HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Skagit County, Washington (FY 2026)
$1,720 a month. That's HUD's FY 2026 Fair Market Rent for a two-bedroom in Skagit County, and it's the baseline every voucher in Skagit is measured against.
2 bedroom FMR
$1,720
FY 2026, utilities included
Payment standard range
$1,548 to $1,892
90% to 110% of FMR
Income to afford 2BR
$68,800
per year, at 30% of income
Rank in Washington
10th of 39
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Skagit moves to $1,668. That's down 3%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in Skagit actually rent for?
Search any address in Skagit for a rent estimate built from nearby comps, with the HUD figure right next to it.
FY 2026 Fair Market Rents
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2025 |
|---|---|---|---|---|---|
| Studio | $1,186 | $1,067 to $1,305 | $47,440 | $22.81/hr | +1.7% |
| 1 bedroom | $1,311 | $1,180 to $1,442 | $52,440 | $25.21/hr | +0.8% |
| 2 bedroom | $1,720 | $1,548 to $1,892 | $68,800 | $33.08/hr | +1.1% |
| 3 bedroom | $2,392 | $2,153 to $2,631 | $95,680 | $46.00/hr | +0.3% |
| 4 bedroom | $2,599 | $2,339 to $2,859 | $103,960 | $49.98/hr | +0.3% |
5 to 8 bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $2,989 | $2,690 to $3,288 |
| 6 bedroom Estimate | $3,379 | $3,041 to $3,717 |
| 7 bedroom Estimate | $3,769 | $3,392 to $4,146 |
| 8 bedroom Estimate | $4,158 | $3,742 to $4,574 |
Source: HUD Office of Policy Development and Research, FY 2026 Fair Market Rents. Rents include utilities. huduser.gov
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2026 that's October 1, 2025 through September 30, 2026. In Skagit, that runs from $1,186 for a studio up to $2,599 for four bedrooms, all five rates in the table above.
Skagit is its own HUD metro area (Mount Vernon-Anacortes, WA), so the rate here is set from rents inside the county rather than a wider region.
Among Washington's 39 counties, Skagit ranks 10th for two-bedroom FMR. That's about 25% above the state median of $1,374 and about 69% above the national median county at $1,018. About 129,480 people live here, 11th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,540 in 98238 (Conway) and $2,160 in 98232 (Bow), with the 14 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the county rate. Everywhere else the ZIP numbers show where rents actually sit, and the county rate stays the official standard.
| ZIP | City | 2BR rate | vs county |
|---|---|---|---|
| 98221 | Anacortes | $1,950 | +13.4% |
| 98232 | Bow | $2,160 | +25.6% |
| 98233 | Burlington | $1,810 | +5.2% |
| 98235 | Clearlake | $1,610 | -6.4% |
| 98237 | Concrete | $1,680 | -2.3% |
| 98238 | Conway | $1,540 | -10.5% |
| 98255 | Hamilton | $1,770 | +2.9% |
| 98257 | La Conner | $1,540 | -10.5% |
| 98263 | Lyman | $1,770 | +2.9% |
| 98267 | Marblemount | $1,540 | -10.5% |
| 98273 | Mount Vernon | $1,540 | -10.5% |
| 98274 | Mount Vernon | $1,990 | +15.7% |
| 98283 | Rockport | $1,680 | -2.3% |
| 98284 | Sedro Woolley | $1,770 | +2.9% |
What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Skagit somewhere between $1,548 and $1,892. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$1,720 a month is affordable, by HUD's 30% rule, on an income of roughly $68,800 a year. Put another way, $33 an hour full time.
Worked example for a two-bedroom, assuming the rent equals the payment standard. Tenant pays 30% of monthly income, HUD's housing assistance payment covers the rest.
| Monthly household income | Tenant pays (30%) | HAP at 90% ($1,548) | HAP at 100% ($1,720) | HAP at 110% ($1,892) |
|---|---|---|---|---|
| $2,500 | $750 | $798 | $970 | $1,142 |
| $4,000 | $1,200 | $348 | $520 | $692 |
Rate history
The two-bedroom rate went up 1% from FY 2025 ($1,701) to FY 2026 ($1,720). Since FY 2020 it's up 42% in total, about 6.1% a year. The Washington median moved up 4% over the same year.
| Year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $825 | $951 | $1,208 | $1,743 | $1,989 | — |
| FY 2021 | $839 | $974 | $1,225 | $1,753 | $2,095 | +1.4% |
| FY 2022 | $868 | $1,035 | $1,307 | $1,857 | $2,176 | +6.7% |
| FY 2023 | $941 | $1,111 | $1,407 | $2,000 | $2,322 | +7.7% |
| FY 2024 | $1,123 | $1,279 | $1,657 | $2,335 | $2,590 | +17.8% |
| FY 2025 | $1,166 | $1,300 | $1,701 | $2,384 | $2,592 | +2.7% |
| FY 2026 | $1,186 | $1,311 | $1,720 | $2,392 | $2,599 | +1.1% |
| FY 2027 | $1,162 | $1,275 | $1,668 | $2,310 | $2,578 | -3.0% |
Nearby counties
Island County
$1,67131 mi · pop 86,510
Whatcom County
$1,79431 mi · pop 226,523
Snohomish County
$2,50137 mi · pop 828,337
San Juan County
$1,76239 mi · pop 18,001
Jefferson County
$1,36748 mi · pop 33,006
Kitsap County
$2,03162 mi · pop 275,411
King County
$2,50163 mi · pop 2,254,371
Mason County
$1,35488 mi · pop 66,053
Questions people ask
$1,720 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $1,186 for a studio, $1,311 for one bedroom, $2,392 for three and $2,599 for four.
Tools for this county
Fair Market Rent lookup
Look up any ZIP code's Small Area FMR by bedroom count.
Section 8 rent calculator
Work out the payment standard and tenant share for a specific rent.
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords.
Rent affordability calculator
See what income a household needs for a given rent.
What does a rental in Skagit actually go for?
HUD's number is one input. Search any address in Skagit for a rent estimate built from nearby comps. 3 free searches, no card.
Free tier. No credit card.