FY2027 Small Area FMR · Spokane, WA

ZIP 99203 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 99203 (Spokane, WA) is $1,440 a month, down 7.7% from FY2026. That is 4% below the Spokane, WA area-wide FMR of $1,494.

2-bedroom SAFMR$1,440per month ▼ 7.7%

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

Rank in the area27thof 57 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,296

2 BR Small Area FMR$1,440

110% of SAFMR$1,584

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

Studio$1,080▼ 3.6%

1 BR$1,130▼ 7.4%

2 BR$1,440▼ 7.7%

3 BR$1,970▼ 7.5%

4 BR$2,410▼ 5.5%

FY2027 FY2026

Where 99203 sits in the Spokane, WA area

Of the 57 ZIP codes HUD lists for the area, 99203 has the 27th 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 $1,440 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	$1,080	$972 – $1,188	$1,116	$1,120
1 bedroom	$1,130	$1,017 – $1,243	$1,173	$1,220
2 bedrooms	$1,440	$1,296 – $1,584	$1,494	$1,560
3 bedrooms	$1,970	$1,773 – $2,167	$2,047	$2,130
4 bedrooms	$2,410	$2,169 – $2,651	$2,497	$2,550

A household renting a two-bedroom home at the Small Area FMR of $1,440 needs about $57,600 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 99203 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
99204	Spokane	1.6 mi	$1,380
99251	Spokane	2.2 mi	$1,380
99258	Spokane	2.2 mi	$1,380
99202	Spokane	2.3 mi	$1,380
99201	Spokane	2.8 mi	$1,380
99223	Spokane	3.8 mi	$1,570

Questions

What is the Fair Market Rent for ZIP code 99203?

HUD's FY2027 Small Area Fair Market Rents for 99203 are $1,080 (studio), $1,130 (1 BR), $1,440 (2 BR), $1,970 (3 BR) and $2,410 (4 BR) a month.

What is the Section 8 payment standard in 99203?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 99203 that range is $1,296 to $1,584 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 99203?

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.