98418
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$2,570
4 BR$2,970$2,850
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
0.95ratio
FMR$1,340
Market$1,410
vs market-$70

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

0.95
1 BR
1 BR
0.91ratio
FMR$1,510
Market$1,660
vs market-$150

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

0.91
2 BR
2 BR
0.92ratio
FMR$1,860
Market$2,020
vs market-$160

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

0.92
3 BR
3 BR
1.01ratio
FMR$2,600
Market$2,570
vs market+$30

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

1.01
4 BR
4 BR
1.04ratio
FMR$2,970
Market$2,850
vs market+$120

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

1.04
0.700.800.901.001.101.201.30aligned range

Voucher rents are well-aligned with market rents across all bedroom 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 98418 (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.