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Benton County/Richland/99352

99352

ZIPSAFMR
Benton County, WA
Zillow

ZIP Investment Score

57Below average

095130300
BRFMR
Eff. Rent
0 BR$1,270$1,400
1 BR$1,420$1,510
2 BR$1,720$1,680
3 BR$2,370$1,870
4 BR$2,710$2,350
5 BR$3,116Not available
6 BR$3,584Not available
7 BR$4,122Not available
8 BR$4,740Not available

Purchase Price Calculator

Maximum purchase price
$187,731

Cost breakdown

+Likely effective rent$1,680
HUD FMR$1,720
Market rentUsed$1,680
Est. payment standard (98%)$1,690
-Principal and interest-$949
Loan amount$150,185
Down payment$37,546
Rate6.50%
Term30 years
-Operating costs-$531
Property taxes-$188
Insurance-$175
Utilities$0
HOA$0
Management-$168
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$27,015(72.0% ROI)
Projected value
$202,166
Return breakdown
Property appreciation+$14,435
Loan principal paid down+$5,381
Rental cash flow+$7,200
5-year hold
+$46,265(123.2% ROI)
Projected value
$212,400
Return breakdown
Property appreciation+$24,669
Loan principal paid down+$9,595
Rental cash flow+$12,000
10-year hold
+$99,444(264.9% ROI)
Projected value
$240,311
Return breakdown
Property appreciation+$52,581
Loan principal paid down+$22,864
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.84
1 BR
0.91
2 BR
1.02
3 BR
1.27
4 BR
1.15
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 99352 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 99352 (Richland, WA) is $1,720 a month. That is down 2.3% from $1,760 in FY 2026. Richland is in the Kennewick-Richland, WA MSA. 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 $1,487. Among 12 ZIP codes in Benton County, 99352 has the 2nd-highest two-bedroom rent (county range $1,390–$1,850). The median county two-bedroom FMR in Washington is $1,467, so ZIP 99352 is 17% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 99352
BedroomsFY 2027Change90–110% range
Studio$1,270−0.8%$1,143–$1,397
1BR$1,420−2.1%$1,278–$1,562
2BR$1,720−2.3%$1,548–$1,892
3BR$2,3700.0%$2,133–$2,607
4BR$2,710−0.7%$2,439–$2,981

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 99352
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,270$1,420$1,720$2,370$2,710
FY 2026$1,280$1,450$1,760$2,370$2,730
FY 2025$1,270$1,420$1,730$2,310$2,670
FY 2024$1,200$1,380$1,700$2,240$2,700
FY 2023$940$1,100$1,370$1,810$2,250

Two-bedroom rent in nearby Benton County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 99352
98930$1,390−19.2%
98944$1,390−19.2%
99320$1,390−19.2%
99336$1,440−16.3%
99337$1,580−8.1%
99338$1,710−0.6%
99345$1,390−19.2%
99346$1,410−18.0%
99350$1,390−19.2%
99352Current$1,720—
99353$1,850+7.6%
99354$1,540−10.5%

Questions about ZIP 99352 rents

How much will Section 8 pay for a two-bedroom in ZIP 99352?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,487, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,338 to $1,636 a month; under the ZIP-level Small Area FMR of $1,720 it would be $1,548 to $1,892. 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 99352 in?

ZIP 99352 is in the Kennewick-Richland, WA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,487.

How much did fair market rent change in ZIP 99352 for FY 2027?

The two-bedroom FMR fell 2.3%, from $1,760 in FY 2026 to $1,720 in FY 2027. Since FY 2023 it has risen 25.5%.

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 rentRichland, WA fair market rentWA statewide rentsWhat is SAFMR?Data sources