98375
ZIPSAFMR
Pierce County, WA
BRFMR
Eff. Rent
0 BR$1,780$1,850
1 BR$2,000$1,790
2 BR$2,460$2,490
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

Purchase Price Calculator

Maximum purchase price
$308,096

Cost breakdown

+Likely effective rent$2,490
HUD FMR$2,460
Market rent$2,500
Est. payment standard (101%)Used$2,490
Estimated payment standard is $2,490 (101% of FMR).
-Principal and interest-$1,558
Loan amount$246,477
Down payment$61,619
Rate6.50%
Term30 years
-Operating costs-$732
Property taxes-$308
Insurance-$175
Utilities$0
HOA$0
Management-$249
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$39,720(64.5% ROI)
Projected value
$331,786
Current value$308,096
Return breakdown
Property appreciation+$23,690
Loan principal paid down+$8,831
Rental cash flow+$7,200
5-year hold
+$68,234(110.7% ROI)
Projected value
$348,583
Current value$308,096
Return breakdown
Property appreciation+$40,486
Loan principal paid down+$15,747
Rental cash flow+$12,000
10-year hold
+$147,816(239.9% ROI)
Projected value
$394,390
Current value$308,096
Return breakdown
Property appreciation+$86,293
Loan principal paid down+$37,523
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
0.94ratio
FMR$1,780
Market$1,890
vs market-$110

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

90% standard$1,602 / 0.85 ratio110% standard$1,958 / 1.04 ratio
0.94
1 BR
1 BR
1.12ratio
FMR$2,000
Market$1,790
vs market+$210

FMR is above market; underwrite to market rent.

90% standard$1,800 / 1.01 ratio110% standard$2,200 / 1.23 ratio
1.12
2 BR
2 BR
0.98ratio
FMR$2,460
Market$2,500
vs market-$40

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

90% standard$2,214 / 0.89 ratio110% standard$2,706 / 1.08 ratio
0.98
3 BR
3 BR
1.31ratio
FMR$3,410
Market$2,600
vs market+$810

FMR is above market; underwrite to market rent.

90% standard$3,069 / 1.18 ratio110% standard$3,751 / 1.44 ratio
1.31
4 BR
4 BR
1.29ratio
FMR$3,870
Market$3,000
vs market+$870

FMR is above market; underwrite to market rent.

90% standard$3,483 / 1.16 ratio110% standard$4,257 / 1.42 ratio
1.29
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger 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 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.

98375 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 98375 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,460 and the 4 bedroom fair market rent is $3,870.

Use this page for searches like 98375 FMR, 98375 fair market rent, and 98375 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 98375
Bedroom sizeHUD FMR
Studio$1,780
1 bedroom$2,000
2 bedroom$2,460
3 bedroom$3,410
4 bedroom$3,870