Benton County, OR

2024 Fair Market Rents

Tags: 2024 Corvallis, OR MSA

Return to the state page to see where Oregon ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in Benton County are Corvallis, Albany, Junction City, and Monmouth. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Benton County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Benton County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Benton County compare?

Benton County ($1,570) has a 20.1% higher FMR for 2-Bedroom housing than the average of Oregon ($1,307) and therefore a higher gross rent.

Benton County is rank 9th out of 36 counties. This means the FMRs, or in other words, the gross rent is higher than 27 other counties. Benton County is the 9th most expensive county in terms of FMRs.

Rent Tables Benton County, OR

Fair Market Rent (40th Percentile)

$1,192
studio
$1,236
1-Bedroom
$1,570
2-Bedroom
$2,212
3-Bedroom
$2,495
4-Bedroom

Median Rent (50th Percentile)

$1,271
studio
$1,318
1-Bedroom
$1,674
2-Bedroom
$2,359
3-Bedroom
$2,661
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
97321 $0 $1,080 $1,350 $1,850 $2,170
97333 $0 $1,290 $1,640 $2,300 $2,600
97321 $0 $1,080 $1,350 $1,850 $2,170
97324 $0 $1,050 $1,290 $1,830 $2,170
97326 $0 $1,240 $1,570 $2,210 $2,500
97330 $0 $1,190 $1,510 $2,130 $2,400
97331 $0 $1,240 $1,580 $2,220 $2,510
97333 $0 $1,290 $1,640 $2,300 $2,600
97339 $0 $1,240 $1,570 $2,210 $2,500
97361 $0 $1,070 $1,360 $1,920 $2,170
97370 $0 $1,100 $1,400 $1,970 $2,220
97448 $0 $1,050 $1,290 $1,830 $2,170
97456 $0 $1,050 $1,290 $1,830 $2,170
97324 $0 $1,050 $1,290 $1,830 $2,170
97448 $0 $1,050 $1,290 $1,830 $2,170
97456 $0 $1,050 $1,290 $1,830 $2,170
97326 $0 $1,240 $1,570 $2,210 $2,500
97361 $0 $1,070 $1,360 $1,920 $2,170
97370 $0 $1,100 $1,400 $1,970 $2,220
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
97321 $900 $972 $1,215 $1,665 $1,953
97333 $1,116 $1,161 $1,476 $2,070 $2,340
97321 $900 $972 $1,215 $1,665 $1,953
97324 $900 $945 $1,161 $1,647 $1,953
97326 $1,071 $1,116 $1,413 $1,989 $2,250
97330 $1,035 $1,071 $1,359 $1,917 $2,160
97331 $1,080 $1,116 $1,422 $1,998 $2,259
97333 $1,116 $1,161 $1,476 $2,070 $2,340
97339 $1,071 $1,116 $1,413 $1,989 $2,250
97361 $909 $963 $1,224 $1,728 $1,953
97370 $954 $990 $1,260 $1,773 $1,998
97448 $900 $945 $1,161 $1,647 $1,953
97456 $900 $945 $1,161 $1,647 $1,953
97324 $900 $945 $1,161 $1,647 $1,953
97448 $900 $945 $1,161 $1,647 $1,953
97456 $900 $945 $1,161 $1,647 $1,953
97326 $1,071 $1,116 $1,413 $1,989 $2,250
97361 $909 $963 $1,224 $1,728 $1,953
97370 $954 $990 $1,260 $1,773 $1,998
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
97321 $1,100 $1,188 $1,485 $2,035 $2,387
97333 $1,364 $1,419 $1,804 $2,530 $2,860
97321 $1,100 $1,188 $1,485 $2,035 $2,387
97324 $1,100 $1,155 $1,419 $2,013 $2,387
97326 $1,309 $1,364 $1,727 $2,431 $2,750
97330 $1,265 $1,309 $1,661 $2,343 $2,640
97331 $1,320 $1,364 $1,738 $2,442 $2,761
97333 $1,364 $1,419 $1,804 $2,530 $2,860
97339 $1,309 $1,364 $1,727 $2,431 $2,750
97361 $1,111 $1,177 $1,496 $2,112 $2,387
97370 $1,166 $1,210 $1,540 $2,167 $2,442
97448 $1,100 $1,155 $1,419 $2,013 $2,387
97456 $1,100 $1,155 $1,419 $2,013 $2,387
97324 $1,100 $1,155 $1,419 $2,013 $2,387
97448 $1,100 $1,155 $1,419 $2,013 $2,387
97456 $1,100 $1,155 $1,419 $2,013 $2,387
97326 $1,309 $1,364 $1,727 $2,431 $2,750
97361 $1,111 $1,177 $1,496 $2,112 $2,387
97370 $1,166 $1,210 $1,540 $2,167 $2,442

Fair Market Rents on this page apply to the following cities in Benton County, Oregon: Corvallis, Albany, Junction City, Monmouth, Philomath, Monroe, Alsea, and Blodgett.

These Fair Market Rents also apply to the following ZIP codes in Benton County, Oregon: 97330, 97321, 97333, 97448, 97361, 97370, 97456, 97339, 97324, 97326, and 97331.

Benton County, OR is considered part of the following metro FMR area: CORVALLIS, OR MSA.

More on Benton County, OR

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Fair Market Rents are published by the Department of Housing And Urban Development.