What is the Fair Market Rent for a 2-bedroom in Seattle-Bellevue, WA HUD Metro FMR Area?

The HUD Fair Market Rent for a 2-bedroom unit in Seattle-Bellevue, WA HUD Metro FMR Area is $2,501 per month for fiscal year 2026. The studio FMR is $2,074, 1-bedroom is $2,146, 3-bedroom is $3,272, and 4-bedroom is $3,847.

What income do you need to afford the FMR in Seattle-Bellevue, WA HUD Metro FMR Area?

Using the standard 30%-of-income affordability rule, a household would need to earn about $100,040 per year ($8,337 per month) to afford the FY2026 2-bedroom Fair Market Rent of $2,501 in Seattle-Bellevue, WA HUD Metro FMR Area.

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)

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

Non-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

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