Section 8 Fair Market Rent (FMR) for ZIP 99113 - 2027

Location: Whitman County, WA | Metro: Whitman County, WA

Investment Score for ZIP 99113

N/A
Monthly Rent (2BR)
$1,460
Median Price (2BR)
$N/A
1% Rule
0%
Annual Yield
0%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$1,020
1 Bedroom$1,150
2 Bedrooms$1,460
3 Bedrooms$2,020
4 Bedrooms$2,440
5 Bedrooms$2,830
6 Bedrooms$3,170
7 Bedrooms$3,424
8 Bedrooms$3,595

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
3BR $2,020 $397,727 0.51% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
560
Median Household Income
$104,643
Housing Units
267
Renter Percentage
7.6%
Occupancy Rate
88.4%
Renter Occupied
18

In ZIP code 99113, the Section 8 program, officially known as the Housing Choice Voucher Program, operates under specific economic parameters that directly impact landlords and small-portfolio investors. The SAFMR (Small Area Fair Market Rent) for a two-bedroom apartment in this ZIP code for fiscal year 2026 is set at $1,200. This figure represents the maximum amount the government will pay towards the rent on behalf of a tenant.

The local market rent, according to Census ACS data, is slightly higher at $1,281 per month. This indicates that landlords might be able to charge slightly above the SAFMR without significantly deterring potential tenants who have vouchers.

A voucher payment is composed of two main parts: the tenant's portion and the government's subsidy. The tenant is typically responsible for paying approximately 30% of their adjusted income towards rent. For example, if a tenant's monthly adjusted income is $1,000, they would contribute $300 toward the rent. The remaining balance up to the SAFMR limit is covered by the government. If the total rent is $1,200, the government would cover the rest, which is $900 in this case.

Additionally, the voucher includes an allowance for utilities. This allowance can vary but is generally around $200-$300 per month. Landlords should factor in this allowance when considering the overall financial impact of renting to a Section 8 tenant.

Given these specifics, let’s walk through a scenario. Suppose a tenant has a voucher for a two-bedroom apartment and the total rent is set at the SAFMR limit of $1,200. The tenant contributes $300, and the government covers the remaining $900. If the utility allowance is $250, the landlord receives a total of $1,150 ($900 + $250) from the government and the tenant. However, since the local market rent is $1,281, the landlord would still face a shortfall of $131 per month if they charge the market rate.

To summarize, landlords in ZIP 99113 can expect the government to subsidize a significant portion of the rent for Section 8 tenants, up to $1,200 per month for a two-bedroom unit. Factoring in the tenant's contribution and utility allowance, landlords will receive a combined amount that usually falls short of the local market rent. In this scenario, there is a typical reimbursement gap of $131 per month, meaning landlords will need to adjust their expectations or find ways to reduce costs to maintain profitability.

Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.