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Range Insightsby Range Lab
Multnomah OR July 14 2004, Multnomah County, Oregon

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.

Get this county’s weekly briefingFind services on Rangefinder

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

Active rental listings

9,296

+609 new this week

Median asking rent

$1,650

● 0.0% vs. 30 days ago

2-bedroom median

$1,795

● 0.0% vs. 30 days ago

Homes permitted, last 12 months

1,973

+9% vs. prior 12 months

Permits per 1,000 renter households

12.1

12 months, vs. Census renter households

Tax-credit (LIHTC) affordable units

17,934

3,269 placed in service in the last 10 years

Median asking rent

Daily median across all sizes and for 2-bedrooms, against the 2-bedroom Fair Market Rent. Since April 15, 2026.

All sizes (● 0.0% in 30 days)2-bedroom (● 0.0%)2-bed FMR $1,878
Median asking rent, weekly samples
DayAll sizes2-bedroom
April 16, 2026$1,600$1,600
April 23, 2026——
April 30, 2026——
May 7, 2026——
May 14, 2026——
May 21, 2026——
May 28, 2026——
June 4, 2026——
June 11, 2026——
June 18, 2026——
June 25, 2026——
July 2, 2026——
July 9, 2026——
July 16, 2026——
July 23, 2026——
July 30, 2026——
August 6, 2026——
August 13, 2026——
August 20, 2026——
August 27, 2026——
September 3, 2026——
September 10, 2026——
September 17, 2026$1,695$1,795
September 24, 2026$1,679$1,795
October 1, 2026$1,650$1,795
October 8, 2026$1,650$1,795
October 15, 2026$1,650$1,795
October 22, 2026$1,650$1,795
October 29, 2026$1,650$1,795
November 5, 2026$1,650$1,795
November 12, 2026$1,650$1,795

Listings coming on vs. coming off

Weekly new listings above the line, listings taken down below it, and price cuts as dots. When the top outweighs the bottom, inventory is building.

New listingsTaken downPrice cuts

Week ending Nov 12: +609 new, −1 taken down, 412 price cuts. Over 26 weeks: +4,833 listings.

Listings coming on and off the market by week
Week endingNewTaken downPrice cuts
May 21, 2026000
May 28, 2026000
June 4, 2026000
June 11, 2026000
June 18, 2026000
June 25, 2026000
July 2, 2026000
July 9, 2026000
July 16, 2026000
July 23, 2026000
July 30, 2026000
August 6, 2026000
August 13, 2026000
August 20, 2026000
August 27, 2026000
September 3, 2026000
September 10, 2026000
September 17, 2026015130
September 24, 2026749236643
October 1, 20266755754
October 8, 2026100421945
October 15, 202671438757
October 22, 202666711463
October 29, 20264154306
November 5, 202648417298
November 12, 20266091412

Asking rents against HUD Fair Market Rent

Middle half and median of today’s asking rents for each unit size (with listing counts), with HUD’s FY2027 Fair Market Rent marked. Housing Choice Voucher payment standards are set between 90% and 110% of FMR.

MedianMiddle halfHUD FMR
Asking rents by unit size against HUD Fair Market Rent
SizeListingsMedianMiddle halfHUD FMRAt or below FMRMedian days listed
Studio1,062$1,275$1,099–$1,410$1,52786%51
1 bed3,064$1,515$1,307–$1,750$1,63364%51
2 bed3,259$1,795$1,505–$2,232$1,87857%49
3 bed1,144$2,500$2,150–$2,995$2,55051%45
4+ bed436$3,437$2,993–$4,200$3,06931%49

What households at each income can afford is on the Affordability tab.

Where the listings are, and what they ask

ZIPs shaded by median asking rent (all sizes); circles sized by active listings. Hover a ZIP for its values.

