Location: Ferry County, WA | Metro: Ferry County, WA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $730 |
| 1 Bedroom | $800 |
| 2 Bedrooms | $1,040 |
| 3 Bedrooms | $1,440 |
| 4 Bedrooms | $1,730 |
| 5 Bedrooms | $2,007 |
| 6 Bedrooms | $2,248 |
| 7 Bedrooms | $2,428 |
| 8 Bedrooms | $2,549 |
U.S. Census Bureau data (2024)
ZIP code 99150, located in Ferry County, WA, is best suited as an appreciation play within a Section 8 portfolio strategy. Despite the lack of current market data, the area's characteristics suggest potential for long-term growth.
The median home value in ZIP 99150 stands at $302,237, which is lower than the Fair Market Rent (FMR) of $970 for the metro area for fiscal year 2026. This discrepancy indicates that the housing market in this region could be undervalued compared to what tenants can afford under Section 8 guidelines. As such, landlords and small-portfolio investors should expect that over time, property values in this ZIP code will likely appreciate as the local economy strengthens and demand for housing increases.
Additionally, the median income in the area is $61,833, which suggests a stable but modest economic base. While the renter share is listed at 0.0%, indicating a primarily owner-occupied market, this does not necessarily preclude rental opportunities, especially for those participating in Section 8 programs. The combination of relatively low home values and a stable income level creates an environment where appreciation is possible without the immediate pressure of high competition in the rental market.
In conclusion, ZIP 99150 offers a strategic opportunity for appreciation within a Section 8 portfolio. Investors should focus on properties that align with the program's requirements and anticipate gradual value increases as the area continues to develop.
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.