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OR/Lincoln County/Otter Rock

Otter Rock, OR

CitySAFMR
Lincoln County
Found 1 ZIP

City Median Investment Score

49Below average

095130300
BRFMR
Eff. Rent
0 BR$1,120$1,120
1 BR$1,130$1,240
2 BR$1,480$1,630
3 BR$2,000$1,990
4 BR$2,470$1,980
5 BR$2,841Not available
6 BR$3,267Not available
7 BR$3,757Not available
8 BR$4,320Not available

Purchase Price Calculator

Maximum purchase price
$180,301

Cost breakdown

+Likely effective rent$1,630
HUD FMR$1,480
Market rent$1,800
Est. payment standard (110%)Used$1,630
-Principal and interest-$912
Loan amount$144,241
Down payment$36,060
Rate6.50%
Term30 years
-Operating costs-$518
Property taxes-$180
Insurance-$175
Utilities$0
HOA$0
Management-$163
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$26,231(72.7% ROI)
Projected value
$194,164
Return breakdown
Property appreciation+$13,863
Loan principal paid down+$5,168
Rental cash flow+$7,200
5-year hold
+$44,909(124.5% ROI)
Projected value
$203,994
Return breakdown
Property appreciation+$23,693
Loan principal paid down+$9,216
Rental cash flow+$12,000
10-year hold
+$96,458(267.5% ROI)
Projected value
$230,800
Return breakdown
Property appreciation+$50,499
Loan principal paid down+$21,959
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

1 BR
0.68
2 BR
0.82
3 BR
1.01
4 BR
1.25
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Otter Rock, OR fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Otter Rock, OR is $1,480 a month. That is down 2.0% from $1,510 in FY 2026. Otter Rock is in the Lincoln 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 $1,400. The median county two-bedroom FMR in Oregon is $1,325, so Otter Rock is 12% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Otter Rock, OR
BedroomsFY 2027Change90–110% range
Studio$1,120−2.6%$1,008–$1,232
1BR$1,130−2.6%$1,017–$1,243
2BR$1,480−2.0%$1,332–$1,628
3BR$2,000−4.3%$1,800–$2,200
4BR$2,470−2.8%$2,223–$2,717

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Otter Rock, OR
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,120$1,130$1,480$2,000$2,470
FY 2026$1,150$1,160$1,510$2,090$2,540
FY 2025$990$1,010$1,330$1,860$2,230
FY 2024area FMR$928$972$1,274$1,782$2,162
FY 2023area FMR$800$903$1,163$1,634$1,981

Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.

Questions about Otter Rock, OR rents

How much will Section 8 pay for a two-bedroom in Otter Rock, OR?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,400, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,260 to $1,540 a month; under the ZIP-level Small Area FMR of $1,480 it would be $1,332 to $1,628. 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 Otter Rock, OR in?

Otter Rock, OR is in the Lincoln County, OR non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,400.

How much did fair market rent change in Otter Rock, OR for FY 2027?

The two-bedroom FMR fell 2.0%, from $1,510 in FY 2026 to $1,480 in FY 2027. Since FY 2025 it has risen 11.3%.

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