OR/Multnomah County/PORTLAND
PORTLAND, OR
CitySAFMR
Multnomah County
Found 58 ZIPs
Zillow
BRFMR
Eff. Rent
0 BR$1,470 – $1,900▼$1,100 – $1,640
1 BR$1,580 – $2,030▼$1,340 – $2,190
2 BR$1,800 – $2,330▼$1,610 – $2,560
3 BR$2,470 – $3,180▼$2,290 – $3,390
4 BR$2,900 – $3,770▼$2,690 – $3,890
5 BR$3,473▼—
6 BR$3,994▼—
7 BR$4,593▼—
8 BR$5,282▼—

Upgrade to access AI-powered research tools

Upgrade

Rolodex

Upgrade to access AI-powered research tools

Upgrade

Market Alignment

FMR / market rent by bedroom.

Studio
Studio- 2 ZIPs
0.91ratio range
Median FMR$1,485
Median Market$1,635
vs market-$150

FMR is near market; voucher and private rents are aligned.

Studio- 16 ZIPs
0.96ratio range
Median FMR$1,530
Median Market$1,590
vs market-$60

FMR is near market; voucher and private rents are aligned.

16
Studio- 2 ZIPs
1.01ratio range
Median FMR$1,530
Median Market$1,510
vs market+$20

FMR is near market; voucher and private rents are aligned.

Studio- 4 ZIPs
1.03ratio range
Median FMR$1,520
Median Market$1,475
vs market+$45

FMR is near market; voucher and private rents are aligned.

Studio- 3 ZIPs
1.06-1.10ratio range
Median FMR$1,530
Median Market$1,440
vs market+$90

FMR is near market; voucher and private rents are aligned.

Studio- 6 ZIPs
1.10-1.14ratio range
Median FMR$1,555
Median Market$1,405
vs market+$150

FMR is above market; underwrite to market rent.

Studio- 6 ZIPs
1.16-1.19ratio range
Median FMR$1,640
Median Market$1,410
vs market+$230

FMR is above market; underwrite to market rent.

Studio- 6 ZIPs
1.21-1.24ratio range
Median FMR$1,670
Median Market$1,350
vs market+$320

FMR is above market; underwrite to market rent.

Studio- 2 ZIPs
1.27-1.28ratio range
Median FMR$1,560
Median Market$1,225
vs market+$335

FMR is above market; underwrite to market rent.

Studio- 3 ZIPs
1.33-1.34ratio range
Median FMR$1,780
Median Market$1,330
vs market+$450

FMR is above market; underwrite to market rent.

Studio- 4 ZIPs
1.36-1.50ratio range
Median FMR$1,870
Median Market$1,275
vs market+$595

FMR is above market; underwrite to market rent.

0.91-1.50
1 BR
1 BR- 2 ZIPs
0.77-0.80ratio range
Median FMR$1,595
Median Market$2,025
vs market-$430

FMR is below market; voucher rent may lag private rents.

1 BR- 19 ZIPs
0.81-0.85ratio range
Median FMR$1,630
Median Market$2,000
vs market-$370

FMR is below market; voucher rent may lag private rents.

19
1 BR- 5 ZIPs
0.88-0.89ratio range
Median FMR$1,680
Median Market$1,910
vs market-$230

FMR is below market; voucher rent may lag private rents.

1 BR- 1 ZIP
0.93ratio
FMR$1,610
Market$1,740
vs market-$130

FMR is near market; voucher and private rents are aligned.

1 BR- 4 ZIPs
0.96-0.98ratio range
Median FMR$1,920
Median Market$1,970
vs market-$50

FMR is near market; voucher and private rents are aligned.

1 BR- 6 ZIPs
0.98-1.01ratio range
Median FMR$1,675
Median Market$1,685
vs market-$10

FMR is near market; voucher and private rents are aligned.

1 BR- 4 ZIPs
1.03-1.06ratio range
Median FMR$1,670
Median Market$1,615
vs market+$55

FMR is near market; voucher and private rents are aligned.

