What is the Fair Market Rent in Bellevue, WA?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $2,950 to $3,820 a month across the 5 ZIP codes that cover Bellevue.

By ZIP code: 98005 $2,950, 98007 $3,030, 98008 $3,270, 98006 $3,560, 98004 $3,820.

Across the whole Seattle-Bellevue, WA HUD Metro FMR Area the two-bedroom figure is $2,549.

The Census Bureau’s median gross rent for a two-bedroom home in Bellevue is $2,647 (±$63), below the Small Area figure for ZIP 98005.

Figures last updated on .

2 bedrooms, whole area
$2,549
2 bedrooms, ZIP 98005
$2,950
2 bedrooms, ZIP 98007
$3,030
2 bedrooms, ZIP 98008
$3,270

Fair Market Rents for Bellevue, fiscal year 2027

HUD Fair Market Rent, dollars a month (gross rent, including utilities), beside the Census Bureau’s median gross rent for each ZIP code
Studio1 bedroom2 bedrooms3 bedrooms4 bedroomsCensus median rent
Seattle-Bellevue, WA HUD Metro FMR Area (whole area)$2,091$2,180$2,549$3,324$3,954—
ZIP 98005$2,420$2,520$2,950$3,850$4,580$2,389
ZIP 98007$2,490$2,590$3,030$3,950$4,700$2,331
ZIP 98008$2,680$2,800$3,270$4,260$5,070$2,565
ZIP 98006 (94% of the ZIP’s land is in this place)$2,920$3,040$3,560$4,640$5,520$2,836
ZIP 98004 (75% of the ZIP’s land is in this place)$3,130$3,270$3,820$4,980$5,930$2,803

A Fair Market Rent is HUD’s estimate of the gross rent (shelter plus utilities) of a modest rental home in the area.

Whether a housing authority uses the ZIP code (Small Area) figures or the area-wide one depends on whether HUD has designated the area for Small Area FMRs or the authority has opted in; ask the local housing authority which applies.

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Questions about Bellevue

What is the Section 8 payment standard in Bellevue?

Housing authorities set payment standards between 90% and 110% of HUD’s Fair Market Rent; for fiscal year 2027, the two-bedroom Fair Market Rent for the Seattle-Bellevue, WA HUD Metro FMR Area is $2,549, and the Small Area figure for 98005 is $2,950.

What is the Fair Market Rent for a two-bedroom in ZIP 98005?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 98005 is $2,950 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $2,389 (±$69).

What is the Fair Market Rent for a two-bedroom in ZIP 98007?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 98007 is $3,030 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $2,331 (±$70).

What is the Fair Market Rent for a two-bedroom in ZIP 98008?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 98008 is $3,270 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $2,565 (±$270).

What is the Fair Market Rent for a one-bedroom in Bellevue?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 98005 is $2,520 a month, against $2,180 across the Seattle-Bellevue, WA HUD Metro FMR Area.

Sources

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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