FMR is below market; voucher rent may lag private rents.
0.72
1 BR
1 BR
0.79ratio
FMR$1,440
Market$1,820
vs market-$380
FMR is below market; voucher rent may lag private rents.
0.79
2 BR
2 BR
0.87ratio
FMR$1,890
Market$2,170
vs market-$280
FMR is below market; voucher rent may lag private rents.
0.87
3 BR
3 BR
1.01ratio
FMR$2,620
Market$2,590
vs market+$30
FMR is near market; voucher and private rents are aligned.
1.01
4 BR
4 BR
1.09ratio
FMR$3,160
Market$2,890
vs market+$270
FMR is near market; voucher and private rents are aligned.
1.09
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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ZIP 97044 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 97044 (Odell, OR) is $1,890 a month. That is up 0.5% from $1,880 in FY 2026. Odell is in the Hood River 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 $1,888. Among 4 ZIP codes in Hood River County, 97044 has the 3rd-highest two-bedroom rent (county range $1,700–$1,950). The median county two-bedroom FMR in Oregon is $1,325, so ZIP 97044 is 43% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 97044
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,310
$1,340
+2.3%
$1,206–$1,474
1BR
$1,430
$1,440
+0.7%
$1,296–$1,584
2BR
$1,880
$1,890
+0.5%
$1,701–$2,079
3BR
$2,610
$2,620
+0.4%
$2,358–$2,882
4BR
$3,150
$3,160
+0.3%
$2,844–$3,476
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 97044
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,340
$1,440
$1,890
$2,620
$3,160
FY 2026
$1,310
$1,430
$1,880
$2,610
$3,150
FY 2025
$1,290
$1,430
$1,880
$2,630
$3,160
FY 2024area FMR
$1,236
$1,388
$1,824
$2,570
$3,095
FY 2023area FMR
$1,147
$1,304
$1,716
$2,439
$2,923
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Two-bedroom rent in nearby Hood River County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 97044?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,888, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,699 to $2,077 a month; under the ZIP-level Small Area FMR of $1,890 it would be $1,701 to $2,079. 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 ZIP 97044 in?
ZIP 97044 is in the Hood River County, OR non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,888.
How much did fair market rent change in ZIP 97044 for FY 2027?
The two-bedroom FMR rose 0.5%, from $1,880 in FY 2026 to $1,890 in FY 2027. Since FY 2025 it has risen 0.5%.
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