FY2027 Small Area FMR · Shaw Island, WA

ZIP 98286 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 98286 (Shaw Island, WA) is $2,000 a month, up 11.7% from FY2026. That is 1% below the San Juan County, WA area-wide FMR of $2,022.

2-bedroom SAFMR$2,000per month ▲ 11.7%

Area-wide 2 BR FMR$2,022San Juan County, WA

Rank in the area6thof 10 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,800

2 BR Small Area FMR$2,000

110% of SAFMR$2,200

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

Studio$1,400▲ 12.9%

1 BR$1,530▲ 11.7%

2 BR$2,000▲ 11.7%

3 BR$2,630▲ 11.0%

4 BR$2,630▲ 10.5%

FY2027 FY2026

Where 98286 sits in the San Juan County, WA area

Of the 10 ZIP codes HUD lists for the area, 98286 has the 6th highest two-bedroom Small Area FMR. San Juan County, 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 $2,022 for two bedrooms; an agency that opts in to Small Area FMRs would use $2,000 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	$1,400	$1,260 – $1,540	$1,408	$1,240
1 bedroom	$1,530	$1,377 – $1,683	$1,546	$1,370
2 bedrooms	$2,000	$1,800 – $2,200	$2,022	$1,790
3 bedrooms	$2,630	$2,367 – $2,893	$2,647	$2,370
4 bedrooms	$2,630	$2,367 – $2,893	$2,657	$2,380

A household renting a two-bedroom home at the Small Area FMR of $2,000 needs about $80,000 a year to keep housing costs at 30% of income. The area median family income is $113,100 and the 80% low-income limit for four people is $90,500. ZIP code 98286 lies mainly in San Juan County. See the San Juan County, WA county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
98280	Orcas	3.5 mi	$2,380
98243	Deer Harbor	4.0 mi	$1,810
98245	Eastsound	5.9 mi	$1,820
98222	Blakely Island	6.4 mi	$2,050
98261	Lopez Island	6.8 mi	$1,670
98250	Friday Harbor	7.1 mi	$2,120

Questions

What is the Fair Market Rent for ZIP code 98286?

HUD's FY2027 Small Area Fair Market Rents for 98286 are $1,400 (studio), $1,530 (1 BR), $2,000 (2 BR), $2,630 (3 BR) and $2,630 (4 BR) a month.

What is the Section 8 payment standard in 98286?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 98286 that range is $1,800 to $2,200 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 98286?

The FY2026 income limits of the San Juan County, WA area apply: median family income $113,100, low-income (80%) limit $90,500 for a family of four.