Location: Curry County, OR | Metro: Curry County, OR
| Unit Size | Monthly FMR |
|---|---|
| Studio | $870 |
| 1 Bedroom | $970 |
| 2 Bedrooms | $1,260 |
| 3 Bedrooms | $1,700 |
| 4 Bedrooms | $1,900 |
| 5 Bedrooms | $2,204 |
| 6 Bedrooms | $2,468 |
| 7 Bedrooms | $2,665 |
| 8 Bedrooms | $2,798 |
U.S. Census Bureau data (2024)
18.3% of residents in ZIP 97444, Gold Beach, OR, are renters, indicating a significant but not overwhelming portion of the housing market dedicated to rental properties. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,330, which is notably higher than the $1,037 average market rent reported by the Census Bureau's American Community Survey. This suggests that landlords participating in the Section 8 program could potentially receive higher rents compared to the local market rate. However, the median home value stands at $436,631, reflecting a relatively expensive property market that might limit the number of homes eligible for the program due to income restrictions. Additionally, the median income of $64,920 provides insight into the financial capabilities of potential tenants, although it's important to note that Section 8 eligibility is based on individual household incomes rather than the median income of the area. The fact that the days on market (DOM) is listed as N/A could indicate either a very active or a very stable real estate market, where properties are quickly leased or sold without extended periods on the market. Lastly, the price-cut share of 0.1% implies that once a property is listed, it rarely needs to be discounted, suggesting strong demand and stability in pricing. Given these factors, the Section 8 program in ZIP 97444 appears viable for landlords who can meet the eligibility criteria and are willing to navigate the bureaucratic process, with the potential for slightly above-market rents and minimal need for price adjustments.
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.