Rent by ZIP · Multnomah County
Rent in Portland, OR 97212
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,020 (-4.3% vs FY2026). Renters in this ZIP code pay a median $1,763 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,640 | $1,720 | -4.7% | $1,476–1,804 | $1,117 ±$90 |
| 1 bedroom | $1,760 | $1,840 | -4.3% | $1,584–1,936 | $1,341 ±$182 |
| 2 bedrooms | $2,020 | $2,110 | -4.3% | $1,818–2,222 | $1,884 ±$148 |
| 3 bedrooms | $2,740 | $2,880 | -4.9% | $2,466–3,014 | $2,541 ±$273 |
| 4 bedrooms | $3,300 | $3,410 | -3.2% | $2,970–3,630 | $2,740 ±$395 |
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 97212
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 97211 | Portland | $2,070 | $2,030 |
| 97213 | Portland | $1,940 | $1,759 |
| 97210 | Portland | $1,800 | $2,203 |
| 97214 | Portland | $2,180 | $1,963 |
| 97209 | Portland | $2,180 | $2,349 |
| 97215 | Portland | $1,780 | $1,663 |
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.