Metro FMR · CBSA 38900 · HUD FY2026

Portland-Vancouver-Hillsboro, OR-WA MSA Fair Market Rent

HUD's FY2026 Fair Market Rent for the Portland-Vancouver-Hillsboro, OR-WA MSA metro area - 75% above the US average.

$1,677
1-bedroom FMR
$1,922
2-bedroom FMR
-4.2%
YoY change
+75%
vs US avg

The verdict

A 2-bedroom in the Portland-Vancouver-Hillsboro, OR-WA MSA area rents at $1,922 under HUD's FY2026 Fair Market Rent - 64% above the US average, higher than 89% of the 387 metro areas HUD tracks.

#43
priciest of 387 US metros (2BR)
+64%
vs the US 2-bedroom average
$76,880
income to afford it (30% rule)
-4.2%
1BR change, FY2025→2026

Affordability & income context

Portland-Vancouver-Hillsboro: #43 priciest nationally · income context

At the metro's ACS median household income of $94,573, this 1-bedroom FMR takes 21.3% of annual income. It remains below the 30% affordability guide, but is a material part of a median-income household's budget.

The 2-bedroom figure places Portland-Vancouver-Hillsboro in the upper-rent quarter of HUD metro areas, using the same FY2026 HUD schedule as the national comparison.

With 2,505,312 residents, this is a large metro benchmark rather than a single-neighborhood rent quote.

Population has held roughly steady over the past five years (+3.8%, Census ACS).

The ACS rental vacancy rate here is 4.0%, close to the range where market rents and HUD's FMR benchmark tend to track each other.

The Census ACS median gross rent across all rental units here is $1,654/month - the FY2026 HUD two-bedroom FMR of $1,922 runs 16.2% above that all-unit-types median. The two figures measure different things (ACS covers every rented unit; FMR targets a specific bedroom count), so a gap is expected, not an error.

Its 2-bedroom FMR sits in the upper-rent quarter of HUD metro areas, so the local-income comparison is more informative than the national rank alone.

The studio-through-two-bedroom FMR bands stay below 30% of recorded median income here; the larger-bedroom rows show where that headroom narrows.

Observed renter burden: 49.4% of the 380,026 renter households counted by ACS paid at least 30% of income in gross rent. This ACS 2023 household measure is distinct from the FY2026 HUD FMR benchmark.

ACS median household income lags the FY2026 HUD FMR schedule. The income share is a same-metro cross-source read (Census ACS B19013 vs HUD FMR), not a same-vintage ratio.

Studio

$1,570/mo

19.9% of median income

1 Bedroom

$1,677/mo

21.3% of median income

2 Bedroom

$1,922/mo

24.4% of median income

3 Bedroom

$2,619/mo

33.2% of median income

4 Bedroom

$3,109/mo

39.4% of median income

FMR filing desk

CBSA CBSA·38900

Portland-Vancouver-Hillsboro: $1,677/mo 1BR · #43 of 387 metros (2BR) · FY2026 CBSA 38900

  • CBSA 38900
  • 1BR-FMR $1,677
  • 2BR-FMR $1,922
  • RANK-MID #43
  • YOY-DOWN -4.2%
  • VSUS-HIGH +75%
  • IN-ST-HIGH #8 OR
  • INC-MID 21%
  • POP-MEGA 2.5M
  • PHOTO-NEAR Albany
  • VOUCH-90-110 $1,509–$1,845
  • FY-2026 FY2026

Photo-finish peer: Albany ($441 1BR gap)

Read with: Understanding rent burden

Where Portland-Vancouver-Hillsboro sits among every US metro

2-bedroom Fair Market Rent vs. all 387 HUD metro areas

$1,922 Top 11% higher than 89% of 387 metro areas

$800–$1,000: 28 metro areas (7%). Below this entry. $1,000–$1,200: 114 metro areas (29%). Below this entry. $1,200–$1,400: 95 metro areas (25%). Below this entry. $1,400–$1,600: 52 metro areas (13%). Below this entry. $1,600–$1,800: 41 metro areas (11%). Below this entry. $1,800–$2,000: 26 metro areas (7%). This entry sits in this band. $2,000–$2,200: 9 metro areas (2%). Above this entry. $2,200–$2,400: 5 metro areas (1%). Above this entry. $2,400–$2,600: 5 metro areas (1%). Above this entry. $2,600–$2,800: 5 metro areas (1%). Above this entry. $2,800–$3,000: 4 metro areas (1%). Above this entry. $3,000–$3,200: 2 metro areas (1%). Above this entry. $3,200–$3,400: 0 metro areas (0%). Above this entry. $3,400–$3,600: 0 metro areas (0%). Above this entry. $3,600–$3,800: 0 metro areas (0%). Above this entry. $3,800–$4,000: 0 metro areas (0%). Above this entry. $4,000–$4,200: 0 metro areas (0%). Above this entry. $4,200–$4,400: 1 metro areas (0%). Above this entry. This metro $800 $4,400 every US metro, bucketed by value

Each bar is a $0.2K-wide band; taller bars hold more metro areas. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Department of Housing and Urban Development, Fair Market Rents · FY2026

CBSA 38900

Counties inside Portland-Vancouver-Hillsboro

Across 7 HUD counties in CBSA 38900, 2-bedroom FMRs cluster tightly ($1,922–$1,922, 0% spread), so the metro-wide schedule tracks most constituent counties closely.

