98057
ZIPSAFMR
King County, WA
BRFMR
Eff. Rent
0 BR$1,830$1,360
1 BR$1,900$1,760
2 BR$2,210$2,280
3 BR$2,890$2,960
4 BR$3,400$3,580
5 BR$3,910
6 BR$4,496
7 BR$5,171
8 BR$5,947

Purchase Price Calculator

Maximum purchase price
$276,891

Cost breakdown

+Likely effective rent$2,280
HUD FMR$2,210
Market rent$2,310
Est. payment standard (103%)Used$2,280
Estimated payment standard is $2,280 (103% of FMR).
-Principal and interest-$1,400
Loan amount$221,512
Down payment$55,378
Rate6.50%
Term30 years
-Operating costs-$680
Property taxes-$277
Insurance-$175
Utilities$0
HOA$0
Management-$228
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$36,427(65.8% ROI)
Projected value
$298,181
Current value$276,891
Return breakdown
Property appreciation+$21,290
Loan principal paid down+$7,936
Rental cash flow+$7,200
5-year hold
+$62,538(112.9% ROI)
Projected value
$313,276
Current value$276,891
Return breakdown
Property appreciation+$36,386
Loan principal paid down+$14,152
Rental cash flow+$12,000
10-year hold
+$135,276(244.3% ROI)
Projected value
$354,443
Current value$276,891
Return breakdown
Property appreciation+$77,553
Loan principal paid down+$33,723
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
1.35ratio
FMR$1,830
Market$1,360
vs market+$470

FMR is above market; underwrite to market rent.

90% standard$1,647 / 1.21 ratio110% standard$2,013 / 1.48 ratio
1.35
1 BR
1 BR
1.08ratio
FMR$1,900
Market$1,760
vs market+$140

FMR is near market; voucher and private rents are aligned.

90% standard$1,710 / 0.97 ratio110% standard$2,090 / 1.19 ratio
1.08
2 BR
2 BR
0.96ratio
FMR$2,210
Market$2,310
vs market-$100

FMR is near market; voucher and private rents are aligned.

90% standard$1,989 / 0.86 ratio110% standard$2,431 / 1.05 ratio
0.96
3 BR
3 BR
0.97ratio
FMR$2,890
Market$2,990
vs market-$100

FMR is near market; voucher and private rents are aligned.

90% standard$2,601 / 0.87 ratio110% standard$3,179 / 1.06 ratio
0.97
4 BR
4 BR
0.93ratio
FMR$3,400
Market$3,670
vs market-$270

FMR is near market; voucher and private rents are aligned.

90% standard$3,060 / 0.83 ratio110% standard$3,740 / 1.02 ratio
0.93
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger unit 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 98057 (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.

98057 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 98057 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,210 and the 4 bedroom fair market rent is $3,400.

Use this page for searches like 98057 FMR, 98057 fair market rent, and 98057 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 98057
Bedroom sizeHUD FMR
Studio$1,830
1 bedroom$1,900
2 bedroom$2,210
3 bedroom$2,890
4 bedroom$3,400