Average Rent in Portland-Vancouver-Hillsboro, WA
The Fair Market Rent for a 2-bedroom in Portland-Vancouver-Hillsboro, WA is $1,922 per month, based on HUD data. With a median household income of $94,573, a household would spend 24.4% of income on housing at Fair Market Rent. Rent has decreased 5.0% year over year. The national median 2BR FMR is $1,250/mo for comparison.
Fair Market Rent by Bedroom
| Size | Monthly FMR |
|---|---|
| Studio | $1,570 |
| 1 Bedroom | $1,677 |
| 2 Bedroom | $1,922 |
| 3 Bedroom | $2,619 |
| 4 Bedroom | $3,109 |
Affordability
| Metric | Value |
|---|---|
| Median Household Income | $94,573 |
| Rent Burden (2BR FMR / Income) | 24.4% |
| Income Needed for 2BR (30% rule) | $76,880/yr |