FY2027 Small Area FMR · Sweet Home, OR

ZIP 97386 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 97386 (Sweet Home, OR) is $1,620 a month, up 1.9% from FY2026. That is 6% below the Albany, OR area-wide FMR of $1,726.

2-bedroom SAFMR$1,620per month ▲ 1.9%

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

Rank in the area14thof 22 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,458

2 BR Small Area FMR$1,620

110% of SAFMR$1,782

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

Studio$1,130▲ 2.7%

1 BR$1,330▲ 1.5%

2 BR$1,620▲ 1.9%

3 BR$2,230▲ 3.7%

4 BR$2,510▲ 0.4%

FY2027 FY2026

Where 97386 sits in the Albany, OR area

Of the 22 ZIP codes HUD lists for the area, 97386 has the 14th 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 $1,620 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	$1,130	$1,017 – $1,243	$1,202	$1,100
1 bedroom	$1,330	$1,197 – $1,463	$1,413	$1,310
2 bedrooms	$1,620	$1,458 – $1,782	$1,726	$1,590
3 bedrooms	$2,230	$2,007 – $2,453	$2,380	$2,150
4 bedrooms	$2,510	$2,259 – $2,761	$2,672	$2,500

A household renting a two-bedroom home at the Small Area FMR of $1,620 needs about $64,800 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 97386 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
97336	Crawfordsville	6.1 mi	$1,660
97345	Foster	8.2 mi	$1,660
97454	Marcola	10.6 mi	$1,620
97327	Brownsville	10.9 mi	$1,760
97355	Lebanon	12.8 mi	$1,740
97489	Walterville	14.4 mi	$1,570

Questions

What is the Fair Market Rent for ZIP code 97386?

HUD's FY2027 Small Area Fair Market Rents for 97386 are $1,130 (studio), $1,330 (1 BR), $1,620 (2 BR), $2,230 (3 BR) and $2,510 (4 BR) a month.

What is the Section 8 payment standard in 97386?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 97386 that range is $1,458 to $1,782 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 97386?

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.