Fair Market Rent · Oregon
Fair Market Rent in Multnomah County, OR
FY2027 HUD figures, effective October 1, 2026, plus what renters pay by ZIP code.
HUD's FY2027 Fair Market Rent for a 2-bedroom home in Multnomah County is $1,878 a month, -2.3% from FY2026. Multnomah County is part of the Portland-Vancouver-Hillsboro, OR-WA 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 | $1,527 | $1,570 | -2.7% | $1,374–1,680 |
| 1 bedroom | $1,633 | $1,677 | -2.6% | $1,470–1,796 |
| 2 bedrooms | $1,878 | $1,922 | -2.3% | $1,690–2,066 |
| 3 bedrooms | $2,550 | $2,619 | -2.6% | $2,295–2,805 |
| 4 bedrooms | $3,069 | $3,109 | -1.3% | $2,762–3,376 |
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 Multnomah 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 |
|---|---|---|---|---|
| 97019 | Corbett | $1,990 | $1,567 | $1,695 |
| 97024 | Fairview | $1,730 | $1,630 | $1,625 |
| 97030 | Gresham | $1,880 | $1,671 | $1,667 |
| 97060 | Troutdale | $1,770 | $1,578 | $1,644 |
| 97080 | Gresham | $1,790 | $1,679 | $1,654 |
| 97201 | Portland | $2,120 | $2,044 | $1,516 |
| 97202 | Portland | $2,030 | $1,828 | $1,705 |
| 97203 | Portland | $1,800 | $1,680 | $1,571 |
| 97204 | Portland | $1,730 | – | $807 |
| 97205 | Portland | $1,730 | $2,067 | $1,386 |
| 97206 | Portland | $1,830 | $1,744 | $1,762 |
| 97208 | Portland | $2,180 | – | – |
| 97209 | Portland | $2,180 | $2,349 | $1,690 |
| 97210 | Portland | $1,800 | $2,203 | $1,653 |
| 97211 | Portland | $2,070 | $2,030 | $1,863 |
| 97212 | Portland | $2,020 | $1,884 | $1,763 |
| 97213 | Portland | $1,940 | $1,759 | $1,614 |
| 97214 | Portland | $2,180 | $1,963 | $1,645 |
| 97215 | Portland | $1,780 | $1,663 | $1,669 |
| 97216 | Portland | $1,730 | $1,496 | $1,467 |
| 97217 | Portland | $2,230 | $2,057 | $1,829 |
| 97218 | Portland | $1,770 | $2,047 | $1,465 |
| 97219 | Portland | $1,970 | $1,794 | $1,707 |
| 97220 | Portland | $1,730 | $1,587 | $1,471 |
| 97221 | Portland | $1,910 | $1,671 | $1,738 |
| 97227 | Portland | $1,830 | $2,202 | $1,629 |
| 97230 | Portland | $1,750 | $1,602 | $1,620 |
| 97231 | Portland | $1,960 | $1,943 | $1,898 |
| 97232 | Portland | $1,920 | $1,959 | $1,646 |
| 97233 | Portland | $1,730 | $1,377 | $1,400 |
| 97236 | Portland | $1,730 | $1,583 | $1,635 |
| 97239 | Portland | $2,160 | $2,055 | $1,789 |
| 97258 | Portland | $1,810 | – | – |
| 97266 | Portland | $1,770 | $1,600 | $1,595 |
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.