Section 8 Fair Market Rent (FMR) for ZIP 97444 - 2027

Location: Curry County, OR | Metro: Curry County, OR

Investment Score for ZIP 97444

F
Monthly Rent (2BR)
$1,260
Median Price (2BR)
$417,032
1% Rule
0.3%
Annual Yield
3.63%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

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

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
1BR $970 $420,377 0.23% F
2BR $1,260 $417,032 0.3% F
3BR $1,700 $491,782 0.35% F
4BR $1,900 $598,763 0.32% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
5,416
Median Household Income
$64,920
Housing Units
3,270
Renter Percentage
18.3%
Occupancy Rate
79.2%
Renter Occupied
473

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). 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.