1 BR- 8 ZIPs
1.07-1.10ratio range
Median FMR$1,765
Median Market$1,645
vs market+$120

FMR is near market; voucher and private rents are aligned.

1 BR- 3 ZIPs
1.12-1.15ratio range
Median FMR$1,880
Median Market$1,640
vs market+$240

FMR is above market; underwrite to market rent.

1 BR- 1 ZIP
1.18ratio
FMR$1,580
Market$1,340
vs market+$240

FMR is above market; underwrite to market rent.

1 BR- 1 ZIP
1.28ratio
FMR$1,990
Market$1,550
vs market+$440

FMR is above market; underwrite to market rent.

0.77-1.28
2 BR
2 BR- 17 ZIPs
0.61-0.64ratio range
Median FMR$1,870
Median Market$2,940
vs market-$1,070

FMR is below market; voucher rent may lag private rents.

17
2 BR- 1 ZIP
0.71ratio
FMR$1,850
Market$2,600
vs market-$750

FMR is below market; voucher rent may lag private rents.

2 BR- 2 ZIPs
0.74-0.76ratio range
Median FMR$1,865
Median Market$2,495
vs market-$630

FMR is below market; voucher rent may lag private rents.

2 BR- 2 ZIPs
0.78-0.79ratio range
Median FMR$1,830
Median Market$2,330
vs market-$500

FMR is below market; voucher rent may lag private rents.

2 BR- 3 ZIPs
0.83-0.85ratio range
Median FMR$2,110
Median Market$2,470
vs market-$360

FMR is below market; voucher rent may lag private rents.

2 BR- 5 ZIPs
0.87-0.89ratio range
Median FMR$1,950
Median Market$2,220
vs market-$270

FMR is below market; voucher rent may lag private rents.

2 BR- 6 ZIPs
0.91-0.94ratio range
Median FMR$1,870
Median Market$2,020
vs market-$150

FMR is near market; voucher and private rents are aligned.

2 BR- 1 ZIP
0.94ratio
FMR$2,150
Market$2,280
vs market-$130

FMR is near market; voucher and private rents are aligned.

2 BR- 9 ZIPs
0.98-1.02ratio range
Median FMR$2,050
Median Market$2,010
vs market+$40

FMR is near market; voucher and private rents are aligned.

9
2 BR- 6 ZIPs
1.03-1.06ratio range
Median FMR$2,035
Median Market$1,930
vs market+$105

FMR is near market; voucher and private rents are aligned.

2 BR- 1 ZIP
1.08ratio
FMR$1,800
Market$1,670
vs market+$130

FMR is near market; voucher and private rents are aligned.

2 BR- 1 ZIP
1.12ratio
FMR$1,800
Market$1,610
vs market+$190

FMR is above market; underwrite to market rent.

0.61-1.12
3 BR
3 BR- 1 ZIP
0.66ratio
FMR$2,470
Market$3,760
vs market-$1,290

FMR is below market; voucher rent may lag private rents.

3 BR- 16 ZIPs
0.72ratio range
Median FMR$2,550
Median Market$3,560
vs market-$1,010

FMR is below market; voucher rent may lag private rents.

16
3 BR- 2 ZIPs
0.75-0.76ratio range
Median FMR$2,595
Median Market$3,435
vs market-$840

FMR is below market; voucher rent may lag private rents.

3 BR- 2 ZIPs
0.84-0.85ratio range
Median FMR$2,475
Median Market$2,920
vs market-$445

FMR is below market; voucher rent may lag private rents.

3 BR- 3 ZIPs
0.87-0.89ratio range
Median FMR$2,550
Median Market$2,930
vs market-$380

FMR is below market; voucher rent may lag private rents.

3 BR- 3 ZIPs
0.91-0.93ratio range
Median FMR$2,680
Median Market$2,880
vs market-$200

FMR is near market; voucher and private rents are aligned.

3 BR- 8 ZIPs
0.95-0.97ratio range
Median FMR$2,590
Median Market$2,725
vs market-$135

FMR is near market; voucher and private rents are aligned.

