Location: Grant County, OR | Metro: Grant County, OR
| Unit Size | Monthly FMR |
|---|---|
| Studio | $760 |
| 1 Bedroom | $950 |
| 2 Bedrooms | $1,070 |
| 3 Bedrooms | $1,390 |
| 4 Bedrooms | $1,790 |
| 5 Bedrooms | $2,076 |
| 6 Bedrooms | $2,325 |
| 7 Bedrooms | $2,511 |
| 8 Bedrooms | $2,637 |
U.S. Census Bureau data (2024)
The ZIP code 97817 stands out due to its exceptionally low resident count of only 13 individuals. This makes it one of the smallest ZIP codes in terms of population, with 50.0% of those residents renting their homes. The scarcity of data points such as the median income and median home value being listed as N/A underscores the unique challenges and opportunities that come with analyzing such a sparsely populated area.
In terms of voucher economics, the Fair Market Rent (FMR) for the metro area covering fiscal year 2026 is set at $1,130. However, the lack of specific market rent data for ZIP 97817 means that comparisons are limited. Landlords and small-portfolio investors should consider the FMR as a guideline for rental pricing in this region, although actual market conditions may vary significantly given the ZIP's unique characteristics.
The data signature for ZIP 97817 reads as transitional. With such a small population base and a significant portion of residents relying on rental housing, any changes in the local economy or government policies can have a substantial impact. Investors should be prepared for potential fluctuations in demand and supply, and keep an eye on broader regional trends to inform their decisions.
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.