Rent by ZIP · Multnomah County
Rent in Portland, OR 97217
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,230 (-3.9% vs FY2026). Renters in this ZIP code pay a median $1,829 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,810 | $1,900 | -4.7% | $1,629–1,991 | $1,264 ±$147 |
| 1 bedroom | $1,940 | $2,020 | -4% | $1,746–2,134 | $1,672 ±$75 |
| 2 bedrooms | $2,230 | $2,320 | -3.9% | $2,007–2,453 | $2,057 ±$132 |
| 3 bedrooms | $3,030 | $3,160 | -4.1% | $2,727–3,333 | $2,375 ±$307 |
| 4 bedrooms | $3,640 | $3,750 | -2.9% | $3,276–4,004 | $3,500+ |
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 97217
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 |
|---|---|---|---|
| 97216 | Portland | $1,730 | $1,496 |
| 97218 | Portland | $1,770 | $2,047 |
| 97215 | Portland | $1,780 | $1,663 |
| 97219 | Portland | $1,970 | $1,794 |
| 97214 | Portland | $2,180 | $1,963 |
| 97220 | Portland | $1,730 | $1,587 |
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.