FY2027 Small Area FMR · Mount Vernon, WA

ZIP 98273 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 98273 (Mount Vernon, WA) is $1,550 a month, up 0.6% from FY2026. That is 7% below the Mount Vernon-Anacortes, WA area-wide FMR of $1,668.

2-bedroom SAFMR$1,550per month ▲ 0.6%

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

Rank in the area13thof 17 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,395

2 BR Small Area FMR$1,550

110% of SAFMR$1,705

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

Studio$1,070▲ 1.9%

1 BR$1,180▲ 0.9%

2 BR$1,550▲ 0.6%

3 BR$2,160▲ 0.5%

4 BR$2,340■ 0.0%

FY2027 FY2026

Where 98273 sits in the Mount Vernon-Anacortes, WA area

Of the 17 ZIP codes HUD lists for the area, 98273 has the 13th 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 $1,550 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	$1,070	$963 – $1,177	$1,162	$1,050
1 bedroom	$1,180	$1,062 – $1,298	$1,275	$1,170
2 bedrooms	$1,550	$1,395 – $1,705	$1,668	$1,540
3 bedrooms	$2,160	$1,944 – $2,376	$2,310	$2,150
4 bedrooms	$2,340	$2,106 – $2,574	$2,578	$2,340

A household renting a two-bedroom home at the Small Area FMR of $1,550 needs about $62,000 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 98273 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
98238	Conway	4.9 mi	$1,550
98257	La Conner	6.2 mi	$1,550
98233	Burlington	6.9 mi	$1,770
98235	Clearlake	7.7 mi	$1,550
98274	Mount Vernon	11.2 mi	$1,930
98232	Bow	11.3 mi	$1,950

Questions

What is the Fair Market Rent for ZIP code 98273?

HUD's FY2027 Small Area Fair Market Rents for 98273 are $1,070 (studio), $1,180 (1 BR), $1,550 (2 BR), $2,160 (3 BR) and $2,340 (4 BR) a month.

What is the Section 8 payment standard in 98273?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 98273 that range is $1,395 to $1,705 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 98273?

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.