98021
ZIPSAFMR
Snohomish County, WA
BRFMR
Eff. Rent
0 BR$2,510$1,870
1 BR$2,600$1,920
2 BR$3,030$2,690
3 BR$3,960$3,160
4 BR$4,660$3,640
5 BR$5,359
6 BR$6,163
7 BR$7,087
8 BR$8,150

Purchase Price Calculator

Maximum purchase price
$337,816

Cost breakdown

+Likely effective rent$2,690
HUD FMR$3,030
Market rentUsed$2,690
Est. payment standard (93%)$2,810
Market rent is below the inferred standard ($2,810, 93% of FMR).
-Principal and interest-$1,708
Loan amount$270,253
Down payment$67,563
Rate6.50%
Term30 years
-Operating costs-$782
Property taxes-$338
Insurance-$175
Utilities$0
HOA$0
Management-$269
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$42,857(63.4% ROI)
Projected value
$363,791
Current value$337,816
Return breakdown
Property appreciation+$25,975
Loan principal paid down+$9,683
Rental cash flow+$7,200
5-year hold
+$73,658(109.0% ROI)
Projected value
$382,208
Current value$337,816
Return breakdown
Property appreciation+$44,392
Loan principal paid down+$17,267
Rental cash flow+$12,000
10-year hold
+$159,760(236.5% ROI)
Projected value
$432,434
Current value$337,816
Return breakdown
Property appreciation+$94,617
Loan principal paid down+$41,143
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
1.34ratio
FMR$2,510
Market$1,870
vs market+$640

FMR is above market; underwrite to market rent.

90% standard$2,259 / 1.21 ratio110% standard$2,761 / 1.48 ratio
1.34
1 BR
1 BR
1.35ratio
FMR$2,600
Market$1,920
vs market+$680

FMR is above market; underwrite to market rent.

90% standard$2,340 / 1.22 ratio110% standard$2,860 / 1.49 ratio
1.35
2 BR
2 BR
1.13ratio
FMR$3,030
Market$2,690
vs market+$340

FMR is above market; underwrite to market rent.

90% standard$2,727 / 1.01 ratio110% standard$3,333 / 1.24 ratio
1.13
3 BR
3 BR
1.25ratio
FMR$3,960
Market$3,160
vs market+$800

FMR is above market; underwrite to market rent.

90% standard$3,564 / 1.13 ratio110% standard$4,356 / 1.38 ratio
1.25
4 BR
4 BR
1.28ratio
FMR$4,660
Market$3,640
vs market+$1,020

FMR is above market; underwrite to market rent.

90% standard$4,194 / 1.15 ratio110% standard$5,126 / 1.41 ratio
1.28
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 98021 (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.

98021 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 98021 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $3,030 and the 4 bedroom fair market rent is $4,660.

Use this page for searches like 98021 FMR, 98021 fair market rent, and 98021 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 98021
Bedroom sizeHUD FMR
Studio$2,510
1 bedroom$2,600
2 bedroom$3,030
3 bedroom$3,960
4 bedroom$4,660