Location: Grant County, OR | Metro: Grant County, OR
| Unit Size | Monthly FMR |
|---|---|
| Studio | $820 |
| 1 Bedroom | $1,030 |
| 2 Bedrooms | $1,160 |
| 3 Bedrooms | $1,500 |
| 4 Bedrooms | $1,940 |
| 5 Bedrooms | $2,250 |
| 6 Bedrooms | $2,520 |
| 7 Bedrooms | $2,722 |
| 8 Bedrooms | $2,858 |
U.S. Census Bureau data (2024)
The ZIP code 97825 presents an interesting balance between yield potential and market stability for real estate investors focusing on Section 8 properties. To understand its position on these two critical axes, let's break down the relevant data points.
Firstly, the yield potential can be assessed by comparing the Fair Market Rent (FMR) set at $1,200 for the metro area in fiscal year 2026 against the market rent of $825. This indicates that properties within ZIP 97825 can command a premium when rented through Section 8 programs, potentially leading to higher rental incomes. The absence of a figure for home values suggests that the primary focus for investment should be rental properties rather than flipping homes for resale.
Secondly, the stability of the market is influenced by the percentage of renters, which stands at 15.0%, and the median household income of $67,500. While the percentage of renters is relatively low, the income level provides a stable foundation for Section 8 participation, as it ensures a consistent pool of tenants who qualify for the program based on their income levels. However, the lack of data on days on market (DOM) means we cannot assess how quickly properties might be leased, which could impact cash flow stability.
Given these factors, ZIP 97825 leans towards being a steady-cashflow zone rather than a high-yield/low-stability flip-style market. The key figures supporting this classification include the $1,200 FMR for Section 8 properties, which exceeds the market rent of $825, and the median household income of $67,500, indicating a reliable tenant base. The lower percentage of renters might slightly reduce the demand for rental units, but it does not negate the overall positive outlook for steady returns.
To summarize, the higher FMR compared to market rents and the solid median income suggest that this ZIP code offers a good opportunity for steady cash flow, especially for those willing to participate in the Section 8 program. The absence of specific home value and DOM data limits insights into short-term speculative investments, thus steering the focus towards long-term rental strategies.
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.