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Rent by ZIP · Pierce County

Rent in Milton, WA 98354

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,440 (+7.5% vs FY2026). Renters in this ZIP code pay a median $2,221 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,820$1,800+1.1%$1,638–2,002–
1 bedroom$2,010$1,870+7.5%$1,809–2,211$1,568 ±$239
2 bedrooms$2,440$2,270+7.5%$2,196–2,684$2,136 ±$119
3 bedrooms$3,320$3,110+6.8%$2,988–3,652$2,730 ±$134
4 bedrooms$3,800$3,550+7%$3,420–4,180–

Small Area FMRs for the Tacoma, WA HUD Metro FMR Area. This ZIP code is in more than one HUD area; figures are for the main one. 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 Tacoma, WA HUD Metro FMR Area, 2 bedrooms: $2,064.

What renters pay in 98354

Median gross rent$2,221±$118 · all sizes
Renter households1,41144% of occupied homes
No cash rent0households

How rents are spread

Under $1,0002%
$1,000–1,49913%
$1,500–1,99921%
$2,000–2,49933%
$2,500–2,99922%
$3,000–3,4994%
$3,500+6%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
98355Mineral$1,440–
98356Morton$1,440$1,571
98351Longbranch$1,940–
98357Neah Bay$1,140$731
98350La Push$1,140–
98358Nordland$1,920–

Fair Market Rents across Pierce 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.