FY2027 Small Area FMR · Detroit, OR

ZIP 97342 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 97342 (Detroit, OR) is $1,730 a month, down 9.9% from FY2026. That is 2% above the Salem, OR area-wide FMR of $1,692.

2-bedroom SAFMR$1,730per month ▼ 9.9%

Area-wide 2 BR FMR$1,692Salem, OR

Rank in the area18thof 42 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,557

2 BR Small Area FMR$1,730

110% of SAFMR$1,903

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

Studio$1,260▼ 9.4%

1 BR$1,390▼ 9.7%

2 BR$1,730▼ 9.9%

3 BR$2,380▼ 9.8%

4 BR$2,680▼ 9.8%

FY2027 FY2026

Where 97342 sits in the Salem, OR area

Of the 42 ZIP codes HUD lists for the area, 97342 has the 18th highest two-bedroom Small Area FMR. Salem, 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 $1,692 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,730 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	$1,260	$1,134 – $1,386	$1,285	$1,390
1 bedroom	$1,390	$1,251 – $1,529	$1,294	$1,540
2 bedrooms	$1,730	$1,557 – $1,903	$1,692	$1,920
3 bedrooms	$2,380	$2,142 – $2,618	$2,341	$2,640
4 bedrooms	$2,680	$2,412 – $2,948	$2,564	$2,970

A household renting a two-bedroom home at the Small Area FMR of $1,730 needs about $69,200 a year to keep housing costs at 30% of income. The area median family income is $103,400 and the 80% low-income limit for four people is $81,450. ZIP code 97342 lies mainly in Marion County. See the Salem, OR metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
97350	Idanha	7.5 mi	$1,760
97759	Sisters	16.5 mi	$1,610
97730	Camp Sherman	19.9 mi	$1,820
97346	Gates	23.6 mi	$1,530
97358	Lyons	26.6 mi	$1,620
97734	Culver	29.9 mi	$1,300

Questions

What is the Fair Market Rent for ZIP code 97342?

HUD's FY2027 Small Area Fair Market Rents for 97342 are $1,260 (studio), $1,390 (1 BR), $1,730 (2 BR), $2,380 (3 BR) and $2,680 (4 BR) a month.

What is the Section 8 payment standard in 97342?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 97342 that range is $1,557 to $1,903 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 97342?

The FY2026 income limits of the Salem, OR area apply: median family income $103,400, low-income (80%) limit $81,450 for a family of four.