HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Lincoln County, Oregon (FY 2027)
A two-bedroom in Lincoln County carries a FY 2027 Fair Market Rent of $1,400 a month, effective October 1, 2026 through September 30, 2027. Everything Section 8 pays in Lincoln keys off that figure.
Two-bedroom FMR
$1,400
-5.4% from FY 2026
Payment standard
$1,260–$1,540
90% to 110% of the FMR, two-bedroom
Income to afford
$56,000
a year, with rent at 30% of income
Rank in Oregon
15th of 36
by two-bedroom FMR, highest first
FY 2027 Fair Market Rents
Payment standard is the 90% to 110% band a housing authority can set. Income needed puts rent at 30% of gross income, and the hourly wage assumes a 40-hour week.
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2026 |
|---|---|---|---|---|---|
| Studio | $1,063 | $957–$1,169 | $42,520 | $20.44/hr | -5.2% |
| 1 bedroom | $1,070 | $963–$1,177 | $42,800 | $20.58/hr | -5.1% |
| 2 bedroom | $1,400 | $1,260–$1,540 | $56,000 | $26.92/hr | -5.4% |
| 3 bedroom | $1,892 | $1,703–$2,081 | $75,680 | $36.38/hr | -7.4% |
| 4 bedroom | $2,340 | $2,106–$2,574 | $93,600 | $45.00/hr | -5.8% |
Five to eight 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 | $2,691 | $2,422–$2,960 |
| 6 bedroom Estimate | $3,042 | $2,738–$3,346 |
| 7 bedroom Estimate | $3,393 | $3,054–$3,732 |
| 8 bedroom Estimate | $3,744 | $3,370–$4,118 |
Source: HUD Office of Policy Development and Research, FY 2027 Fair Market Rents. Rents include utilities. huduser.gov
Market check
HUD's number is one input. What does a two-bedroom in Lincoln actually rent for?
Search any address in Lincoln for a rent estimate built from nearby comps, with the HUD figure right next to it.
No card needed
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 Lincoln somewhere between $1,260 and $1,540. 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.
$1,400 a month is affordable, by HUD's 30% rule, on an income of roughly $56,000 a year. Put another way, $27 an hour full time.
Worked example for a two-bedroom renting at the payment standard. The tenant pays 30% of monthly income and the voucher covers the rest.
| Monthly household income | Tenant pays (30%) | Voucher pays at 90%$1,260 | Voucher pays at 100%$1,400 | Voucher pays at 110%$1,540 |
|---|---|---|---|---|
| $2,500 | $750 | $510 | $650 | $790 |
| $4,000 | $1,200 | $60 | $200 | $340 |
Rate history
The two-bedroom rate went down 5% from FY 2026 ($1,480) to FY 2027 ($1,400). Since FY 2020 it's up 38% in total, about 4.7% a year. The Oregon median moved down 5% over the same year.
| Fiscal year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $659 | $812 | $1,012 | $1,460 | $1,767 | — |
| FY 2021 | $686 | $835 | $1,040 | $1,488 | $1,801 | +2.8% |
| FY 2022 | $732 | $877 | $1,102 | $1,556 | $1,886 | +6.0% |
| FY 2023 | $800 | $903 | $1,163 | $1,634 | $1,981 | +5.5% |
| FY 2024 | $928 | $972 | $1,274 | $1,782 | $2,162 | +9.5% |
| FY 2025 | $982 | $1,008 | $1,322 | $1,844 | $2,220 | +3.8% |
| FY 2026 | $1,121 | $1,128 | $1,480 | $2,043 | $2,483 | +12.0% |
| FY 2027In effect | $1,063 | $1,070 | $1,400 | $1,892 | $2,340 | -5.4% |
About this rate
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 2027 that's October 1, 2026 through September 30, 2027. In Lincoln, that runs from $1,063 for a studio up to $2,340 for four bedrooms, all five rates in the table above.
Because Lincoln 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, Depoe Bay included.
Among Oregon's 36 counties, Lincoln ranks 15th for two-bedroom FMR. That's about 6% above the state median of $1,325 and about 32% above the national median county at $1,063. About 50,964 people live here, 18th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,340 in 97343 (Eddyville) and $1,830 in 97364 (Neotsu), with the 16 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 |
|---|---|---|---|
| 97341 | Depoe Bay | $1,530 | +9.3% |
| 97343 | Eddyville | $1,340 | -4.3% |
| 97357 | Logsden | $1,440 | +2.9% |
| 97364 | Neotsu | $1,830 | +30.7% |
| 97365 | Newport | $1,420 | +1.4% |
| 97366 | South Beach | $1,640 | +17.1% |
| 97367 | Lincoln City | $1,530 | +9.3% |
| 97368 | Otis | $1,340 | -4.3% |
| 97369 | Otter Rock | $1,480 | +5.7% |
| 97376 | Seal Rock | $1,340 | -4.3% |
| 97380 | Siletz | $1,640 | +17.1% |
| 97388 | Gleneden Beach | $1,540 | +10.0% |
| 97390 | Tidewater | $1,520 | +8.6% |
| 97391 | Toledo | $1,340 | -4.3% |
| 97394 | Waldport | $1,340 | -4.3% |
| 97498 | Yachats | $1,570 | +12.1% |
Nearby counties
Two-bedroom FMR, with how each compares to Lincoln.
Benton County
31 mi · 96,303 people
$1,857
+33%
Polk County
37 mi · 89,662 people
$1,692
+21%
Tillamook County
52 mi · 27,496 people
$1,301
-7%
Yamhill County
53 mi · 108,734 people
$1,878
+34%
Linn County
56 mi · 130,706 people
$1,726
+23%
Marion County
59 mi · 349,244 people
$1,692
+21%
Lane County
62 mi · 384,207 people
$1,546
+10%
Washington County
77 mi · 603,947 people
$1,878
+34%
Questions people ask
$1,400 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $1,063 for a studio, $1,070 for one bedroom, $1,892 for three and $2,340 for four.
Tools for this county
Fair Market Rent lookup
Any ZIP code's Small Area FMR by bedroom count
Section 8 rent calculator
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
The income a household needs for a given rent
What does a rental in Lincoln actually go for?
HUD's number is one input. Search any address in Lincoln for a rent estimate built from nearby comps. Free to start, no card.
Free tier. No credit card.