97209: 850 listings · $1,762 median97217: 572 listings · $1,650 median97202: 540 listings · $1,695 median97214: 524 listings · $1,627 median97219: 446 listings · $1,595 median97239: 438 listings · $1,699 median97232: 434 listings · $1,650 median97201: 421 listings · $1,603 median97233: 374 listings · $1,425 median97030: 338 listings · $1,594 median97206: 319 listings · $1,849 median97211: 288 listings · $2,045 median97205: 285 listings · $1,548 median97203: 277 listings · $1,675 median97266: 260 listings · $1,700 median97210: 254 listings · $1,650 median97220: 253 listings · $1,495 median97230: 223 listings · $1,545 median97080: 219 listings · $1,665 median97236: 217 listings · $1,650 median97213: 217 listings · $1,600 median97227: 207 listings · $1,555 median97212: 199 listings · $1,925 median97229: 180 listings · $2,497 median97216: 138 listings · $1,529 median97215: 118 listings · $1,603 median97218: 107 listings · $1,690 median97225: 99 listings · $1,899 median97221: 98 listings · $1,615 median97222: 83 listings · $1,598 median97060: 81 listings · $1,563 median97223: 78 listings · $1,526 median97024: 67 listings · $1,695 median97267: 46 listings · $1,773 median97204: 24 listings · $1,331 median97224: 10 listings · $2,098 median97231: 7 listings · $2,199 median97019: fewer than 3 listings97035: fewer than 3 listings97124: fewer than 3 listings97209: 850 listings · $1,762 median97217: 572 listings · $1,650 median97202: 540 listings · $1,695 median97214: 524 listings · $1,627 median97219: 446 listings · $1,595 median97239: 438 listings · $1,699 median97232: 434 listings · $1,650 median97201: 421 listings · $1,603 median97233: 374 listings · $1,425 median97030: 338 listings · $1,594 median97206: 319 listings · $1,849 median97211: 288 listings · $2,045 median97205: 285 listings · $1,548 median97203: 277 listings · $1,675 median97266: 260 listings · $1,700 median97210: 254 listings · $1,650 median97220: 253 listings · $1,495 median97230: 223 listings · $1,545 median97080: 219 listings · $1,665 median97236: 217 listings · $1,650 median97213: 217 listings · $1,600 median97227: 207 listings · $1,555 median97212: 199 listings · $1,925 median97229: 180 listings · $2,497 median97216: 138 listings · $1,529 median97215: 118 listings · $1,603 median97218: 107 listings · $1,690 median97225: 99 listings · $1,899 median97221: 98 listings · $1,615 median97222: 83 listings · $1,598 median97060: 81 listings · $1,563 median97223: 78 listings · $1,526 median97024: 67 listings · $1,695 median97267: 46 listings · $1,773 median97204: 24 listings · $1,331 median97224: 10 listings · $2,098 median97231: 7 listings · $2,199 median97231$2,199
Median asking rent$1,300$2,500Too few to priceCircle size: active listings (largest 850)County line

ZIP code comparables

For rent-reasonableness reviews: median asking rent by ZIP and size. Fewer than five priced listings show “—”.

Download CSV
Median asking rent by ZIP code and unit size in Multnomah County
ZIPListingsStudio1 bed2 bed3 bedAll90 days
97209850$1,329$1,799$2,775$2,895$1,76297209: weekly median asking rent over 90 days
97217572$1,185$1,495$1,985$2,750$1,65097217: weekly median asking rent over 90 days
97202540$1,250$1,437$1,850$3,000$1,69597202: weekly median asking rent over 90 days
97214524$1,349$1,595$2,200$2,895$1,62797214: weekly median asking rent over 90 days
97219446$1,399$1,325$1,595$2,795$1,59597219: weekly median asking rent over 90 days
97239438$1,300$1,600$2,060$3,125$1,69997239: weekly median asking rent over 90 days
97232434$1,326$1,645$2,185$2,998$1,65097232: weekly median asking rent over 90 days
97201421$1,149$1,609$2,125$3,150$1,60397201: weekly median asking rent over 90 days
97233374$1,050$1,175$1,400$2,100$1,42597233: weekly median asking rent over 90 days
97030338$1,280$1,400$1,632$2,195$1,59497030: weekly median asking rent over 90 days
97206319$1,250$1,395$1,899$2,590$1,84997206: weekly median asking rent over 90 days
97211288$1,275$1,560$2,200$2,895$2,04597211: weekly median asking rent over 90 days
97205285$1,173$1,530$2,271—$1,54897205: weekly median asking rent over 90 days
97203277$1,195$1,399$1,750$2,648$1,67597203: weekly median asking rent over 90 days
97266260$1,099$1,250$1,600$2,300$1,70097266: weekly median asking rent over 90 days
97210254$1,110$1,575$2,355$3,975$1,65097210: weekly median asking rent over 90 days
97220253$1,085$1,295$1,525$2,300$1,49597220: weekly median asking rent over 90 days
97230223—$1,295$1,450$2,185$1,54597230: weekly median asking rent over 90 days
97080219—$1,395$1,586$2,342$1,66597080: weekly median asking rent over 90 days
97213217$1,295$1,405$1,695$2,672$1,60097213: weekly median asking rent over 90 days
97236217—$1,150$1,495$2,150$1,65097236: weekly median asking rent over 90 days
97227207$1,195$1,600$2,364$2,495$1,55597227: weekly median asking rent over 90 days
97212199$1,125$1,495$2,095$2,894$1,92597212: weekly median asking rent over 90 days
97229180—$1,547$2,012$2,895$2,49797229: weekly median asking rent over 90 days
97216138—$1,329$1,575$2,499$1,52997216: weekly median asking rent over 90 days
97215118$1,299$1,525$1,625$3,750$1,60397215: weekly median asking rent over 90 days
97218107—$1,195$1,699$2,395$1,69097218: weekly median asking rent over 90 days
9722599—$1,535$1,795$3,095$1,89997225: weekly median asking rent over 90 days
9722198—$1,349$1,595$2,650$1,61597221: weekly median asking rent over 90 days
9722283—$1,395$1,600$2,298$1,59897222: weekly median asking rent over 90 days
9706081—$1,495$1,725$2,495$1,56397060: weekly median asking rent over 90 days
9722378—$1,345$1,524$2,575$1,52697223: weekly median asking rent over 90 days
9702467$1,425$1,533$1,790—$1,69597024: weekly median asking rent over 90 days
9726746——$1,725$2,325$1,77397267: weekly median asking rent over 90 days
9720424$1,285$1,579——$1,33197204: weekly median asking rent over 90 days
9722410————$2,09897224: weekly median asking rent over 90 days
972317————$2,19997231: weekly median asking rent over 90 days

