Rent by ZIP · King County
Rent in Seattle, WA 98116
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,520 (-3.1% vs FY2026). Renters in this ZIP code pay a median $2,075 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $2,070 | $2,160 | -4.2% | $1,863–2,277 | $1,781 ±$87 |
| 1 bedroom | $2,150 | $2,230 | -3.6% | $1,935–2,365 | $1,847 ±$148 |
| 2 bedrooms | $2,520 | $2,600 | -3.1% | $2,268–2,772 | $2,375 ±$100 |
| 3 bedrooms | $3,290 | $3,400 | -3.2% | $2,961–3,619 | $3,271 ±$784 |
| 4 bedrooms | $3,910 | $4,000 | -2.3% | $3,519–4,301 | $3,269 ±$940 |
Small Area FMRs for the Seattle-Bellevue, WA HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Seattle-Bellevue, WA HUD Metro FMR Area, 2 bedrooms: $2,549.
What renters pay in 98116
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 98115 | Seattle | $2,950 | $2,371 |
| 98117 | Seattle | $2,780 | $2,427 |
| 98118 | Seattle | $2,430 | $1,854 |
| 98119 | Seattle | $2,740 | $2,673 |
| 98112 | Seattle | $2,640 | $2,517 |
| 98121 | Seattle | $3,630 | $3,500+ |
Fair Market Rents across King County, WA · All WA counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.