Skip to main content
Loading page
Coos County/Bandon/97411

97411

ZIPSAFMR
Coos County, OR
Zillow

ZIP Investment Score

51Below average

095130300
BRFMR
Eff. Rent
0 BR$1,000$1,100
1 BR$1,040$1,140
2 BR$1,340$1,470
3 BR$1,860$2,040
4 BR$2,240$2,280
5 BR$2,576Not available
6 BR$2,962Not available
7 BR$3,407Not available
8 BR$3,918Not available

Purchase Price Calculator

Maximum purchase price
$156,525

Cost breakdown

+Likely effective rent$1,470
HUD FMR$1,340
Market rent$1,880
Est. payment standard (110%)Used$1,470
-Principal and interest-$791
Loan amount$125,220
Down payment$31,305
Rate6.50%
Term30 years
-Operating costs-$479
Property taxes-$157
Insurance-$175
Utilities$0
HOA$0
Management-$147
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$23,722(75.8% ROI)
Projected value
$168,560
Return breakdown
Property appreciation+$12,035
Loan principal paid down+$4,486
Rental cash flow+$7,200
5-year hold
+$40,569(129.6% ROI)
Projected value
$177,094
Return breakdown
Property appreciation+$20,569
Loan principal paid down+$8,000
Rental cash flow+$12,000
10-year hold
+$86,904(277.6% ROI)
Projected value
$200,365
Return breakdown
Property appreciation+$43,840
Loan principal paid down+$19,063
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

Market Alignment

Studio
0.60
1 BR
0.60
2 BR
0.71
3 BR
0.87
4 BR
0.97
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 97411 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 97411 (Bandon, OR) is $1,340 a month. That is down 9.5% from $1,480 in FY 2026. Bandon is in the Coos 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 $1,173. Among 10 ZIP codes in Coos County, 97411 is tied for the 3rd-highest two-bedroom rent (county range $1,140–$1,520). The median county two-bedroom FMR in Oregon is $1,325, so ZIP 97411 is 1% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 97411
BedroomsFY 2027Change90–110% range
Studio$1,000−9.9%$900–$1,100
1BR$1,040−9.6%$936–$1,144
2BR$1,340−9.5%$1,206–$1,474
3BR$1,860−9.7%$1,674–$2,046
4BR$2,240−9.7%$2,016–$2,464

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 97411
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,000$1,040$1,340$1,860$2,240
FY 2026$1,110$1,150$1,480$2,060$2,480
FY 2025$1,040$1,110$1,420$1,990$2,380
FY 2024area FMR$756$829$1,075$1,515$1,802
FY 2023area FMR$675$785$1,010$1,435$1,706

Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.

Two-bedroom rent in nearby Coos County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 97411
97407$1,170−12.7%
97411Current$1,340—
97414$1,140−14.9%
97420$1,140−14.9%
97423$1,420+6.0%
97449$1,520+13.4%
97450$1,3400.0%
97458$1,140−14.9%
97459$1,190−11.2%
97466$1,140−14.9%

Questions about ZIP 97411 rents

How much will Section 8 pay for a two-bedroom in ZIP 97411?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,173, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,056 to $1,290 a month; under the ZIP-level Small Area FMR of $1,340 it would be $1,206 to $1,474. 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 97411 in?

ZIP 97411 is in the Coos County, OR non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,173.

How much did fair market rent change in ZIP 97411 for FY 2027?

The two-bedroom FMR fell 9.5%, from $1,480 in FY 2026 to $1,340 in FY 2027. Since FY 2025 it has fallen 5.6%.

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

County fair market rentBandon, OR fair market rentOR statewide rentsWhat is SAFMR?Data sources