98110
ZIPSAFMR
King County, WA
BRFMR
Eff. Rent
0 BR$1,800$1,900
1 BR$1,870$2,060
2 BR$2,460$2,710
3 BR$3,240$3,290
4 BR$3,560$3,450
5 BR$4,094
6 BR$4,708
7 BR$5,414
8 BR$6,226

Purchase Price Calculator

Maximum purchase price
$340,788

Cost breakdown

+Likely effective rent$2,710
HUD FMR$2,460
Market rent$3,020
Est. payment standard (110%)Used$2,710
Estimated payment standard is $2,710 (110% of FMR).
-Principal and interest-$1,723
Loan amount$272,631
Down payment$68,158
Rate6.50%
Term30 years
-Operating costs-$787
Property taxes-$341
Insurance-$175
Utilities$0
HOA$0
Management-$271
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$43,171(63.3% ROI)
Projected value
$366,992
Current value$340,788
Return breakdown
Property appreciation+$26,203
Loan principal paid down+$9,768
Rental cash flow+$7,200
5-year hold
+$74,201(108.9% ROI)
Projected value
$385,571
Current value$340,788
Return breakdown
Property appreciation+$44,782
Loan principal paid down+$17,418
Rental cash flow+$12,000
10-year hold
+$160,955(236.2% ROI)
Projected value
$436,238
Current value$340,788
Return breakdown
Property appreciation+$95,450
Loan principal paid down+$41,505
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
0.92ratio
FMR$1,800
Market$1,960
vs market-$160

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

90% standard$1,620 / 0.83 ratio110% standard$1,980 / 1.01 ratio
0.92
1 BR
1 BR
0.80ratio
FMR$1,870
Market$2,330
vs market-$460

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

90% standard$1,683 / 0.72 ratio110% standard$2,057 / 0.88 ratio
0.80
2 BR
2 BR
0.81ratio
FMR$2,460
Market$3,020
vs market-$560

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

90% standard$2,214 / 0.73 ratio110% standard$2,706 / 0.90 ratio
0.81
3 BR
3 BR
0.98ratio
FMR$3,240
Market$3,310
vs market-$70

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

90% standard$2,916 / 0.88 ratio110% standard$3,564 / 1.08 ratio
0.98
4 BR
4 BR
1.03ratio
FMR$3,560
Market$3,450
vs market+$110

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

90% standard$3,204 / 0.93 ratio110% standard$3,916 / 1.14 ratio
1.03
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller 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 98110 (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.

98110 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 98110 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,460 and the 4 bedroom fair market rent is $3,560.

Use this page for searches like 98110 FMR, 98110 fair market rent, and 98110 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 98110
Bedroom sizeHUD FMR
Studio$1,800
1 bedroom$1,870
2 bedroom$2,460
3 bedroom$3,240
4 bedroom$3,560