HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Sherman County, Oregon (FY 2026)
HUD's FY 2026 Fair Market Rent for a two-bedroom in Sherman County is $1,346 a month. That's the number the housing authority starts from when it sets Section 8 payment standards here.
2 bedroom FMR
$1,346
FY 2026, utilities included
Payment standard range
$1,211 to $1,481
90% to 110% of FMR
Income to afford 2BR
$53,840
per year, at 30% of income
Rank in Oregon
21st of 36
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Sherman moves to $1,214. That's down 10%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in Sherman actually rent for?
Search any address in Sherman 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 | $937 | $843 to $1,031 | $37,480 | $18.02/hr | +10.8% |
| 1 bedroom | $1,026 | $923 to $1,129 | $41,040 | $19.73/hr | +9.0% |
| 2 bedroom | $1,346 | $1,211 to $1,481 | $53,840 | $25.88/hr | +9.1% |
| 3 bedroom | $1,677 | $1,509 to $1,845 | $67,080 | $32.25/hr | +12.8% |
| 4 bedroom | $2,258 | $2,032 to $2,484 | $90,320 | $43.42/hr | +9.0% |
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 | $2,597 | $2,337 to $2,857 |
| 6 bedroom Estimate | $2,935 | $2,642 to $3,229 |
| 7 bedroom Estimate | $3,274 | $2,947 to $3,601 |
| 8 bedroom Estimate | $3,613 | $3,252 to $3,974 |
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 Sherman, that runs from $937 for a studio up to $2,258 for four bedrooms, all five rates in the table above.
Because Sherman 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, Grass Valley included.
Among Oregon's 36 counties, Sherman ranks 21st for two-bedroom FMR. That's about 3% below the state median of $1,393 and about 32% above the national median county at $1,018. About 1,900 people live here, 35th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,120 in 97050 (Rufus) and $1,510 in 97029 (Grass Valley), with the 5 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 Sherman somewhere between $1,211 and $1,481. 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.
$1,346 a month is affordable, by HUD's 30% rule, on an income of roughly $53,840 a year. Put another way, $26 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% ($1,211) | HAP at 100% ($1,346) | HAP at 110% ($1,481) |
|---|---|---|---|---|
| $2,500 | $750 | $461 | $596 | $731 |
| $4,000 | $1,200 | $11 | $146 | $281 |
Rate history
The two-bedroom rate went up 9% from FY 2025 ($1,234) to FY 2026 ($1,346). Since FY 2020 it's up 57% in total, about 7.8% 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 | $560 | $675 | $859 | $1,159 | $1,164 | — |
| FY 2021 | $559 | $643 | $847 | $1,212 | $1,234 | -1.4% |
| FY 2022 | $583 | $667 | $877 | $1,246 | $1,399 | +3.5% |
| FY 2023 | $657 | $746 | $982 | $1,382 | $1,592 | +12.0% |
| FY 2024 | $747 | $839 | $1,102 | $1,436 | $1,711 | +12.2% |
| FY 2025 | $846 | $941 | $1,234 | $1,487 | $2,072 | +12.0% |
| FY 2026 | $937 | $1,026 | $1,346 | $1,677 | $2,258 | +9.1% |
| FY 2027 | $922 | $928 | $1,214 | $1,618 | $2,033 | -9.8% |
Nearby counties
Wasco County
$1,60023 mi · pop 26,639
Gilliam County
$1,04825 mi · pop 1,983
Hood River County
$1,88446 mi · pop 23,965
Morrow County
$1,02753 mi · pop 12,140
Wheeler County
$1,01056 mi · pop 1,407
Jefferson County
$1,22962 mi · pop 24,659
Clackamas County
$1,92284 mi · pop 420,925
Crook County
$1,38585 mi · pop 24,987
Questions people ask
$1,346 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $937 for a studio, $1,026 for one bedroom, $1,677 for three and $2,258 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 Sherman actually go for?
HUD's number is one input. Search any address in Sherman for a rent estimate built from nearby comps. 3 free searches, no card.
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