FMR is below market; voucher rent may lag private rents.
0.88
1 BR
1 BR- 97386
0.92ratio
FMR$1,330
Market$1,440
vs market-$110
FMR is near market; voucher and private rents are aligned.
0.92
2 BR
2 BR- 97386
0.92ratio
FMR$1,620
Market$1,770
vs market-$150
FMR is near market; voucher and private rents are aligned.
0.92
3 BR
3 BR- 97386
1.08ratio
FMR$2,230
Market$2,070
vs market+$160
FMR is near market; voucher and private rents are aligned.
1.08
4 BR
4 BR- 97386
1.14ratio
FMR$2,510
Market$2,200
vs market+$310
FMR is above market; underwrite to market rent.
1.14
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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Sweet Home, OR fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Sweet Home, OR is $1,620 a month. That is up 1.9% from $1,590 in FY 2026. Sweet Home is in the Albany, 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 $1,726. The median county two-bedroom FMR in Oregon is $1,325, so Sweet Home is 22% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Sweet Home, OR
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,100
$1,130
+2.7%
$1,017–$1,243
1BR
$1,310
$1,330
+1.5%
$1,197–$1,463
2BR
$1,590
$1,620
+1.9%
$1,458–$1,782
3BR
$2,150
$2,230
+3.7%
$2,007–$2,453
4BR
$2,500
$2,510
+0.4%
$2,259–$2,761
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Sweet Home, OR
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,130
$1,330
$1,620
$2,230
$2,510
FY 2026
$1,100
$1,310
$1,590
$2,150
$2,500
FY 2025
$930
$1,120
$1,360
$1,820
$2,140
FY 2024
$890
$1,060
$1,310
$1,770
$2,060
FY 2023
$840
$940
$1,190
$1,630
$1,900
Questions about Sweet Home, OR rents
How much will Section 8 pay for a two-bedroom in Sweet Home, OR?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,726, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,553 to $1,899 a month; under the ZIP-level Small Area FMR of $1,620 it would be $1,458 to $1,782. 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 Sweet Home, OR in?
Sweet Home, OR is in the Albany, OR MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,726.
How much did fair market rent change in Sweet Home, OR for FY 2027?
The two-bedroom FMR rose 1.9%, from $1,590 in FY 2026 to $1,620 in FY 2027. Since FY 2023 it has risen 36.1%.
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