Location: Lincoln County, WA | Metro: Adams County, WA
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $770 |
| 1 Bedroom | $850 |
| 2 Bedrooms | $1,110 |
| 3 Bedrooms | $1,540 |
| 4 Bedrooms | $1,860 |
| 5 Bedrooms | $2,158 |
| 6 Bedrooms | $2,417 |
| 7 Bedrooms | $2,610 |
| 8 Bedrooms | $2,741 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,110 | $186,008 | 0.6% | F |
| 3BR | $1,540 | $251,534 | 0.61% | D |
| 4BR | $1,860 | $273,690 | 0.68% | D |
U.S. Census Bureau data (2024)
1,010 dollars is the Fair Market Rent (FMR) for ZIP 99169 (Ritzville, WA) in metro FY 2026, reflecting the upper limit for what a landlord can charge tenants participating in the Section 8 program. In contrast, the Census ACS reports a market rent of 852 dollars, indicating a significant gap between subsidized rates and typical rental costs. With a median home value of 239,011 dollars, Ritzville presents an opportunity for investors looking for affordable entry points. The 21.5 percent renter share shows that a considerable portion of the population relies on renting, which can be advantageous for landlords aiming to fill their properties. However, the median income of 66,061 dollars suggests that many residents might struggle to afford even the lower market rents without assistance. The N/A-day DOM (days on market) implies that there's no available data on how long it takes for properties to sell, which could indicate a stable market with consistent demand. Lastly, the 0.2 percent price-cut share indicates that very few properties are being reduced in price, suggesting strong pricing power for landlords. Based on these figures, the Section 8 program remains a viable option for landlords in Ritzville, offering a steady stream of tenants who can afford the rent despite the area's modest income levels.
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.