FY2027 Small Area FMR · Scio, OR

ZIP 97374 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 97374 (Scio, OR) is $1,700 a month, up 0.6% from FY2026. That is 2% below the Albany, OR area-wide FMR of $1,726.

2-bedroom SAFMR$1,700per month ▲ 0.6%

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

Rank in the area11thof 22 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,530

2 BR Small Area FMR$1,700

110% of SAFMR$1,870

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

Studio$1,180▲ 0.9%

1 BR$1,390■ 0.0%

2 BR$1,700▲ 0.6%

3 BR$2,340▲ 2.2%

4 BR$2,630▼ 0.8%

FY2027 FY2026

Where 97374 sits in the Albany, OR area

Of the 22 ZIP codes HUD lists for the area, 97374 has the 11th 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 $1,700 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	$1,180	$1,062 – $1,298	$1,202	$1,170
1 bedroom	$1,390	$1,251 – $1,529	$1,413	$1,390
2 bedrooms	$1,700	$1,530 – $1,870	$1,726	$1,690
3 bedrooms	$2,340	$2,106 – $2,574	$2,380	$2,290
4 bedrooms	$2,630	$2,367 – $2,893	$2,672	$2,650

A household renting a two-bedroom home at the Small Area FMR of $1,700 needs about $68,000 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 97374 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
97335	Crabtree	6.3 mi	$1,720
97383	Stayton	8.6 mi	$1,530
97355	Lebanon	10.1 mi	$1,740
97392	Turner	11.1 mi	$1,530
97384	Mehama	11.1 mi	$1,700
97325	Aumsville	11.5 mi	$2,110

Questions

What is the Fair Market Rent for ZIP code 97374?

HUD's FY2027 Small Area Fair Market Rents for 97374 are $1,180 (studio), $1,390 (1 BR), $1,700 (2 BR), $2,340 (3 BR) and $2,630 (4 BR) a month.

What is the Section 8 payment standard in 97374?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 97374 that range is $1,530 to $1,870 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 97374?

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.