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Rent by ZIP · Washington County

Rent in Portland, OR 97229

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,100 (-2.3% vs FY2026). Renters in this ZIP code pay a median $2,024 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,710$1,760-2.8%$1,539–1,881$1,330 ±$92
1 bedroom$1,830$1,880-2.7%$1,647–2,013$1,623 ±$77
2 bedrooms$2,100$2,150-2.3%$1,890–2,310$1,963 ±$111
3 bedrooms$2,850$2,930-2.7%$2,565–3,135$2,522 ±$146
4 bedrooms$3,430$3,480-1.4%$3,087–3,773$3,395 ±$252

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 97229

Median gross rent$2,024±$92 · all sizes
Renter households8,57530% of occupied homes
No cash rent142households

How rents are spread

Under $1,0005%
$1,000–1,49915%
$1,500–1,99929%
$2,000–2,49926%
$2,500–2,99911%
$3,000–3,4996%
$3,500+8%

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

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
97230Portland$1,750$1,602
97227Portland$1,830$2,202
97231Portland$1,960$1,943
97232Portland$1,920$1,959
97225Portland$1,910$1,940
97233Portland$1,730$1,377

Fair Market Rents across Washington 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.