98027
ZIPSAFMR
King County, WA
BRFMR
Eff. Rent
0 BR$2,420$1,990
1 BR$2,510$2,190
2 BR$2,920$2,680
3 BR$3,820$3,660
4 BR$4,490$4,050
5 BR$5,164
6 BR$5,938
7 BR$6,829
8 BR$7,853

Market Alignment

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

Studio
Studio
1.22ratio
FMR$2,420
Market$1,990
vs market+$430

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.22
1 BR
1 BR
1.15ratio
FMR$2,510
Market$2,190
vs market+$320

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.15
2 BR
2 BR
1.09ratio
FMR$2,920
Market$2,680
vs market+$240

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

1.09
3 BR
3 BR
1.04ratio
FMR$3,820
Market$3,660
vs market+$160

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

1.04
4 BR
4 BR
1.11ratio
FMR$4,490
Market$4,050
vs market+$440

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.11
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger 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
$371,994
Rent
$2,920
Down payment
$74,399
Loan
$297,595
Mortgage
$1,881
Expenses
$839
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 98027 (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.