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FY2017 Hypothetical Small Area FMRs For Linn County, OR

In metropolitan areas, HUD defines Small Areas using ZIP Codes within the metropolitan area. Using ZIP codes as the basis for FMRs provides tenants with greater ability to move into ?Opportunity Neighborhoods? with jobs, public transportation, and good schools. They also provide for multiple payment standards within a metropolitan area, and they are likely to reduce need for extensive market area rent reasonableness studies. Lastly, HUD hopes that setting FMRs for each ZIP code will reduce overpayment in lower-rent areas.

Linn County is part of the Albany, OR MSA.

Linn County, OR Hypothetical Small Area FMRs By Unit Bedrooms
ZIP Code Efficiency One-Bedroom Two-Bedroom Three-Bedroom Four-Bedroom ZIP/CBSA Ratio
97321 $560 $670 $870 $1,270 $1,500 0.975
97322 $540 $640 $850 $1,240 $1,440 0.973
97327 $630 $750 $1,000 $1,460 $1,700 1.140
97329 $550 $650 $870 $1,270 $1,480 0.995
97333 $620 $760 $940 $1,370 $1,650 1.017
97335 $550 $650 $870 $1,270 $1,480 0.995
97336 $550 $650 $870 $1,270 $1,480 0.995
97345 $550 $650 $870 $1,270 $1,480 0.995
97346 $540 $620 $820 $1,190 $1,430 0.986
97348 $650 $770 $1,030 $1,500 $1,750 1.172
97350 $580 $660 $880 $1,280 $1,530 1.057
97352 $690 $770 $1,030 $1,500 $1,810 1.259
97355 $570 $680 $900 $1,310 $1,530 1.030
97358 $490 $570 $760 $1,110 $1,300 0.882
97360 $520 $620 $820 $1,190 $1,400 0.946
97374 $620 $740 $980 $1,430 $1,660 1.111
97377 $550 $650 $870 $1,270 $1,480 0.995
97383 $540 $600 $800 $1,160 $1,410 0.975
97386 $560 $670 $890 $1,300 $1,510 1.010
97389 $610 $720 $960 $1,400 $1,630 1.093
97413 $550 $650 $870 $1,270 $1,480 0.995
97446 $620 $740 $980 $1,430 $1,660 1.112
97759 $710 $780 $910 $1,310 $1,600 1.061

* Small Area FMRs presented with an asterisk are calculated in accordance with the Guidance For Preparing Comments on Small Area FMRs available at here.

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