97209
ZIPSAFMR
Multnomah County, OR
BRFMR
Eff. Rent
0 BR$1,900$1,560
1 BR$2,030$2,030
2 BR$2,330$2,330
3 BR$3,180$3,180
4 BR$3,770$3,560
5 BR$4,336
6 BR$4,986
7 BR$5,734
8 BR$6,594

Market Alignment

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

Studio
Studio
1.22ratio
FMR$1,900
Market$1,560
vs market+$340

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

1.22
1 BR
1 BR
0.89ratio
FMR$2,030
Market$2,270
vs market-$240

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.89
2 BR
2 BR
0.84ratio
FMR$2,330
Market$2,790
vs market-$460

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.84
3 BR
3 BR
0.91ratio
FMR$3,180
Market$3,510
vs market-$330

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

0.91
4 BR
4 BR
1.06ratio
FMR$3,770
Market$3,560
vs market+$210

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

1.06
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

Purchase Price Calculator

Maximum purchase price
$284,321
Rent
$2,330
Down payment
$56,864
Loan
$227,456
Mortgage
$1,438
Expenses
$692
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 97209 (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.