FMR is below market; voucher rent may lag private rents.
0.86
1 BR
1 BR- 97032
0.96ratio
FMR$1,510
Market$1,580
vs market-$70
FMR is near market; voucher and private rents are aligned.
0.96
2 BR
2 BR- 97032
0.92ratio
FMR$1,790
Market$1,950
vs market-$160
FMR is near market; voucher and private rents are aligned.
0.92
3 BR
3 BR- 97032
1.09ratio
FMR$2,480
Market$2,270
vs market+$210
FMR is near market; voucher and private rents are aligned.
1.09
4 BR
4 BR- 97032
1.09ratio
FMR$2,800
Market$2,570
vs market+$230
FMR is near market; voucher and private rents are aligned.
1.09
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
--
Hubbard, OR fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Hubbard, OR is $1,790 a month. That is down 0.6% from $1,800 in FY 2026. Hubbard is in the Salem, 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 $1,692. The median county two-bedroom FMR in Oregon is $1,325, so Hubbard is 35% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Hubbard, OR
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,470
$1,420
−3.4%
$1,278–$1,562
1BR
$1,580
$1,510
−4.4%
$1,359–$1,661
2BR
$1,800
$1,790
−0.6%
$1,611–$1,969
3BR
$2,470
$2,480
+0.4%
$2,232–$2,728
4BR
$2,900
$2,800
−3.4%
$2,520–$3,080
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Hubbard, OR
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,420
$1,510
$1,790
$2,480
$2,800
FY 2026
$1,470
$1,580
$1,800
$2,470
$2,900
FY 2025
$1,490
$1,600
$1,830
$2,530
$2,930
FY 2024
$1,350
$1,450
$1,680
$2,360
$2,700
FY 2023
$1,280
$1,370
$1,570
$2,210
$2,620
Questions about Hubbard, OR rents
How much will Section 8 pay for a two-bedroom in Hubbard, OR?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,692, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,523 to $1,861 a month; under the ZIP-level Small Area FMR of $1,790 it would be $1,611 to $1,969. 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 Hubbard, OR in?
Hubbard, OR is in the Salem, OR MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,692.
How much did fair market rent change in Hubbard, OR for FY 2027?
The two-bedroom FMR fell 0.6%, from $1,800 in FY 2026 to $1,790 in FY 2027. Since FY 2023 it has risen 14.0%.
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