98014
ZIPSAFMR
King County, WA
BRFMR
Eff. Rent
0 BR$1,940$2,130
1 BR$2,010$2,210
2 BR$2,340$2,570
3 BR$3,060$3,370
4 BR$3,600$3,960
5 BR$4,140
6 BR$4,761
7 BR$5,475
8 BR$6,296

Purchase Price Calculator

Maximum purchase price
$319,984

Cost breakdown

+Likely effective rent$2,570
HUD FMR$2,340
Market rent$3,220
Est. payment standard (110%)Used$2,570
Estimated payment standard is $2,570 (110% of FMR).
-Principal and interest-$1,618
Loan amount$255,988
Down payment$63,997
Rate6.50%
Term30 years
-Operating costs-$752
Property taxes-$320
Insurance-$175
Utilities$0
HOA$0
Management-$257
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$40,975(64.0% ROI)
Projected value
$344,588
Current value$319,984
Return breakdown
Property appreciation+$24,604
Loan principal paid down+$9,171
Rental cash flow+$7,200
5-year hold
+$70,404(110.0% ROI)
Projected value
$362,033
Current value$319,984
Return breakdown
Property appreciation+$42,049
Loan principal paid down+$16,355
Rental cash flow+$12,000
10-year hold
+$152,594(238.4% ROI)
Projected value
$409,607
Current value$319,984
Return breakdown
Property appreciation+$89,623
Loan principal paid down+$38,971
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
0.57ratio
FMR$1,940
Market$3,430
vs market-$1,490

FMR is below market; voucher rent may lag private rents.

90% standard$1,746 / 0.51 ratio110% standard$2,134 / 0.62 ratio
0.57
1 BR
1 BR
0.63ratio
FMR$2,010
Market$3,180
vs market-$1,170

FMR is below market; voucher rent may lag private rents.

90% standard$1,809 / 0.57 ratio110% standard$2,211 / 0.70 ratio
0.63
2 BR
2 BR
0.73ratio
FMR$2,340
Market$3,220
vs market-$880

FMR is below market; voucher rent may lag private rents.

90% standard$2,106 / 0.65 ratio110% standard$2,574 / 0.80 ratio
0.73
3 BR
3 BR
0.85ratio
FMR$3,060
Market$3,600
vs market-$540

FMR is below market; voucher rent may lag private rents.

90% standard$2,754 / 0.77 ratio110% standard$3,366 / 0.94 ratio
0.85
4 BR
4 BR
0.86ratio
FMR$3,600
Market$4,190
vs market-$590

FMR is below market; voucher rent may lag private rents.

90% standard$3,240 / 0.77 ratio110% standard$3,960 / 0.95 ratio
0.86
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for 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 98014 (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.

98014 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 98014 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,340 and the 4 bedroom fair market rent is $3,600.

Use this page for searches like 98014 FMR, 98014 fair market rent, and 98014 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 98014
Bedroom sizeHUD FMR
Studio$1,940
1 bedroom$2,010
2 bedroom$2,340
3 bedroom$3,060
4 bedroom$3,600