FY2027 Small Area FMR · Murphy, OR
ZIP 97533 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 97533 (Murphy, OR) is $1,330 a month, down 2.2% from FY2026. That is 0% equal to the Grants Pass, OR area-wide FMR of $1,331.
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 97533 sits in the Grants Pass, OR area
Of the 13 ZIP codes HUD lists for the area, 97533 has the 9th 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 $1,330 for this ZIP code instead.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $930 | $837 – $1,023 | $927 | $940 |
| 1 bedroom | $1,020 | $918 – $1,122 | $1,017 | $1,040 |
| 2 bedrooms | $1,330 | $1,197 – $1,463 | $1,331 | $1,360 |
| 3 bedrooms | $1,840 | $1,656 – $2,024 | $1,843 | $1,890 |
| 4 bedrooms | $2,010 | $1,809 – $2,211 | $2,012 | $2,010 |
A household renting a two-bedroom home at the Small Area FMR of $1,330 needs about $53,200 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 97533 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
Questions
What is the Fair Market Rent for ZIP code 97533?
HUD's FY2027 Small Area Fair Market Rents for 97533 are $930 (studio), $1,020 (1 BR), $1,330 (2 BR), $1,840 (3 BR) and $2,010 (4 BR) a month.
What is the Section 8 payment standard in 97533?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 97533 that range is $1,197 to $1,463 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 97533?
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.