Rent by ZIP · Multnomah County
Rent in Portland, OR 97218
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,770 (-3.8% vs FY2026). Renters in this ZIP code pay a median $1,465 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,440 | $1,500 | -4% | $1,296–1,584 | – |
| 1 bedroom | $1,540 | $1,610 | -4.3% | $1,386–1,694 | $1,051 ±$85 |
| 2 bedrooms | $1,770 | $1,840 | -3.8% | $1,593–1,947 | $2,047 ±$360 |
| 3 bedrooms | $2,400 | $2,510 | -4.4% | $2,160–2,640 | $1,575 ±$626 |
| 4 bedrooms | $2,890 | $2,980 | -3% | $2,601–3,179 | $1,335 ±$101 |
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 97218
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 |
|---|---|---|---|
| 97217 | Portland | $2,230 | $2,057 |
| 97219 | Portland | $1,970 | $1,794 |
| 97216 | Portland | $1,730 | $1,496 |
| 97220 | Portland | $1,730 | $1,587 |
| 97215 | Portland | $1,780 | $1,663 |
| 97221 | Portland | $1,910 | $1,671 |
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.