA in?
Veradale, WA is in the Spokane, WA HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,494.
How much did fair market rent change in Veradale, WA for FY 2027?
The two-bedroom FMR fell 2.4%, from $1,640 in FY 2026 to $1,600 in FY 2027. Since FY 2023 it has risen 30.1%.
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