HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Klamath County, Oregon (FY 2026)
A two-bedroom in Klamath County carries a FY 2026 Fair Market Rent of $1,247 a month, effective October 1, 2025 through September 30, 2026. Everything Section 8 pays in Klamath keys off that figure.
2 bedroom FMR
$1,247
FY 2026, utilities included
Payment standard range
$1,122 to $1,372
90% to 110% of FMR
Income to afford 2BR
$49,880
per year, at 30% of income
Rank in Oregon
24th of 36
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Klamath moves to $1,134. That's down 9%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in Klamath actually rent for?
Search any address in Klamath for a rent estimate built from nearby comps, with the HUD figure right next to it.
FY 2026 Fair Market Rents
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2025 |
|---|---|---|---|---|---|
| Studio | $860 | $774 to $946 | $34,400 | $16.54/hr | +13.5% |
| 1 bedroom | $958 | $862 to $1,054 | $38,320 | $18.42/hr | +13.8% |
| 2 bedroom | $1,247 | $1,122 to $1,372 | $49,880 | $23.98/hr | +12.9% |
| 3 bedroom | $1,734 | $1,561 to $1,907 | $69,360 | $33.35/hr | +12.0% |
| 4 bedroom | $2,092 | $1,883 to $2,301 | $83,680 | $40.23/hr | +12.7% |
5 to 8 bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $2,406 | $2,165 to $2,647 |
| 6 bedroom Estimate | $2,720 | $2,448 to $2,992 |
| 7 bedroom Estimate | $3,033 | $2,730 to $3,336 |
| 8 bedroom Estimate | $3,347 | $3,012 to $3,682 |
Source: HUD Office of Policy Development and Research, FY 2026 Fair Market Rents. Rents include utilities. huduser.gov
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2026 that's October 1, 2025 through September 30, 2026. In Klamath, that runs from $860 for a studio up to $2,092 for four bedrooms, all five rates in the table above.
Because Klamath sits outside any HUD metro area, its rate is a county-wide figure built from local rents. One number covers every address in the county, Klamath Falls included.
Among Oregon's 36 counties, Klamath ranks 24th for two-bedroom FMR. That's about 10% below the state median of $1,393 and about 22% above the national median county at $1,018. About 69,506 people live here, 15th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,110 in 97633 (Merrill) and $1,340 in 97624 (Chiloquin), with the 18 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the county rate. Everywhere else the ZIP numbers show where rents actually sit, and the county rate stays the official standard.
| ZIP | City | 2BR rate | vs county |
|---|---|---|---|
| 97601 | Klamath Falls | $1,200 | -3.8% |
| 97602 | Klamath Falls | $1,250 | +0.2% |
| 97603 | Klamath Falls | $1,310 | +5.1% |
| 97604 | Crater Lake | $1,250 | +0.2% |
| 97621 | Beatty | $1,250 | +0.2% |
| 97622 | Bly | $1,120 | -10.2% |
| 97623 | Bonanza | $1,120 | -10.2% |
| 97624 | Chiloquin | $1,340 | +7.5% |
| 97625 | Dairy | $1,240 | -0.6% |
| 97626 | Fort Klamath | $1,260 | +1.0% |
| 97627 | Keno | $1,150 | -7.8% |
| 97632 | Malin | $1,120 | -10.2% |
| 97633 | Merrill | $1,110 | -11.0% |
| 97634 | Midland | $1,310 | +5.1% |
| 97639 | Sprague River | $1,230 | -1.4% |
| 97731 | Chemult | $1,250 | +0.2% |
| 97733 | Crescent | $1,250 | +0.2% |
| 97737 | Gilchrist | $1,340 | +7.5% |
What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Klamath somewhere between $1,122 and $1,372. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$1,247 a month is affordable, by HUD's 30% rule, on an income of roughly $49,880 a year. Put another way, $24 an hour full time.
Worked example for a two-bedroom, assuming the rent equals the payment standard. Tenant pays 30% of monthly income, HUD's housing assistance payment covers the rest.
| Monthly household income | Tenant pays (30%) | HAP at 90% ($1,122) | HAP at 100% ($1,247) | HAP at 110% ($1,372) |
|---|---|---|---|---|
| $2,500 | $750 | $372 | $497 | $622 |
| $4,000 | $1,200 | $0 | $47 | $172 |
Rate history
The two-bedroom rate went up 13% from FY 2025 ($1,105) to FY 2026 ($1,247). Since FY 2020 it's up 46% in total, about 6.6% a year. The Oregon median moved up 11% over the same year.
| Year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $566 | $648 | $852 | $1,201 | $1,331 | — |
| FY 2021 | $593 | $653 | $858 | $1,219 | $1,366 | +0.7% |
| FY 2022 | $606 | $693 | $912 | $1,295 | $1,552 | +6.3% |
| FY 2023 | $636 | $722 | $951 | $1,352 | $1,620 | +4.3% |
| FY 2024 | $700 | $786 | $1,033 | $1,456 | $1,753 | +8.6% |
| FY 2025 | $758 | $842 | $1,105 | $1,548 | $1,856 | +7.0% |
| FY 2026 | $860 | $958 | $1,247 | $1,734 | $2,092 | +12.9% |
| FY 2027 | $790 | $888 | $1,134 | $1,570 | $1,895 | -9.1% |
Nearby counties
Jackson County
$1,53060 mi · pop 222,604
Lake County
$1,15060 mi · pop 8,201
Josephine County
$1,36393 mi · pop 87,994
Douglas County
$1,271103 mi · pop 111,322
Deschutes County
$1,784109 mi · pop 199,352
Lane County
$1,688129 mi · pop 382,218
Crook County
$1,385132 mi · pop 24,987
Coos County
$1,265136 mi · pop 64,908
Questions people ask
$1,247 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $860 for a studio, $958 for one bedroom, $1,734 for three and $2,092 for four.
Tools for this county
Fair Market Rent lookup
Look up any ZIP code's Small Area FMR by bedroom count.
Section 8 rent calculator
Work out the payment standard and tenant share for a specific rent.
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords.
Rent affordability calculator
See what income a household needs for a given rent.
What does a rental in Klamath actually go for?
HUD's number is one input. Search any address in Klamath for a rent estimate built from nearby comps. 3 free searches, no card.
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