98370
ZIPSAFMR
Kitsap County, WA
BRFMR
Eff. Rent
0 BR$1,480$1,630
1 BR$1,630$1,790
2 BR$2,140$2,280
3 BR$2,820$2,720
4 BR$3,100$3,200
5 BR$3,565
6 BR$4,100
7 BR$4,715
8 BR$5,422

Purchase Price Calculator

Maximum purchase price
$276,891

Cost breakdown

+Likely effective rent$2,280
HUD FMR$2,140
Market rent$2,360
Est. payment standard (107%)Used$2,280
Estimated payment standard is $2,280 (107% of FMR).
-Principal and interest-$1,400
Loan amount$221,512
Down payment$55,378
Rate6.50%
Term30 years
-Operating costs-$680
Property taxes-$277
Insurance-$175
Utilities$0
HOA$0
Management-$228
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$36,427(65.8% ROI)
Projected value
$298,181
Current value$276,891
Return breakdown
Property appreciation+$21,290
Loan principal paid down+$7,936
Rental cash flow+$7,200
5-year hold
+$62,538(112.9% ROI)
Projected value
$313,276
Current value$276,891
Return breakdown
Property appreciation+$36,386
Loan principal paid down+$14,152
Rental cash flow+$12,000
10-year hold
+$135,276(244.3% ROI)
Projected value
$354,443
Current value$276,891
Return breakdown
Property appreciation+$77,553
Loan principal paid down+$33,723
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
0.74ratio
FMR$1,480
Market$2,010
vs market-$530

FMR is below market; voucher rent may lag private rents.

90% standard$1,332 / 0.66 ratio110% standard$1,628 / 0.81 ratio
0.74
1 BR
1 BR
0.84ratio
FMR$1,630
Market$1,930
vs market-$300

FMR is below market; voucher rent may lag private rents.

90% standard$1,467 / 0.76 ratio110% standard$1,793 / 0.93 ratio
0.84
2 BR
2 BR
0.91ratio
FMR$2,140
Market$2,360
vs market-$220

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

90% standard$1,926 / 0.82 ratio110% standard$2,354 / 1.00 ratio
0.91
3 BR
3 BR
1.04ratio
FMR$2,820
Market$2,720
vs market+$100

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

90% standard$2,538 / 0.93 ratio110% standard$3,102 / 1.14 ratio
1.04
4 BR
4 BR
0.95ratio
FMR$3,100
Market$3,260
vs market-$160

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

90% standard$2,790 / 0.86 ratio110% standard$3,410 / 1.05 ratio
0.95
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller 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 98370 (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.

98370 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 98370 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,140 and the 4 bedroom fair market rent is $3,100.

Use this page for searches like 98370 FMR, 98370 fair market rent, and 98370 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 98370
Bedroom sizeHUD FMR
Studio$1,480
1 bedroom$1,630
2 bedroom$2,140
3 bedroom$2,820
4 bedroom$3,100