Jackson County/Central Point/97502

97502

ZIPSAFMR

Jackson County, OR

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ZIP Investment Score

64Below average

095130300

BR	FMR	Eff. Rent	3Y CAGR
0 BR	$1,100	$1,210	2.9%
1 BR	$1,270	$1,350	4.0%
2 BR	$1,570	$1,570	1.8%
3 BR	$2,170	$2,110	1.1%
4 BR	$2,590	$2,390	0.9%
5 BR	$2,978	Not available	0.9%
6 BR	$3,425	Not available	0.9%
7 BR	$3,939	Not available	0.9%
8 BR	$4,530	Not available	0.9%

Purchase Price Calculator

Maximum purchase price

$171,385

Cost breakdown

+Likely effective rent$1,570

HUD FMR$1,570

Market rent$1,570

Est. payment standard (100%)Used$1,570

-Principal and interest-$867

Loan amount$137,108

Down payment$34,277

Rate6.50%

Term30 years

-Operating costs-$503

Property taxes-$171

Insurance-$175

Utilities$0

HOA$0

Management-$157

=Target cash flow+$200

Calculation mode

BedroomsCash-flow target

Down payment methodDown payment %

HOA / mo

Utilities methodUtilities amount

Management methodManagement % of rent

Hold period projections

Annual appreciation rate

3-year hold

+$25,290(73.8% ROI)

Projected value

$184,563

Return breakdown

Property appreciation+$13,178

Loan principal paid down+$4,912

Rental cash flow+$7,200

5-year hold

+$43,281(126.3% ROI)

Projected value

$193,906

Return breakdown

Property appreciation+$22,521

Loan principal paid down+$8,760

Rental cash flow+$12,000

10-year hold

+$92,875(271.0% ROI)

Projected value

$219,387

Return breakdown

Property appreciation+$48,002

Loan principal paid down+$20,873

Rental cash flow+$24,000

Public Housing Authority

Rolodex

Market Alignment

Studio

0.85ratio

FMR$1,100

Market$1,290

vs market-$190

FMR is below market; voucher rent may lag private rents.

0.85

1 BR

0.91ratio

FMR$1,270

Market$1,400

vs market-$130

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

0.91

2 BR

1.00ratio

FMR$1,570

Market$1,570

vs market+$0

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

1.00

3 BR

1.03ratio

FMR$2,170

Market$2,110

vs market+$60

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

1.03

4 BR

1.08ratio

FMR$2,590

Market$2,390

vs market+$200

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

1.08

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: --

ZIP 97502 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 97502 (Central Point, OR) is $1,570 a month. That is down 2.5% from $1,610 in FY 2026. Central Point is in the Medford, 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 $1,539. Among 18 ZIP codes in Jackson County, 97502 has the 5th-highest two-bedroom rent (county range $1,380–$2,000). The median county two-bedroom FMR in Oregon is $1,325, so ZIP 97502 is 19% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 97502
Bedrooms	FY 2026	FY 2027	Change	90–110% range
Studio	$1,110	$1,100	−0.9%	$990–$1,210
1BR	$1,290	$1,270	−1.6%	$1,143–$1,397
2BR	$1,610	$1,570	−2.5%	$1,413–$1,727
3BR	$2,240	$2,170	−3.1%	$1,953–$2,387
4BR	$2,650	$2,590	−2.3%	$2,331–$2,849

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 97502
Fiscal year	Studio	1BR	2BR	3BR	4BR
FY 2027	$1,100	$1,270	$1,570	$2,170	$2,590
FY 2026	$1,110	$1,290	$1,610	$2,240	$2,650
FY 2025	$1,070	$1,220	$1,560	$2,190	$2,580
FY 2024	$1,010	$1,130	$1,490	$2,100	$2,520
FY 2023	$900	$1,030	$1,350	$1,920	$2,300

Two-bedroom rent in nearby Jackson County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code	2 bedroom	vs. 97502
97497	$1,380	−12.1%
97501	$1,530	−2.5%
97502Current	$1,570	—
97503	$1,500	−4.5%
97504	$1,580	+0.6%
97520	$1,610	+2.5%
97522	$1,380	−12.1%
97524	$1,450	−7.6%
97525	$1,410	−10.2%
97526	$1,380	−12.1%
97527	$1,520	−3.2%
97530	$2,000	+27.4%

Questions about ZIP 97502 rents

How much will Section 8 pay for a two-bedroom in ZIP 97502?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,539, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,385 to $1,693 a month; under the ZIP-level Small Area FMR of $1,570 it would be $1,413 to $1,727. 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 97502 in?

ZIP 97502 is in the Medford, OR MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,539.

How much did fair market rent change in ZIP 97502 for FY 2027?

The two-bedroom FMR fell 2.5%, from $1,610 in FY 2026 to $1,570 in FY 2027. Since FY 2023 it has risen 16.3%.

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 rent Central Point, OR fair market rent OR statewide rents What is SAFMR?Data sources