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Rent by ZIP · Clackamas County

Rent in Lake Oswego, OR 97034

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,250 (-2.6% vs FY2026). Renters in this ZIP code pay a median $2,241 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,830$1,890-3.2%$1,647–2,013–
1 bedroom$1,960$2,020-3%$1,764–2,156$1,953 ±$208
2 bedrooms$2,250$2,310-2.6%$2,025–2,475$2,278 ±$317
3 bedrooms$3,060$3,150-2.9%$2,754–3,366$2,367 ±$386
4 bedrooms$3,680$3,740-1.6%$3,312–4,048$2,757 ±$619

Small Area FMRs for the Portland-Vancouver-Hillsboro, OR-WA MSA. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Portland-Vancouver-Hillsboro, OR-WA MSA, 2 bedrooms: $1,878.

What renters pay in 97034

Median gross rent$2,241±$218 · all sizes
Renter households2,24626% of occupied homes
No cash rent71households

How rents are spread

Under $1,0002%
$1,000–1,4995%
$1,500–1,99931%
$2,000–2,49927%
$2,500–2,99913%
$3,000–3,4993%
$3,500+21%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
97033Kent$1,220–
97035Lake Oswego$2,170$2,088
97032Hubbard$1,790$1,393
97031Hood River$1,950$1,647
97037Maupin$2,180$1,727
97030Gresham$1,880$1,671

Fair Market Rents across Clackamas County, OR · All OR counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.