Section 8 Fair Market Rent (FMR) for ZIP 97307 - 2027

Name: Section 8 Fair Market Rent Data for 97307
Creator: U.S. Department of Housing and Urban Development (HUD)
License: https://creativecommons.org/publicdomain/zero/1.0/

Location: Salem, OR | Metro: Salem, OR MSA

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$1,290
1 Bedroom	$1,300
2 Bedrooms	$1,700
3 Bedrooms	$2,350
4 Bedrooms	$2,580
5 Bedrooms	$2,993
6 Bedrooms	$3,352
7 Bedrooms	$3,620
8 Bedrooms	$3,801

Data Sources: FMR data from HUD (2027).

About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.