Section 8 Fair Market Rent (FMR) for ZIP 97369 - 2027

FY 2027 Fair Market Rent Rates

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

The ZIP code 97369 represents a small, rural area primarily characterized by its low population density. With only 334 residents, it is a quiet community where the majority own their homes; renters make up just 17.3% of the populace. The median income figure is not available, which suggests limited economic data, but the median home value stands at a noteworthy $282,812. This indicates a middle-class residential setting, albeit one with fewer rental opportunities.

Moving into the realm of rent economics, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,510. However, specific market rent figures for ZIP 97369 are not available, which can be attributed to its small size and limited rental market. Without precise local market data, it's challenging to gauge the exact profitability of rental properties in this area, but the FMR provides a benchmark for potential rents.

Considering these factors, ZIP 97369 may not be ideal for a hands-off voucher operator due to its sparse rental market and the difficulty in finding sufficient tenants who qualify for Section 8 vouchers. Instead, the area might suit a hands-on value-add buyer who can manage a smaller number of properties and potentially improve them to attract more tenants. Given the high median home value, there is potential for增值投资，特别是对于那些愿意投入时间和资源来提升房产价值的投资者。然而，由于缺乏具体的市场租金数据和较低的租户比例，这需要谨慎考虑。投资者应准备面对较小规模的市场，并可能需要采取更积极的管理策略来确保成功。

总之，ZIP 97369适合那些愿意亲力亲为并专注于少数几个物业的价值型投资者。对于那些寻求大规模、无干预投资机会的房东来说，这个区域可能不是最佳选择。

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.