FY2027 Small Area FMR · Keyport, WA

ZIP 98345 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 98345 (Keyport, WA) is $2,370 a month, up 17.9% from FY2026. That is 20% above the Bremerton-Silverdale-Port Orchard, WA area-wide FMR of $1,967.

2-bedroom SAFMR$2,370per month ▲ 17.9%

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

Rank in the area6thof 27 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,133

2 BR Small Area FMR$2,370

110% of SAFMR$2,607

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

Studio$1,650▲ 19.6%

1 BR$1,850▲ 20.9%

2 BR$2,370▲ 17.9%

3 BR$3,180▲ 21.4%

4 BR$3,380▲ 11.9%

FY2027 FY2026

Where 98345 sits in the Bremerton-Silverdale-Port Orchard, WA area

Of the 27 ZIP codes HUD lists for the area, 98345 has the 6th 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 $2,370 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	$1,650	$1,485 – $1,815	$1,370	$1,380
1 bedroom	$1,850	$1,665 – $2,035	$1,535	$1,530
2 bedrooms	$2,370	$2,133 – $2,607	$1,967	$2,010
3 bedrooms	$3,180	$2,862 – $3,498	$2,637	$2,620
4 bedrooms	$3,380	$3,042 – $3,718	$2,804	$3,020

A household renting a two-bedroom home at the Small Area FMR of $2,370 needs about $94,800 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 98345 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
98392	Suquamish	3.7 mi	$1,830
98370	Poulsbo	3.8 mi	$2,040
98315	Silverdale	4.6 mi	$2,540
98311	Bremerton	4.7 mi	$2,030
98383	Silverdale	5.0 mi	$2,300
98110	Bainbridge Island	5.5 mi	$2,380

Questions

What is the Fair Market Rent for ZIP code 98345?

HUD's FY2027 Small Area Fair Market Rents for 98345 are $1,650 (studio), $1,850 (1 BR), $2,370 (2 BR), $3,180 (3 BR) and $3,380 (4 BR) a month.

What is the Section 8 payment standard in 98345?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 98345 that range is $2,133 to $2,607 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 98345?

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.