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97143

ZIPFMR
Tillamook County, OR
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ZIP Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$915$915
1 BR$1,023$1,023
2 BR$1,301$1,301
3 BR$1,801$1,801
4 BR$2,015$2,015
5 BR$2,317Not available
6 BR$2,665Not available
7 BR$3,065Not available
8 BR$3,524Not available

Purchase Price Calculator

Maximum purchase price
$131,412

Cost breakdown

+Likely effective rent$1,301
HUD FMRUsed$1,301
Market rentN/A
Est. payment standardN/A
-Principal and interest-$664
Loan amount$105,129
Down payment$26,282
Rate6.50%
Term30 years
-Operating costs-$437
Property taxes-$131
Insurance-$175
Utilities$0
HOA$0
Management-$130
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$21,071(80.2% ROI)
Projected value
$141,516
Return breakdown
Property appreciation+$10,104
Loan principal paid down+$3,767
Rental cash flow+$7,200
5-year hold
+$35,985(136.9% ROI)
Projected value
$148,680
Return breakdown
Property appreciation+$17,269
Loan principal paid down+$6,717
Rental cash flow+$12,000
10-year hold
+$76,811(292.3% ROI)
Projected value
$168,218
Return breakdown
Property appreciation+$36,806
Loan principal paid down+$16,005
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
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Mortgage rate
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ZIP 97143 fair market rent, FY 2027

For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in ZIP 97143 (Tillamook County, OR) is $1,301 a month. Tillamook County is in the Tillamook County, OR non-metropolitan FMR area. One county-wide FMR applies to every ZIP code in it. The median county two-bedroom FMR in Oregon is $1,325, so ZIP 97143 is 2% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 97143
BedroomsFY 202790–110% range
Studio$915$824–$1,007
1BR$1,023$921–$1,125
2BR$1,301$1,171–$1,431
3BR$1,801$1,621–$1,981
4BR$2,015$1,814–$2,217

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 97143
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$915$1,023$1,301$1,801$2,015
FY 2026SAFMR$1,020$1,140$1,410$1,960$2,090
FY 2025SAFMR$910$1,000$1,250$1,750$1,870
FY 2024$832$919$1,173$1,653$1,809
FY 2023$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 ZIP 97143 rents

How much will Section 8 pay for a two-bedroom in ZIP 97143?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,301, that basic range is $1,171 to $1,431 a month. 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 97143 in?

ZIP 97143 is in the Tillamook County, OR non-metropolitan FMR area.

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 Fair Market Rents. 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