FY2027 Small Area FMR · Merlin, OR

ZIP 97532 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 97532 (Merlin, OR) is $1,270 a month, up 3.3% from FY2026. That is 5% below the Grants Pass, OR area-wide FMR of $1,331.

2-bedroom SAFMR$1,270per month ▲ 3.3%

Area-wide 2 BR FMR$1,331Grants Pass, OR

Rank in the area12thof 13 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,143

2 BR Small Area FMR$1,270

110% of SAFMR$1,397

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

Studio$890▲ 6.0%

1 BR$980▲ 4.3%

2 BR$1,270▲ 3.3%

3 BR$1,760▲ 2.9%

4 BR$1,930▲ 7.2%

FY2027 FY2026

Where 97532 sits in the Grants Pass, OR area

Of the 13 ZIP codes HUD lists for the area, 97532 has the 12th highest two-bedroom Small Area FMR. Grants Pass, 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 $1,331 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,270 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	$890	$801 – $979	$927	$840
1 bedroom	$980	$882 – $1,078	$1,017	$940
2 bedrooms	$1,270	$1,143 – $1,397	$1,331	$1,230
3 bedrooms	$1,760	$1,584 – $1,936	$1,843	$1,710
4 bedrooms	$1,930	$1,737 – $2,123	$2,012	$1,800

A household renting a two-bedroom home at the Small Area FMR of $1,270 needs about $50,800 a year to keep housing costs at 30% of income. The area median family income is $76,700 and the 80% low-income limit for four people is $66,900. ZIP code 97532 lies mainly in Josephine County. See the Grants Pass, OR county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
97497	Wolf Creek	7.9 mi	$1,380
97526	Grants Pass	9.6 mi	$1,380
97543	Wilderville	14.0 mi	$1,230
97442	Glendale	14.9 mi	$1,150
97527	Grants Pass	15.1 mi	$1,520
97537	Rogue River	19.5 mi	$1,470

Questions

What is the Fair Market Rent for ZIP code 97532?

HUD's FY2027 Small Area Fair Market Rents for 97532 are $890 (studio), $980 (1 BR), $1,270 (2 BR), $1,760 (3 BR) and $1,930 (4 BR) a month.

What is the Section 8 payment standard in 97532?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 97532 that range is $1,143 to $1,397 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 97532?

The FY2026 income limits of the Grants Pass, OR area apply: median family income $76,700, low-income (80%) limit $66,900 for a family of four.