97201
ZIPSAFMR
Multnomah County, OR
BRFMR
Eff. Rent
0 BR$1,860$1,240
1 BR$1,990$1,550
2 BR$2,280$2,280
3 BR$3,110$3,090
4 BR$3,690$3,690
5 BR$4,244
6 BR$4,880
7 BR$5,612
8 BR$6,454

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio
1.50ratio
FMR$1,860
Market$1,240
vs market+$620

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.50
1 BR
1 BR
1.28ratio
FMR$1,990
Market$1,550
vs market+$440

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.28
2 BR
2 BR
1.00ratio
FMR$2,280
Market$2,280
vs market+$0

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1.00
3 BR
3 BR
1.01ratio
FMR$3,110
Market$3,090
vs market+$20

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1.01
4 BR
4 BR
0.92ratio
FMR$3,690
Market$4,000
vs market-$310

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

0.92
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger unit sizes.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

Purchase Price Calculator

Maximum purchase price
$276,891
Rent
$2,280
Down payment
$55,378
Loan
$221,512
Mortgage
$1,400
Expenses
$680
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 97201 (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.