Section 8 Fair Market Rent (FMR) for ZIP 97436 - 2027

Location: Douglas County, OR | Metro: Douglas County, OR

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$810
1 Bedroom	$890
2 Bedrooms	$1,160
3 Bedrooms	$1,610
4 Bedrooms	$1,940
5 Bedrooms	$2,250
6 Bedrooms	$2,520
7 Bedrooms	$2,722
8 Bedrooms	$2,858

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

865

Median Household Income

$61,944

Housing Units

466

Renter Percentage

26.5%

Occupancy Rate

80.3%

Renter Occupied

The analysis of ZIP code 97436 reveals a balance between yield potential and market stability, making it an attractive option for both high-yield seekers and those interested in steady cash flow.

On the yield axis, the Federal Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,250, which is notably higher than the market rent of $973. This suggests that properties within this ZIP code could command rents above the current market rate, potentially leading to higher returns on investment. However, the median home value of $409,484 indicates a significant upfront cost, which must be weighed against the rental potential.

Moving to the stability axis, the ZIP code has a substantial 26.5% of its residents as renters, indicating a reliable demand for rental housing. Although the days on market (DOM) data is not available, the median household income of $61,944 provides insight into the economic health of the area. This income level supports the ability of tenants to afford higher rents, thus contributing to the stability of rental income.

To classify the market, consider the following:

High-Yield Potential: The gap between FMR ($1,250) and market rent ($973) presents opportunities for landlords to increase their rental income, assuming they can attract tenants willing to pay closer to the FMR.
Moderate Stability: With a quarter of the population renting and a median income that supports higher rents, the market shows signs of stability. However, the lack of DOM data introduces some uncertainty regarding the ease of finding tenants.

In conclusion, ZIP 97436 leans towards a moderate-high yield environment with moderate stability. It offers opportunities for increased rental income but requires careful consideration of the local rental dynamics and tenant pool.

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.