98278
ZIPSAFMR
Island County, WA
BRFMR
Eff. Rent
0 BR$1,140$1,140
1 BR$1,310$1,310
2 BR$1,620$1,620
3 BR$2,250$2,250
4 BR$2,650$2,650
5 BR$3,047
6 BR$3,505
7 BR$4,030
8 BR$4,635

Market Alignment

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

Studio
Studio
0.70ratio
FMR$1,140
Market$1,630
vs market-$490

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.70
1 BR
1 BR
0.70ratio
FMR$1,310
Market$1,860
vs market-$550

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.70
2 BR
2 BR
0.82ratio
FMR$1,620
Market$1,980
vs market-$360

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.82
3 BR
3 BR
0.90ratio
FMR$2,250
Market$2,510
vs market-$260

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.90
4 BR
4 BR
0.95ratio
FMR$2,650
Market$2,790
vs market-$140

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

Voucher rents are below market for smaller 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
$178,815
Rent
$1,620
Down payment
$35,763
Loan
$143,052
Mortgage
$904
Expenses
$516
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 98278 (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.