Housing market/Washington/ZIP 98065

ACS 2023 · FY2027 SAFMR

ZIP 98065 Snoqualmie, Washington

Seattle-Bellevue, WA HUD Metro FMR Area · Washington. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
16,061
Households
5,310
Median HH income
$182,132
Renter share
15.3%
Median gross rent
$3,052
Vacancy
6.5%
Pop. change
+3.3%
2BR SAFMR
$3,670
SAFMR / rent
1.202×
2–49 unit stock
400
LIHTC proj / units
1 / 191
HUD assisted MF
—

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 98065 · WA — sent to you.

ZIP 98065 · WA

ACS median rent$3,052
2BR SAFMR$3,670
90% floor$3,303
110% ceiling$4,037

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 98065

  • 1-unit detached4,74983.8%
  • 1-unit attached4167.3%
  • 2–4 units2394.2%
  • 5–49 units1612.8%
  • 50+ units230.4%
  • Mobile821.4%
TypeUnitsShare
1-unit detached4,74983.6%
1-unit attached4167.3%
2 units (duplex)1001.8%
3–4 units1392.4%
5–9 units871.5%
10–19 units280.5%
20–49 units460.8%
50+ units230.4%
Mobile821.4%

2–4 unit share 4.2% · 5–49 unit share 2.8% · combined 2–49 7.0%.

Units by bedrooms

Studio
58
1BR
113
2BR
836
3BR
2,182
4BR
1,653
5+
839

Rent burden

Rent ≥30% of income41.3%
Rent ≥50% of income0.0%
  • ACS median gross rent $3,052 (all bedrooms, occupied rentals).
  • Median contract rent $2,723.
  • Renters paying ≥30% of income 41.3%; ≥50% 0.0%.
  • FY2027 2BR SAFMR $3,670 (1.202× ACS median gross rent).

Population

16,061 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +3.3%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 1 projects, 191 units.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 5,102 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 98065 15.3% of occupied households are renters; vacancy is 6.5%; ACS median gross rent is $3,052; population increased +3.3% between the 2018 and 2023 ACS vintages; the housing stock includes 239 units in 2–4-unit structures and 161 units in 5–49-unit structures; 1 LIHTC projects totaling 191 units; FY2027 2BR SAFMR is $3,670 versus ACS median gross rent of $3,052. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Washington research

ZIP 98065 is a Census / HUD profile for Seattle-Bellevue, WA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Washington research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 98065?

ZIP 98065 (Seattle-Bellevue, WA HUD Metro FMR Area) has 16,061 residents, 5,310 households, a renter share of 15.3%, median household income of $182,132, and ACS 2023 median gross rent of $3,052. Vacancy is 6.5%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 98065?

ACS counts 100 units in 2-unit buildings, 139 in 3–4 unit buildings, 87 in 5–9, 28 in 10–19, and 46 in 20–49. Combined 2–49 unit stock is 400 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 98065?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $3,670. See the full schedule and 90–110% payment-standard band on the ZIP 98065 — Snoqualmie, WA HUD Section 8 Payment Standards / SAFMR.

Does this Washington ZIP profile include Georgia listings?

No. ZIP 98065 is Census / HUD research for Seattle-Bellevue, WA HUD Metro FMR Area. Jeff Crowe CRE does not list Washington property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.