Section 8 Fair Market Rent (FMR) for ZIP 99219 - 2027

FY 2027 Fair Market Rent Rates

The ZIP code 99219, located in Washington state, is an area that requires careful consideration for real estate investment due to limited available data. However, the Fair Market Rent (FMR) provides a solid anchor point for understanding rental value expectations in the region.

• The Fair Market Rent for ZIP 99219 is set at $1300 per month for the fiscal year 2024, offering a benchmark for rental pricing.
• The market rent data for this ZIP code is currently unavailable, which suggests a lack of recent rental activity or comprehensive reporting.
• The median home value is also not available, indicating that there might be insufficient sales data to determine a typical price range for homes in this area.
• The percentage of residents who are renters is unknown, making it difficult to gauge the demand for rental properties specifically.
• The Days on Market (DOM) figure is missing, which would typically indicate how quickly properties are selling or renting.
• The median income for the area is not provided, leaving an important economic indicator unaccounted for in our analysis.

Given the scarcity of detailed data points, potential investors should focus on the Fair Market Rent as a reliable indicator of what tenants can afford. The absence of other key metrics, such as market rent and median home values, implies a need for further research into local real estate trends and economic conditions. Investors must be prepared to fill in these gaps through direct market inquiries and community insights before making any investment decisions in ZIP 99219.

Data Sources: FMR data from HUD (2027).

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.