FMR is below market; voucher rent may lag private rents.
0.58
1 BR
1 BR- 97368
0.57ratio
FMR$1,030
Market$1,820
vs market-$790
FMR is below market; voucher rent may lag private rents.
0.57
2 BR
2 BR- 97368
0.68ratio
FMR$1,340
Market$1,960
vs market-$620
FMR is below market; voucher rent may lag private rents.
0.68
3 BR
3 BR- 97368
0.76ratio
FMR$1,840
Market$2,430
vs market-$590
FMR is below market; voucher rent may lag private rents.
0.76
4 BR
4 BR- 97368
0.87ratio
FMR$2,240
Market$2,580
vs market-$340
FMR is below market; voucher rent may lag private rents.
0.87
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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Otis, OR fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Otis, OR is $1,340 a month. That is down 5.0% from $1,410 in FY 2026. Otis is in the Tillamook County, OR non-metropolitan FMR area. 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 county-wide two-bedroom FMR of $1,301. The median county two-bedroom FMR in Oregon is $1,325, so Otis is 1% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Otis, OR
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,070
$1,010
−5.6%
$909–$1,111
1BR
$1,070
$1,030
−3.7%
$927–$1,133
2BR
$1,410
$1,340
−5.0%
$1,206–$1,474
3BR
$1,950
$1,840
−5.6%
$1,656–$2,024
4BR
$2,370
$2,240
−5.5%
$2,016–$2,464
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Otis, OR
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,010
$1,030
$1,340
$1,840
$2,240
FY 2026
$1,070
$1,070
$1,410
$1,950
$2,370
FY 2025
$960
$980
$1,290
$1,800
$2,160
FY 2024area FMR
$832
$919
$1,173
$1,653
$1,809
FY 2023area FMR
$753
$832
$1,095
$1,556
$1,827
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Otis, OR rents
How much will Section 8 pay for a two-bedroom in Otis, OR?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,301, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,171 to $1,431 a month; under the ZIP-level Small Area FMR of $1,340 it would be $1,206 to $1,474. 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 Otis, OR in?
Otis, OR is in the Tillamook County, OR non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,301.
How much did fair market rent change in Otis, OR for FY 2027?
The two-bedroom FMR fell 5.0%, from $1,410 in FY 2026 to $1,340 in FY 2027. Since FY 2025 it has risen 3.9%.
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