Kittitas County/Roslyn/98941

98941

ZIPSAFMR

Kittitas County, WA

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ZIP Investment Score

67Below average

095130300

BR	FMR	Eff. Rent	3Y CAGR
0 BR	$1,730	$1,650	22.8%
1 BR	$1,900	$1,610	21.9%
2 BR	$2,480	$1,980	21.6%
3 BR	$3,430	$2,400	20.9%
4 BR	$4,150	$3,210	21.1%
5 BR	$4,773	Not available	21.1%
6 BR	$5,488	Not available	21.1%
7 BR	$6,312	Not available	21.1%
8 BR	$7,258	Not available	21.1%

Purchase Price Calculator

Maximum purchase price

$232,311

Cost breakdown

+Likely effective rent$1,980

HUD FMR$2,480

Market rentUsed$1,980

Est. payment standard (90%)$2,230

-Principal and interest-$1,175

Loan amount$185,849

Down payment$46,462

Rate6.50%

Term30 years

-Operating costs-$605

Property taxes-$232

Insurance-$175

Utilities$0

HOA$0

Management-$198

=Target cash flow+$200

Calculation mode

BedroomsCash-flow target

Down payment methodDown payment %

HOA / mo

Utilities methodUtilities amount

Management methodManagement % of rent

Hold period projections

Annual appreciation rate

3-year hold

+$31,721(68.3% ROI)

Projected value

$250,173

Return breakdown

Property appreciation+$17,863

Loan principal paid down+$6,659

Rental cash flow+$7,200

5-year hold

+$54,401(117.1% ROI)

Projected value

$262,838

Return breakdown

Property appreciation+$30,528

Loan principal paid down+$11,874

Rental cash flow+$12,000

10-year hold

+$117,360(252.6% ROI)

Projected value

$297,377

Return breakdown

Property appreciation+$65,067

Loan principal paid down+$28,293

Rental cash flow+$24,000

Public Housing Authority

Rolodex

Market Alignment

Studio

1.05ratio

FMR$1,730

Market$1,650

vs market+$80

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

1.05

1 BR

1.18ratio

FMR$1,900

Market$1,610

vs market+$290

FMR is above market; underwrite to market rent.

1.18

2 BR

1.25ratio

FMR$2,480

Market$1,980

vs market+$500

FMR is above market; underwrite to market rent.

1.25

3 BR

1.43ratio

FMR$3,430

Market$2,400

vs market+$1,030

FMR is above market; underwrite to market rent.

1.43

4 BR

1.29ratio

FMR$4,150

Market$3,210

vs market+$940

FMR is above market; underwrite to market rent.

1.29

0.700.800.901.001.101.201.30aligned range

Historical

FY 2023-2027

FMR: FY2027
Market rent: last ~365 days
Property value: --
Tax rate: --
Mortgage rate: --

ZIP 98941 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 98941 (Roslyn, WA) is $2,480 a month. That is up 13.8% from $2,180 in FY 2026. Roslyn is in the Kittitas County, WA non-metropolitan FMR area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the county-wide two-bedroom FMR of $1,655. Among 13 ZIP codes in Kittitas County, 98941 has the highest two-bedroom rent (county range $1,310–$2,480). The median county two-bedroom FMR in Washington is $1,467, so ZIP 98941 is 69% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 98941
Bedrooms	FY 2026	FY 2027	Change	90–110% range
Studio	$1,500	$1,730	+15.3%	$1,557–$1,903
1BR	$1,660	$1,900	+14.5%	$1,710–$2,090
2BR	$2,180	$2,480	+13.8%	$2,232–$2,728
3BR	$3,030	$3,430	+13.2%	$3,087–$3,773
4BR	$3,660	$4,150	+13.4%	$3,735–$4,565

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 98941
Fiscal year	Studio	1BR	2BR	3BR	4BR
FY 2027	$1,730	$1,900	$2,480	$3,430	$4,150
FY 2026	$1,500	$1,660	$2,180	$3,030	$3,660
FY 2025	$1,300	$1,440	$1,890	$2,650	$3,170
FY 2024area FMR	$934	$1,049	$1,378	$1,942	$2,338
FY 2023area FMR	$856	$972	$1,280	$1,819	$2,180

Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.

Two-bedroom rent in nearby Kittitas County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code	2 bedroom	vs. 98941
98812	$1,350	−45.6%
98828	$1,780	−28.2%
98901	$1,310	−47.2%
98922	$1,530	−38.3%
98925	$1,970	−20.6%
98926	$1,650	−33.5%
98934	$1,640	−33.9%
98940	$1,560	−37.1%
98941Current	$2,480	—
98943	$1,660	−33.1%
98946	$2,010	−19.0%
98950	$1,590	−35.9%

Questions about ZIP 98941 rents

How much will Section 8 pay for a two-bedroom in ZIP 98941?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,655, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,490 to $1,821 a month; under the ZIP-level Small Area FMR of $2,480 it would be $2,232 to $2,728. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is ZIP 98941 in?

ZIP 98941 is in the Kittitas County, WA non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,655.

How much did fair market rent change in ZIP 98941 for FY 2027?

The two-bedroom FMR rose 13.8%, from $2,180 in FY 2026 to $2,480 in FY 2027. Since FY 2025 it has risen 31.2%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set

County fair market rent Roslyn, WA fair market rent WA statewide rents What is SAFMR?Data sources