98105
ZIPSAFMR
King County, WA
BRFMR
Eff. Rent
0 BR$2,260$1,750
1 BR$2,340$2,270
2 BR$2,730$3,000
3 BR$3,570$3,840
4 BR$4,200$4,620
5 BR$4,830
6 BR$5,554
7 BR$6,388
8 BR$7,346

Purchase Price Calculator

Maximum purchase price
$383,882

Cost breakdown

+Likely effective rent$3,000
HUD FMR$2,730
Market rent$3,330
Est. payment standard (110%)Used$3,000
Estimated payment standard is $3,000 (110% of FMR).
-Principal and interest-$1,941
Loan amount$307,106
Down payment$76,776
Rate6.50%
Term30 years
-Operating costs-$859
Property taxes-$384
Insurance-$175
Utilities$0
HOA$0
Management-$300
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$47,720(62.2% ROI)
Projected value
$413,399
Current value$383,882
Return breakdown
Property appreciation+$29,517
Loan principal paid down+$11,003
Rental cash flow+$7,200
5-year hold
+$82,066(106.9% ROI)
Projected value
$434,328
Current value$383,882
Return breakdown
Property appreciation+$50,445
Loan principal paid down+$19,621
Rental cash flow+$12,000
10-year hold
+$178,273(232.2% ROI)
Projected value
$491,402
Current value$383,882
Return breakdown
Property appreciation+$107,519
Loan principal paid down+$46,753
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
1.29ratio
FMR$2,260
Market$1,750
vs market+$510

FMR is above market; underwrite to market rent.

90% standard$2,034 / 1.16 ratio110% standard$2,486 / 1.42 ratio
1.29
1 BR
1 BR
1.03ratio
FMR$2,340
Market$2,270
vs market+$70

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

90% standard$2,106 / 0.93 ratio110% standard$2,574 / 1.13 ratio
1.03
2 BR
2 BR
0.82ratio
FMR$2,730
Market$3,330
vs market-$600

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

90% standard$2,457 / 0.74 ratio110% standard$3,003 / 0.90 ratio
0.82
3 BR
3 BR
0.89ratio
FMR$3,570
Market$3,990
vs market-$420

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

90% standard$3,213 / 0.81 ratio110% standard$3,927 / 0.98 ratio
0.89
4 BR
4 BR
0.86ratio
FMR$4,200
Market$4,860
vs market-$660

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

90% standard$3,780 / 0.78 ratio110% standard$4,620 / 0.95 ratio
0.86
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

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 98105 (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.

98105 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 98105 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,730 and the 4 bedroom fair market rent is $4,200.

Use this page for searches like 98105 FMR, 98105 fair market rent, and 98105 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 98105
Bedroom sizeHUD FMR
Studio$2,260
1 bedroom$2,340
2 bedroom$2,730
3 bedroom$3,570
4 bedroom$4,200