FY2027 Small Area FMR · Spokane, WA

ZIP 99223 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 99223 (Spokane, WA) is $1,570 a month, down 1.3% from FY2026. That is 5% above the Spokane, WA area-wide FMR of $1,494.

2-bedroom SAFMR$1,570per month ▼ 1.3%

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

Rank in the area10thof 57 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,413

2 BR Small Area FMR$1,570

110% of SAFMR$1,727

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

Studio$1,170▲ 1.7%

1 BR$1,230▼ 0.8%

2 BR$1,570▼ 1.3%

3 BR$2,150▼ 0.9%

4 BR$2,620▲ 0.8%

FY2027 FY2026

Where 99223 sits in the Spokane, WA area

Of the 57 ZIP codes HUD lists for the area, 99223 has the 10th 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 $1,570 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	$1,170	$1,053 – $1,287	$1,116	$1,150
1 bedroom	$1,230	$1,107 – $1,353	$1,173	$1,240
2 bedrooms	$1,570	$1,413 – $1,727	$1,494	$1,590
3 bedrooms	$2,150	$1,935 – $2,365	$2,047	$2,170
4 bedrooms	$2,620	$2,358 – $2,882	$2,497	$2,600

A household renting a two-bedroom home at the Small Area FMR of $1,570 needs about $62,800 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 99223 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
99203	Spokane	3.8 mi	$1,440
99202	Spokane	5.0 mi	$1,380
99206	Spokane	5.0 mi	$1,410
99212	Spokane	5.4 mi	$1,430
99036	Valleyford	5.5 mi	$1,480
99204	Spokane	5.5 mi	$1,380

Questions

What is the Fair Market Rent for ZIP code 99223?

HUD's FY2027 Small Area Fair Market Rents for 99223 are $1,170 (studio), $1,230 (1 BR), $1,570 (2 BR), $2,150 (3 BR) and $2,620 (4 BR) a month.

What is the Section 8 payment standard in 99223?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 99223 that range is $1,413 to $1,727 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 99223?

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.