97281
ZIPSAFMR
Washington County, OR
BRFMR
Eff. Rent
0 BR$1,670$1,350
1 BR$1,780$1,670
2 BR$2,040$1,930
3 BR$2,780$2,400
4 BR$3,300$2,800
5 BR$3,795
6 BR$4,364
7 BR$5,019
8 BR$5,772

Purchase Price Calculator

Maximum purchase price
$224,881

Cost breakdown

+Likely effective rent$1,930
HUD FMR$2,040
Market rentUsed$1,930
Est. payment standard (96%)$1,970
Market rent is below the inferred standard ($1,970, 96% of FMR).
-Principal and interest-$1,137
Loan amount$179,905
Down payment$44,976
Rate6.50%
Term30 years
-Operating costs-$593
Property taxes-$225
Insurance-$175
Utilities$0
HOA$0
Management-$193
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$30,937(68.8% ROI)
Projected value
$242,172
Current value$224,881
Return breakdown
Property appreciation+$17,291
Loan principal paid down+$6,446
Rental cash flow+$7,200
5-year hold
+$53,045(117.9% ROI)
Projected value
$254,432
Current value$224,881
Return breakdown
Property appreciation+$29,551
Loan principal paid down+$11,494
Rental cash flow+$12,000
10-year hold
+$114,374(254.3% ROI)
Projected value
$287,866
Current value$224,881
Return breakdown
Property appreciation+$62,986
Loan principal paid down+$27,388
Rental cash flow+$24,000

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Market Alignment

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

Studio
Studio
1.24ratio
FMR$1,670
Market$1,350
vs market+$320

FMR is above market; underwrite to market rent.

90% standard$1,503 / 1.11 ratio110% standard$1,837 / 1.36 ratio
1.24
1 BR
1 BR
1.07ratio
FMR$1,780
Market$1,670
vs market+$110

FMR is near market; voucher and private rents are aligned.

90% standard$1,602 / 0.96 ratio110% standard$1,958 / 1.17 ratio
1.07
2 BR
2 BR
1.06ratio
FMR$2,040
Market$1,930
vs market+$110

FMR is near market; voucher and private rents are aligned.

90% standard$1,836 / 0.95 ratio110% standard$2,244 / 1.16 ratio
1.06
3 BR
3 BR
1.16ratio
FMR$2,780
Market$2,400
vs market+$380

FMR is above market; underwrite to market rent.

90% standard$2,502 / 1.04 ratio110% standard$3,058 / 1.27 ratio
1.16
4 BR
4 BR
1.18ratio
FMR$3,300
Market$2,800
vs market+$500

FMR is above market; underwrite to market rent.

90% standard$2,970 / 1.06 ratio110% standard$3,630 / 1.30 ratio
1.18
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger unit 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 97281 (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.

97281 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 97281 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,040 and the 4 bedroom fair market rent is $3,300.

Use this page for searches like 97281 FMR, 97281 fair market rent, and 97281 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 97281
Bedroom sizeHUD FMR
Studio$1,670
1 bedroom$1,780
2 bedroom$2,040
3 bedroom$2,780
4 bedroom$3,300