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Fair Market Rent · Oregon

Fair Market Rent in Benton County, OR

FY2027 HUD figures, effective October 1, 2026, plus what renters pay by ZIP code.

$1,365studio
$1,4871 bedroom
$1,8572 bedrooms
$2,5713 bedrooms
$3,1024 bedrooms

HUD's FY2027 Fair Market Rent for a 2-bedroom home in Benton County is $1,857 a month, +1.8% from FY2026. Benton County is part of the Corvallis, OR MSA (a metro area). HUD also publishes Small Area FMRs by ZIP code here; those can be higher or lower than the area-wide figure. See each ZIP code below.

Area-wide Fair Market Rents

SizeFY2027FY2026ChangeTypical voucher range (90–110%)
Studio$1,365$1,350+1.1%$1,228–1,502
1 bedroom$1,487$1,451+2.5%$1,338–1,636
2 bedrooms$1,857$1,824+1.8%$1,671–2,043
3 bedrooms$2,571$2,537+1.3%$2,314–2,828
4 bedrooms$3,102$2,862+8.4%$2,792–3,412

The voucher range is the typical band housing authorities use for payment standards; your housing authority sets the actual standard.

Rents by ZIP code in Benton County

Open a ZIP code for every size, the spread of rents and nearby ZIP codes.

ZIPPlace2-bedroom FMR (ZIP)Census median, 2 bedroomsCensus median, all sizes
97324Alsea$1,650–$1,193
97330Corvallis$1,870$1,440$1,393
97331Corvallis$1,890––
97333Corvallis$1,900$1,463$1,370
97370Philomath$1,850$1,390$1,444
97456Monroe$1,830$873$1,231

Sources: HUD Fair Market Rents and Small Area Fair Market Rents, FY2027 (effective October 1, 2026) and FY2026; U.S. Census Bureau, 2020–2024 American Community Survey 5-year estimates (median gross rent by ZIP code). Fair Market Rents and Census figures include utilities. Not affiliated with HUD or the Census Bureau. About the data.