FY2027 Small Area FMR · Bend, OR

ZIP 97702 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 97702 (Bend, OR) is $2,050 a month, up 7.3% from FY2026. That is 8% above the Bend-Redmond, OR area-wide FMR of $1,893.

2-bedroom SAFMR$2,050per month ▲ 7.3%

Area-wide 2 BR FMR$1,893Bend-Redmond, OR

Rank in the area2ndof 11 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,845

2 BR Small Area FMR$2,050

110% of SAFMR$2,255

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

Studio$1,560▲ 6.8%

1 BR$1,570▲ 6.8%

2 BR$2,050▲ 7.3%

3 BR$2,840▲ 6.8%

4 BR$3,430▲ 7.2%

FY2027 FY2026

Where 97702 sits in the Bend-Redmond, OR area

Of the 11 ZIP codes HUD lists for the area, 97702 has the 2nd highest two-bedroom Small Area FMR. Bend-Redmond, 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 $1,893 for two bedrooms; an agency that opts in to Small Area FMRs would use $2,050 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	$1,560	$1,404 – $1,716	$1,438	$1,460
1 bedroom	$1,570	$1,413 – $1,727	$1,447	$1,470
2 bedrooms	$2,050	$1,845 – $2,255	$1,893	$1,910
3 bedrooms	$2,840	$2,556 – $3,124	$2,621	$2,660
4 bedrooms	$3,430	$3,087 – $3,773	$3,164	$3,200

A household renting a two-bedroom home at the Small Area FMR of $2,050 needs about $82,000 a year to keep housing costs at 30% of income. The area median family income is $120,200 and the 80% low-income limit for four people is $96,150. ZIP code 97702 lies mainly in Deschutes County. See the Bend-Redmond, OR county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
97709	Bend	5.7 mi	$1,890
97701	Bend	7.9 mi	$1,830
97703	Bend	10.7 mi	$2,040
97707	Bend	17.6 mi	$2,350
97756	Redmond	19.5 mi	$1,690
97753	Powell Butte	19.7 mi	$1,610

Questions

What is the Fair Market Rent for ZIP code 97702?

HUD's FY2027 Small Area Fair Market Rents for 97702 are $1,560 (studio), $1,570 (1 BR), $2,050 (2 BR), $2,840 (3 BR) and $3,430 (4 BR) a month.

What is the Section 8 payment standard in 97702?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 97702 that range is $1,845 to $2,255 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 97702?

The FY2026 income limits of the Bend-Redmond, OR area apply: median family income $120,200, low-income (80%) limit $96,150 for a family of four.