FY2027 Small Area FMR · Colbert, WA

ZIP 99005 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 99005 (Colbert, WA) is $1,580 a month, down 7.6% from FY2026. That is 6% above the Spokane, WA area-wide FMR of $1,494.

2-bedroom SAFMR$1,580per month ▼ 7.6%

Area-wide 2 BR FMR$1,494Spokane, WA

Rank in the area8thof 57 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,422

2 BR Small Area FMR$1,580

110% of SAFMR$1,738

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

Studio$1,180■ 0.0%

1 BR$1,240▼ 6.8%

2 BR$1,580▼ 7.6%

3 BR$2,170▼ 7.7%

4 BR$2,640▼ 4.3%

FY2027 FY2026

Where 99005 sits in the Spokane, WA area

Of the 57 ZIP codes HUD lists for the area, 99005 has the 8th highest two-bedroom Small Area FMR. Spokane, 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 $1,494 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,580 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	$1,180	$1,062 – $1,298	$1,116	$1,180
1 bedroom	$1,240	$1,116 – $1,364	$1,173	$1,330
2 bedrooms	$1,580	$1,422 – $1,738	$1,494	$1,710
3 bedrooms	$2,170	$1,953 – $2,387	$2,047	$2,350
4 bedrooms	$2,640	$2,376 – $2,904	$2,497	$2,760

A household renting a two-bedroom home at the Small Area FMR of $1,580 needs about $63,200 a year to keep housing costs at 30% of income. The area median family income is $110,500 and the 80% low-income limit for four people is $88,400. ZIP code 99005 lies mainly in Spokane County. See the Spokane, WA county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
99208	Spokane	5.7 mi	$1,570
99218	Spokane	6.2 mi	$1,380
99003	Chattaroy	6.3 mi	$1,410
99021	Mead	8.2 mi	$1,600
99217	Spokane	8.6 mi	$1,580
99207	Spokane	10.8 mi	$1,430

Questions

What is the Fair Market Rent for ZIP code 99005?

HUD's FY2027 Small Area Fair Market Rents for 99005 are $1,180 (studio), $1,240 (1 BR), $1,580 (2 BR), $2,170 (3 BR) and $2,640 (4 BR) a month.

What is the Section 8 payment standard in 99005?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 99005 that range is $1,422 to $1,738 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 99005?

The FY2026 income limits of the Spokane, WA area apply: median family income $110,500, low-income (80%) limit $88,400 for a family of four.