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RentData.org Logo Seattle-Bellevue Fair Market Rent FY 2021 Seattle-Bellevue, WA HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Seattle-Bellevue, WA :
$1,523 $1,599 $1,906 $2,694 $3,172
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Expensive 40th Percentile Metro Area

Fair Market Rent prices in Seattle-Bellevue are very high compared to the national average. This FMR area is more expensive than 99% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Seattle-Bellevue is $1,906 per month.

The previous year, rent for a two-bedroom home was $2,099 per month. This is a 9.19% decrease year-over-year.

This FMR rate applies to Skykomish, WA, Baring, WA, Snoqualmie Pass, WA, Seahurst, WA, Preston, WA, Hobart, WA, Medina, WA, Ravensdale, WA, Gold Bar, WA, Black Diamond, WA and other cities within the region. The Metro Code or CBSA code for this region is METRO42660MM7600.

Additionally, This Fair Market Rent (FMR) area Seattle-Bellevue, WA HUD Metro FMR Area spans one county or city in Washington which is listed in the table below. Estimated population of Seattle-Bellevue, WA HUD Metro FMR Area FMR area is 2,118,120 people based on latest Census data.

Compared to the rest of Washington, the Seattle-Bellevue FMR area is more expensive than 100% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Seattle-Bellevue. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Seattle-Bellevue

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 1659
1-BR 1-Bedroom $ 1741
2-BR 2-Bedroom $ 2076
3-BR 3-Bedroom $ 2903
4-BR 4-Bedroom $ 3421
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

There is just one county (listed below) within the Seattle-Bellevue, WA HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Seattle - Tacoma and Yakima - Pasco - Rchlnd - Knnwck.

County / Region Est. Population
Seattle-Bellevue, WA Metro 2,118,120
Zip Codes in Seattle-Bellevue, WA HUD Metro FMR Area

There are 119 unique zip codes in this Fair Market Rent (FMR) area:

98001, 98002, 98003, 98004, 98005, 98006, 98007, 98008, 98009, 98010, 98011, 98014, 98015, 98019, 98021, 98022, 98023, 98024, 98025, 98027, 98028, 98029, 98030, 98031, 98032, 98033, 98034, 98035, 98038, 98039, 98040, 98041, 98042, 98045, 98047, 98050, 98051, 98052, 98053, 98055, 98056, 98057, 98058, 98059, 98062, 98063, 98064, 98065, 98068, 98070, 98071, 98072, 98073, 98074, 98075, 98077, 98083, 98089, 98092, 98093, 98101, 98102, 98103, 98104, 98105, 98106, 98107, 98108, 98109, 98111, 98112, 98113, 98114, 98115, 98116, 98117, 98118, 98119, 98121, 98122, 98124, 98125, 98126, 98127, 98129, 98133, 98134, 98136, 98138, 98139, 98144, 98145, 98146, 98148, 98154, 98155, 98158, 98161, 98164, 98165, 98166, 98168, 98174, 98175, 98177, 98178, 98181, 98185, 98188, 98191, 98194, 98195, 98198, 98199, 98224, 98251, 98288, 98354 and 98422

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