98430
ZIPSAFMR
Pierce County, WA
BRFMR
Eff. Rent
0 BR$1,470$1,430
1 BR$1,650$1,580
2 BR$2,020$2,090
3 BR$2,800$2,630
4 BR$3,180$3,140
5 BR$3,657
6 BR$4,206
7 BR$4,836
8 BR$5,562

Purchase Price Calculator

Maximum purchase price
$248,657

Cost breakdown

+Likely effective rent$2,090
HUD FMR$2,020
Market rent$2,120
Est. payment standard (103%)Used$2,090
Estimated payment standard is $2,090 (103% of FMR).
-Principal and interest-$1,257
Loan amount$198,925
Down payment$49,731
Rate6.50%
Term30 years
-Operating costs-$633
Property taxes-$249
Insurance-$175
Utilities$0
HOA$0
Management-$209
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$33,446(67.3% ROI)
Projected value
$267,776
Current value$248,657
Return breakdown
Property appreciation+$19,119
Loan principal paid down+$7,127
Rental cash flow+$7,200
5-year hold
+$57,385(115.4% ROI)
Projected value
$281,332
Current value$248,657
Return breakdown
Property appreciation+$32,676
Loan principal paid down+$12,709
Rental cash flow+$12,000
10-year hold
+$123,929(249.2% ROI)
Projected value
$318,302
Current value$248,657
Return breakdown
Property appreciation+$69,645
Loan principal paid down+$30,284
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
1.03ratio
FMR$1,470
Market$1,430
vs market+$40

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

90% standard$1,323 / 0.93 ratio110% standard$1,617 / 1.13 ratio
1.03
1 BR
1 BR
1.04ratio
FMR$1,650
Market$1,580
vs market+$70

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

90% standard$1,485 / 0.94 ratio110% standard$1,815 / 1.15 ratio
1.04
2 BR
2 BR
0.95ratio
FMR$2,020
Market$2,120
vs market-$100

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

90% standard$1,818 / 0.86 ratio110% standard$2,222 / 1.05 ratio
0.95
3 BR
3 BR
1.06ratio
FMR$2,800
Market$2,630
vs market+$170

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

90% standard$2,520 / 0.96 ratio110% standard$3,080 / 1.17 ratio
1.06
4 BR
4 BR
1.01ratio
FMR$3,180
Market$3,140
vs market+$40

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

90% standard$2,862 / 0.91 ratio110% standard$3,498 / 1.11 ratio
1.01
0.700.800.901.001.101.201.30aligned range

Voucher rents are well-aligned with market rents across all bedroom 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 98430 (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.

98430 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 98430 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,020 and the 4 bedroom fair market rent is $3,180.

Use this page for searches like 98430 FMR, 98430 fair market rent, and 98430 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 98430
Bedroom sizeHUD FMR
Studio$1,470
1 bedroom$1,650
2 bedroom$2,020
3 bedroom$2,800
4 bedroom$3,180