FY2027 Small Area FMR · Burlington, WA

ZIP 98233 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 98233 (Burlington, WA) is $1,770 a month, down 2.2% from FY2026. That is 6% above the Mount Vernon-Anacortes, WA area-wide FMR of $1,668.

2-bedroom SAFMR$1,770per month ▼ 2.2%

Area-wide 2 BR FMR$1,668Mount Vernon-Anacortes, WA

Rank in the area7thof 17 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,593

2 BR Small Area FMR$1,770

110% of SAFMR$1,947

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$1,230▼ 1.6%

1 BR$1,350▼ 2.2%

2 BR$1,770▼ 2.2%

3 BR$2,450▼ 2.8%

4 BR$2,740■ 0.0%

FY2027 FY2026

Where 98233 sits in the Mount Vernon-Anacortes, WA area

Of the 17 ZIP codes HUD lists for the area, 98233 has the 7th highest two-bedroom Small Area FMR. Mount Vernon-Anacortes, WA is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,668 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,770 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,230	$1,107 – $1,353	$1,162	$1,250
1 bedroom	$1,350	$1,215 – $1,485	$1,275	$1,380
2 bedrooms	$1,770	$1,593 – $1,947	$1,668	$1,810
3 bedrooms	$2,450	$2,205 – $2,695	$2,310	$2,520
4 bedrooms	$2,740	$2,466 – $3,014	$2,578	$2,740

A household renting a two-bedroom home at the Small Area FMR of $1,770 needs about $70,800 a year to keep housing costs at 30% of income. The area median family income is $120,200 and the 80% low-income limit for four people is $96,150. ZIP code 98233 lies mainly in Skagit County. See the Mount Vernon-Anacortes, WA county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
98232	Bow	5.3 mi	$1,950
98235	Clearlake	5.8 mi	$1,550
98273	Mount Vernon	6.9 mi	$1,550
98257	La Conner	10.1 mi	$1,550
98284	Sedro Woolley	10.1 mi	$1,700
98238	Conway	11.4 mi	$1,550

Questions

What is the Fair Market Rent for ZIP code 98233?

HUD's FY2027 Small Area Fair Market Rents for 98233 are $1,230 (studio), $1,350 (1 BR), $1,770 (2 BR), $2,450 (3 BR) and $2,740 (4 BR) a month.

What is the Section 8 payment standard in 98233?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 98233 that range is $1,593 to $1,947 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 98233?

The FY2026 income limits of the Mount Vernon-Anacortes, WA area apply: median family income $120,200, low-income (80%) limit $96,150 for a family of four.