Location: Douglas County, OR | Metro: Douglas County, OR
| Unit Size | Monthly FMR |
|---|---|
| Studio | $900 |
| 1 Bedroom | $990 |
| 2 Bedrooms | $1,290 |
| 3 Bedrooms | $1,790 |
| 4 Bedrooms | $2,160 |
| 5 Bedrooms | $2,506 |
| 6 Bedrooms | $2,807 |
| 7 Bedrooms | $3,032 |
| 8 Bedrooms | $3,184 |
U.S. Census Bureau data (2024)
10.9% of residents in ZIP code 97486 are renters, making it a viable market for rental properties. In this area, the Fair Market Rent (FMR) for Section 8 is set at $1,380 for metro FY 2026, providing a clear guideline for landlords. This figure is particularly significant given the median income of $78,795, which indicates that many families could qualify for the program. While the exact market rent and median home value are not available, the Section 8 FMR offers a reliable benchmark for pricing rental units. The lack of data on days on market (DOM) and the percentage of homes that have had their prices cut does not obscure the fact that the Section 8 program can provide steady, government-backed rental income. For landlords and small-portfolio investors, this means a predictable revenue stream without the volatility often seen in the private rental market. The median income figure further supports the potential demand for subsidized housing, ensuring a stable tenant pool. Given these factors, landlords in ZIP 97486 should consider participating in the Section 8 program to capitalize on a guaranteed income source while serving a community in need.
Section 8 Verdict: ZIP 97486 presents a strong opportunity for landlords seeking a reliable income through the Section 8 program.
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.