What is the Fair Market Rent in Renton, WA?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $2,240 to $2,650 a month across the 3 ZIP codes that cover Renton.

By ZIP code: 98057 $2,240, 98055 $2,650, 98056 $2,530.

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 Renton is $2,162 (±$62), below the Small Area figure for ZIP 98057.

Figures last updated on .

2 bedrooms, whole area
$2,549
2 bedrooms, ZIP 98057
$2,240
2 bedrooms, ZIP 98055
$2,650
2 bedrooms, ZIP 98056
$2,530

Fair Market Rents for Renton, 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 98057$1,840$1,920$2,240$2,920$3,470$1,806
ZIP 98055$2,170$2,270$2,650$3,460$4,110$2,210
ZIP 98056 (71% of the ZIP’s land is in this place)$2,080$2,160$2,530$3,300$3,920$2,061

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 Renton

What is the Section 8 payment standard in Renton?

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 98057 is $2,240.

What is the Fair Market Rent for a two-bedroom in ZIP 98057?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 98057 is $2,240 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,806 (±$68).

What is the Fair Market Rent for a two-bedroom in ZIP 98055?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 98055 is $2,650 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $2,210 (±$108).

What is the Fair Market Rent for a two-bedroom in ZIP 98056?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 98056 is $2,530 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $2,061 (±$104).

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

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 98057 is $1,920 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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