FY2027 Small Area FMR · Princeton, OR

ZIP 97721 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 97721 (Princeton, OR) is $1,010 a month, unchanged from FY2026. That is 0% equal to the Harney County, OR area-wide FMR of $1,014.

2-bedroom SAFMR$1,010per month ■ 0.0%

Area-wide 2 BR FMR$1,014Harney County, OR

Rank in the area6thof 10 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$909

2 BR Small Area FMR$1,010

110% of SAFMR$1,111

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

Studio$720▲ 2.9%

1 BR$780▲ 1.3%

2 BR$1,010■ 0.0%

3 BR$1,410▲ 0.7%

4 BR$1,700▲ 0.6%

FY2027 FY2026

Where 97721 sits in the Harney County, OR area

Of the 10 ZIP codes HUD lists for the area, 97721 has the 6th highest two-bedroom Small Area FMR. Harney County, 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 $1,014 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,010 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	$720	$648 – $792	$719	$700
1 bedroom	$780	$702 – $858	$775	$770
2 bedrooms	$1,010	$909 – $1,111	$1,014	$1,010
3 bedrooms	$1,410	$1,269 – $1,551	$1,404	$1,400
4 bedrooms	$1,700	$1,530 – $1,870	$1,695	$1,690

A household renting a two-bedroom home at the Small Area FMR of $1,010 needs about $40,400 a year to keep housing costs at 30% of income. The area median family income is $81,200 and the 80% low-income limit for four people is $66,900. ZIP code 97721 lies mainly in Harney County. See the Harney County, OR county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
97710	Fields	24.3 mi	$1,010
97736	Frenchglen	32.1 mi	$1,010
97722	Diamond	32.2 mi	$1,010
89404	Denio	44.5 mi	$1,250
89421	Mc Dermitt	44.6 mi	$1,230
97910	Jordan Valley	49.9 mi	$1,500

Questions

What is the Fair Market Rent for ZIP code 97721?

HUD's FY2027 Small Area Fair Market Rents for 97721 are $720 (studio), $780 (1 BR), $1,010 (2 BR), $1,410 (3 BR) and $1,700 (4 BR) a month.

What is the Section 8 payment standard in 97721?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 97721 that range is $909 to $1,111 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 97721?

The FY2026 income limits of the Harney County, OR area apply: median family income $81,200, low-income (80%) limit $66,900 for a family of four.