Location: Whitman County, WA | Metro: Whitman County, WA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $910 |
| 1 Bedroom | $1,030 |
| 2 Bedrooms | $1,300 |
| 3 Bedrooms | $1,800 |
| 4 Bedrooms | $2,170 |
| 5 Bedrooms | $2,517 |
| 6 Bedrooms | $2,819 |
| 7 Bedrooms | $3,045 |
| 8 Bedrooms | $3,197 |
U.S. Census Bureau data (2024)
The renter's perspective in ZIP code 99102 reveals a significant affordability gap. Households with a median income of $56,833 face market rate rents of $1,061. This means that a substantial portion of their income—approximately 25%—is dedicated to housing costs alone, which is already a considerable burden.
To put this into context, the Fair Market Rent (FMR) set by HUD for the metro area in fiscal year 2026 is $1,220. This figure is notably higher than the current market rate, indicating that the area might see an increase in rental prices if the market adjusts to match the FMR. For renters, this could mean even tighter budgets, especially since the FMR exceeds the median household income by nearly 40%.
With 52.8% of the population being renters, and a total population of 495, landlords must be prepared for intense competition. The affordability gap suggests that many renters will struggle to pay market rates without assistance, making them likely candidates for Section 8 vouchers. These vouchers cover up to $1,220 per month, providing a stable income stream for landlords who accept them.
The takeaway for landlords considering voucher versus cash-pay strategies is clear: accepting Section 8 vouchers can ensure a steady, government-backed income that aligns with the FMR. While cash-paying tenants might offer slightly higher rents today, the stability and security provided by vouchers make them a reliable option in a competitive market where affordability is a major concern for renters.
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.