Section 8 Fair Market Rent (FMR) for ZIP 97751 - 2027

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

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$950
1 Bedroom	$1,020
2 Bedrooms	$1,270
3 Bedrooms	$1,740
4 Bedrooms	$2,120
5 Bedrooms	$2,459
6 Bedrooms	$2,754
7 Bedrooms	$2,974
8 Bedrooms	$3,123

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

Median Household Income

$N/A

Housing Units

Renter Percentage

N/A

Occupancy Rate

78.6%

Renter Occupied

The ZIP code 97751, located in Oregon, represents a unique market for real estate investors due to its distinct characteristics. This area is predominantly owner-occupied, which offers insights into the local housing preferences and market dynamics.

Fair Market Rent (FMR): The FMR for the metro area in fiscal year 2026 is set at $1,260, indicating the average rental price for a modest apartment. This figure serves as a benchmark for rental pricing in the region.
Renter Share: The renter share of the population is 0.0%, suggesting that virtually all residents own their homes. This statistic underscores the strong demand for homeownership over renting.
Median Home Value: While the median home value is not available, the lack of rental market presence implies that the housing stock is primarily occupied by owners, reflecting a stable and possibly affluent community.
Days on Market (DOM): With no data available on DOM, it's challenging to assess the speed at which properties sell. However, given the high preference for homeownership, it's likely that homes are sought after and sell relatively quickly.
Median Income: Although the median income data is not provided, the strong homeownership trend suggests a community where residents have the financial means to purchase rather than rent homes.

Investors in ZIP 97751 should focus on the robust market for homeownership rather than rentals. The FMR of $1,260 can guide potential conversions of homes into rental properties if the trend shifts, but currently, the area leans heavily towards a buyer's market. The scarcity of data on median home values, DOM, and median income points to the need for further localized research to make informed investment decisions. Despite these gaps, the overwhelmingly owner-occupied nature of the ZIP code indicates a potentially lucrative opportunity for those interested in long-term property ownership and appreciation.

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.