FMR is below market; voucher rent may lag private rents.
0.72
1 BR
1 BR- 97448
0.79ratio
FMR$1,310
Market$1,660
vs market-$350
FMR is below market; voucher rent may lag private rents.
0.79
2 BR
2 BR- 97448
0.88ratio
FMR$1,650
Market$1,880
vs market-$230
FMR is below market; voucher rent may lag private rents.
0.88
3 BR
3 BR- 97448
1.04ratio
FMR$2,290
Market$2,200
vs market+$90
FMR is near market; voucher and private rents are aligned.
1.04
4 BR
4 BR- 97448
1.13ratio
FMR$2,580
Market$2,290
vs market+$290
FMR is above market; underwrite to market rent.
1.13
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
--
Junction City, OR fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Junction City, OR is $1,650 a month. That is up 11.5% from $1,480 in FY 2026. Junction City is in the Corvallis, 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 $1,857. The median county two-bedroom FMR in Oregon is $1,325, so Junction City is 25% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Junction City, OR
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,080
$1,220
+13.0%
$1,098–$1,342
1BR
$1,160
$1,310
+12.9%
$1,179–$1,441
2BR
$1,480
$1,650
+11.5%
$1,485–$1,815
3BR
$2,080
$2,290
+10.1%
$2,061–$2,519
4BR
$2,460
$2,580
+4.9%
$2,322–$2,838
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Junction City, OR
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,220
$1,310
$1,650
$2,290
$2,580
FY 2026
$1,080
$1,160
$1,480
$2,080
$2,460
FY 2025
$1,080
$1,120
$1,420
$2,000
$2,250
FY 2024
$1,000
$1,050
$1,290
$1,830
$2,170
FY 2023
$900
$960
$1,240
$1,760
$2,110
Questions about Junction City, OR rents
How much will Section 8 pay for a two-bedroom in Junction City, OR?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,857, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,671 to $2,043 a month; under the ZIP-level Small Area FMR of $1,650 it would be $1,485 to $1,815. 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 Junction City, OR in?
Junction City, OR is in the Corvallis, OR MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,857.
How much did fair market rent change in Junction City, OR for FY 2027?
The two-bedroom FMR rose 11.5%, from $1,480 in FY 2026 to $1,650 in FY 2027. Since FY 2023 it has risen 33.1%.
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