FMR is near market; voucher and private rents are aligned.
1.07
1 BR
1 BR
1.14ratio
FMR$1,570
Market$1,380
vs market+$190
FMR is above market; underwrite to market rent.
1.14
2 BR
2 BR
1.07ratio
FMR$2,000
Market$1,870
vs market+$130
FMR is near market; voucher and private rents are aligned.
1.07
3 BR
3 BR
1.30ratio
FMR$2,740
Market$2,110
vs market+$630
FMR is above market; underwrite to market rent.
1.30
4 BR
4 BR
1.44ratio
FMR$3,340
Market$2,320
vs market+$1,020
FMR is above market; underwrite to market rent.
1.44
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
--
Mortgage rate
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ZIP 99011 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 99011 (Fairchild Air Force Base, WA) is $2,000 a month. That is down 3.4% from $2,070 in FY 2026. Fairchild Air Force Base is in the Spokane, WA HUD Metro 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 metro-wide two-bedroom FMR of $1,494. Among 57 ZIP codes in Spokane County, 99011 has the 4th-highest two-bedroom rent (county range $1,380–$2,200). The median county two-bedroom FMR in Washington is $1,467, so ZIP 99011 is 36% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 99011
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,490
$1,490
0.0%
$1,341–$1,639
1BR
$1,610
$1,570
−2.5%
$1,413–$1,727
2BR
$2,070
$2,000
−3.4%
$1,800–$2,200
3BR
$2,820
$2,740
−2.8%
$2,466–$3,014
4BR
$3,390
$3,340
−1.5%
$3,006–$3,674
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 99011
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,490
$1,570
$2,000
$2,740
$3,340
FY 2026
$1,490
$1,610
$2,070
$2,820
$3,390
FY 2025
$1,360
$1,530
$1,970
$2,720
$3,190
FY 2024
$1,230
$1,400
$1,800
$2,530
$2,940
FY 2023
$1,140
$1,300
$1,680
$2,390
$2,790
Two-bedroom rent in nearby Spokane County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 99011?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,494, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,345 to $1,643 a month; under the ZIP-level Small Area FMR of $2,000 it would be $1,800 to $2,200. 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 99011 in?
ZIP 99011 is in the Spokane, WA HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,494.
How much did fair market rent change in ZIP 99011 for FY 2027?
The two-bedroom FMR fell 3.4%, from $2,070 in FY 2026 to $2,000 in FY 2027. Since FY 2023 it has risen 19.0%.
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