97214
ZIPSAFMR
Multnomah County, OR
BRFMR
Eff. Rent
0 BR$1,880$1,380
1 BR$2,010$1,900
2 BR$2,300$2,230
3 BR$3,130$2,940
4 BR$3,720$3,240
5 BR$4,278
6 BR$4,920
7 BR$5,658
8 BR$6,506

Purchase Price Calculator

Maximum purchase price
$269,461

Cost breakdown

+Likely effective rent$2,230
HUD FMR$2,300
Market rentUsed$2,230
Est. payment standard (98%)$2,250
Market rent is below the inferred standard ($2,250, 98% of FMR).
-Principal and interest-$1,363
Loan amount$215,568
Down payment$53,892
Rate6.50%
Term30 years
-Operating costs-$667
Property taxes-$269
Insurance-$175
Utilities$0
HOA$0
Management-$223
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$35,642(66.1% ROI)
Projected value
$290,180
Current value$269,461
Return breakdown
Property appreciation+$20,719
Loan principal paid down+$7,723
Rental cash flow+$7,200
5-year hold
+$61,182(113.5% ROI)
Projected value
$304,870
Current value$269,461
Return breakdown
Property appreciation+$35,409
Loan principal paid down+$13,773
Rental cash flow+$12,000
10-year hold
+$132,290(245.5% ROI)
Projected value
$344,932
Current value$269,461
Return breakdown
Property appreciation+$75,472
Loan principal paid down+$32,818
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
1.36ratio
FMR$1,880
Market$1,380
vs market+$500

FMR is above market; underwrite to market rent.

90% standard$1,692 / 1.23 ratio110% standard$2,068 / 1.50 ratio
1.36
1 BR
1 BR
1.06ratio
FMR$2,010
Market$1,900
vs market+$110

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

90% standard$1,809 / 0.95 ratio110% standard$2,211 / 1.16 ratio
1.06
2 BR
2 BR
1.03ratio
FMR$2,300
Market$2,230
vs market+$70

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

90% standard$2,070 / 0.93 ratio110% standard$2,530 / 1.13 ratio
1.03
3 BR
3 BR
1.06ratio
FMR$3,130
Market$2,940
vs market+$190

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

90% standard$2,817 / 0.96 ratio110% standard$3,443 / 1.17 ratio
1.06
4 BR
4 BR
1.15ratio
FMR$3,720
Market$3,240
vs market+$480

FMR is above market; underwrite to market rent.

90% standard$3,348 / 1.03 ratio110% standard$4,092 / 1.26 ratio
1.15
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger unit sizes.

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 97214 (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.

97214 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 97214 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,300 and the 4 bedroom fair market rent is $3,720.

Use this page for searches like 97214 FMR, 97214 fair market rent, and 97214 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 97214
Bedroom sizeHUD FMR
Studio$1,880
1 bedroom$2,010
2 bedroom$2,300
3 bedroom$3,130
4 bedroom$3,720