98198
ZIPSAFMR
King County, WA
BRFMR
Eff. Rent
0 BR$1,810$1,240
1 BR$1,870$1,580
2 BR$2,180$2,180
3 BR$2,850$2,800
4 BR$3,350$3,350
5 BR$3,852
6 BR$4,430
7 BR$5,095
8 BR$5,859

Market Alignment

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

Studio
Studio
1.46ratio
FMR$1,810
Market$1,240
vs market+$570

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

1.46
1 BR
1 BR
1.18ratio
FMR$1,870
Market$1,580
vs market+$290

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

1.18
2 BR
2 BR
0.95ratio
FMR$2,180
Market$2,290
vs market-$110

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

0.95
3 BR
3 BR
1.02ratio
FMR$2,850
Market$2,800
vs market+$50

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

1.02
4 BR
4 BR
0.91ratio
FMR$3,350
Market$3,680
vs market-$330

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

0.91
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
$262,031
Rent
$2,180
Down payment
$52,406
Loan
$209,624
Mortgage
$1,325
Expenses
$655
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 98198 (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.