98201
ZIPSAFMR
Snohomish County, WA
BRFMR
Eff. Rent
0 BR$1,800$1,400
1 BR$1,850$1,570
2 BR$2,160$2,190
3 BR$2,850$2,610
4 BR$3,320$2,810
5 BR$3,818
6 BR$4,391
7 BR$5,049
8 BR$5,807

Purchase Price Calculator

Maximum purchase price
$263,517

Cost breakdown

+Likely effective rent$2,190
HUD FMR$2,160
Market rent$2,210
Est. payment standard (102%)Used$2,190
Estimated payment standard is $2,190 (102% of FMR).
-Principal and interest-$1,332
Loan amount$210,813
Down payment$52,703
Rate6.50%
Term30 years
-Operating costs-$658
Property taxes-$264
Insurance-$175
Utilities$0
HOA$0
Management-$219
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$35,015(66.4% ROI)
Projected value
$283,779
Current value$263,517
Return breakdown
Property appreciation+$20,262
Loan principal paid down+$7,553
Rental cash flow+$7,200
5-year hold
+$60,097(114.0% ROI)
Projected value
$298,145
Current value$263,517
Return breakdown
Property appreciation+$34,628
Loan principal paid down+$13,469
Rental cash flow+$12,000
10-year hold
+$129,901(246.5% ROI)
Projected value
$337,324
Current value$263,517
Return breakdown
Property appreciation+$73,807
Loan principal paid down+$32,094
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$1,800
Market$1,400
vs market+$400

FMR is above market; underwrite to market rent.

90% standard$1,620 / 1.16 ratio110% standard$1,980 / 1.41 ratio
1.29
1 BR
1 BR
1.18ratio
FMR$1,850
Market$1,570
vs market+$280

FMR is above market; underwrite to market rent.

90% standard$1,665 / 1.06 ratio110% standard$2,035 / 1.30 ratio
1.18
2 BR
2 BR
0.98ratio
FMR$2,160
Market$2,210
vs market-$50

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

90% standard$1,944 / 0.88 ratio110% standard$2,376 / 1.08 ratio
0.98
3 BR
3 BR
1.09ratio
FMR$2,850
Market$2,610
vs market+$240

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

90% standard$2,565 / 0.98 ratio110% standard$3,135 / 1.20 ratio
1.09
4 BR
4 BR
1.18ratio
FMR$3,320
Market$2,810
vs market+$510

FMR is above market; underwrite to market rent.

90% standard$2,988 / 1.06 ratio110% standard$3,652 / 1.30 ratio
1.18
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 98201 (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.

98201 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 98201 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,160 and the 4 bedroom fair market rent is $3,320.

Use this page for searches like 98201 FMR, 98201 fair market rent, and 98201 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 98201
Bedroom sizeHUD FMR
Studio$1,800
1 bedroom$1,850
2 bedroom$2,160
3 bedroom$2,850
4 bedroom$3,320