Location: Umatilla County, OR | Metro: Morrow County, OR
| Unit Size | Monthly FMR |
|---|---|
| Studio | $780 |
| 1 Bedroom | $860 |
| 2 Bedrooms | $1,120 |
| 3 Bedrooms | $1,560 |
| 4 Bedrooms | $1,880 |
| 5 Bedrooms | $2,181 |
| 6 Bedrooms | $2,443 |
| 7 Bedrooms | $2,638 |
| 8 Bedrooms | $2,770 |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 97826 in the metro area for fiscal year 2026 is set at $1,200. This figure represents the payment standard for Section 8 vouchers, which means it is the maximum amount that the Housing Choice Voucher program will pay toward your tenant's rent. It does not represent the total rent you can charge, but rather the portion covered by the voucher.
To put this into perspective, the average rent in ZIP 97826, according to Census ACS data, is $1,063. This indicates that the FMR is slightly above the local average, providing a reasonable margin for landlords to cover their costs and make a profit.
The 16.1% share of renters in the area suggests there is a steady demand for rental properties. This percentage translates into a consistent pool of potential tenants who might be looking for affordable housing options, making Section 8 a viable choice for landlords in ZIP 97826.
If you're considering purchasing a property to use as a Section 8 rental, the median home value in ZIP 97826 is around $293,673. This gives you an idea of the typical acquisition cost for a property in this area. However, it's important to note that the actual price may vary depending on the condition and location of the property.
Before proceeding with a Section 8 rental, ensure that the property meets all the required standards for habitability and safety. The Housing Authority will inspect the unit to confirm compliance with these standards before approving it for the program. This verification step is crucial to avoid any delays or disqualifications.
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.