98006
ZIPSAFMR
King County, WA
BRFMR
Eff. Rent
0 BR$2,950$1,830
1 BR$3,050$2,070
2 BR$3,560$2,870
3 BR$4,660$3,430
4 BR$5,480$4,070
5 BR$6,302
6 BR$7,247
7 BR$8,334
8 BR$9,585

Purchase Price Calculator

Maximum purchase price
$364,564

Cost breakdown

+Likely effective rent$2,870
HUD FMR$3,560
Market rentUsed$2,870
Est. payment standard (90%)$3,200
Market rent is below the inferred standard ($3,200, 90% of FMR).
-Principal and interest-$1,843
Loan amount$291,651
Down payment$72,913
Rate6.50%
Term30 years
-Operating costs-$827
Property taxes-$365
Insurance-$175
Utilities$0
HOA$0
Management-$287
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$45,681(62.7% ROI)
Projected value
$392,596
Current value$364,564
Return breakdown
Property appreciation+$28,032
Loan principal paid down+$10,449
Rental cash flow+$7,200
5-year hold
+$78,540(107.7% ROI)
Projected value
$412,471
Current value$364,564
Return breakdown
Property appreciation+$47,907
Loan principal paid down+$18,634
Rental cash flow+$12,000
10-year hold
+$170,509(233.9% ROI)
Projected value
$466,673
Current value$364,564
Return breakdown
Property appreciation+$102,109
Loan principal paid down+$44,401
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
1.61ratio
FMR$2,950
Market$1,830
vs market+$1,120

FMR is above market; underwrite to market rent.

1.61
1 BR
1 BR
1.47ratio
FMR$3,050
Market$2,070
vs market+$980

FMR is above market; underwrite to market rent.

90% standard$2,745 / 1.33 ratio110% standard$3,355 / 1.62 ratio
1.47
2 BR
2 BR
1.24ratio
FMR$3,560
Market$2,870
vs market+$690

FMR is above market; underwrite to market rent.

90% standard$3,204 / 1.12 ratio110% standard$3,916 / 1.36 ratio
1.24
3 BR
3 BR
1.36ratio
FMR$4,660
Market$3,430
vs market+$1,230

FMR is above market; underwrite to market rent.

90% standard$4,194 / 1.22 ratio110% standard$5,126 / 1.49 ratio
1.36
4 BR
4 BR
1.35ratio
FMR$5,480
Market$4,070
vs market+$1,410

FMR is above market; underwrite to market rent.

90% standard$4,932 / 1.21 ratio110% standard$6,028 / 1.48 ratio
1.35
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents across all bedroom sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 98006 (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.

98006 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 98006 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $3,560 and the 4 bedroom fair market rent is $5,480.

Use this page for searches like 98006 FMR, 98006 fair market rent, and 98006 Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for 98006
Bedroom sizeHUD FMR
Studio$2,950
1 bedroom$3,050
2 bedroom$3,560
3 bedroom$4,660
4 bedroom$5,480