Metro FMR area · OR · HUD FY 2027
Salem, OR Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in the Salem, OR area is $1,692 a month, about the same as the Oregon average and 4% below the U.S. average of $1,761. ZIP-level Small Area FMRs for its 42 ZIP codes range from $1,430 to $2,110.
- $1,6922-bedroom FMR+$132 (+8.5%) vs FY 2026
- $1,2941-bedroom FMRU.S.: $1,478
- $67,680Income for a 2-bedroomat 30% of income
- 438,906Residents2 counties
| Unit | Salem, OR FY 2027 | FY 2026 | Change | Oregon avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $1,285 | $1,181 | +$104 (+8.8%) | $1,311 | $1,379 | $51,400 |
| 1 bedroom | $1,294 | $1,201 | +$93 (+7.7%) | $1,397 | $1,478 | $51,760 |
| 2 bedrooms | $1,692 | $1,560 | +$132 (+8.5%) | $1,691 | $1,761 | $67,680 |
| 3 bedrooms | $2,341 | $2,159 | +$182 (+8.4%) | $2,315 | $2,266 | $93,640 |
| 4 bedrooms | $2,564 | $2,338 | +$226 (+9.7%) | $2,749 | $2,607 | $102,560 |
Counties in this FMR area
| County | Residents in area |
|---|---|
| Marion County, OR | 349,244 |
| Polk County, OR | 89,662 |
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 $1,730.
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 97002 | $1,470 | $1,510 | $1,910 | $2,630 | $2,940 | +$110 (+6.1%) | 13% above |
| 97020 | $1,460 | $1,490 | $1,900 | $2,610 | $2,910 | +$140 (+8.0%) | 12% above |
| 97026 | $1,540 | $1,550 | $2,030 | $2,810 | $3,080 | +$220 (+12.2%) | 20% above |
| 97032 | $1,420 | $1,510 | $1,790 | $2,480 | $2,800 | −$10 (−0.6%) | 6% above |
| 97071 | $1,420 | $1,510 | $1,750 | $2,420 | $2,800 | −$50 (−2.8%) | 3% above |
| 97101 | $1,420 | $1,510 | $1,730 | $2,360 | $2,800 | −$70 (−3.9%) | 2% above |
| 97137 | $1,400 | $1,410 | $1,840 | $2,550 | $2,790 | +$150 (+8.9%) | 9% above |
| 97301 | $1,220 | $1,230 | $1,610 | $2,230 | $2,440 | +$120 (+8.1%) | 5% below |
| 97302 | $1,230 | $1,240 | $1,620 | $2,240 | $2,450 | +$120 (+8.0%) | 4% below |
| 97303 | $1,280 | $1,280 | $1,680 | $2,320 | $2,550 | +$140 (+9.1%) | 1% below |
| 97304 | $1,420 | $1,510 | $1,830 | $2,530 | $2,800 | +$30 (+1.7%) | 8% above |
| 97305 | $1,340 | $1,350 | $1,760 | $2,440 | $2,670 | +$120 (+7.3%) | 4% above |
| 97306 | $1,430 | $1,440 | $1,880 | $2,600 | $2,850 | +$230 (+13.9%) | 11% above |
| 97307 | $1,290 | $1,300 | $1,700 | $2,350 | $2,580 | +$140 (+9.0%) | about the same as |
| 97308 | $1,290 | $1,300 | $1,700 | $2,350 | $2,580 | +$140 (+9.0%) | about the same as |
| 97309 | $1,290 | $1,300 | $1,700 | $2,350 | $2,580 | +$140 (+9.0%) | about the same as |
| 97310 | $1,290 | $1,300 | $1,700 | $2,360 | $2,580 | +$100 (+6.2%) | about the same as |
| 97317 | $1,340 | $1,350 | $1,760 | $2,440 | $2,670 | +$90 (+5.4%) | 4% above |
| 97325 | $1,600 | $1,610 | $2,110 | $2,920 | $3,200 | +$250 (+13.4%) | 25% above |
| 97338 | $1,180 | $1,190 | $1,560 | $2,160 | $2,360 | +$110 (+7.6%) | 8% below |
| 97342 | $1,260 | $1,390 | $1,730 | $2,380 | $2,680 | −$190 (−9.9%) | 2% above |
| 97344 | $1,090 | $1,090 | $1,430 | $1,980 | $2,170 | +$30 (+2.1%) | 15% below |
| 97346 | $1,100 | $1,260 | $1,530 | $2,080 | $2,400 | +$50 (+3.4%) | 10% below |
| 97347 | $1,420 | $1,510 | $1,730 | $2,360 | $2,800 | −$70 (−3.9%) | 2% above |
| 97350 | $1,260 | $1,410 | $1,760 | $2,410 | $2,700 | −$190 (−9.7%) | 4% above |
| 97351 | $1,500 | $1,510 | $1,970 | $2,730 | $2,980 | +$160 (+8.8%) | 16% above |
| 97352 | $1,130 | $1,260 | $1,530 | $2,070 | $2,400 | +$70 (+4.8%) | 10% below |
| 97358 | $1,150 | $1,300 | $1,620 | $2,230 | $2,490 | +$120 (+8.0%) | 4% below |
| 97360 | $1,120 | $1,290 | $1,590 | $2,190 | $2,450 | +$70 (+4.6%) | 6% below |
| 97361 | $1,220 | $1,310 | $1,650 | $2,290 | $2,580 | +$170 (+11.5%) | 2% below |
| 97362 | $1,420 | $1,510 | $1,730 | $2,360 | $2,800 | −$70 (−3.9%) | 2% above |
| 97370 | $1,360 | $1,480 | $1,850 | $2,560 | $3,090 | +$70 (+3.9%) | 9% above |
| 97371 | $1,320 | $1,350 | $1,720 | $2,380 | $2,640 | +$90 (+5.5%) | 2% above |
| 97373 | $1,120 | $1,130 | $1,480 | $2,050 | $2,240 | +$90 (+6.5%) | 13% below |
| 97375 | $1,440 | $1,510 | $1,830 | $2,500 | $2,880 | +$30 (+1.7%) | 8% above |
| 97378 | $1,420 | $1,510 | $1,730 | $2,360 | $2,800 | −$70 (−3.9%) | 2% above |
| 97381 | $1,460 | $1,470 | $1,920 | $2,660 | $2,910 | +$180 (+10.3%) | 13% above |
| 97383 | $1,120 | $1,260 | $1,530 | $2,070 | $2,400 | +$140 (+10.1%) | 10% below |
| 97384 | $1,290 | $1,300 | $1,700 | $2,350 | $2,580 | +$310 (+22.3%) | about the same as |
| 97385 | $1,460 | $1,470 | $1,920 | $2,660 | $2,910 | +$240 (+14.3%) | 13% above |
| 97392 | $1,160 | $1,170 | $1,530 | $2,120 | $2,320 | +$140 (+10.1%) | 10% below |
| 97396 | $1,420 | $1,510 | $1,730 | $2,360 | $2,800 | −$70 (−3.9%) | 2% above |
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.