98314
ZIPSAFMR
Kitsap County, WA
BRFMR
Eff. Rent
0 BR$1,980$1,430
1 BR$2,190$1,470
2 BR$2,870$1,780
3 BR$3,780$2,230
4 BR$4,160$2,570
5 BR$4,784
6 BR$5,502
7 BR$6,327
8 BR$7,276

Purchase Price Calculator

Maximum purchase price
$202,591

Cost breakdown

+Likely effective rent$1,780
HUD FMR$2,870
Market rentUsed$1,780
Est. payment standard (90%)$2,580
Market rent is below the inferred standard ($2,580, 90% of FMR).
-Principal and interest-$1,024
Loan amount$162,073
Down payment$40,518
Rate6.50%
Term30 years
-Operating costs-$556
Property taxes-$203
Insurance-$175
Utilities$0
HOA$0
Management-$178
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$28,584(70.5% ROI)
Projected value
$218,168
Current value$202,591
Return breakdown
Property appreciation+$15,577
Loan principal paid down+$5,807
Rental cash flow+$7,200
5-year hold
+$48,977(120.9% ROI)
Projected value
$229,213
Current value$202,591
Return breakdown
Property appreciation+$26,622
Loan principal paid down+$10,355
Rental cash flow+$12,000
10-year hold
+$105,416(260.2% ROI)
Projected value
$259,333
Current value$202,591
Return breakdown
Property appreciation+$56,743
Loan principal paid down+$24,674
Rental cash flow+$24,000

Upgrade to access AI-powered research tools

Upgrade

Rolodex

Upgrade to access AI-powered research tools

Upgrade

Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
1.38ratio
FMR$1,980
Market$1,430
vs market+$550

FMR is above market; underwrite to market rent.

90% standard$1,782 / 1.25 ratio110% standard$2,178 / 1.52 ratio
1.38
1 BR
1 BR
1.49ratio
FMR$2,190
Market$1,470
vs market+$720

FMR is above market; underwrite to market rent.

90% standard$1,971 / 1.34 ratio110% standard$2,409 / 1.64 ratio
1.49
2 BR
2 BR
1.61ratio
FMR$2,870
Market$1,780
vs market+$1,090

FMR is above market; underwrite to market rent.

1.61
3 BR
3 BR
1.70ratio
FMR$3,780
Market$2,230
vs market+$1,550

FMR is above market; underwrite to market rent.

1.70
4 BR
4 BR
1.62ratio
FMR$4,160
Market$2,570
vs market+$1,590

FMR is above market; underwrite to market rent.

1.62
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents across all bedroom 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 98314 (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.

98314 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 98314 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,870 and the 4 bedroom fair market rent is $4,160.

Use this page for searches like 98314 FMR, 98314 fair market rent, and 98314 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 98314
Bedroom sizeHUD FMR
Studio$1,980
1 bedroom$2,190
2 bedroom$2,870
3 bedroom$3,780
4 bedroom$4,160