Location: Baker County, OR | Metro: Baker County, OR
| Unit Size | Monthly FMR |
|---|---|
| Studio | $720 |
| 1 Bedroom | $900 |
| 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 |
U.S. Census Bureau data (2024)
The Federal Market Rent (FMR) for the metro area in fiscal year 2026 is $970, while the market rent is $633. This indicates a lower potential for rental income compared to the federal benchmark, suggesting a more stable but moderate return on investment.
The median home value in ZIP 97870 is $201,900, which is notably lower than the $361,875 figure mentioned earlier. This suggests that property values are relatively stable and affordable, reducing the risk of significant fluctuations in property value.
Rental stability is also indicated by the 31.6% share of renters in the area. While this percentage is not exceptionally high, it does provide a reasonable level of demand for rental properties. The lack of data on days on market (DOM) makes it difficult to assess how quickly properties can be rented out, but the presence of rental demand supports steady cash flow.
Average household income in the area is $57,159. This figure provides insight into the economic stability of the tenants and the overall market. Given the lower median home value and market rent, the income level supports the feasibility of renting out properties at a rate that matches the local market conditions.
To summarize, ZIP 97870 is best classified as a steady-cashflow zone. The key figures driving this classification include the lower-than-FMR market rent of $633, the median home value of $201,900, and the 31.6% share of renters. These factors indicate a market that is likely to provide consistent but not extraordinarily high returns on investment.
For landlords and small-portfolio investors, this ZIP code represents an opportunity to invest in a stable market with predictable cash flows, rather than a volatile market with higher yields but greater risks.
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.