Location: Jefferson County, OR | Metro: Jefferson County, OR HUD Metro FMR Area
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 | $1,380 |
| 1 Bedroom | $1,390 |
| 2 Bedrooms | $1,820 |
| 3 Bedrooms | $2,520 |
| 4 Bedrooms | $2,880 |
| 5 Bedrooms | $3,341 |
| 6 Bedrooms | $3,742 |
| 7 Bedrooms | $4,041 |
| 8 Bedrooms | $4,243 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $2,520 | $766,821 | 0.33% | F |
U.S. Census Bureau data (2024)
The ZIP code 97730 presents an interesting balance between yield and stability, making it a viable option for both high-yield seekers and those looking for steady cash flow.
Starting with yield, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is projected at $1,840. This figure represents the average rental rate that can be expected in the broader region, which provides context for the local market. In contrast, the actual market rent for ZIP 97730 is estimated at $1,750. This suggests that while there might be a slight gap between the metro FMR and the local market rate, the area still offers a decent rental yield. Furthermore, the median home value of $742,296 indicates a relatively high property cost, which could impact the initial investment required but also suggests potential for capital appreciation.
Moving onto stability, the ZIP code has a significant proportion of renters at 28.6%. This percentage is crucial as it shows a strong demand for rental properties, which can translate into consistent occupancy rates. However, the lack of data on the number of days on market (DOM) makes it challenging to assess how quickly properties can be leased or re-leased. Lastly, the median household income of $93,750 supports the ability of residents to afford higher rents, which can contribute to both higher yields and greater stability.
Based on these figures, ZIP 97730 leans towards being a steady-cashflow zone rather than a high-yield/low-stability flip-style market. The presence of a substantial rental population combined with the median income level points towards a stable tenant base capable of sustaining rental payments. While the yield isn't exceptionally high compared to other areas, the potential for long-term occupancy and the likelihood of tenants who can afford their rent make this a reliable choice for landlords and small-portfolio investors seeking a balance between profit and stability.
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.