37 ZIP codes; scroll the table for the rest, or download the CSV.

Homes permitted, by building type

Units authorized each month (Census Building Permits Survey), with the 12-month average. Spikes are usually a single apartment project; permits lead completions by a year or more.

Single-family2–4 units5+ units12-month average
Housing units permitted per month by building type
MonthSingle-family2–4 units5+ unitsTotal
September 202363633102
October 202388098186
November 2023875129221
December 2023812083
January 202487452143
February 2024798087
March 202466588159
April 2024115910134
May 2024109224135
June 2024872105194
July 20248218107207
August 2024920125217
September 202478821107
October 2024109120121
November 20246420224308
December 20244727159233
January 2025127189154
February 20251516113270
March 2025511040101
April 2025848092
May 2025794083
June 202585064149
July 2025593438131
August 2025660066
September 202581218101
October 202588280170
November 2025284141173
December 2025751037122
January 202610200102
February 20269512159266
March 20261291483226
April 2026695108182
May 2026736685
June 20261022207311
July 202679467150
August 2026796085

Tax-credit housing: built, and when its commitments end

LIHTC low-income units placed in service each year (above) and the year their affordability commitment ends (below): 30 years for properties from 1990 on, 15 before. 261 properties, 17,934 low-income units.

Placed in serviceCommitment ends 2026–2031Other years

3,998 units’ commitments end between 2026 and 2031. Owners can also leave early, and many properties stay affordable longer.

LIHTC low-income units placed in service, and commitments ending, by year
YearPlaced in serviceCommitments ending
1987970
19883620
1989450
19906640
19911000
19924410
19932700
19945200
19955860
19964210
19978390
19987120
19999090
20005870
20015300
200242397
2003769362
200472445
20059670
200610450
20075690
20084330
20095030
20104780
20114530
20124790
20134190
20143450
20151120
20169070
20187350
20192410
2020468664
2021224100
2022274441
2023139270
2024144520
20250586
20260421
20270839
20280712
20290909
20300587
20310530
20320423
20330769
20340724
20350967
203601045
20370569
20380433
20390503
20400478
20410453
20420479
20430419
20440345
20450112
20460907
20480735
20490241
20500468
20510224
20520274
20530139
20540144

How Multnomah County compares across Oregon

Each dot is a Oregon county, ranked highest first. Hover any dot for the county.

Homes permitted per 1,000 renter householdsMultnomah 12.1 · #30 of 33
Median asking rentMultnomah $1,650 · #16 of 32
Rental vacancy rateMultnomah 5.2% · #2 of 14
2-bedrooms at or below FMRMultnomah 56.9% · #8 of 28

Asking rent, two ways

Zillow’s Observed Rent Index beside the monthly average of Range Lab’s daily median. Range Lab tracking began in April 2026, so early months are thin.

Zillow ZORIRange Lab monthly median
Monthly asking rent, Zillow ZORI and Range Lab
MonthZillow ZORIRange Lab
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$1,474
May 2026$1,693—
June 2026$1,692—
July 2026$1,692—
August 2026$1,694—

Zillow rent index, Aug 2026

$1,694

▲ 0.7% vs. a year ago

Our asking rent vs. Zillow

−13%

$1,474 vs. $1,691, Apr 2026

Zillow home value index

$499,598

● 0.0% vs. a year ago

Sources: Range Lab RST listings · HUD Fair Market Rents FY2027 · Census Building Permits Survey (through Aug 2026) · HUD LIHTC database (placed in service through 2024) · Census ACS 2024 · Zillow Research ZORI and ZHVI (data from Zillow Research, zillow.com/research/data). About the data.