FMR is near market; voucher and private rents are aligned.
0.94
1 BR
1 BR- 97426
0.97ratio
FMR$1,170
Market$1,210
vs market-$40
FMR is near market; voucher and private rents are aligned.
0.97
2 BR
2 BR- 97426
0.94ratio
FMR$1,530
Market$1,620
vs market-$90
FMR is near market; voucher and private rents are aligned.
0.94
3 BR
3 BR- 97426
1.19ratio
FMR$2,130
Market$1,790
vs market+$340
FMR is above market; underwrite to market rent.
1.19
4 BR
4 BR- 97426
1.30ratio
FMR$2,570
Market$1,970
vs market+$600
FMR is above market; underwrite to market rent.
1.30
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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Creswell, OR fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Creswell, OR is $1,530 a month. That is down 10.0% from $1,700 in FY 2026. Creswell is in the Eugene-Springfield, OR MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,546. The median county two-bedroom FMR in Oregon is $1,325, so Creswell is 16% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Creswell, OR
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,230
$1,110
−9.8%
$999–$1,221
1BR
$1,300
$1,170
−10.0%
$1,053–$1,287
2BR
$1,700
$1,530
−10.0%
$1,377–$1,683
3BR
$2,360
$2,130
−9.7%
$1,917–$2,343
4BR
$2,850
$2,570
−9.8%
$2,313–$2,827
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Creswell, OR
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,110
$1,170
$1,530
$2,130
$2,570
FY 2026
$1,230
$1,300
$1,700
$2,360
$2,850
FY 2025
$1,120
$1,200
$1,580
$2,210
$2,650
FY 2024
$990
$1,100
$1,450
$2,040
$2,460
FY 2023
$880
$1,000
$1,310
$1,860
$2,230
Questions about Creswell, OR rents
How much will Section 8 pay for a two-bedroom in Creswell, OR?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,546, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,391 to $1,701 a month; under the ZIP-level Small Area FMR of $1,530 it would be $1,377 to $1,683. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is Creswell, OR in?
Creswell, OR is in the Eugene-Springfield, OR MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,546.
How much did fair market rent change in Creswell, OR for FY 2027?
The two-bedroom FMR fell 10.0%, from $1,700 in FY 2026 to $1,530 in FY 2027. Since FY 2023 it has risen 16.8%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set