FY2027 Small Area FMR · Silverdale, WA

ZIP 98315 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 98315 (Silverdale, WA) is $2,540 a month, down 3.4% from FY2026. That is 29% above the Bremerton-Silverdale-Port Orchard, WA area-wide FMR of $1,967.

2-bedroom SAFMR$2,540per month ▼ 3.4%

Area-wide 2 BR FMR$1,967Bremerton-Silverdale-Port Or

Rank in the area4thof 27 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,286

2 BR Small Area FMR$2,540

110% of SAFMR$2,794

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

Studio$1,770▼ 2.2%

1 BR$1,980▼ 1.0%

2 BR$2,540▼ 3.4%

3 BR$3,410▼ 1.4%

4 BR$3,620▼ 5.0%

FY2027 FY2026

Where 98315 sits in the Bremerton-Silverdale-Port Orchard, WA area

Of the 27 ZIP codes HUD lists for the area, 98315 has the 4th highest two-bedroom Small Area FMR. Bremerton-Silverdale-Port Orchard, 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 $1,967 for two bedrooms; an agency that opts in to Small Area FMRs would use $2,540 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	$1,770	$1,593 – $1,947	$1,370	$1,810
1 bedroom	$1,980	$1,782 – $2,178	$1,535	$2,000
2 bedrooms	$2,540	$2,286 – $2,794	$1,967	$2,630
3 bedrooms	$3,410	$3,069 – $3,751	$2,637	$3,460
4 bedrooms	$3,620	$3,258 – $3,982	$2,804	$3,810

A household renting a two-bedroom home at the Small Area FMR of $2,540 needs about $101,600 a year to keep housing costs at 30% of income. The area median family income is $129,600 and the 80% low-income limit for four people is $103,700. ZIP code 98315 lies mainly in Kitsap County. See the Bremerton-Silverdale-Port Orchard, WA county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
98383	Silverdale	4.1 mi	$2,300
98345	Keyport	4.6 mi	$2,370
98370	Poulsbo	4.6 mi	$2,040
98392	Suquamish	7.2 mi	$1,830
98311	Bremerton	7.6 mi	$2,030
98342	Indianola	9.7 mi	$1,830

Questions

What is the Fair Market Rent for ZIP code 98315?

HUD's FY2027 Small Area Fair Market Rents for 98315 are $1,770 (studio), $1,980 (1 BR), $2,540 (2 BR), $3,410 (3 BR) and $3,620 (4 BR) a month.

What is the Section 8 payment standard in 98315?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 98315 that range is $2,286 to $2,794 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 98315?

The FY2026 income limits of the Bremerton-Silverdale-Port Orchard, WA area apply: median family income $129,600, low-income (80%) limit $103,700 for a family of four.