ZIP 98224 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 98224 in the Seattle-Bellevue, WA FMR area.

$1,660Efficiency
$1,7301 bedroom
$2,0202 bedrooms
$2,6403 bedrooms
$3,1404 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$1,660$1,494$1,826$2,091
1 bedroom$1,730$1,557$1,903$2,180
2 bedrooms$2,020$1,818$2,222$2,549
3 bedrooms$2,640$2,376$2,904$3,324
4 bedrooms$3,140$2,826$3,454$3,954

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 98224?

HUD's FY2027 Small Area FMRs for ZIP 98224 (Seattle-Bellevue, WA) are $1,660 efficiency, $1,730 one bedroom, $2,020 two bedrooms, $2,640 three and $3,140 four bedrooms.

What payment standard can a housing authority set in ZIP 98224?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,818 to $2,222.