Housing market/Oregon/ZIP 97396

ACS 2023 · FY2027 SAFMR

ZIP 97396 Willamina, Oregon

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

Population
3,447
Households
1,378
Median HH income
$52,857
Renter share
28.5%
Median gross rent
$1,104
Vacancy
6.5%
Pop. change
+4.5%
2BR SAFMR
$1,730
SAFMR / rent
1.567×
2–49 unit stock
218
LIHTC proj / units
—
HUD assisted MF
1 / 24

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 97396 · OR — sent to you.

ZIP 97396 · OR

ACS median rent$1,104
2BR SAFMR$1,730
90% floor$1,557
110% ceiling$1,903

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

Housing stock

ACS 2023 units-in-structure · ZCTA 97396

  • 1-unit detached1,07476.6%
  • 1-unit attached362.6%
  • 2–4 units15511.1%
  • 5–49 units634.5%
  • Mobile745.3%
TypeUnitsShare
1-unit detached1,07472.9%
1-unit attached362.4%
2 units (duplex)563.8%
3–4 units996.7%
5–9 units463.1%
10–19 units171.2%
20–49 units00.0%
50+ units00.0%
Mobile745.0%

2–4 unit share 10.5% · 5–49 unit share 4.3% · combined 2–49 14.8%.

Units by bedrooms

Studio
23
1BR
166
2BR
482
3BR
582
4BR
177
5+
43

Rent burden

Rent ≥30% of income44.8%
Rent ≥50% of income14.0%
  • ACS median gross rent $1,104 (all bedrooms, occupied rentals).
  • Median contract rent $921.
  • Renters paying ≥30% of income 44.8%; ≥50% 14.0%.
  • FY2027 2BR SAFMR $1,730 (1.567× ACS median gross rent).

Population

3,447 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +4.5%.

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: 1 properties, 24 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 97396 28.5% of occupied households are renters; vacancy is 6.5%; ACS median gross rent is $1,104; population increased +4.5% between the 2018 and 2023 ACS vintages; the housing stock includes 155 units in 2–4-unit structures and 63 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,730 versus ACS median gross rent of $1,104. 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 97396 is a Census / HUD profile for Salem, 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 97396?

ZIP 97396 (Salem, OR MSA) has 3,447 residents, 1,378 households, a renter share of 28.5%, median household income of $52,857, and ACS 2023 median gross rent of $1,104. Vacancy is 6.5%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 97396?

ACS counts 56 units in 2-unit buildings, 99 in 3–4 unit buildings, 46 in 5–9, 17 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 218 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 97396?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,730. See the full schedule and 90–110% payment-standard band on the ZIP 97396 — Willamina, OR HUD Section 8 Payment Standards / SAFMR.

Does this Oregon ZIP profile include Georgia listings?

No. ZIP 97396 is Census / HUD research for Salem, OR MSA. 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.