FY2027 Small Area FMR · Eugene, OR

ZIP 97401 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 97401 (Eugene, OR) is $1,650 a month, down 9.3% from FY2026. That is 7% above the Eugene-Springfield, OR area-wide FMR of $1,546.

2-bedroom SAFMR$1,650per month ▼ 9.3%

Area-wide 2 BR FMR$1,546Eugene-Springfield, OR

Rank in the area9thof 42 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,485

2 BR Small Area FMR$1,650

110% of SAFMR$1,815

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

Studio$1,240▼ 6.1%

1 BR$1,260▼ 9.4%

2 BR$1,650▼ 9.3%

3 BR$2,280▼ 9.9%

4 BR$2,760▼ 9.5%

FY2027 FY2026

Where 97401 sits in the Eugene-Springfield, OR area

Of the 42 ZIP codes HUD lists for the area, 97401 has the 9th highest two-bedroom Small Area FMR. Eugene-Springfield, 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 $1,546 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,650 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	$1,240	$1,116 – $1,364	$1,157	$1,320
1 bedroom	$1,260	$1,134 – $1,386	$1,182	$1,390
2 bedrooms	$1,650	$1,485 – $1,815	$1,546	$1,820
3 bedrooms	$2,280	$2,052 – $2,508	$2,141	$2,530
4 bedrooms	$2,760	$2,484 – $3,036	$2,584	$3,050

A household renting a two-bedroom home at the Small Area FMR of $1,650 needs about $66,000 a year to keep housing costs at 30% of income. The area median family income is $96,900 and the 80% low-income limit for four people is $78,700. ZIP code 97401 lies mainly in Lane County. See the Eugene-Springfield, OR county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
97403	Eugene	2.6 mi	$1,630
97477	Springfield	3.5 mi	$1,520
97404	Eugene	3.7 mi	$1,730
97408	Eugene	5.3 mi	$1,980
97402	Eugene	7.6 mi	$1,570
97405	Eugene	10.5 mi	$1,640

Questions

What is the Fair Market Rent for ZIP code 97401?

HUD's FY2027 Small Area Fair Market Rents for 97401 are $1,240 (studio), $1,260 (1 BR), $1,650 (2 BR), $2,280 (3 BR) and $2,760 (4 BR) a month.

What is the Section 8 payment standard in 97401?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 97401 that range is $1,485 to $1,815 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 97401?

The FY2026 income limits of the Eugene-Springfield, OR area apply: median family income $96,900, low-income (80%) limit $78,700 for a family of four.