FY2027 Small Area FMR · Wallowa, OR

ZIP 97885 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 97885 (Wallowa, OR) is $1,190 a month, up 10.2% from FY2026. That is 7% above the Wallowa County, OR area-wide FMR of $1,116.

2-bedroom SAFMR$1,190per month ▲ 10.2%

Area-wide 2 BR FMR$1,116Wallowa County, OR

Rank in the area3rdof 5 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,071

2 BR Small Area FMR$1,190

110% of SAFMR$1,309

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

Studio$850▲ 13.3%

1 BR$990▲ 11.2%

2 BR$1,190▲ 10.2%

3 BR$1,660▲ 10.7%

4 BR$2,000▲ 10.5%

FY2027 FY2026

Where 97885 sits in the Wallowa County, OR area

Of the 5 ZIP codes HUD lists for the area, 97885 has the 3rd highest two-bedroom Small Area FMR. Wallowa 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 $1,116 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,190 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	$850	$765 – $935	$791	$750
1 bedroom	$990	$891 – $1,089	$920	$890
2 bedrooms	$1,190	$1,071 – $1,309	$1,116	$1,080
3 bedrooms	$1,660	$1,494 – $1,826	$1,545	$1,500
4 bedrooms	$2,000	$1,800 – $2,200	$1,865	$1,810

A household renting a two-bedroom home at the Small Area FMR of $1,190 needs about $47,600 a year to keep housing costs at 30% of income. The area median family income is $83,700 and the 80% low-income limit for four people is $66,950. ZIP code 97885 lies mainly in Wallowa County. See the Wallowa County, OR county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
97828	Enterprise	14.6 mi	$1,040
97827	Elgin	16.7 mi	$1,150
97857	Lostine	20.5 mi	$1,270
97824	Cove	23.9 mi	$1,400
97841	Imbler	24.7 mi	$1,280
97846	Joseph	26.4 mi	$1,360

Questions

What is the Fair Market Rent for ZIP code 97885?

HUD's FY2027 Small Area Fair Market Rents for 97885 are $850 (studio), $990 (1 BR), $1,190 (2 BR), $1,660 (3 BR) and $2,000 (4 BR) a month.

What is the Section 8 payment standard in 97885?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 97885 that range is $1,071 to $1,309 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 97885?

The FY2026 income limits of the Wallowa County, OR area apply: median family income $83,700, low-income (80%) limit $66,950 for a family of four.