FY2027 Small Area FMR · Sedro Woolley, WA
ZIP 98284 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 98284 (Sedro Woolley, WA) is $1,700 a month, down 4.0% from FY2026. That is 9% below the Bellingham, WA area-wide FMR of $1,872.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 98284 sits in the Bellingham, WA area
Of the 21 ZIP codes HUD lists for the area, 98284 has the 14th highest two-bedroom Small Area FMR. Bellingham, 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 $1,872 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,700 for this ZIP code instead.
ZIP code 98284 crosses more than one HUD area. HUD also lists it under Mount Vernon-Anacortes, WA (same figures). The figure that applies depends on which side of the line the home is.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $1,320 | $1,188 – $1,452 | $1,489 | $1,240 |
| 1 bedroom | $1,350 | $1,215 – $1,485 | $1,529 | $1,360 |
| 2 bedrooms | $1,700 | $1,530 – $1,870 | $1,872 | $1,770 |
| 3 bedrooms | $2,350 | $2,115 – $2,585 | $2,545 | $2,460 |
| 4 bedrooms | $2,710 | $2,439 – $2,981 | $3,129 | $2,700 |
A household renting a two-bedroom home at the Small Area FMR of $1,700 needs about $68,000 a year to keep housing costs at 30% of income. The area median family income is $123,300 and the 80% low-income limit for four people is $95,350. ZIP code 98284 lies mainly in Skagit County and Whatcom County. See the Bellingham, WA county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 98284?
HUD's FY2027 Small Area Fair Market Rents for 98284 are $1,320 (studio), $1,350 (1 BR), $1,700 (2 BR), $2,350 (3 BR) and $2,710 (4 BR) a month.
What is the Section 8 payment standard in 98284?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 98284 that range is $1,530 to $1,870 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 98284?
The FY2026 income limits of the Bellingham, WA area apply: median family income $123,300, low-income (80%) limit $95,350 for a family of four.