FY2027 Small Area FMR · Parker, WA

ZIP 98939 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 98939 (Parker, WA) is $1,240 a month, up 2.5% from FY2026. That is 6% below the Yakima, WA area-wide FMR of $1,313.

2-bedroom SAFMR$1,240per month ▲ 2.5%

Area-wide 2 BR FMR$1,313Yakima, WA

Rank in the area22ndof 25 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,116

2 BR Small Area FMR$1,240

110% of SAFMR$1,364

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

Studio$940▲ 2.2%

1 BR$950▲ 3.3%

2 BR$1,240▲ 2.5%

3 BR$1,720▲ 1.8%

4 BR$1,890▲ 2.7%

FY2027 FY2026

Where 98939 sits in the Yakima, WA area

Of the 25 ZIP codes HUD lists for the area, 98939 has the 22nd highest two-bedroom Small Area FMR. Yakima, 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 $1,313 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,240 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	$940	$846 – $1,034	$997	$920
1 bedroom	$950	$855 – $1,045	$1,004	$920
2 bedrooms	$1,240	$1,116 – $1,364	$1,313	$1,210
3 bedrooms	$1,720	$1,548 – $1,892	$1,818	$1,690
4 bedrooms	$1,890	$1,701 – $2,079	$2,049	$1,840

A household renting a two-bedroom home at the Small Area FMR of $1,240 needs about $49,600 a year to keep housing costs at 30% of income. The area median family income is $88,600 and the 80% low-income limit for four people is $77,600. ZIP code 98939 lies mainly in Yakima County. See the Yakima, WA county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
98951	Wapato	3.6 mi	$1,240
98902	Yakima	7.6 mi	$1,360
98921	Buena	8.3 mi	$1,380
98933	Harrah	10.2 mi	$1,310
98953	Zillah	12.0 mi	$1,380
98908	Yakima	14.7 mi	$1,510

Questions

What is the Fair Market Rent for ZIP code 98939?

HUD's FY2027 Small Area Fair Market Rents for 98939 are $940 (studio), $950 (1 BR), $1,240 (2 BR), $1,720 (3 BR) and $1,890 (4 BR) a month.

What is the Section 8 payment standard in 98939?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 98939 that range is $1,116 to $1,364 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 98939?

The FY2026 income limits of the Yakima, WA area apply: median family income $88,600, low-income (80%) limit $77,600 for a family of four.