Bellevue, WA: Fair Market Rent by ZIP Code (FY2027)
ZIP-level rents for Bellevue in King County, effective October 1, 2026.
Data: HUD FY2027 Small Area FMRs (effective October 1, 2026), Census ACS 5-Year 2020–2024. Spot-checked against the official sources on November 5, 2026 (results). Last site change: November 10, 2026 (changelog).
Bellevue is in King County. HUD sets one Fair Market Rent for the whole Seattle-Bellevue, WA area, $2,549 for two bedrooms in FY2027. Bedroom sizes, Section 8 payment standards and income limits for the county are on the King County fair market rent page. This page shows what differs inside Bellevue: the ZIP-level rents HUD publishes for metro areas and Census figures for the city itself.
Bellevue fair market rent by ZIP code (FY2027)
The two-bedroom Small Area FMR runs from $2,950 (ZIP 98005) to $3,820 (ZIP 98004), 50% above the area FMR. 5 of 5 ZIP codes are above the area figure, 0 below it.
| ZIP | 0 BR | 1 BR | 2 BR | 3 BR | 4 BR | 2 BR vs area FMR |
|---|---|---|---|---|---|---|
| 98004 | $3,130 | $3,270 | $3,820 | $4,980 | $5,930 | +50% |
| 98005 | $2,420 | $2,520 | $2,950 | $3,850 | $4,580 | +16% |
| 98006 | $2,920 | $3,040 | $3,560 | $4,640 | $5,520 | +40% |
| 98007 | $2,490 | $2,590 | $3,030 | $3,950 | $4,700 | +19% |
| 98008 | $2,680 | $2,800 | $3,270 | $4,260 | $5,070 | +28% |
ZIP codes with at least 30% of their land area inside Bellevue (Census 2020 ZIP code tabulation areas). Mail ZIP codes and ZCTAs can differ slightly at the edges.
Source: HUD FY2027 Small Area FMRs (effective October 1, 2026, claims ledger), how SAFMRs work.
Rent in Bellevue compared with King County
The median gross rent in Bellevue is $2,572 a month (±$53), 23% higher than in King County as a whole ($2,092). Renter households in Bellevue earn a median $136,693 a year (±$7,779), against $85,547 county-wide. The typical rent takes 23% of the typical renter income, and 36% of renters pay 30% or more of their income on rent.
Source: Census Bureau, American Community Survey 5-Year 2020–2024 (tables B25064, B25119, B25070), place and county level.
Section 8 in Bellevue
Where the housing authority uses ZIP-level figures, the voucher payment standard is normally 90% to 110% of the ZIP's Small Area FMR: for a two-bedroom unit in Bellevue that is about $2,655 to $4,202 depending on the ZIP code. Otherwise the county-wide FMR applies. See payment standards and income limits for King County or estimate the tenant share with the Section 8 calculator.