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Rent by ZIP · Multnomah County

Rent in Portland, OR 97209

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,180 (-6.4% vs FY2026). Renters in this ZIP code pay a median $1,690 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,770$1,900-6.8%$1,593–1,947$1,413 ±$92
1 bedroom$1,900$2,030-6.4%$1,710–2,090$1,685 ±$69
2 bedrooms$2,180$2,330-6.4%$1,962–2,398$2,349 ±$407
3 bedrooms$2,960$3,180-6.9%$2,664–3,256$2,500 ±$1,213
4 bedrooms$3,560$3,770-5.6%$3,204–3,916–

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 97209

Median gross rent$1,690±$51 · all sizes
Renter households11,84180% of occupied homes
No cash rent244households

How rents are spread

Under $1,00015%
$1,000–1,49924%
$1,500–1,99929%
$2,000–2,49918%
$2,500–2,9995%
$3,000–3,4994%
$3,500+6%

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

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
97210Portland$1,800$2,203
97211Portland$2,070$2,030
97206Portland$1,830$1,744
97212Portland$2,020$1,884
97205Portland$1,730$2,067
97213Portland$1,940$1,759

Fair Market Rents across Multnomah 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.