Section 8 Fair Market Rent (FMR) for ZIP 97734 - 2027

Location: Jefferson County, OR | Metro: Jefferson County, OR HUD Metro FMR Area

Investment Score for ZIP 97734

Monthly Rent (2BR)

$1,300

Median Price (2BR)

$423,040

1% Rule

0.31%

Annual Yield

3.69%

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	$990
1 Bedroom	$990
2 Bedrooms	$1,300
3 Bedrooms	$1,800
4 Bedrooms	$2,060
5 Bedrooms	$2,390
6 Bedrooms	$2,677
7 Bedrooms	$2,891
8 Bedrooms	$3,036

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	$1,300	$423,040	0.31%	F
3BR	$1,800	$412,143	0.44%	F
4BR	$2,060	$520,974	0.4%	F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

3,618

Median Household Income

$82,429

Housing Units

2,027

Renter Percentage

25.1%

Occupancy Rate

62.8%

Renter Occupied

319

Culver, OR, located in the heart of Oregon's agricultural landscape, offers a unique blend of rural charm and accessibility to urban amenities. This small town provides a stable environment for both residential and investment properties, attracting individuals and families looking for a quieter lifestyle without sacrificing modern conveniences.

The Fair Market Rent (FMR) for the metro area, including Culver, is set at $1,310 for fiscal year 2026, indicating a growing demand for affordable housing options.
The actual market rent in Culver stands at $1,050, based on recent Census American Community Survey (ACS) data, suggesting that there is room for rental price increases to align with the FMR.
The median home value in Culver is $408,811, reflecting a modest but steady appreciation in property values over time.
Renters make up 25.1% of the local population, showing a significant portion of residents who prefer leasing rather than purchasing homes, which presents opportunities for rental investments.
Although the exact number of days on the market (DOM) is not available, the combination of moderate home values and a substantial renter population suggests that rental units turn over quickly, providing a reliable cash flow for investors.
The median household income in Culver is $82,429, offering assurance that tenants can afford higher rents, potentially leading to better occupancy rates and less financial risk.

In summary, Culver, OR, offers a balanced market for real estate investments. The discrepancy between the current market rent and the FMR indicates potential for rental price growth. With a quarter of the population renting and a median income above the national average, the area supports a healthy rental market. While specific turnover times aren't quantified, the combination of these factors suggests that rental properties can provide a solid, predictable return on investment. For landlords and small-portfolio investors, Culver presents a viable option for diversifying their real estate holdings in a stable, growing market.

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.