Section 8 Fair Market Rent (FMR) for ZIP 97453 - 2027

Location: Eugene-Springfield, OR | Metro: Eugene-Springfield, OR MSA

Investment Score for ZIP 97453

F
Monthly Rent (2BR)
$1,520
Median Price (2BR)
$383,803
1% Rule
0.4%
Annual Yield
4.75%

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$1,110
1 Bedroom$1,160
2 Bedrooms$1,520
3 Bedrooms$2,120
4 Bedrooms$2,550
5 Bedrooms$2,958
6 Bedrooms$3,313
7 Bedrooms$3,578
8 Bedrooms$3,757

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
2BR $1,520 $383,803 0.4% F
3BR $2,120 $415,872 0.51% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
965
Median Household Income
$56,417
Housing Units
455
Renter Percentage
22.4%
Occupancy Rate
92.3%
Renter Occupied
94

The Fair Market Rent (FMR) for ZIP 97453, Mapleton, Oregon, for fiscal year 2024 is set at $1250. This figure represents the payment standard under the Section 8 Housing Choice Voucher program, which is the maximum amount that a landlord can receive from the government for renting a unit to a tenant participating in the program. It's important to note that this is not the rent you charge your tenants; it's the reimbursement limit from the housing authority.

In comparison, the average rent in Mapleton according to the latest Census American Community Survey (ACS) data is $1,088. This means that the FMR under Section 8 is slightly higher than the typical market rent, providing a potential financial advantage to landlords who participate.

With 22.4% of the population being renters, there is a steady demand for rental properties in the area. This percentage indicates that nearly one in every four residents is looking for a place to rent, suggesting a healthy market for landlords.

When acquiring a property in ZIP 97453, the median home value is around $379,679. This high acquisition cost might make it challenging to find affordable properties for the Section 8 program, but it also reflects the overall value of real estate in the area.

Before deciding to take on a Section 8 rental, verify that the property meets all the required standards set by the housing authority. These standards ensure that the rental unit is safe, decent, and sanitary, and they are crucial for receiving approval and maintaining eligibility for the program.

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.