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98343

ZIPFMR
Clallam County, WA
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ZIP Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$1,000$1,000
1 BR$1,098$1,098
2 BR$1,429$1,429
3 BR$1,973$1,973
4 BR$2,289$2,289
5 BR$2,632Not available
6 BR$3,027Not available
7 BR$3,481Not available
8 BR$4,003Not available

Purchase Price Calculator

Maximum purchase price
$150,432

Cost breakdown

+Likely effective rent$1,429
HUD FMRUsed$1,429
Market rentN/A
Est. payment standardN/A
-Principal and interest-$761
Loan amount$120,346
Down payment$30,086
Rate6.50%
Term30 years
-Operating costs-$468
Property taxes-$150
Insurance-$175
Utilities$0
HOA$0
Management-$143
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$23,079(76.7% ROI)
Projected value
$161,999
Return breakdown
Property appreciation+$11,567
Loan principal paid down+$4,312
Rental cash flow+$7,200
5-year hold
+$39,457(131.1% ROI)
Projected value
$170,200
Return breakdown
Property appreciation+$19,768
Loan principal paid down+$7,689
Rental cash flow+$12,000
10-year hold
+$84,455(280.7% ROI)
Projected value
$192,566
Return breakdown
Property appreciation+$42,134
Loan principal paid down+$18,321
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
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Mortgage rate
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ZIP 98343 fair market rent, FY 2027

For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in ZIP 98343 (Joyce, WA) is $1,429 a month. That is up 12.9% from $1,266 in FY 2026. Joyce is in the Clallam County, WA non-metropolitan FMR area. One county-wide FMR applies to every ZIP code in it. The median county two-bedroom FMR in Washington is $1,467, so ZIP 98343 is 3% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 98343
BedroomsFY 2027Change90–110% range
Studio$1,000+13.6%$900–$1,100
1BR$1,098+13.7%$988–$1,208
2BR$1,429+12.9%$1,286–$1,572
3BR$1,973+12.0%$1,776–$2,170
4BR$2,289+13.0%$2,060–$2,518

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 98343
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,000$1,098$1,429$1,973$2,289
FY 2026$880$966$1,266$1,761$2,026
FY 2025$854$949$1,245$1,741$1,986
FY 2024$847$951$1,250$1,736$1,984
FY 2023$804$913$1,202$1,681$1,884

Questions about ZIP 98343 rents

How much will Section 8 pay for a two-bedroom in ZIP 98343?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,429, that basic range is $1,286 to $1,572 a month. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is ZIP 98343 in?

ZIP 98343 is in the Clallam County, WA non-metropolitan FMR area.

How much did fair market rent change in ZIP 98343 for FY 2027?

The two-bedroom FMR rose 12.9%, from $1,266 in FY 2026 to $1,429 in FY 2027. Since FY 2023 it has risen 18.9%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Fair Market Rents. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set