FY2027 Small Area FMR · Tangent, OR

ZIP 97389 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 97389 (Tangent, OR) is $2,530 a month, up 5.4% from FY2026. That is 47% above the Albany, OR area-wide FMR of $1,726.

2-bedroom SAFMR$2,530per month ▲ 5.4%

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

Rank in the area2ndof 22 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,277

2 BR Small Area FMR$2,530

110% of SAFMR$2,783

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

Studio$1,760▲ 6.7%

1 BR$2,070▲ 4.5%

2 BR$2,530▲ 5.4%

3 BR$3,490▲ 7.4%

4 BR$3,920▲ 4.0%

FY2027 FY2026

Where 97389 sits in the Albany, OR area

Of the 22 ZIP codes HUD lists for the area, 97389 has the 2nd 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 $2,530 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	$1,760	$1,584 – $1,936	$1,202	$1,650
1 bedroom	$2,070	$1,863 – $2,277	$1,413	$1,980
2 bedrooms	$2,530	$2,277 – $2,783	$1,726	$2,400
3 bedrooms	$3,490	$3,141 – $3,839	$2,380	$3,250
4 bedrooms	$3,920	$3,528 – $4,312	$2,672	$3,770

A household renting a two-bedroom home at the Small Area FMR of $2,530 needs about $101,200 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 97389 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
97377	Shedd	4.9 mi	$2,320
97322	Albany	7.4 mi	$1,790
97321	Albany	8.6 mi	$1,720
97331	Corvallis	9.6 mi	$1,890
97348	Halsey	10.5 mi	$2,590
97333	Corvallis	11.0 mi	$1,900

Questions

What is the Fair Market Rent for ZIP code 97389?

HUD's FY2027 Small Area Fair Market Rents for 97389 are $1,760 (studio), $2,070 (1 BR), $2,530 (2 BR), $3,490 (3 BR) and $3,920 (4 BR) a month.

What is the Section 8 payment standard in 97389?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 97389 that range is $2,277 to $2,783 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 97389?

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.