Section 8 Fair Market Rent (FMR) for ZIP 97336 - 2027

Location: Albany, OR | Metro: Albany, OR MSA

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$1,160
1 Bedroom	$1,360
2 Bedrooms	$1,660
3 Bedrooms	$2,290
4 Bedrooms	$2,580
5 Bedrooms	$2,993
6 Bedrooms	$3,352
7 Bedrooms	$3,620
8 Bedrooms	$3,801

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

Median Household Income

$N/A

Housing Units

Renter Percentage

N/A

Occupancy Rate

100.0%

Renter Occupied

The ZIP code 97336, located in Oregon, is a rural area with limited real estate data available. This scarcity makes it challenging to provide a comprehensive market analysis but offers insights into the unique dynamics of such regions.

The Fair Market Rent (FMR) for ZIP 97336 in fiscal year 2024 is set at $1380, indicating the maximum amount that low-income families should pay for housing.
The market rent for the area is currently unavailable, which suggests that there might be a lack of rental properties or data collection issues.
The median home value in ZIP 97336 is also not reported, pointing towards either a very homogeneous housing market or insufficient data.
Renters make up 0.0% of the population, meaning that nearly all residents in this area own their homes, which could affect demand for rental properties.
The days on market (DOM) figure is not available, making it difficult to assess how quickly properties sell or rent out in this area.
The median income for the area is unreported, which means we cannot evaluate the financial health of potential tenants or homeowners.

In summary, ZIP 97336 presents a challenge for investors due to the absence of key metrics such as market rent and median home values. The dominance of homeownership indicates a low demand for rental units, which is not favorable for landlords seeking to maximize returns. Additionally, the lack of reported data on income levels and DOM suggests that this area may require more in-depth local research before making investment decisions. Given these factors, potential investors should proceed with caution and consider alternative investment strategies that align with the limited rental market in this rural region.

Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).

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.