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Lane County/Florence/97439

97439

ZIPSAFMR
Lane County, OR
Zillow

ZIP Investment Score

61Below average

095130300
BRFMR
Eff. Rent
0 BR$1,110$1,110
1 BR$1,160$1,160
2 BR$1,520$1,520
3 BR$2,120$2,120
4 BR$2,550$2,550
5 BR$2,933Not available
6 BR$3,372Not available
7 BR$3,878Not available
8 BR$4,460Not available

Purchase Price Calculator

Maximum purchase price
$163,955

Cost breakdown

+Likely effective rent$1,520
HUD FMRUsed$1,520
Market rentN/A
Est. payment standardN/A
-Principal and interest-$829
Loan amount$131,164
Down payment$32,791
Rate6.50%
Term30 years
-Operating costs-$491
Property taxes-$164
Insurance-$175
Utilities$0
HOA$0
Management-$152
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$24,506(74.7% ROI)
Projected value
$176,561
Return breakdown
Property appreciation+$12,607
Loan principal paid down+$4,699
Rental cash flow+$7,200
5-year hold
+$41,925(127.9% ROI)
Projected value
$185,500
Return breakdown
Property appreciation+$21,545
Loan principal paid down+$8,380
Rental cash flow+$12,000
10-year hold
+$89,889(274.1% ROI)
Projected value
$209,876
Return breakdown
Property appreciation+$45,921
Loan principal paid down+$19,968
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 97439 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 97439 (Florence, OR) is $1,520 a month. That is down 3.8% from $1,580 in FY 2026. Florence is in the Eugene-Springfield, OR MSA. 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 metro-wide two-bedroom FMR of $1,546. Among 42 ZIP codes in Lane County, 97439 is tied for the 29th-highest two-bedroom rent (county range $1,520–$2,320). The median county two-bedroom FMR in Oregon is $1,325, so ZIP 97439 is 15% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 97439
BedroomsFY 2027Change90–110% range
Studio$1,110−2.6%$999–$1,221
1BR$1,160−3.3%$1,044–$1,276
2BR$1,520−3.8%$1,368–$1,672
3BR$2,120−3.6%$1,908–$2,332
4BR$2,550−3.8%$2,295–$2,805

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 97439
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,110$1,160$1,520$2,120$2,550
FY 2026$1,140$1,200$1,580$2,200$2,650
FY 2025$1,020$1,100$1,440$2,020$2,420
FY 2024$930$1,040$1,360$1,920$2,310
FY 2023$890$1,010$1,330$1,890$2,270

Two-bedroom rent in nearby Lane County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 97439
97426$1,530+0.7%
97430$1,5200.0%
97431$2,310+52.0%
97434$1,5200.0%
97437$1,570+3.3%
97438$2,320+52.6%
97439Current$1,520—
97440$1,550+2.0%
97446$1,550+2.0%
97448$1,650+8.6%
97451$1,5200.0%
97452$1,5200.0%

Questions about ZIP 97439 rents

How much will Section 8 pay for a two-bedroom in ZIP 97439?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,546, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,391 to $1,701 a month; under the ZIP-level Small Area FMR of $1,520 it would be $1,368 to $1,672. 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 97439 in?

ZIP 97439 is in the Eugene-Springfield, OR MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,546.

How much did fair market rent change in ZIP 97439 for FY 2027?

The two-bedroom FMR fell 3.8%, from $1,580 in FY 2026 to $1,520 in FY 2027. Since FY 2023 it has risen 14.3%.

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