What is the Fair Market Rent in Lake Morton-Berrydale, WA?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 98042, which covers Lake Morton-Berrydale, is $2,640 a month.

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 Lake Morton-Berrydale is $2,058 (±$772), within its margin of the Small Area figure for ZIP 98042.

Figures last updated on November 12, 2026.

2 bedrooms, whole area: $2,549
2 bedrooms, ZIP 98042: $2,640

Fair Market Rents for Lake Morton-Berrydale, 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
	Studio	1 bedroom	2 bedrooms	3 bedrooms	4 bedrooms	Census median rent
Seattle-Bellevue, WA HUD Metro FMR Area (whole area)	$2,091	$2,180	$2,549	$3,324	$3,954	—
ZIP 98042 (35% of the ZIP’s land is in this place)	$2,170	$2,260	$2,640	$3,440	$4,100	$2,118

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.

Lake Morton-Berrydale is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

What you can do on Seayora in Lake Morton-Berrydale

One account for renting, owning, managing and fixing homes, with these figures beside you.

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Lake Morton-Berrydale beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near Lake Morton-Berrydale, save the ones you like and apply online.

Browse rentals · Create a renter account

Do repairs, renovations or maintenance?

Get found by owners and renters near Lake Morton-Berrydale, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Lake Morton-Berrydale

What is the Section 8 payment standard in Lake Morton-Berrydale?

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 98042 is $2,640.

What is the Fair Market Rent for a two-bedroom in ZIP 98042?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 98042 is $2,640 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $2,118 (±$152).

What is the Fair Market Rent for a one-bedroom in Lake Morton-Berrydale?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 98042 is $2,260 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.