FY2027 Small Area FMR · Vancouver, WA

ZIP 98686 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 98686 (Vancouver, WA) is $2,040 a month, down 1.9% from FY2026. That is 9% above the Portland-Vancouver-Hillsboro, OR-WA area-wide FMR of $1,878.

2-bedroom SAFMR$2,040per month ▼ 1.9%

Area-wide 2 BR FMR$1,878Portland-Vancouver-Hillsboro

Rank in the area26thof 165 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,836

2 BR Small Area FMR$2,040

110% of SAFMR$2,244

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

Studio$1,660▼ 2.4%

1 BR$1,770▼ 2.7%

2 BR$2,040▼ 1.9%

3 BR$2,770▼ 2.1%

4 BR$3,330▼ 0.9%

FY2027 FY2026

Where 98686 sits in the Portland-Vancouver-Hillsboro, OR-WA area

Of the 165 ZIP codes HUD lists for the area, 98686 has the 26th highest two-bedroom Small Area FMR. Portland-Vancouver-Hillsboro, OR-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 $1,878 for two bedrooms; an agency that opts in to Small Area FMRs would use $2,040 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	$1,660	$1,494 – $1,826	$1,527	$1,700
1 bedroom	$1,770	$1,593 – $1,947	$1,633	$1,820
2 bedrooms	$2,040	$1,836 – $2,244	$1,878	$2,080
3 bedrooms	$2,770	$2,493 – $3,047	$2,550	$2,830
4 bedrooms	$3,330	$2,997 – $3,663	$3,069	$3,360

A household renting a two-bedroom home at the Small Area FMR of $2,040 needs about $81,600 a year to keep housing costs at 30% of income. The area median family income is $128,300 and the 80% low-income limit for four people is $102,650. ZIP code 98686 lies mainly in Clark County. See the Portland-Vancouver-Hillsboro, OR-WA metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
98662	Vancouver	3.3 mi	$1,920
98685	Vancouver	3.4 mi	$2,010
98665	Vancouver	3.5 mi	$1,920
98663	Vancouver	4.9 mi	$1,780
98660	Vancouver	5.5 mi	$1,730
98661	Vancouver	5.8 mi	$1,730

Questions

What is the Fair Market Rent for ZIP code 98686?

HUD's FY2027 Small Area Fair Market Rents for 98686 are $1,660 (studio), $1,770 (1 BR), $2,040 (2 BR), $2,770 (3 BR) and $3,330 (4 BR) a month.

What is the Section 8 payment standard in 98686?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 98686 that range is $1,836 to $2,244 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 98686?

The FY2026 income limits of the Portland-Vancouver-Hillsboro, OR-WA area apply: median family income $128,300, low-income (80%) limit $102,650 for a family of four.