98375
ZIPSAFMR
Pierce County, WA
BRFMR
Eff. Rent
0 BR$1,780$1,780
1 BR$2,000$1,790
2 BR$2,460$2,460
3 BR$3,410$2,600
4 BR$3,870$3,000
5 BR$4,451
6 BR$5,118
7 BR$5,886
8 BR$6,769

Market Alignment

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

Studio
Studio
0.94ratio
FMR$1,780
Market$1,890
vs market-$110

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

0.94
1 BR
1 BR
1.12ratio
FMR$2,000
Market$1,790
vs market+$210

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.12
2 BR
2 BR
0.98ratio
FMR$2,460
Market$2,500
vs market-$40

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

0.98
3 BR
3 BR
1.31ratio
FMR$3,410
Market$2,600
vs market+$810

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.31
4 BR
4 BR
1.29ratio
FMR$3,870
Market$3,000
vs market+$870

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.29
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger 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
$303,639
Rent
$2,460
Down payment
$60,728
Loan
$242,911
Mortgage
$1,535
Expenses
$725
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 98375 (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.