FY2026 Fair Market Rents — Seattle-Bellevue, WA HUD Metro FMR Area

The HUD-published Fair Market Rents for FY2026 in this area are:

Studio
$2,074
1BR
$2,146
2BR
$2,501
3BR
$3,272
4BR
$3,847
Hours/week at min wage
116 hrs
to afford the 2BR FMR @ $16.66/hr (WA)
National rank
#23
of 661 U.S. metros (top 4% most expensive)
YoY change (2BR)
-6.4%
$170 vs FY2025 · 5-yr +31.2%
Voucher payment standard
$2,251–$2,751
PHAs set HCV payment at 90–110% of the 2BR FMR

Seattle-Bellevue, WA HUD Metro FMR Area

Metropolitan area · WA · View full history · Income limits · LIHTC rents

FY2026 Fair Market Rents

Bedroom Size Monthly FMR Annual Equivalent
Efficiency (Studio) $2,074 $24,888
1-Bedroom $2,146 $25,752
2-Bedroom $2,501 $30,012
3-Bedroom $3,272 $39,264
4-Bedroom $3,847 $46,164

Recent 2-Bedroom FMR Trend

FY2020 $2,099 → FY2026 $2,501
Fiscal Year Studio 1BR 2BR 3BR 4BR
FY2026 $2,074 $2,146 $2,501 $3,272 $3,847
FY2025 $2,238 $2,293 $2,671 $3,521 $4,104
FY2024 $2,211 $2,269 $2,645 $3,510 $4,080
FY2023 $1,829 $1,881 $2,199 $2,953 $3,446
FY2022 $1,674 $1,739 $2,044 $2,796 $3,285
FY2021 $1,523 $1,599 $1,906 $2,694 $3,172
FY2020 $1,627 $1,741 $2,099 $2,993 $3,524

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $164,400

AMI Level 1p 2p 3p 4p 5p 6p
30% AMI (Extremely Low) $34,550 $39,450 $44,400 $49,300 $53,250 $57,200
50% AMI (Very Low) $57,550 $65,800 $74,000 $82,200 $88,800 $95,400
80% AMI (Low) $81,700 $93,350 $105,000 $116,650 $126,000 $135,350

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR
$30,012/yr
FMR as % of Area Median Income
18.3% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$100,040/yr
$8,337/mo gross income

FY2026 LIHTC Maximum Rents

Maximum gross rents for Low-Income Housing Tax Credit units, by income band. Full LIHTC details →

AMI Band Studio 1BR 2BR 3BR 4BR
50% AMI Maximum $1,438 $1,644 $1,849 $2,219 $2,383
60% AMI Maximum $1,726 $1,972 $2,219 $2,663 $2,860

FY2026 HOME Program Rent Limits

Maximum rents for HOME Investment Partnerships–funded units. High HOME rents apply to most assisted units; Low HOME rents apply to the lowest-income set-aside units. Full HOME rent details →

Limit Type Studio 1BR 2BR 3BR 4BR
High HOME Rent $2,074 $2,146 $2,501 $2,671 $2,671
Low HOME Rent $1,438 $1,645 $1,850 $2,055 $2,220

Small Area FMRs by ZIP Code

This metro publishes ZIP-level Small Area Fair Market Rents. Metro-wide 2BR FMR: $2,501. About SAFMRs →

Highest-cost ZIPs (2BR SAFMR)

98004 $3,750
98075 $3,750
98121 $3,740
98065 $3,570
98006 $3,560

Lowest-cost ZIPs (2BR SAFMR)

98002 $2,160
98022 $2,160
98036 $2,160
98068 $2,160
98070 $2,160
All 153 ZIP codes in this area
98001 98002 98003 98004 98005 98006 98007 98008 98009 98010 98011 98012 98014 98015 98019 98020 98021 98022 98023 98024 98025 98026 98027 98028 98029 98030 98031 98032 98033 98034 98035 98036 98037 98038 98039 98040 98041 98042 98043 98045 98046 98047 98050 98051 98052 98053 98055 98056 98057 98058 98059 98062 98063 98064 98065 98068 98070 98071 98072 98073 98074 98075 98077 98082 98083 98087 98089 98092 98093 98101 98102 98103 98104 98105 98106 98107 98108 98109 98110 98111 98112 98113 98114 98115 98116 98117 98118 98119 98121 98122 98124 98125 98126 98127 98131 98133 98134 98136 98138 98139 98144 98145 98146 98148 98154 98155 98158 98161 98164 98165 98166 98168 98170 98174 98175 98177 98178 98185 98188 98194 98195 98198 98199 98201 98203 98204 98206 98207 98208 98213 98223 98224 98241 98251 98252 98256 98258 98259 98270 98271 98272 98275 98282 98287 98288 98290 98291 98292 98293 98294 98296 98354 98422

Compare Seattle-Bellevue, WA HUD Metro FMR Area With Other WA Metros

vs. Bellingham, WA MSA vs. Bremerton-Silverdale, WA MSA vs. Columbia County, WA HUD Metro FMR Area vs. Kennewick-Richland, WA MSA vs. Longview, WA MSA

Counties in This FMR Area

King County Snohomish County

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