Logo Kennewick-Richland Fair Market Rent FY 2021 Kennewick-Richland, WA MSA Rental Data

Fair Market Rent Prices in Kennewick-Richland, WA :
$678 $824 $1,019 $1,378 $1,721
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Kennewick-Richland are high compared to the national average. This FMR area is more expensive than 89% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Kennewick-Richland is $1,019 per month.

The previous year, rent for a two-bedroom home was $1,089 per month. This is a 6.43% decrease year-over-year.

This FMR rate applies to Paterson, WA, Plymouth, WA, Kahlotus, WA, Eltopia, WA, Mesa, WA, Benton City, WA, Prosser, WA, Grandview, WA, West Richland, WA, Sunnyside, WA and other cities within the region. The Metro Code or CBSA code for this region is METRO28420M28420.

Additionally, This Fair Market Rent (FMR) area Kennewick-Richland, WA MSA spans two counties or cities in Washington which ares listed in the table below. Estimated population of Kennewick-Richland, WA MSA FMR area is 0 people based on 2000 Census data.

Compared to the rest of Washington, the Kennewick-Richland FMR area is more expensive than 61% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Kennewick-Richland. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Kennewick-Richland

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 714
1-BR 1-Bedroom $ 867
2-BR 2-Bedroom $ 1072
3-BR 3-Bedroom $ 1450
4-BR 4-Bedroom $ 1811
Change Year:

The counties, cities, towns, and regions listed below fall into the Kennewick-Richland, WA MSA FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers one metro area: Yakima - Pasco - Rchlnd - Knnwck.

County / Region Est. Population
Benton County, WA Metro 0
Franklin County, WA Metro 0
Zip Codes in Kennewick-Richland, WA MSA

There are 17 unique zip codes in this Fair Market Rent (FMR) area:

98930, 98944, 99301, 99302, 99320, 99330, 99335, 99336, 99337, 99338, 99343, 99345, 99346, 99350, 99352, 99353 and 99354

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