Washington · FIPS 53029 · HUD FY 2027
Island County, Washington Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Island County is $1,824 a month (rent plus utilities), 11% below the Washington average of $2,044 and 4% above the U.S. average of $1,761. That is up $153 (9.2%) from FY 2026. At 30% of income, a household needs about $72,960 a year to afford it.
- $1,8242-bedroom FMR+$153 (+9.2%) vs FY 2026
- $1,4591-bedroom FMRWashington: $1,701 · U.S.: $1,478
- $72,960Income for a 2-bedroom$35/hour full-time
- 10 of 392BR rank in Washington1 = highest rent
| Unit | Island County FY 2027 | FY 2026 | Change | Washington avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $1,270 | $1,172 | +$98 (+8.4%) | $1,600 | $1,379 | $50,800 |
| 1 bedroom | $1,459 | $1,356 | +$103 (+7.6%) | $1,701 | $1,478 | $58,360 |
| 2 bedrooms | $1,824 | $1,671 | +$153 (+9.2%) | $2,044 | $1,761 | $72,960 |
| 3 bedrooms | $2,501 | $2,324 | +$177 (+7.6%) | $2,728 | $2,266 | $100,040 |
| 4 bedrooms | $2,987 | $2,733 | +$254 (+9.3%) | $3,214 | $2,607 | $119,480 |
How Island County compares
- Island County is a non-metro county, so HUD sets one Fair Market Rent for the whole county.
- Across Washington, 2-bedroom FMRs run from $1,058 (Ferry County) to $2,549 (King County).
- Studio to 4-bedroom: $1,270, $1,459, $1,824, $2,501, $2,987. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
- HUD also publishes ZIP-level Small Area FMRs. For the 8 ZIP codes mostly in Island County (by land area), the 2-bedroom figure ranges from $1,650 to $2,200.
Small Area FMRs by ZIP code in Island County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 98236 | $1,220 | $1,400 | $1,750 | $2,400 | $2,870 | +$160 (+10.1%) | 4% below |
| 98239 | $1,150 | $1,320 | $1,650 | $2,260 | $2,700 | +$200 (+13.8%) | 10% below |
| 98249 | $1,200 | $1,380 | $1,720 | $2,360 | $2,820 | +$100 (+6.2%) | 6% below |
| 98253 | $1,530 | $1,760 | $2,200 | $3,020 | $3,600 | +$670 (+43.8%) | 21% above |
| 98260 | $1,350 | $1,550 | $1,940 | $2,660 | $3,180 | +$190 (+10.9%) | 6% above |
| 98277 | $1,300 | $1,500 | $1,870 | $2,560 | $3,060 | +$250 (+15.4%) | 3% above |
| 98278 | $1,300 | $1,500 | $1,870 | $2,560 | $3,060 | +$250 (+15.4%) | 3% above |
| 98282 | $1,620 | $1,670 | $1,950 | $2,650 | $3,160 | −$210 (−9.7%) | 7% above |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.