Portland-Vancouver-Hillsboro Fair Market Rent 2026
HUD Fair Market Rent data for the Portland-Vancouver-Hillsboro metropolitan area. Median household income: $90,070/year. Vacancy rate: 4.7%.
2BR FMR
$1,308/mo
Median Income
$90,070
Vacancy Rate
4.7%
Rent Burden
17.4%
Fair Market Rent by Bedroom Size
Affordability Analysis
Based on the 30% rule, a household earning the median income of $90,070/year can afford up to $2,252/mo in rent.
The 2BR FMR of $1,308/mo represents 17.4% of median income, which is within the 30% affordability threshold.
Rental Market Conditions
The vacancy rate of 4.7% in Portland-Vancouver-Hillsboro indicates a tight rental market. Low vacancy means more competition for available units and potential upward pressure on rents.
Frequently Asked Questions
What is the average rent in Portland-Vancouver-Hillsboro?
The 2026 HUD FMR for a 2-bedroom in the Portland-Vancouver-Hillsboro metro area is $1,308/month. 1BR: $1,079, 3BR: $1,615.
What is the vacancy rate in Portland-Vancouver-Hillsboro?
The rental vacancy rate in Portland-Vancouver-Hillsboro is 4.7%. A rate below 5% typically indicates a tight rental market.
Is Portland-Vancouver-Hillsboro affordable for renters?
With a median income of $90,070 and 2BR rent at $1,308/mo, rent takes about 17% of income in Portland-Vancouver-Hillsboro.
Compare with Other Metro Areas
San Jose-Sunnyvale-Santa Clara
2BR: $2,412/mo
New York-Newark-Jersey City
2BR: $2,293/mo
San Francisco-Oakland-Berkeley
2BR: $2,200/mo
Honolulu
2BR: $1,937/mo
Los Angeles-Long Beach-Anaheim
2BR: $1,888/mo
San Diego-Chula Vista-Carlsbad
2BR: $1,856/mo
Oxnard-Thousand Oaks-Ventura
2BR: $1,761/mo
Santa Cruz-Watsonville
2BR: $1,760/mo
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