Location: Curry County, OR | Metro: Curry County, OR
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $980 |
| 1 Bedroom | $1,080 |
| 2 Bedrooms | $1,410 |
| 3 Bedrooms | $1,800 |
| 4 Bedrooms | $2,040 |
| 5 Bedrooms | $2,366 |
| 6 Bedrooms | $2,650 |
| 7 Bedrooms | $2,862 |
| 8 Bedrooms | $3,005 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $1,080 | $456,251 | 0.24% | F |
| 2BR | $1,410 | $451,484 | 0.31% | F |
| 3BR | $1,800 | $531,863 | 0.34% | F |
| 4BR | $2,040 | $686,052 | 0.3% | F |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 97415, which includes Brookings, Oregon, is set at $1,450 for metro areas in fiscal year 2026. This figure represents the payment standard for Section 8 housing vouchers, meaning that if you participate in the program, the government will pay up to $1,450 per month for a unit that meets eligibility criteria.
To put this into context, the average rent for the area is currently $1,308 according to the Census Bureau's American Community Survey (ACS). This suggests that the FMR is slightly above the market rate, providing landlords with a competitive advantage when it comes to securing tenants through the Section 8 program.
In ZIP 97415, approximately 30.0% of residents are renters. This indicates a moderate demand for rental properties, making it feasible for landlords to find tenants interested in Section 8 housing. However, it also means that competition among landlords for these tenants can be significant.
If you're considering purchasing a property to use as a Section 8 rental, the median home value in the area is around $476,237. This is the typical price you might expect to pay for an existing home, though new construction or different types of properties could vary significantly.
Before you proceed with your first Section 8 rental in Brookings, Oregon, it's crucial to verify that your property meets the Housing Quality Standards (HQS). These standards ensure that the rental unit is safe, decent, and sanitary for tenants. Failure to meet these standards can result in disqualification from the program, so confirming compliance is essential.
Participating in the Section 8 program can provide a steady income stream, but it requires adherence to certain guidelines and regulations. The FMR of $1,450 offers a benchmark for your rent, ensuring that you receive a fair payment while still being accessible to eligible low-income tenants.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.