Rent by ZIP ·
Rent in Portland, OR 97240
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,810 (-3.2% vs FY2026).
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,470 | $1,530 | -3.9% | $1,323–1,617 | – |
| 1 bedroom | $1,570 | $1,630 | -3.7% | $1,413–1,727 | – |
| 2 bedrooms | $1,810 | $1,870 | -3.2% | $1,629–1,991 | – |
| 3 bedrooms | $2,460 | $2,550 | -3.5% | $2,214–2,706 | – |
| 4 bedrooms | $2,960 | $3,020 | -2% | $2,664–3,256 | – |
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.
The Census doesn't publish reliable rent figures for this ZIP code, usually because few homes here are rented.
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 97239 | Portland | $2,160 | $2,055 |
| 97236 | Portland | $1,730 | $1,583 |
| 97233 | Portland | $1,730 | $1,377 |
| 97232 | Portland | $1,920 | $1,959 |
| 97231 | Portland | $1,960 | $1,943 |
| 97230 | Portland | $1,750 | $1,602 |
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.