HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Clackamas County, Oregon (FY 2027)
A two-bedroom in Clackamas County carries a FY 2027 Fair Market Rent of $1,878 a month, effective October 1, 2026 through September 30, 2027. Everything Section 8 pays in Clackamas keys off that figure.
Two-bedroom FMR
$1,878
-2.3% from FY 2026
Payment standard
$1,690–$2,066
90% to 110% of the FMR, two-bedroom
Income to afford
$75,120
a year, with rent at 30% of income
Rank in Oregon
3rd of 36
by two-bedroom FMR, highest first
FY 2027 Fair Market Rents
Payment standard is the 90% to 110% band a housing authority can set. Income needed puts rent at 30% of gross income, and the hourly wage assumes a 40-hour week.
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2026 |
|---|---|---|---|---|---|
| Studio | $1,527 | $1,374–$1,680 | $61,080 | $29.37/hr | -2.7% |
| 1 bedroom | $1,633 | $1,470–$1,796 | $65,320 | $31.40/hr | -2.6% |
| 2 bedroom | $1,878 | $1,690–$2,066 | $75,120 | $36.12/hr | -2.3% |
| 3 bedroom | $2,550 | $2,295–$2,805 | $102,000 | $49.04/hr | -2.6% |
| 4 bedroom | $3,069 | $2,762–$3,376 | $122,760 | $59.02/hr | -1.3% |
Five to eight bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $3,529 | $3,176–$3,882 |
| 6 bedroom Estimate | $3,990 | $3,591–$4,389 |
| 7 bedroom Estimate | $4,450 | $4,005–$4,895 |
| 8 bedroom Estimate | $4,910 | $4,419–$5,401 |
Source: HUD Office of Policy Development and Research, FY 2027 Fair Market Rents. Rents include utilities. huduser.gov
Market check
HUD's number is one input. What does a two-bedroom in Clackamas actually rent for?
Search any address in Clackamas for a rent estimate built from nearby comps, with the HUD figure right next to it.
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What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Clackamas somewhere between $1,690 and $2,066. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$1,878 a month is affordable, by HUD's 30% rule, on an income of roughly $75,120 a year. Put another way, $36 an hour full time.
Worked example for a two-bedroom renting at the payment standard. The tenant pays 30% of monthly income and the voucher covers the rest.
| Monthly household income | Tenant pays (30%) | Voucher pays at 90%$1,690 | Voucher pays at 100%$1,878 | Voucher pays at 110%$2,066 |
|---|---|---|---|---|
| $2,500 | $750 | $940 | $1,128 | $1,316 |
| $4,000 | $1,200 | $490 | $678 | $866 |
Rate history
The two-bedroom rate went down 2% from FY 2026 ($1,922) to FY 2027 ($1,878). Since FY 2020 it's up 26% in total, about 3.3% a year. The Oregon median moved down 5% over the same year.
| Fiscal year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $1,192 | $1,289 | $1,495 | $2,157 | $2,625 | — |
| FY 2021 | $1,245 | $1,331 | $1,536 | $2,193 | $2,657 | +2.7% |
| FY 2022 | $1,416 | $1,512 | $1,735 | $2,451 | $2,903 | +13.0% |
| FY 2023 | $1,500 | $1,610 | $1,839 | $2,574 | $2,995 | +6.0% |
| FY 2024 | $1,650 | $1,776 | $2,024 | $2,809 | $3,254 | +10.1% |
| FY 2025 | $1,628 | $1,750 | $1,997 | $2,739 | $3,217 | -1.3% |
| FY 2026 | $1,570 | $1,677 | $1,922 | $2,619 | $3,109 | -3.8% |
| FY 2027In effect | $1,527 | $1,633 | $1,878 | $2,550 | $3,069 | -2.3% |
About this rate
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2027 that's October 1, 2026 through September 30, 2027. In Clackamas, that runs from $1,527 for a studio up to $3,069 for four bedrooms, all five rates in the table above.
This is a metro rate. The county doesn't get one of its own. HUD lumps Clackamas in with 6 other counties in the Portland-Vancouver-Hillsboro metro, Multnomah County, Washington County, Clark County among them, and every one of them gets $1,878 for a two-bedroom. Where you are inside the metro doesn't change the county number. It does change the ZIP number, covered below.
Among Oregon's 36 counties, Clackamas ranks 3rd for two-bedroom FMR. That's about 42% above the state median of $1,325 and about 77% above the national median county at $1,063. About 423,975 people live here, 3rd in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,730 in 97013 (Canby) and $2,820 in 97089 (Damascus), with the 26 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the county rate. Everywhere else the ZIP numbers show where rents actually sit, and the county rate stays the official standard.
| ZIP | City | 2BR rate | vs county |
|---|---|---|---|
| 97004 | Beavercreek | $1,790 | -4.7% |
| 97009 | Boring | $1,920 | +2.2% |
| 97011 | Brightwood | $1,960 | +4.4% |
| 97013 | Canby | $1,730 | -7.9% |
| 97015 | Clackamas | $1,980 | +5.4% |
| 97017 | Colton | $1,730 | -7.9% |
| 97022 | Eagle Creek | $1,730 | -7.9% |
| 97023 | Estacada | $1,730 | -7.9% |
| 97027 | Gladstone | $1,910 | +1.7% |
| 97028 | Government Camp | $2,010 | +7.0% |
| 97034 | Lake Oswego | $2,250 | +19.8% |
| 97035 | Lake Oswego | $2,170 | +15.5% |
| 97036 | Marylhurst | $1,910 | +1.7% |
| 97038 | Molalla | $1,750 | -6.8% |
| 97042 | Mulino | $1,830 | -2.6% |
| 97045 | Oregon City | $1,890 | +0.6% |
| 97049 | Rhododendron | $2,120 | +12.9% |
| 97055 | Sandy | $1,930 | +2.8% |
| 97067 | Welches | $1,780 | -5.2% |
| 97068 | West Linn | $2,270 | +20.9% |
| 97070 | Wilsonville | $2,090 | +11.3% |
| 97089 | Damascus | $2,820 | +50.2% |
| 97222 | Portland | $1,790 | -4.7% |
| 97267 | Portland | $1,760 | -6.3% |
| 97268 | Portland | $1,910 | +1.7% |
| 97269 | Portland | $1,910 | +1.7% |
Counties sharing the Portland-Vancouver-Hillsboro metro rate
HUD sets one rate for the whole metro, so every county here carries the same $1,878 two-bedroom figure as Clackamas.
Nearby counties
Two-bedroom FMR, with how each compares to Clackamas.
Multnomah County
14 mi · 801,477 people
$1,878
same rate
Washington County
25 mi · 603,947 people
$1,878
same rate
Marion County
33 mi · 349,244 people
$1,692
-10%
Yamhill County
37 mi · 108,734 people
$1,878
same rate
Hood River County
44 mi · 23,905 people
$1,888
+1%
Columbia County
46 mi · 53,493 people
$1,878
same rate
Polk County
50 mi · 89,662 people
$1,692
-10%
Linn County
61 mi · 130,706 people
$1,726
-8%
Questions people ask
$1,878 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $1,527 for a studio, $1,633 for one bedroom, $2,550 for three and $3,069 for four.
Tools for this county
Fair Market Rent lookup
Any ZIP code's Small Area FMR by bedroom count
Section 8 rent calculator
Payment standard and tenant share for a specific rent
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords
Rent affordability calculator
The income a household needs for a given rent
What does a rental in Clackamas actually go for?
HUD's number is one input. Search any address in Clackamas for a rent estimate built from nearby comps. Free to start, no card.
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