8
3 BR- 7 ZIPs
1.00-1.02ratio range
Median FMR$2,550
Median Market$2,510
vs market+$40

FMR is near market; voucher and private rents are aligned.

3 BR- 4 ZIPs
1.02-1.04ratio range
Median FMR$2,715
Median Market$2,630
vs market+$85

FMR is near market; voucher and private rents are aligned.

3 BR- 4 ZIPs
1.06-1.08ratio range
Median FMR$2,870
Median Market$2,690
vs market+$180

FMR is near market; voucher and private rents are aligned.

3 BR- 3 ZIPs
1.16-1.18ratio range
Median FMR$2,780
Median Market$2,400
vs market+$380

FMR is above market; underwrite to market rent.

3 BR- 1 ZIP
1.21ratio
FMR$3,160
Market$2,620
vs market+$540

FMR is above market; underwrite to market rent.

0.66-1.21
4 BR
4 BR- 2 ZIPs
0.72-0.73ratio range
Median FMR$3,035
Median Market$4,185
vs market-$1,150

FMR is below market; voucher rent may lag private rents.

4 BR- 1 ZIP
0.75ratio
FMR$2,900
Market$3,890
vs market-$990

FMR is below market; voucher rent may lag private rents.

4 BR- 1 ZIP
0.80ratio
FMR$2,990
Market$3,760
vs market-$770

FMR is below market; voucher rent may lag private rents.

4 BR- 2 ZIPs
0.82ratio range
Median FMR$2,980
Median Market$3,625
vs market-$645

FMR is below market; voucher rent may lag private rents.

4 BR- 3 ZIPs
0.87-0.89ratio range
Median FMR$2,980
Median Market$3,330
vs market-$350

FMR is below market; voucher rent may lag private rents.

4 BR- 5 ZIPs
0.90-0.93ratio range
Median FMR$3,410
Median Market$3,770
vs market-$360

FMR is near market; voucher and private rents are aligned.

4 BR- 21 ZIPs
0.95-0.98ratio range
Median FMR$3,020
Median Market$3,150
vs market-$130

FMR is near market; voucher and private rents are aligned.

21
4 BR- 6 ZIPs
0.99-1.02ratio range
Median FMR$3,085
Median Market$3,090
vs market-$5

FMR is near market; voucher and private rents are aligned.

4 BR- 5 ZIPs
1.03-1.06ratio range
Median FMR$2,990
Median Market$2,900
vs market+$90

FMR is near market; voucher and private rents are aligned.

4 BR- 1 ZIP
1.08ratio
FMR$2,900
Market$2,690
vs market+$210

FMR is near market; voucher and private rents are aligned.

4 BR- 2 ZIPs
1.13-1.15ratio range
Median FMR$3,625
Median Market$3,185
vs market+$440

FMR is above market; underwrite to market rent.

4 BR- 4 ZIPs
1.16-1.18ratio range
Median FMR$3,390
Median Market$2,905
vs market+$485

FMR is above market; underwrite to market rent.

4 BR- 1 ZIP
1.39ratio
FMR$3,770
Market$2,710
vs market+$1,060

FMR is above market; underwrite to market rent.

0.72-1.39
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for PORTLAND, OR (OR) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

What is FMR?What is SAFMR?Data sourcesIncomplete geosView county page
Related ZIPs
97201972029720397204972059720697207972089720997210

PORTLAND, OR fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for PORTLAND, OR shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,870 and the 4 bedroom fair market rent is $3,020.

Use this page for searches like PORTLAND, OR FMR, PORTLAND, OR fair market rent, and PORTLAND, OR Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for PORTLAND, OR
Bedroom sizeHUD FMR
Studio$1,530
1 bedroom$1,630
2 bedroom$1,870
3 bedroom$2,550
4 bedroom$3,020
Multnomah County fair market rent97201 FMR97202 FMR97203 FMR97204 FMR97205 FMR97206 FMR97207 FMR97208 FMR