FY2027 Small Area FMR · Olympia, WA

ZIP 98513 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 98513 (Olympia, WA) is $2,200 a month, down 2.2% from FY2026. That is 13% above the Olympia-Lacey-Tumwater, WA area-wide FMR of $1,946.

2-bedroom SAFMR$2,200per month ▼ 2.2%

Area-wide 2 BR FMR$1,946Olympia-Lacey-Tumwater, WA

Rank in the area2ndof 21 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,980

2 BR Small Area FMR$2,200

110% of SAFMR$2,420

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

Studio$1,790▲ 1.1%

1 BR$1,870▼ 3.1%

2 BR$2,200▼ 2.2%

3 BR$2,870▼ 4.3%

4 BR$3,550▼ 5.8%

FY2027 FY2026

Where 98513 sits in the Olympia-Lacey-Tumwater, WA area

Of the 21 ZIP codes HUD lists for the area, 98513 has the 2nd highest two-bedroom Small Area FMR. Olympia-Lacey-Tumwater, 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 $1,946 for two bedrooms; an agency that opts in to Small Area FMRs would use $2,200 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	$1,790	$1,611 – $1,969	$1,586	$1,770
1 bedroom	$1,870	$1,683 – $2,057	$1,656	$1,930
2 bedrooms	$2,200	$1,980 – $2,420	$1,946	$2,250
3 bedrooms	$2,870	$2,583 – $3,157	$2,541	$3,000
4 bedrooms	$3,550	$3,195 – $3,905	$3,141	$3,770

A household renting a two-bedroom home at the Small Area FMR of $2,200 needs about $88,000 a year to keep housing costs at 30% of income. The area median family income is $122,800 and the 80% low-income limit for four people is $98,250. ZIP code 98513 lies mainly in Thurston County. See the Olympia-Lacey-Tumwater, WA county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
98503	Lacey	4.3 mi	$1,960
98501	Olympia	6.7 mi	$1,930
98558	Mckenna	8.8 mi	$2,080
98327	Dupont	9.6 mi	$2,630
98516	Olympia	9.6 mi	$2,280
98580	Roy	10.1 mi	$2,140

Questions

What is the Fair Market Rent for ZIP code 98513?

HUD's FY2027 Small Area Fair Market Rents for 98513 are $1,790 (studio), $1,870 (1 BR), $2,200 (2 BR), $2,870 (3 BR) and $3,550 (4 BR) a month.

What is the Section 8 payment standard in 98513?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 98513 that range is $1,980 to $2,420 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 98513?

The FY2026 income limits of the Olympia-Lacey-Tumwater, WA area apply: median family income $122,800, low-income (80%) limit $98,250 for a family of four.