Location: Douglas County, OR | Metro: Douglas County, OR
| Unit Size | Monthly FMR |
|---|---|
| Studio | $840 |
| 1 Bedroom | $930 |
| 2 Bedrooms | $1,220 |
| 3 Bedrooms | $1,700 |
| 4 Bedrooms | $2,040 |
| 5 Bedrooms | $2,366 |
| 6 Bedrooms | $2,650 |
| 7 Bedrooms | $2,862 |
| 8 Bedrooms | $3,005 |
The analysis of ZIP code 97494 in Douglas County, Oregon reveals several critical insights for landlords and small-portfolio investors.
The rent math does not work favorably due to the lack of available market rent data. The Fair Market Rent (FMR) for the area, set at $1,350 for the fiscal year 2026, stands as the benchmark for rental prices. However, without comparative market rent figures, it's challenging to assess whether the FMR aligns with what tenants are willing to pay. This gap in data suggests a need for further investigation into local rental trends before making investment decisions.
Regarding acquisition affordability, the situation is unclear due to missing data on median home values, days on market (DOM), and the percentage of homes requiring price cuts. These metrics are crucial for understanding the cost and competitiveness of purchasing properties in the area. Without them, it's impossible to provide a concrete assessment of whether acquiring property in ZIP 97494 would be financially viable for landlords looking to expand their portfolios.
Tenant demand is also ambiguous due to incomplete data. The population and the percentage of renters in ZIP 97494 are not specified, which makes it difficult to gauge the potential occupancy rates and the overall demand for rental properties. A robust analysis would require detailed demographic information to understand the size of the rental market and the likelihood of finding tenants willing to pay the FMR.
In conclusion, while the FMR of $1,350 provides a target for rental pricing, the absence of key data points such as market rent, median home value, DOM, price-cut share, population, and renter share percentages leaves significant uncertainty about the viability of investing in ZIP 97494. Landlords and investors should seek additional local market intelligence to make informed decisions.
Data Sources: FMR data from HUD (2027).
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.