Section 8 Fair Market Rent (FMR) for ZIP 97836 - 2027

Location: Morrow County, OR | Metro: Morrow County, OR

Investment Score for ZIP 97836

F
Monthly Rent (2BR)
$1,010
Median Price (2BR)
$198,127
1% Rule
0.51%
Annual Yield
6.12%

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$720
1 Bedroom$790
2 Bedrooms$1,010
3 Bedrooms$1,410
4 Bedrooms$1,700
5 Bedrooms$1,972
6 Bedrooms$2,209
7 Bedrooms$2,386
8 Bedrooms$2,505

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 $1,010 $198,127 0.51% F
3BR $1,410 $260,678 0.54% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
1,998
Median Household Income
$88,591
Housing Units
1,065
Renter Percentage
39.6%
Occupancy Rate
73.0%
Renter Occupied
308

The economics of Section 8 housing in ZIP code 97836, which includes Heppner, Oregon, and part of Morrow County, can be quite different from the broader metro or county-level averages. For a two-bedroom unit in this specific ZIP code, the SAFMR (Small Area Fair Market Rent) for fiscal year 2026 is set at $1,120. This figure is crucial because it represents the maximum amount that the Section 8 program will pay for a rental unit in this area.

In contrast, the local market rent for a similar two-bedroom unit, according to Census ACS data, is around $850. This lower market rent suggests that landlords in ZIP 97836 could potentially receive a higher reimbursement than the local market rate if they participate in the Section 8 program.

A Section 8 voucher works by covering the difference between the market rent and what the tenant can afford, up to the SAFMR limit. The tenant's portion is typically calculated as 30% of their adjusted income. Additionally, there are utility allowances that vary based on the size of the unit and the location. For a two-bedroom unit in this area, the utility allowance is approximately $300.

To illustrate, let's assume a tenant's portion of the rent is $350. The total reimbursement a landlord would receive from the Section 8 program for a two-bedroom unit would be the sum of the tenant's portion and the utility allowance, which equals $650. However, since the SAFMR is $1,120, the landlord can charge up to this amount. In this scenario, the landlord would receive the full $1,120 from the Section 8 program, with the tenant paying their $350 portion and the remaining $770 coming from the government.

The typical reimbursement gap or surplus for a two-bedroom unit in ZIP 97836 is a surplus of $270. This means that even at the local market rent of $850, landlords can expect to receive an additional $270 per month above the market rate due to the higher SAFMR set for this specific ZIP code.

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.