FY2026 Fair Market Rents — Skagit County
Studio
$1,186
1BR
$1,311
2BR
$1,720
3BR
$2,392
4BR
$2,599
Skagit County, Washington
FIPS 53057 · County-level FMR and income limit data
FMR Area: Mount Vernon-Anacortes, WA MSA
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 |
To afford the FY2026 2-bedroom FMR of $1,720/mo under the 30%-of-income rule, a household needs about
$68,800/yr ($5,733/mo). Area Median Income is $120,200.
At WA's state minimum wage of $16.66/hr, a worker would need to work 80 hours/week to afford that rent.
Recent FMR Trend
| 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 |
FY2026 Income Limits
Area Median Income: $120,200
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $25,250 | $28,850 | $32,450 | $36,050 | $38,950 | $44,360 |
| 50% AMI | $42,050 | $48,100 | $54,100 | $60,100 | $64,950 | $69,750 |
| 80% AMI | $67,350 | $76,950 | $86,550 | $96,150 | $103,850 | $111,550 |