Housing market/Oregon/ZIP 97029

ACS 2023 · FY2027 SAFMR

ZIP 97029 Grass Valley, Sherman County, Oregon

Sherman County, OR · Oregon. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
336
Households
146
Median HH income
$39,375
Renter share
40.4%
Median gross rent
—
Vacancy
25.1%
Pop. change
+0.3%
2BR SAFMR
$1,390
SAFMR / rent
—
2–49 unit stock
9
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 97029 · OR — sent to you.

ZIP 97029 · OR

2BR SAFMR$1,390
90% floor$1,251
110% ceiling$1,529

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 97029

  • 1-unit detached13972.8%
  • 2–4 units21.0%
  • 5–49 units73.7%
  • Mobile4322.5%
TypeUnitsShare
1-unit detached13971.3%
1-unit attached00.0%
2 units (duplex)21.0%
3–4 units00.0%
5–9 units00.0%
10–19 units73.6%
20–49 units00.0%
50+ units00.0%
Mobile4322.1%

2–4 unit share 1.0% · 5–49 unit share 3.6% · combined 2–49 4.6%.

Units by bedrooms

Studio
5
1BR
0
2BR
28
3BR
117
4BR
41
5+
4

Rent burden

Rent ≥30% of income28.8%
Rent ≥50% of income27.1%
  • Renters paying ≥30% of income 28.8%; ≥50% 27.1%.

Population

336 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +0.3%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

What the data shows

ZIP 97029 40.4% of occupied households are renters; vacancy is 25.1%; population increased +0.3% between the 2018 and 2023 ACS vintages; the housing stock includes 2 units in 2–4-unit structures and 7 units in 5–49-unit structures. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Oregon research

ZIP 97029 is a Census / HUD profile for Sherman County, OR. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Oregon research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 97029?

ZIP 97029 (Sherman County, OR) has 336 residents, 146 households, a renter share of 40.4%, median household income of $39,375, and ACS 2023 median gross rent of —. Vacancy is 25.1%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 97029?

ACS counts 2 units in 2-unit buildings, 0 in 3–4 unit buildings, 0 in 5–9, 7 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 9 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 97029?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,390. See the full schedule and 90–110% payment-standard band on the ZIP 97029 — Grass Valley, OR HUD Section 8 Payment Standards / SAFMR.

Does this Oregon ZIP profile include Georgia listings?

No. ZIP 97029 is Census / HUD research for Sherman County, OR. Jeff Crowe CRE does not list Oregon property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.