98118
ZIPSAFMR
King County, WA
BRFMR
Eff. Rent
0 BR$2,020$1,570
1 BR$2,090$2,090
2 BR$2,430$2,430
3 BR$3,180$3,180
4 BR$3,740$3,740
5 BR$4,301
6 BR$4,946
7 BR$5,688
8 BR$6,541

Market Alignment

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

Studio
Studio
1.29ratio
FMR$2,020
Market$1,570
vs market+$450

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

1.29
1 BR
1 BR
0.94ratio
FMR$2,090
Market$2,230
vs market-$140

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

0.94
2 BR
2 BR
0.92ratio
FMR$2,430
Market$2,650
vs market-$220

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

0.92
3 BR
3 BR
0.92ratio
FMR$3,180
Market$3,460
vs market-$280

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

0.92
4 BR
4 BR
0.95ratio
FMR$3,740
Market$3,920
vs market-$180

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

0.95
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
$299,181
Rent
$2,430
Down payment
$59,836
Loan
$239,344
Mortgage
$1,513
Expenses
$717
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 98118 (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.