What is the Fair Market Rent for a 2-bedroom in Mount Vernon-Anacortes, WA MSA?

The HUD Fair Market Rent for a 2-bedroom unit in Mount Vernon-Anacortes, WA MSA is $1,720 per month for fiscal year 2026. The studio FMR is $1,186, 1-bedroom is $1,311, 3-bedroom is $2,392, and 4-bedroom is $2,599.

What income do you need to afford the FMR in Mount Vernon-Anacortes, WA MSA?

Using the standard 30%-of-income affordability rule, a household would need to earn about $68,800 per year ($5,733 per month) to afford the FY2026 2-bedroom Fair Market Rent of $1,720 in Mount Vernon-Anacortes, WA MSA.

FY2026 Fair Market Rents — Mount Vernon-Anacortes, WA MSA

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

Studio

$1,186

1BR

$1,311

2BR

$1,720

3BR

$2,392

4BR

$2,599

Hours/week at min wage

80 hrs

to afford the 2BR FMR @ $16.66/hr (WA)

YoY change (2BR)

+1.1%

+$19 vs FY2025 · 5-yr +40.4%

Voucher payment standard

$1,548–$1,892

PHAs set HCV payment at 90–110% of the 2BR FMR

Mount Vernon-Anacortes, WA MSA

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

FY2026 Fair Market Rents

Bedroom Size	Monthly FMR	Annual Equivalent
Efficiency (Studio)	$1,186	$14,232
1-Bedroom	$1,311	$15,732
2-Bedroom	$1,720	$20,640
3-Bedroom	$2,392	$28,704
4-Bedroom	$2,599	$31,188

Recent 2-Bedroom FMR Trend

FY2020 $1,208 → FY2026 $1,720

Fiscal Year	Studio	1BR	2BR	3BR	4BR
FY2026	$1,186	$1,311	$1,720	$2,392	$2,599
FY2025	$1,166	$1,300	$1,701	$2,384	$2,592
FY2024	$1,123	$1,279	$1,657	$2,335	$2,590
FY2023	$941	$1,111	$1,407	$2,000	$2,322
FY2022	$868	$1,035	$1,307	$1,857	$2,176
FY2021	$839	$974	$1,225	$1,753	$2,095
FY2020	$825	$951	$1,208	$1,743	$1,989

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $120,200

AMI Level	1p	2p	3p	4p	5p	6p
30% AMI (Extremely Low)	$25,250	$28,850	$32,450	$36,050	$38,950	$44,360
50% AMI (Very Low)	$42,050	$48,100	$54,100	$60,100	$64,950	$69,750
80% AMI (Low)	$67,350	$76,950	$86,550	$96,150	$103,850	$111,550

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR

$20,640/yr

FMR as % of Area Median Income

17.2% of AMI

Under 30% — affordable at median income

Income Needed (30% rule, 2BR)

$68,800/yr

$5,733/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	$1,051	$1,202	$1,352	$1,622	$1,742
60% AMI Maximum	$1,262	$1,442	$1,622	$1,947	$2,091

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	$1,186	$1,311	$1,720	$1,953	$1,953
Low HOME Rent	$1,051	$1,202	$1,352	$1,502	$1,623

Compare Mount Vernon-Anacortes, WA MSA 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