FY2027 Small Area FMR · Carbonado, WA

ZIP 98323 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 98323 (Carbonado, WA) is $1,880 a month, up 1.1% from FY2026. That is 9% below the Tacoma, WA area-wide FMR of $2,064.

2-bedroom SAFMR$1,880per month ▲ 1.1%

Area-wide 2 BR FMR$2,064Tacoma, WA

Rank in the area62ndof 75 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,692

2 BR Small Area FMR$1,880

110% of SAFMR$2,068

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

Studio$1,360▲ 1.5%

1 BR$1,530▲ 1.3%

2 BR$1,880▲ 1.1%

3 BR$2,590▼ 0.4%

4 BR$2,930▼ 1.3%

FY2027 FY2026

Where 98323 sits in the Tacoma, WA area

Of the 75 ZIP codes HUD lists for the area, 98323 has the 62nd highest two-bedroom Small Area FMR. Tacoma, 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 $2,064 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,880 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	$1,360	$1,224 – $1,496	$1,491	$1,340
1 bedroom	$1,530	$1,377 – $1,683	$1,682	$1,510
2 bedrooms	$1,880	$1,692 – $2,068	$2,064	$1,860
3 bedrooms	$2,590	$2,331 – $2,849	$2,849	$2,600
4 bedrooms	$2,930	$2,637 – $3,223	$3,219	$2,970

A household renting a two-bedroom home at the Small Area FMR of $1,880 needs about $75,200 a year to keep housing costs at 30% of income. The area median family income is $127,300 and the 80% low-income limit for four people is $101,850. ZIP code 98323 lies mainly in Pierce County. See the Tacoma, WA county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
98396	Wilkeson	6.4 mi	$1,780
98321	Buckley	11.5 mi	$2,090
98385	South Prairie	11.5 mi	$2,190
98360	Orting	12.1 mi	$2,670
98022	Enumclaw	12.5 mi	$2,130
98304	Ashford	12.9 mi	$1,780

Questions

What is the Fair Market Rent for ZIP code 98323?

HUD's FY2027 Small Area Fair Market Rents for 98323 are $1,360 (studio), $1,530 (1 BR), $1,880 (2 BR), $2,590 (3 BR) and $2,930 (4 BR) a month.

What is the Section 8 payment standard in 98323?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 98323 that range is $1,692 to $2,068 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 98323?

The FY2026 income limits of the Tacoma, WA area apply: median family income $127,300, low-income (80%) limit $101,850 for a family of four.