Rent in Portland-Vancouver-Hillsboro, OR-WA MSA
The Fair Market Rent (FMR) for a two-bedroom home in Portland-Vancouver-Hillsboro, OR-WA MSA is $1,922/month for HUD fiscal year 2026 — HUD's estimate of the 40th-percentile gross rent for standard-quality rentals in this market.
Quick answer: A two-bedroom in Portland-Vancouver-Hillsboro, OR-WA MSA has an FMR of $1,922/month (FY2026). That is 97% above the national median of $974. Portland-Vancouver-Hillsboro, OR-WA MSA ranks #87 of 2,622 HUD FMR areas by two-bedroom rent (1 = most expensive).
Fair Market Rent by bedroom size, Portland-Vancouver-Hillsboro, OR-WA MSA
| Unit size | Fair Market Rent / month |
|---|---|
| Studio / efficiency | $1,570 |
| 1 bedroom | $1,677 |
| 2 bedrooms | $1,922 |
| 3 bedrooms | $2,619 |
| 4 bedrooms | $3,109 |
Nearby on the rent ranking
- Dallas, TX HUD Metro FMR Area$1,931/mo
- Northwest Arctic Borough, AK$1,930/mo
- Cheshire County, NH$1,926/mo
- Flagstaff, AZ MSA$1,921/mo
- Grafton County, NH$1,909/mo
- Warren County, NJ HUD Metro FMR Area$1,895/mo
Frequently asked questions
- How much is rent in Portland-Vancouver-Hillsboro, OR-WA MSA?
- The Fair Market Rent (FMR) for a two-bedroom unit in Portland-Vancouver-Hillsboro, OR-WA MSA is $1,922 per month for HUD fiscal year 2026. A one-bedroom is $1,677 and a three-bedroom is $2,619 per month.
- What is the studio and one-bedroom Fair Market Rent in Portland-Vancouver-Hillsboro, OR-WA MSA?
- For FY2026, HUD's efficiency/studio FMR in Portland-Vancouver-Hillsboro, OR-WA MSA is $1,570 per month and the one-bedroom FMR is $1,677 per month.
- How is the Fair Market Rent for Portland-Vancouver-Hillsboro, OR-WA MSA calculated?
- HUD's Fair Market Rent is an estimate of the 40th-percentile gross rent — rent plus tenant-paid utilities, excluding telephone, cable, satellite and internet — for standard-quality rental units in the local housing market. Figures are set per HUD FMR area and apply to every county within that area.
- What are Fair Market Rents used for in Portland-Vancouver-Hillsboro, OR-WA MSA?
- FMRs set the payment standards for the Housing Choice Voucher (Section 8) program and other HUD rental-assistance programs in Portland-Vancouver-Hillsboro, OR-WA MSA. They cap the subsidy a voucher can pay toward rent and are also widely used as a benchmark for typical local rents.
- How does rent in Portland-Vancouver-Hillsboro, OR-WA MSA compare nationally?
- Portland-Vancouver-Hillsboro, OR-WA MSA ranks #87 of 2,622 HUD FMR areas by two-bedroom FMR (1 = most expensive). The national median two-bedroom FMR is $974 per month.
Source: U.S. Department of Housing and Urban Development (HUD USER), FY2026 Fair Market Rents. Public domain (17 U.S.C. § 105). Figures effective 1 October 2025. Last updated 2025-10-01.