98005
ZIPSAFMR
King County, WA
BRFMR
Eff. Rent
0 BR$2,430$2,420
1 BR$2,510$2,510
2 BR$2,930$2,930
3 BR$3,830$3,830
4 BR$4,510$4,510
5 BR$5,187
6 BR$5,964
7 BR$6,859
8 BR$7,888

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio
1.00ratio
FMR$2,430
Market$2,420
vs market+$10

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1.00
1 BR
1 BR
0.91ratio
FMR$2,510
Market$2,750
vs market-$240

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

0.91
2 BR
2 BR
0.86ratio
FMR$2,930
Market$3,400
vs market-$470

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.86
3 BR
3 BR
0.92ratio
FMR$3,830
Market$4,180
vs market-$350

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

0.92
4 BR
4 BR
0.97ratio
FMR$4,510
Market$4,670
vs market-$160

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

0.97
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller unit sizes.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

Purchase Price Calculator

Maximum purchase price
$373,480
Rent
$2,930
Down payment
$74,696
Loan
$298,784
Mortgage
$1,889
Expenses
$841
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 98005 (WA) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.