FY2027 Small Area FMR · Dexter, OR

ZIP 97431 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 97431 (Dexter, OR) is $2,310 a month, down 8.7% from FY2026. That is 49% above the Eugene-Springfield, OR area-wide FMR of $1,546.

2-bedroom SAFMR$2,310per month ▼ 8.7%

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

Rank in the area2ndof 42 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,079

2 BR Small Area FMR$2,310

110% of SAFMR$2,541

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

Studio$1,730▼ 5.5%

1 BR$1,770▼ 8.3%

2 BR$2,310▼ 8.7%

3 BR$3,200▼ 9.1%

4 BR$3,860▼ 9.0%

FY2027 FY2026

Where 97431 sits in the Eugene-Springfield, OR area

Of the 42 ZIP codes HUD lists for the area, 97431 has the 2nd 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 $2,310 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	$1,730	$1,557 – $1,903	$1,157	$1,830
1 bedroom	$1,770	$1,593 – $1,947	$1,182	$1,930
2 bedrooms	$2,310	$2,079 – $2,541	$1,546	$2,530
3 bedrooms	$3,200	$2,880 – $3,520	$2,141	$3,520
4 bedrooms	$3,860	$3,474 – $4,246	$2,584	$4,240

A household renting a two-bedroom home at the Small Area FMR of $2,310 needs about $92,400 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 97431 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
97452	Lowell	4.6 mi	$1,520
97455	Pleasant Hill	7.9 mi	$1,810
97438	Fall Creek	9.4 mi	$2,320
97426	Creswell	9.6 mi	$1,530
97424	Cottage Grove	12.5 mi	$1,520
97478	Springfield	15.2 mi	$1,570

Questions

What is the Fair Market Rent for ZIP code 97431?

HUD's FY2027 Small Area Fair Market Rents for 97431 are $1,730 (studio), $1,770 (1 BR), $2,310 (2 BR), $3,200 (3 BR) and $3,860 (4 BR) a month.

What is the Section 8 payment standard in 97431?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 97431 that range is $2,079 to $2,541 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 97431?

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.