HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Lake County, Oregon (FY 2026)
HUD's FY 2026 Fair Market Rent for a two-bedroom in Lake County is $1,150 a month. That's the number the housing authority starts from when it sets Section 8 payment standards here.
2 bedroom FMR
$1,150
FY 2026, utilities included
Payment standard range
$1,035 to $1,265
90% to 110% of FMR
Income to afford 2BR
$46,000
per year, at 30% of income
Rank in Oregon
28th of 36
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Lake moves to $1,062. That's down 8%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in Lake actually rent for?
Search any address in Lake 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 | $793 | $714 to $872 | $31,720 | $15.25/hr | +12.6% |
| 1 bedroom | $929 | $836 to $1,022 | $37,160 | $17.87/hr | +14.1% |
| 2 bedroom | $1,150 | $1,035 to $1,265 | $46,000 | $22.12/hr | +13.4% |
| 3 bedroom | $1,599 | $1,439 to $1,759 | $63,960 | $30.75/hr | +12.5% |
| 4 bedroom | $1,929 | $1,736 to $2,122 | $77,160 | $37.10/hr | +13.3% |
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 | $2,218 | $1,996 to $2,440 |
| 6 bedroom Estimate | $2,508 | $2,257 to $2,759 |
| 7 bedroom Estimate | $2,797 | $2,517 to $3,077 |
| 8 bedroom Estimate | $3,086 | $2,777 to $3,395 |
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 Lake, that runs from $793 for a studio up to $1,929 for four bedrooms, all five rates in the table above.
Because Lake 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, Adel included.
Among Oregon's 36 counties, Lake ranks 28th for two-bedroom FMR. That's about 17% below the state median of $1,393 and about 13% above the national median county at $1,018. About 8,201 people live here, 30th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,070 in 97630 (Lakeview) and $1,460 in 97636 (Paisley), with the 9 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.
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 Lake somewhere between $1,035 and $1,265. 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.
$1,150 a month is affordable, by HUD's 30% rule, on an income of roughly $46,000 a year. Put another way, $22 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% ($1,035) | HAP at 100% ($1,150) | HAP at 110% ($1,265) |
|---|---|---|---|---|
| $2,500 | $750 | $285 | $400 | $515 |
| $4,000 | $1,200 | $0 | $0 | $65 |
Rate history
The two-bedroom rate went up 13% from FY 2025 ($1,014) to FY 2026 ($1,150). Since FY 2020 it's up 53% in total, about 7.3% 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 | $491 | $634 | $754 | $1,044 | $1,173 | — |
| FY 2021 | $501 | $666 | $759 | $1,054 | $1,165 | +0.7% |
| FY 2022 | $537 | $709 | $808 | $1,138 | $1,359 | +6.5% |
| FY 2023 | $642 | $765 | $864 | $1,228 | $1,472 | +6.9% |
| FY 2024 | $678 | $794 | $939 | $1,323 | $1,593 | +8.7% |
| FY 2025 | $704 | $814 | $1,014 | $1,421 | $1,703 | +8.0% |
| FY 2026 | $793 | $929 | $1,150 | $1,599 | $1,929 | +13.4% |
| FY 2027 | $740 | $887 | $1,062 | $1,471 | $1,775 | -7.7% |
Nearby counties
Klamath County
$1,24760 mi · pop 69,506
Harney County
$1,00887 mi · pop 7,496
Deschutes County
$1,784102 mi · pop 199,352
Crook County
$1,385105 mi · pop 24,987
Jackson County
$1,530120 mi · pop 222,604
Jefferson County
$1,229137 mi · pop 24,659
Grant County
$1,127145 mi · pop 7,237
Wheeler County
$1,010146 mi · pop 1,407
Questions people ask
$1,150 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $793 for a studio, $929 for one bedroom, $1,599 for three and $1,929 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 Lake actually go for?
HUD's number is one input. Search any address in Lake for a rent estimate built from nearby comps. 3 free searches, no card.
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