Location: Pend Oreille County, WA | Metro: Pend Oreille County, WA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $980 |
| 1 Bedroom | $1,080 |
| 2 Bedrooms | $1,410 |
| 3 Bedrooms | $1,820 |
| 4 Bedrooms | $2,360 |
| 5 Bedrooms | $2,738 |
| 6 Bedrooms | $3,067 |
| 7 Bedrooms | $3,312 |
| 8 Bedrooms | $3,478 |
U.S. Census Bureau data (2024)
In ZIP code 99139, the median income stands at $52,404, making it challenging for the average household to afford the market rate rent of $785 per month. This figure represents the typical rent price based on recent Census American Community Survey (ACS) data.
However, when comparing this to the Fair Market Rent (FMR) standard set by the housing voucher program, which is $1,190 per month for the metro area in fiscal year 2026, there is a significant discrepancy. The voucher payment standard is substantially higher than the actual market rate, indicating that voucher recipients could potentially cover more than the typical rent in this area.
The ZIP code has a relatively low percentage of renters at 13.8%, with a total population of 1,091. This means that landlords face limited competition from other rental properties. However, the affordability gap between the median income and the market rate rent suggests that many residents may struggle to pay rent without assistance.
Landlords considering their strategy should take note of these dynamics. Given that voucher payments exceed the market rate, accepting vouchers can be a lucrative option. It ensures a steady stream of rental income and taps into a segment of the market that might otherwise be unable to afford living here. On the other hand, relying solely on cash-paying tenants means targeting those who can afford the $785 market rate, a smaller pool given the median income levels.
The takeaway for landlords is clear: accepting housing vouchers can be a strategic advantage, providing access to a larger pool of potential tenants and ensuring consistent, above-market rental income. This approach aligns well with the economic realities faced by many households in ZIP 99139.
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.