97003
ZIPSAFMR
Washington County, OR
BRFMR
Eff. Rent
0 BR$1,770$1,440
1 BR$1,890$1,530
2 BR$2,170$1,950
3 BR$2,960$2,430
4 BR$3,510$2,820
5 BR$4,036
6 BR$4,642
7 BR$5,338
8 BR$6,139

Purchase Price Calculator

Maximum purchase price
$227,853

Cost breakdown

+Likely effective rent$1,950
HUD FMR$2,170
Market rentUsed$1,950
Est. payment standard (93%)$2,030
Market rent is below the inferred standard ($2,030, 93% of FMR).
-Principal and interest-$1,152
Loan amount$182,282
Down payment$45,571
Rate6.50%
Term30 years
-Operating costs-$598
Property taxes-$228
Insurance-$175
Utilities$0
HOA$0
Management-$195
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$31,250(68.6% ROI)
Projected value
$245,372
Current value$227,853
Return breakdown
Property appreciation+$17,520
Loan principal paid down+$6,531
Rental cash flow+$7,200
5-year hold
+$53,588(117.6% ROI)
Projected value
$257,794
Current value$227,853
Return breakdown
Property appreciation+$29,942
Loan principal paid down+$11,646
Rental cash flow+$12,000
10-year hold
+$115,568(253.6% ROI)
Projected value
$291,671
Current value$227,853
Return breakdown
Property appreciation+$63,818
Loan principal paid down+$27,750
Rental cash flow+$24,000

Upgrade to access AI-powered research tools

Upgrade

Rolodex

Upgrade to access AI-powered research tools

Upgrade

Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
1.23ratio
FMR$1,770
Market$1,440
vs market+$330

FMR is above market; underwrite to market rent.

90% standard$1,593 / 1.11 ratio110% standard$1,947 / 1.35 ratio
1.23
1 BR
1 BR
1.24ratio
FMR$1,890
Market$1,530
vs market+$360

FMR is above market; underwrite to market rent.

90% standard$1,701 / 1.11 ratio110% standard$2,079 / 1.36 ratio
1.24
2 BR
2 BR
1.11ratio
FMR$2,170
Market$1,950
vs market+$220

FMR is above market; underwrite to market rent.

90% standard$1,953 / 1.00 ratio110% standard$2,387 / 1.22 ratio
1.11
3 BR
3 BR
1.22ratio
FMR$2,960
Market$2,430
vs market+$530

FMR is above market; underwrite to market rent.

90% standard$2,664 / 1.10 ratio110% standard$3,256 / 1.34 ratio
1.22
4 BR
4 BR
1.24ratio
FMR$3,510
Market$2,820
vs market+$690

FMR is above market; underwrite to market rent.

90% standard$3,159 / 1.12 ratio110% standard$3,861 / 1.37 ratio
1.24
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents across all bedroom sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 97003 (OR) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

97003 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 97003 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,170 and the 4 bedroom fair market rent is $3,510.

Use this page for searches like 97003 FMR, 97003 fair market rent, and 97003 Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for 97003
Bedroom sizeHUD FMR
Studio$1,770
1 bedroom$1,890
2 bedroom$2,170
3 bedroom$2,960
4 bedroom$3,510