FY2027 Small Area FMR · Waterville, WA
ZIP 98858 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 98858 (Waterville, WA) is $1,740 a month, up 0.6% from FY2026. That is 19% above the Wenatchee-East Wenatchee, WA area-wide FMR of $1,467.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 98858 sits in the Wenatchee-East Wenatchee, WA area
Of the 28 ZIP codes HUD lists for the area, 98858 has the 4th highest two-bedroom Small Area FMR. Wenatchee-East Wenatchee, 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 $1,467 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,740 for this ZIP code instead.
ZIP code 98858 crosses more than one HUD area. HUD also lists it under Grant County, WA (same figures). The figure that applies depends on which side of the line the home is.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $1,240 | $1,116 – $1,364 | $1,048 | $1,190 |
| 1 bedroom | $1,330 | $1,197 – $1,463 | $1,121 | $1,320 |
| 2 bedrooms | $1,740 | $1,566 – $1,914 | $1,467 | $1,730 |
| 3 bedrooms | $2,360 | $2,124 – $2,596 | $1,989 | $2,380 |
| 4 bedrooms | $2,910 | $2,619 – $3,201 | $2,452 | $2,900 |
A household renting a two-bedroom home at the Small Area FMR of $1,740 needs about $69,600 a year to keep housing costs at 30% of income. The area median family income is $99,100 and the 80% low-income limit for four people is $79,300. ZIP code 98858 lies mainly in Douglas County. See the Wenatchee-East Wenatchee, WA metro page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 98858?
HUD's FY2027 Small Area Fair Market Rents for 98858 are $1,240 (studio), $1,330 (1 BR), $1,740 (2 BR), $2,360 (3 BR) and $2,910 (4 BR) a month.
What is the Section 8 payment standard in 98858?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 98858 that range is $1,566 to $1,914 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 98858?
The FY2026 income limits of the Wenatchee-East Wenatchee, WA area apply: median family income $99,100, low-income (80%) limit $79,300 for a family of four.