Fair Market Rent in Polk County, OR

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

$1,285studio

$1,2941 bedroom

$1,6922 bedrooms

$2,3413 bedrooms

$2,5644 bedrooms

HUD's FY2027 Fair Market Rent for a 2-bedroom home in Polk County is $1,692 a month, +8.5% from FY2026. Polk County is part of the Salem, 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

Size	FY2027	FY2026	Change	Typical voucher range (90–110%)
Studio	$1,285	$1,181	+8.8%	$1,156–1,414
1 bedroom	$1,294	$1,201	+7.7%	$1,165–1,423
2 bedrooms	$1,692	$1,560	+8.5%	$1,523–1,861
3 bedrooms	$2,341	$2,159	+8.4%	$2,107–2,575
4 bedrooms	$2,564	$2,338	+9.7%	$2,308–2,820

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 Polk County

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

ZIP	Place	2-bedroom FMR (ZIP)	Census median, 2 bedrooms	Census median, all sizes
97304	Salem	$1,830	$1,444	$1,485
97338	Dallas	$1,560	$1,218	$1,226
97344	Falls City	$1,430	$1,110	$1,086
97351	Independence	$1,970	$1,452	$1,672
97361	Monmouth	$1,650	$1,124	$1,108
97371	Rickreall	$1,720	–	$955

Check a rent All of Oregon

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.