Location: Seattle-Bellevue, WA | Metro: Seattle-Bellevue, WA HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $2,130 |
| 1 Bedroom | $2,220 |
| 2 Bedrooms | $2,600 |
| 3 Bedrooms | $3,390 |
| 4 Bedrooms | $4,030 |
| 5 Bedrooms | $4,675 |
| 6 Bedrooms | $5,236 |
| 7 Bedrooms | $5,655 |
| 8 Bedrooms | $5,938 |
2700 dollars is the Fair Market Rent (FMR) for ZIP 98174 in fiscal year 2024, according to HUD.
N/A dollars represents the current market rent for ZIP 98174, indicating a lack of recent data.
N/A dollars is the median home value in ZIP 98174, suggesting insufficient data for a precise figure.
N/A percent is the share of renters in ZIP 98174, showing no available data on the percentage of residents who rent their homes.
N/A dollars is the median income in ZIP 98174, highlighting the absence of recent income data.
N/A days is the Days on Market (DOM) for listings in ZIP 98174, indicating that there is no current data on how long homes stay on the market.
N/A percent is the share of homes that have had their prices reduced in ZIP 98174, implying a lack of data on price adjustments.
The data suggests that while the Fair Market Rent is established at 2700 dollars, other key metrics like market rent, median home values, and median incomes are not currently available for ZIP 98174. This scarcity of information makes it challenging to assess the overall health and potential profitability of the real estate market in this area.
Given the limited data, the Section 8 verdict for ZIP 98174 remains inconclusive until more detailed market information becomes available.
Data Sources: FMR data from HUD (2027).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.