FY2027 Small Area FMR · Eugene, OR

ZIP 97403 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 97403 (Eugene, OR) is $1,630 a month, down 9.9% from FY2026. That is 5% above the Eugene-Springfield, OR area-wide FMR of $1,546.

2-bedroom SAFMR$1,630per month ▼ 9.9%

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

Rank in the area13thof 42 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,467

2 BR Small Area FMR$1,630

110% of SAFMR$1,793

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

Studio$1,210▼ 7.6%

1 BR$1,250▼ 9.4%

2 BR$1,630▼ 9.9%

3 BR$2,270▼ 9.9%

4 BR$2,740▼ 9.9%

FY2027 FY2026

Where 97403 sits in the Eugene-Springfield, OR area

Of the 42 ZIP codes HUD lists for the area, 97403 has the 13th 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 $1,630 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	$1,210	$1,089 – $1,331	$1,157	$1,310
1 bedroom	$1,250	$1,125 – $1,375	$1,182	$1,380
2 bedrooms	$1,630	$1,467 – $1,793	$1,546	$1,810
3 bedrooms	$2,270	$2,043 – $2,497	$2,141	$2,520
4 bedrooms	$2,740	$2,466 – $3,014	$2,584	$3,040

A household renting a two-bedroom home at the Small Area FMR of $1,630 needs about $65,200 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 97403 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
97477	Springfield	2.6 mi	$1,520
97401	Eugene	2.6 mi	$1,650
97404	Eugene	6.2 mi	$1,730
97408	Eugene	7.4 mi	$1,980
97455	Pleasant Hill	8.1 mi	$1,810
97402	Eugene	8.9 mi	$1,570

Questions

What is the Fair Market Rent for ZIP code 97403?

HUD's FY2027 Small Area Fair Market Rents for 97403 are $1,210 (studio), $1,250 (1 BR), $1,630 (2 BR), $2,270 (3 BR) and $2,740 (4 BR) a month.

What is the Section 8 payment standard in 97403?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 97403 that range is $1,467 to $1,793 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 97403?

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.