HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Skagit County, Washington (FY 2027)
$1,668 a month. That's HUD's FY 2027 Fair Market Rent for a two-bedroom in Skagit County, and it's the baseline every voucher in Skagit is measured against.
Two-bedroom FMR
$1,668
-3.0% from FY 2026
Payment standard
$1,501–$1,835
90% to 110% of the FMR, two-bedroom
Income to afford
$66,720
a year, with rent at 30% of income
Rank in Washington
11th of 39
by two-bedroom FMR, highest first
FY 2027 Fair Market Rents
Payment standard is the 90% to 110% band a housing authority can set. Income needed puts rent at 30% of gross income, and the hourly wage assumes a 40-hour week.
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2026 |
|---|---|---|---|---|---|
| Studio | $1,162 | $1,046–$1,278 | $46,480 | $22.35/hr | -2.0% |
| 1 bedroom | $1,275 | $1,148–$1,403 | $51,000 | $24.52/hr | -2.7% |
| 2 bedroom | $1,668 | $1,501–$1,835 | $66,720 | $32.08/hr | -3.0% |
| 3 bedroom | $2,310 | $2,079–$2,541 | $92,400 | $44.42/hr | -3.4% |
| 4 bedroom | $2,578 | $2,320–$2,836 | $103,120 | $49.58/hr | -0.8% |
Five to eight 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 | $2,965 | $2,669–$3,262 |
| 6 bedroom Estimate | $3,351 | $3,016–$3,686 |
| 7 bedroom Estimate | $3,738 | $3,364–$4,112 |
| 8 bedroom Estimate | $4,125 | $3,713–$4,538 |
Source: HUD Office of Policy Development and Research, FY 2027 Fair Market Rents. Rents include utilities. huduser.gov
Market check
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.
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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 $1,501 and $1,835. 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.
$1,668 a month is affordable, by HUD's 30% rule, on an income of roughly $66,720 a year. Put another way, $32 an hour full time.
Worked example for a two-bedroom renting at the payment standard. The tenant pays 30% of monthly income and the voucher covers the rest.
| Monthly household income | Tenant pays (30%) | Voucher pays at 90%$1,501 | Voucher pays at 100%$1,668 | Voucher pays at 110%$1,835 |
|---|---|---|---|---|
| $2,500 | $750 | $751 | $918 | $1,085 |
| $4,000 | $1,200 | $301 | $468 | $635 |
Rate history
The two-bedroom rate went down 3% from FY 2026 ($1,720) to FY 2027 ($1,668). Since FY 2020 it's up 38% in total, about 4.7% a year. The Washington median moved up 7% over the same year.
| Fiscal 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 2027In effect | $1,162 | $1,275 | $1,668 | $2,310 | $2,578 | -3.0% |
About this rate
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 2027 that's October 1, 2026 through September 30, 2027. In Skagit, that runs from $1,162 for a studio up to $2,578 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 11th for two-bedroom FMR. That's about 14% above the state median of $1,467 and about 57% above the national median county at $1,063. About 131,328 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 $1,550 in 98235 (Clearlake) and $1,950 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 | $1,940 | +16.3% |
| 98232 | Bow | $1,950 | +16.9% |
| 98233 | Burlington | $1,770 | +6.1% |
| 98235 | Clearlake | $1,550 | -7.1% |
| 98237 | Concrete | $1,620 | -2.9% |
| 98238 | Conway | $1,550 | -7.1% |
| 98255 | Hamilton | $1,700 | +1.9% |
| 98257 | La Conner | $1,550 | -7.1% |
| 98263 | Lyman | $1,700 | +1.9% |
| 98267 | Marblemount | $1,550 | -7.1% |
| 98273 | Mount Vernon | $1,550 | -7.1% |
| 98274 | Mount Vernon | $1,930 | +15.7% |
| 98283 | Rockport | $1,620 | -2.9% |
| 98284 | Sedro Woolley | $1,700 | +1.9% |
Nearby counties
Two-bedroom FMR, with how each compares to Skagit.
Island County
31 mi · 86,836 people
$1,824
+9%
Whatcom County
31 mi · 230,503 people
$1,872
+12%
Snohomish County
37 mi · 844,430 people
$2,549
+53%
San Juan County
39 mi · 18,478 people
$2,022
+21%
Jefferson County
48 mi · 33,577 people
$1,588
-5%
Kitsap County
62 mi · 277,881 people
$1,967
+18%
King County
63 mi · 2,287,171 people
$2,549
+53%
Mason County
88 mi · 67,982 people
$1,572
-6%
Questions people ask
$1,668 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $1,162 for a studio, $1,275 for one bedroom, $2,310 for three and $2,578 for four.
Tools for this county
Fair Market Rent lookup
Any ZIP code's Small Area FMR by bedroom count
Section 8 rent calculator
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
The 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. Free to start, no card.
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