Location: Douglas County, OR | Metro: Douglas 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 | $840 |
| 1 Bedroom | $920 |
| 2 Bedrooms | $1,200 |
| 3 Bedrooms | $1,660 |
| 4 Bedrooms | $2,010 |
| 5 Bedrooms | $2,332 |
| 6 Bedrooms | $2,612 |
| 7 Bedrooms | $2,821 |
| 8 Bedrooms | $2,962 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $920 | $216,480 | 0.42% | F |
| 2BR | $1,200 | $242,115 | 0.5% | F |
| 3BR | $1,660 | $354,108 | 0.47% | F |
| 4BR | $2,010 | $426,344 | 0.47% | F |
U.S. Census Bureau data (2024)
ZIP 97470, located in Roseburg, OR, within the Douglas County, OR metro area, serves as a solid cash-flow anchor for a Section 8 portfolio strategy. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,270, which is slightly below the market rent of $1,322. This $52 spread indicates that while there's a slight premium in market rent over FMR, the difference is minimal and manageable for landlords participating in the Section 8 program.
The median home value in ZIP 97470 is $320,669. Given the relatively low FMR compared to the market rent, landlords can expect a steady cash flow when renting properties under the Section 8 program. Although the FMR is lower than the market rent, the guaranteed payments from the government and the stability they provide make this ZIP code an attractive option for ensuring consistent income.
The ZIP code also features a 41.0% renter share, indicating a significant portion of the population relies on rental housing. With a median income of $54,751, many residents likely qualify for the Section 8 program, creating a stable demand for subsidized rentals. The 0.3% price-cut share and N/A-day days on market (DOM) suggest that while some flexibility in pricing might be necessary, the market moves quickly once a property is listed, minimizing the risk of prolonged vacancies.
In conclusion, ZIP 97470 stands out as a reliable cash-flow anchor due to the close alignment between FMR and market rents, coupled with a substantial renter base and swift market activity. Landlords can expect steady income with limited risk of vacancy, making it a valuable addition to any Section 8-focused investment portfolio.
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.