FY2027 Small Area FMR · Cascadia, OR

ZIP 97329 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 97329 (Cascadia, OR) is $1,590 a month, down 0.6% from FY2026. That is 8% below the Albany, OR area-wide FMR of $1,726.

2-bedroom SAFMR$1,590per month ▼ 0.6%

Area-wide 2 BR FMR$1,726Albany, OR

Rank in the area17thof 22 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,431

2 BR Small Area FMR$1,590

110% of SAFMR$1,749

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$1,210▼ 0.8%

1 BR$1,260▲ 2.4%

2 BR$1,590▼ 0.6%

3 BR$2,200▼ 1.3%

4 BR$2,650▼ 1.1%

FY2027 FY2026

Where 97329 sits in the Albany, OR area

Of the 22 ZIP codes HUD lists for the area, 97329 has the 17th highest two-bedroom Small Area FMR. Albany, OR is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,726 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,590 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,210	$1,089 – $1,331	$1,202	$1,220
1 bedroom	$1,260	$1,134 – $1,386	$1,413	$1,230
2 bedrooms	$1,590	$1,431 – $1,749	$1,726	$1,600
3 bedrooms	$2,200	$1,980 – $2,420	$2,380	$2,230
4 bedrooms	$2,650	$2,385 – $2,915	$2,672	$2,680

A household renting a two-bedroom home at the Small Area FMR of $1,590 needs about $63,600 a year to keep housing costs at 30% of income. The area median family income is $97,300 and the 80% low-income limit for four people is $79,050. ZIP code 97329 lies mainly in Linn County. See the Albany, OR county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
97345	Foster	9.6 mi	$1,660
97386	Sweet Home	17.3 mi	$1,620
97488	Vida	19.6 mi	$1,550
97489	Walterville	20.6 mi	$1,570
97355	Lebanon	23.1 mi	$1,740
97336	Crawfordsville	23.3 mi	$1,660

Questions

What is the Fair Market Rent for ZIP code 97329?

HUD's FY2027 Small Area Fair Market Rents for 97329 are $1,210 (studio), $1,260 (1 BR), $1,590 (2 BR), $2,200 (3 BR) and $2,650 (4 BR) a month.

What is the Section 8 payment standard in 97329?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 97329 that range is $1,431 to $1,749 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 97329?

The FY2026 income limits of the Albany, OR area apply: median family income $97,300, low-income (80%) limit $79,050 for a family of four.