Multnomah OR July 14 2004 · Photo: Blue Ice at English Wikipedia · Public domain · Wikimedia Commons

Multnomah County, Oregon

801,477 residents · Updated Nov 12, 2026

Rental availability, asking rents against HUD Fair Market Rent, and community services in Multnomah County, from the data behind Range Lab’s tools, refreshed daily.

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Multnomah County

Oregon

801,477 residents

37 ZIP codes with listings

1,948 services listed

All Oregon counties

Multnomah OR July 14 2004 · Photo: Blue Ice at English Wikipedia · Public domain · Wikimedia Commons

Renter households

163,104 ±2,633

47% of occupied homes

Median renter household income

$59,000 ±1,233

Affords $1,475/month at 30% of income

46% of area median income

Median gross rent
(what renters pay)

$1,646 ±16

Includes utilities; renters already housed

Asking today $1,650

Rental vacancy rate

5.2%

Vacant units for rent, of rental stock

9,215 priced listings on Range Lab today

How much of the rental market each income can reach

Asking rents today by unit size (middle half and median) against what a household at each share of area median income (AMI) can afford at 30% of income. HUD sizing: one person for a studio, 1.5 per bedroom.

30% AMI can afford50% AMI can afford80% AMI can afford100% AMI can affordMiddle half of asking rentsMedian

$0$1,000$2,000$3,000$4,000$5,000Monthly rent →

Asking rents and affordable rents by unit size
Unit size	Median asking	Middle half	30% AMI can afford	50% AMI can afford	80% AMI can afford	100% AMI can afford
Studio	$1,275	$1,099–$1,410	$674	$1,124	$1,798	$2,248
1 bedroom	$1,515	$1,307–$1,750	$722	$1,204	$1,926	$2,408
2 bedroom	$1,795	$1,505–$2,232	$866	$1,444	$2,310	$2,888
3 bedroom	$2,500	$2,150–$2,995	$1,001	$1,668	$2,669	$3,336
4 bedroom	$3,437	$2,993–$4,200	$1,118	$1,861	$2,978	$3,723

What renters can afford vs. typical asking rent

HUD FY2026 income limits at 30% of income, against today’s median asking rent.

Affordable rent (30% of income)Median asking rent, 2 bedroom

30% AMI

Extremely low income

$866$1,795

50% AMI

Very low income

$1,444$1,795

80% AMI

Low income

$1,795$2,310

100% AMI

Median income

$1,795$2,888

2 bedroom

$1,795

Median asking rent · middle half $1,505–$2,232

2.1×

what an extremely low-income household can afford ($866)

62% AMI

income needed to afford the median, as a share of AMI

2.1

affordable listings per 100 renter households at or below 50% AMI (all sizes)

Households vs. the listings they can afford

Renter households at or below each income line, next to today’s listings affordable at that line. Both on the same scale.

Renter households (HUD CHAS)Affordable listings today

At or below 30% AMI36,715 households15 listings · 0.0 per 100
At or below 50% AMI61,475 households1,270 listings · 2.1 per 100
020k40k60k80k

2.1

affordable listings per 100 renter households at or below 50% AMI: 1,270 listings for 61,475 households.

Renter cost burden by income band

HUD CHAS 2018-2022. Column width is renter households in each band; height is the share paying 30–50% or 50%+ of income on rent.

Not burdenedBurdened (30–50%)Severely (50%+)Not published

23%9%68%

13%47%40%

44%50%

Not published

All renters: 47% cost-burdened, 24% severely (CHAS). Census ACS 2024: 53% and 27%. HUD doesn’t publish the burden split above 80% AMI.

Typical rent over time vs. what incomes can afford

Zillow’s typical rent since September 2023 against the 2-bedroom rent affordable at 50% and 80% of AMI (HUD FY2026).

Zillow typical rent by month
September 2023	$1,606
October 2023	$1,608
November 2023	$1,610
December 2023	$1,613
January 2024	$1,614
February 2024	$1,619
March 2024	$1,624
April 2024	$1,632
May 2024	$1,635
June 2024	$1,643
July 2024	$1,645
August 2024	$1,648
September 2024	$1,654
October 2024	$1,659
November 2024	$1,663
December 2024	$1,662
January 2025	$1,664
February 2025	$1,665
March 2025	$1,666
April 2025	$1,668
May 2025	$1,670
June 2025	$1,676
July 2025	$1,681
August 2025	$1,683
September 2025	$1,683
October 2025	$1,683
November 2025	$1,684
December 2025	$1,687
January 2026	$1,690
February 2026	$1,690
March 2026	$1,691
April 2026	$1,691
May 2026	$1,693
June 2026	$1,692
July 2026	$1,692
August 2026	$1,694

Around the county

Median household income (all)

$88,766 ±1,813

Renters earn 66% of this

Poverty rate

12.6%

of 801,477 residents

Listings at or below HUD Fair Market Rent

57%

of 2 bedroom listings today

Key takeaways

Asking rents are far out of reach at the lowest incomes
A household at 30% of AMI can afford $866/month for a 2 bedroom; the median asking rent is $1,795, 2.1× that.
About 8 in 10 renters below 50% AMI are cost-burdened
77% of extremely low-income and 87% of very low-income renter households pay more than 30% of income on rent; 68% of the lowest band pay half or more.
2.1 affordable listings per 100 low-income households
1,270 of today’s 9,215 priced listings are affordable at 50% of AMI, for 61,475 renter households at or below that line.

Rent affordability gap by unit size

Median asking rent vs. what a household at 30% of area median income can afford. HUD sizing: one person for a studio, 1.5 per bedroom. Select a size to update the charts above.

Sources: Census ACS 5-year (2024) · HUD CHAS (2018-2022) · HUD FY2026 income limits · Zillow ZORI · Range Lab RST listings. How this is calculated.