Not enough rental comps in this area to determine how FMR aligns with current market rates.
Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
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Mortgage rate
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ZIP 99151 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 99151 (Marcus, WA) is $1,110 a month. That is down 1.8% from $1,130 in FY 2026. Marcus is in the Stevens County, 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 $1,121. Among 22 ZIP codes in Stevens County, 99151 is tied for the 17th-highest two-bedroom rent (county range $1,020–$1,480). The median county two-bedroom FMR in Washington is $1,467, so ZIP 99151 is 24% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 99151
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$860
$830
−3.5%
$747–$913
1BR
$880
$860
−2.3%
$774–$946
2BR
$1,130
$1,110
−1.8%
$999–$1,221
3BR
$1,570
$1,530
−2.5%
$1,377–$1,683
4BR
$1,890
$1,850
−2.1%
$1,665–$2,035
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 99151
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$830
$860
$1,110
$1,530
$1,850
FY 2026
$860
$880
$1,130
$1,570
$1,890
FY 2025
$850
$870
$1,110
$1,560
$1,860
FY 2024
$820
$830
$1,050
$1,480
$1,780
FY 2023
$670
$750
$980
$1,390
$1,670
Two-bedroom rent in nearby Stevens County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 99151?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,121, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,009 to $1,233 a month; under the ZIP-level Small Area FMR of $1,110 it would be $999 to $1,221. 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 99151 in?
ZIP 99151 is in the Stevens County, WA HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,121.
How much did fair market rent change in ZIP 99151 for FY 2027?
The two-bedroom FMR fell 1.8%, from $1,130 in FY 2026 to $1,110 in FY 2027. Since FY 2023 it has risen 13.3%.
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