FY2027 Small Area FMR · Coos Bay, OR

ZIP 97420 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 97420 (Coos Bay, OR) is $1,140 a month, down 5.8% from FY2026. That is 3% below the Coos County, OR area-wide FMR of $1,173.

2-bedroom SAFMR$1,140per month ▼ 5.8%

Area-wide 2 BR FMR$1,173Coos County, OR

Rank in the area8thof 11 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,026

2 BR Small Area FMR$1,140

110% of SAFMR$1,254

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

Studio$860▼ 5.5%

1 BR$890▼ 5.3%

2 BR$1,140▼ 5.8%

3 BR$1,590▼ 5.4%

4 BR$1,910▼ 5.9%

FY2027 FY2026

Where 97420 sits in the Coos County, OR area

Of the 11 ZIP codes HUD lists for the area, 97420 has the 8th highest two-bedroom Small Area FMR. Coos County, 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 $1,173 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,140 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	$860	$774 – $946	$901	$910
1 bedroom	$890	$801 – $979	$933	$940
2 bedrooms	$1,140	$1,026 – $1,254	$1,173	$1,210
3 bedrooms	$1,590	$1,431 – $1,749	$1,624	$1,680
4 bedrooms	$1,910	$1,719 – $2,101	$1,961	$2,030

A household renting a two-bedroom home at the Small Area FMR of $1,140 needs about $45,600 a year to keep housing costs at 30% of income. The area median family income is $83,500 and the 80% low-income limit for four people is $66,900. ZIP code 97420 lies mainly in Coos County. See the Coos County, OR county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
97459	North Bend	9.5 mi	$1,190
97423	Coquille	11.0 mi	$1,420
97449	Lakeside	15.4 mi	$1,520
97458	Myrtle Point	21.8 mi	$1,140
97411	Bandon	22.1 mi	$1,340
97473	Scottsburg	26.1 mi	$1,150

Questions

What is the Fair Market Rent for ZIP code 97420?

HUD's FY2027 Small Area Fair Market Rents for 97420 are $860 (studio), $890 (1 BR), $1,140 (2 BR), $1,590 (3 BR) and $1,910 (4 BR) a month.

What is the Section 8 payment standard in 97420?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 97420 that range is $1,026 to $1,254 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 97420?

The FY2026 income limits of the Coos County, OR area apply: median family income $83,500, low-income (80%) limit $66,900 for a family of four.