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Deschutes County/Terrebonne/97760

97760

ZIPSAFMR
Deschutes County, OR
Zillow

ZIP Investment Score

54Below average

095130300
BRFMR
Eff. Rent
0 BR$1,330$1,450
1 BR$1,340$1,470
2 BR$1,760$1,940
3 BR$2,430$2,380
4 BR$2,850$2,720
5 BR$3,277Not available
6 BR$3,769Not available
7 BR$4,334Not available
8 BR$4,985Not available

Purchase Price Calculator

Maximum purchase price
$226,367

Cost breakdown

+Likely effective rent$1,940
HUD FMR$1,760
Market rent$2,120
Est. payment standard (110%)Used$1,940
-Principal and interest-$1,145
Loan amount$181,093
Down payment$45,273
Rate6.50%
Term30 years
-Operating costs-$595
Property taxes-$226
Insurance-$175
Utilities$0
HOA$0
Management-$194
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$31,094(68.7% ROI)
Projected value
$243,772
Return breakdown
Property appreciation+$17,405
Loan principal paid down+$6,488
Rental cash flow+$7,200
5-year hold
+$53,317(117.8% ROI)
Projected value
$256,113
Return breakdown
Property appreciation+$29,746
Loan principal paid down+$11,570
Rental cash flow+$12,000
10-year hold
+$114,971(253.9% ROI)
Projected value
$289,769
Return breakdown
Property appreciation+$63,402
Loan principal paid down+$27,569
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.88
1 BR
0.72
2 BR
0.83
3 BR
1.02
4 BR
1.05
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 97760 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 97760 (Terrebonne, OR) is $1,760 a month. That is up 8.6% from $1,620 in FY 2026. Terrebonne is in the Bend-Redmond, OR HUD Metro 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 metro-wide two-bedroom FMR of $1,893. Among 11 ZIP codes in Deschutes County, 97760 has the 7th-highest two-bedroom rent (county range $1,610–$2,350). The median county two-bedroom FMR in Oregon is $1,325, so ZIP 97760 is 33% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 97760
BedroomsFY 2027Change90–110% range
Studio$1,330+7.3%$1,197–$1,463
1BR$1,340+8.1%$1,206–$1,474
2BR$1,760+8.6%$1,584–$1,936
3BR$2,430+8.0%$2,187–$2,673
4BR$2,850+10.5%$2,565–$3,135

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 97760
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,330$1,340$1,760$2,430$2,850
FY 2026$1,240$1,240$1,620$2,250$2,580
FY 2025$1,010$1,160$1,470$2,060$2,480
FY 2024$940$1,080$1,370$1,930$2,320
FY 2023$880$1,040$1,310$1,860$2,230

Two-bedroom rent in nearby Deschutes County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 97760
97701$1,830+4.0%
97702$2,050+16.5%
97703$2,040+15.9%
97707$2,350+33.5%
97708$1,890+7.4%
97709$1,890+7.4%
97712$1,610−8.5%
97739$1,610−8.5%
97756$1,690−4.0%
97759$1,610−8.5%
97760Current$1,760—

Questions about ZIP 97760 rents

How much will Section 8 pay for a two-bedroom in ZIP 97760?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,893, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,704 to $2,082 a month; under the ZIP-level Small Area FMR of $1,760 it would be $1,584 to $1,936. 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 97760 in?

ZIP 97760 is in the Bend-Redmond, OR HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,893.

How much did fair market rent change in ZIP 97760 for FY 2027?

The two-bedroom FMR rose 8.6%, from $1,620 in FY 2026 to $1,760 in FY 2027. Since FY 2023 it has risen 34.4%.

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