Metro FMR area · OR · HUD FY 2027

Medford, OR Fair Market Rent

HUD’s FY 2027 Fair Market Rent for a 2-bedroom in the Medford, OR area is $1,539 a month, 9% below the Oregon average and 13% below the U.S. average of $1,761. ZIP-level Small Area FMRs for its 18 ZIP codes range from $1,380 to $2,000.

$1,5392-bedroom FMR+$9 (+0.6%) vs FY 2026
$1,2431-bedroom FMRU.S.: $1,478
$61,560Income for a 2-bedroomat 30% of income
222,645Residents1 county

Can you afford the Fair Market Rent here?

Uses the common 30%-of-gross-income guideline. Results update as you type and stay in your browser.

Household income ($ per year, before tax)

Default: the income a 2-bedroom here needs at 30%.

Unit size

Rent you can afford at 30% of income$1,539/month

2-bedroom Fair Market Rent and the income it needs
Area	Fair Market Rent	Income needed	Share of your income
Medford, OR FMR	$1,539	$61,560	–
Oregon average	$1,691	$67,621	–
U.S. average	$1,761	$70,432	–

Medford, OR Fair Market Rents, FY 2027 vs FY 2026
Unit	Medford, OR FY 2027	FY 2026	Change	Oregon avg	U.S. avg	Income needed
Studio	$1,076	$1,055	+$21 (+2.0%)	$1,311	$1,379	$43,040
1 bedroom	$1,243	$1,229	+$14 (+1.1%)	$1,397	$1,478	$49,720
2 bedrooms	$1,539	$1,530	+$9 (+0.6%)	$1,691	$1,761	$61,560
3 bedrooms	$2,131	$2,128	+$3 (+0.1%)	$2,315	$2,266	$85,240
4 bedrooms	$2,543	$2,514	+$29 (+1.2%)	$2,749	$2,607	$101,720

Counties in this FMR area

Counties in the Medford, OR FMR area
County	Residents in area
Jackson County, OR	222,645

Small Area FMRs by ZIP code

Small Area FMRs apply to Housing Choice Vouchers where HUD requires them or the housing authority opts in; otherwise the metro FMR above applies. The median ZIP’s 2-bedroom SAFMR is $1,470.

Filter ZIP codes

FY 2027 Small Area Fair Market Rents, Medford, OR
ZIP	Studio	1BR	2BR	3BR	4BR	2BR vs FY 2026	2BR vs area FMR
97497	$950	$1,110	$1,380	$1,920	$2,270	+$60 (+4.5%)	10% below
97501	$1,070	$1,240	$1,530	$2,120	$2,530	+$20 (+1.3%)	1% below
97502	$1,100	$1,270	$1,570	$2,170	$2,590	−$40 (−2.5%)	2% above
97503	$1,050	$1,210	$1,500	$2,080	$2,480	+$100 (+7.1%)	3% below
97504	$1,100	$1,280	$1,580	$2,190	$2,610	+$10 (+0.6%)	3% above
97520	$1,130	$1,300	$1,610	$2,230	$2,660	+$10 (+0.6%)	5% above
97522	$950	$1,110	$1,380	$1,920	$2,270	+$60 (+4.5%)	10% below
97524	$1,010	$1,170	$1,450	$2,010	$2,400	−$80 (−5.2%)	6% below
97525	$990	$1,140	$1,410	$1,950	$2,330	−$10 (−0.7%)	8% below
97526	$950	$1,110	$1,380	$1,920	$2,270	+$60 (+4.5%)	10% below
97527	$1,060	$1,170	$1,520	$2,110	$2,310	−$40 (−2.6%)	1% below
97530	$1,400	$1,610	$2,000	$2,770	$3,300	−$10 (−0.5%)	30% above
97535	$1,000	$1,150	$1,430	$1,980	$2,360	−$10 (−0.7%)	7% below
97536	$950	$1,110	$1,380	$1,920	$2,270	+$60 (+4.5%)	10% below
97537	$1,030	$1,190	$1,470	$2,040	$2,430	+$40 (+2.8%)	4% below
97539	$970	$1,120	$1,390	$1,920	$2,300	−$140 (−9.2%)	10% below
97540	$1,210	$1,400	$1,730	$2,400	$2,860	+$60 (+3.6%)	12% above
97541	$950	$1,110	$1,380	$1,920	$2,270	+$60 (+4.5%)	10% below

Sources

U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).

Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.