Section 8 Fair Market Rent (FMR) for ZIP 97859 - 2027

Location: Umatilla County, OR | Metro: Umatilla County, OR

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$920
1 Bedroom	$1,010
2 Bedrooms	$1,320
3 Bedrooms	$1,830
4 Bedrooms	$2,130
5 Bedrooms	$2,471
6 Bedrooms	$2,768
7 Bedrooms	$2,989
8 Bedrooms	$3,138

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

Median Household Income

$61,250

Housing Units

166

Renter Percentage

N/A

Occupancy Rate

30.1%

Renter Occupied

The ZIP code 97859, located in Oregon, is characterized by its rural setting and sparse population, which significantly impacts the local real estate market dynamics. The area offers a tranquil environment that contrasts sharply with urban markets, presenting unique challenges and opportunities for landlords and small-portfolio investors.

Fair Market Rent (FMR): $1,220 (metro FY 2026): The Fair Market Rent for the metro area covering ZIP 97859 stands at $1,220 for fiscal year 2026, reflecting the modest rental values typical of rural areas.
Renter Share: 0.0%: With a renter share of 0.0%, it's evident that the majority of residents in ZIP 97859 own their homes, making it less attractive for traditional rental investments.
Moderate Median Income: $61,250: The median household income in the region is $61,250, indicating a stable but not affluent community that may have limited disposable income for higher rents.
Market Rent Data Unavailable: The lack of specific market rent data suggests that the rental market is either very small or non-existent, which could be due to the low renter share.
Median Home Value Data Unavailable: The absence of median home value data points to a scarcity of recent transactions, possibly due to the area's rural nature and limited housing turnover.
Days on Market (DOM) Data Unavailable: Similarly, the unavailability of DOM data implies a slow-moving real estate market, likely influenced by the area's low population density and limited demand for housing.

Investors considering the ZIP 97859 market should recognize the area's predominantly owner-occupied housing stock and the modest rental values indicated by the Fair Market Rent. The low renter share and moderate median income suggest that rental properties must be priced affordably to attract tenants. Given the limited availability of specific market data, potential investors should conduct thorough local research to understand the nuances of the real estate market and the specific needs of the community. This area is best suited for those who can offer affordable housing options and are willing to navigate a market with fewer rental opportunities compared to urban settings.

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.