FY2027 Small Area FMR · Olalla, WA

ZIP 98359 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 98359 (Olalla, WA) is $1,830 a month, down 1.6% from FY2026. That is 7% below the Bremerton-Silverdale-Port Orchard, WA area-wide FMR of $1,967.

2-bedroom SAFMR$1,830per month ▼ 1.6%

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

Rank in the area22ndof 27 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,647

2 BR Small Area FMR$1,830

110% of SAFMR$2,013

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

Studio$1,260▼ 6.0%

1 BR$1,400▼ 7.3%

2 BR$1,830▼ 1.6%

3 BR$2,410▼ 7.3%

4 BR$2,680▼ 9.8%

FY2027 FY2026

Where 98359 sits in the Bremerton-Silverdale-Port Orchard, WA area

Of the 27 ZIP codes HUD lists for the area, 98359 has the 22nd 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 $1,830 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	$1,260	$1,134 – $1,386	$1,370	$1,340
1 bedroom	$1,400	$1,260 – $1,540	$1,535	$1,510
2 bedrooms	$1,830	$1,647 – $2,013	$1,967	$1,860
3 bedrooms	$2,410	$2,169 – $2,651	$2,637	$2,600
4 bedrooms	$2,680	$2,412 – $2,948	$2,804	$2,970

A household renting a two-bedroom home at the Small Area FMR of $1,830 needs about $73,200 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 98359 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
98332	Gig Harbor	4.2 mi	$2,770
98070	Vashon	5.0 mi	$1,950
98367	Port Orchard	6.1 mi	$2,020
98366	Port Orchard	7.6 mi	$1,900
98353	Manchester	8.4 mi	$1,970
98329	Gig Harbor	9.3 mi	$2,130

Questions

What is the Fair Market Rent for ZIP code 98359?

HUD's FY2027 Small Area Fair Market Rents for 98359 are $1,260 (studio), $1,400 (1 BR), $1,830 (2 BR), $2,410 (3 BR) and $2,680 (4 BR) a month.

What is the Section 8 payment standard in 98359?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 98359 that range is $1,647 to $2,013 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 98359?

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.