Multnomah County 2BR $1,922 · 808K Washington County 2BR $1,922 · 600K Clark County 2BR $1,922 · 504K Clackamas County 2BR $1,922 · 421K Yamhill County 2BR $1,922 · 108K Columbia County 2BR $1,922 · 53K

Showing the 6 largest of 7 HUD counties in this CBSA. County pages carry filing-level FMR detail.

Portland-Vancouver-Hillsboro studio–4BR schedule (FY2026) · 2BR #43 nationally

1BR $1,677 (+75% vs US, -4.2% YoY). Each bedroom band below is FY2026 HUD FMR for CBSA 38900.

Studio
$1,570
US avg $893
↓3.6% YoY +76% vs US
1 Bedroom
$1,677
US avg $959
↓4.2% YoY +75% vs US
2 Bedroom
$1,922
US avg $1,175
↓3.8% YoY +64% vs US
3 Bedroom
$2,619
US avg $1,525
↓4.4% YoY +72% vs US
4 Bedroom
$3,109
US avg $1,756
↓3.4% YoY +77% vs US

How Portland-Vancouver-Hillsboro compares on 1-bedroom rent

1-bedroom FMR vs other OR metro areas

1BR FMR / mo

What this shows Portland-Vancouver-Hillsboro highlighted among 5 peers · FY2026 1BR HUD FMR.

Source U.S. Department of Housing and Urban Development (HUD) As of FY2026

Portland-Vancouver-Hillsboro: out-of-state FMR & burden peers

PlainRent pairs Portland-Vancouver-Hillsboro with the 4 nearest HUD 2BR schedules and 4 nearest burden matches outside OR (burden peers exclude the FMR set; pop ≥50k).

2BR FMR · outside OR

Nearest schedules by 2BR delta (FY2026).

Flagstaff
AZ · 2 BR $1,921/mo
Dallas
TX · 2 BR $1,931/mo
Warren County
NJ · 2 BR $1,895/mo
Trenton-Princeton
NJ · 2 BR $1,950/mo

Burden % · outside OR

Nearest 2BR FMR ÷ ACS median income (FY2026).

Clarksville
TN · 24.4% of income · 2 BR $1,346/mo
Shreveport-Bossier City
LA · 24.4% of income · 2 BR $1,111/mo
San Angelo
TX · 24.3% of income · 2 BR $1,339/mo
McAllen-Edinburg-Mission
TX · 24.3% of income · 2 BR $1,060/mo

Portland-Vancouver-Hillsboro: quick answers

What is the average rent in the Portland-Vancouver-Hillsboro, OR-WA MSA metro area? ▼
The FY 2026 Fair Market Rent for a 1-bedroom in Portland-Vancouver-Hillsboro, OR-WA MSA is $1,677 per month. A 2-bedroom is $1,922 and a studio is $1,570.
How does Portland-Vancouver-Hillsboro, OR-WA MSA rent compare to the national average? ▼
Rent in the Portland-Vancouver-Hillsboro, OR-WA MSA metro area is 75% above the national average. A 1-bedroom costs $1,677 compared to $959 nationally.
Where does Portland-Vancouver-Hillsboro rank nationally for Fair Market Rent? ▼
HUD's FY 2026 2-bedroom FMR of $1,922 ranks #43 most expensive among 387 US metro areas (the upper-rent quarter of HUD metro areas).
Do county rents differ inside the Portland-Vancouver-Hillsboro metro area? ▼
Yes. HUD assigns one metro-wide FMR for CBSA 38900, but 7 constituent counties publish their own county FMR schedules spanning $1,922–$1,922 for a 2-bedroom (0% spread). Use county pages for filing at the county level.
Is Portland-Vancouver-Hillsboro's population growing, and how tight is its rental market? ▼
Population has held roughly steady over the past five years (+3.8%, Census ACS). The ACS rental vacancy rate here is 4.0%, close to the range where market rents and HUD's FMR benchmark tend to track each other.

Compare Portland-Vancouver-Hillsboro vs Albany →

What this means for renters

Treat Portland-Vancouver-Hillsboro's FY2026 Fair Market Rent as HUD's affordability benchmark, not a single market quote.

  • Budget to roughly 30% of income: the FY2026 1-bedroom FMR of $1,677 implies about $67,080/yr to rent without being cost-burdened. Run your numbers
  • See how Portland-Vancouver-Hillsboro stacks up against a comparable metro before assuming this figure applies elsewhere. Compare vs Albany
  • See where Portland-Vancouver-Hillsboro ranks nationally on rent. National rankings

Fair Market Rent is HUD's 40th-percentile policy benchmark used to set Housing Choice Voucher payment standards. This is a metro-wide figure across 7 counties; actual asking rents in any specific county can run higher or lower, and HUD updates FMRs once a year. This site is informational and not financial or relocation advice.

Data as of FY 2026. Source: U.S. Department of Housing and Urban Development (HUD) Fair Market Rents. Population and demographic data from U.S. Census Bureau American Community Survey (ACS).

Read our methodology - how this data is sourced, computed, and verified.

FY 2026 HUD FMR $1,677/mo · 1BR OR

Every figure on PlainRent is rendered directly from HUD's published Fair Market Rent records, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of FY 2026.