98359
ZIPSAFMR
Pierce County, WA
BRFMR
Eff. Rent
0 BR$1,340$1,340
1 BR$1,510$1,510
2 BR$1,860$1,860
3 BR$2,600$2,600
4 BR$2,970$2,970
5 BR$3,415
6 BR$3,928
7 BR$4,517
8 BR$5,195

Market Alignment

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

Studio
Studio
0.77ratio
FMR$1,340
Market$1,740
vs market-$400

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

0.77
1 BR
1 BR
0.81ratio
FMR$1,510
Market$1,870
vs market-$360

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

0.81
2 BR
2 BR
0.74ratio
FMR$1,860
Market$2,530
vs market-$670

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

0.74
3 BR
3 BR
0.97ratio
FMR$2,600
Market$2,670
vs market-$70

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

0.97
4 BR
4 BR
0.96ratio
FMR$2,970
Market$3,100
vs market-$130

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

0.96
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
$214,479
Rent
$1,860
Down payment
$42,896
Loan
$171,583
Mortgage
$1,085
Expenses
$575
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 98359 (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.