FY2027 Small Area FMR · Westlake, OR
ZIP 97493 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 97493 (Westlake, OR) is $1,520 a month, up 6.3% from FY2026. That is 2% below the Eugene-Springfield, OR area-wide FMR of $1,546.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 97493 sits in the Eugene-Springfield, OR area
Of the 42 ZIP codes HUD lists for the area, 97493 has the 29th 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 $1,520 for this ZIP code instead.
ZIP code 97493 crosses more than one HUD area. HUD also lists it under Douglas County, OR (same figures). The figure that applies depends on which side of the line the home is.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $1,110 | $999 – $1,221 | $1,157 | $1,030 |
| 1 bedroom | $1,160 | $1,044 – $1,276 | $1,182 | $1,090 |
| 2 bedrooms | $1,520 | $1,368 – $1,672 | $1,546 | $1,430 |
| 3 bedrooms | $2,120 | $1,908 – $2,332 | $2,141 | $1,990 |
| 4 bedrooms | $2,550 | $2,295 – $2,805 | $2,584 | $2,410 |
A household renting a two-bedroom home at the Small Area FMR of $1,520 needs about $60,800 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 97493 lies mainly in Lane County and Douglas County. See the Eugene-Springfield, OR county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 97493?
HUD's FY2027 Small Area Fair Market Rents for 97493 are $1,110 (studio), $1,160 (1 BR), $1,520 (2 BR), $2,120 (3 BR) and $2,550 (4 BR) a month.
What is the Section 8 payment standard in 97493?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 97493 that range is $1,368 to $1,672 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 97493?
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.