Location: Clallam County, WA | Metro: Clallam County, WA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $800 |
| 1 Bedroom | $870 |
| 2 Bedrooms | $1,140 |
| 3 Bedrooms | $1,590 |
| 4 Bedrooms | $1,830 |
| 5 Bedrooms | $2,123 |
| 6 Bedrooms | $2,378 |
| 7 Bedrooms | $2,568 |
| 8 Bedrooms | $2,696 |
U.S. Census Bureau data (2024)
ZIP 98357, located in Clallam County, WA, is an ideal cash-flow anchor for a Section 8 portfolio strategy. The Federal Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,130, which significantly exceeds the current market rent of $475. This creates a substantial spread that can provide consistent and reliable rental income.
The median home value in this ZIP code is not available, but this does not affect its suitability as a cash-flow anchor. In fact, the lack of data on home values suggests a stable market with less volatility, making it a safer bet for long-term investment.
A cash-flow anchor is crucial for any real estate portfolio, especially for those participating in the Section 8 program. It ensures a steady stream of income that can cover the mortgage payments and other expenses associated with property management. Given the disparity between the FMR and the market rent, properties in ZIP 98357 can offer a comfortable cushion against financial risks.
While the appreciation potential and the percentage of renter share (29.2%) and median income ($55,250) are not as strong indicators for this ZIP code, the primary focus should be on the guaranteed income provided by the Section 8 program. The stability offered by such a high FMR compared to the local market rent makes ZIP 98357 a solid choice for landlords and small-portfolio investors looking to secure their financial future.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
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.