FY2027 Small Area FMR · Oregon City, OR

ZIP 97045 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 97045 (Oregon City, OR) is $1,890 a month, down 2.6% from FY2026. That is 1% above the Portland-Vancouver-Hillsboro, OR-WA area-wide FMR of $1,878.

2-bedroom SAFMR$1,890per month ▼ 2.6%

Area-wide 2 BR FMR$1,878Portland-Vancouver-Hillsboro

Rank in the area63rdof 165 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,701

2 BR Small Area FMR$1,890

110% of SAFMR$2,079

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$1,540▼ 2.5%

1 BR$1,640▼ 3.0%

2 BR$1,890▼ 2.6%

3 BR$2,570▼ 2.7%

4 BR$3,090▼ 1.6%

FY2027 FY2026

Where 97045 sits in the Portland-Vancouver-Hillsboro, OR-WA area

Of the 165 ZIP codes HUD lists for the area, 97045 has the 63rd highest two-bedroom Small Area FMR. Portland-Vancouver-Hillsboro, OR-WA is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,878 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,890 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,540	$1,386 – $1,694	$1,527	$1,580
1 bedroom	$1,640	$1,476 – $1,804	$1,633	$1,690
2 bedrooms	$1,890	$1,701 – $2,079	$1,878	$1,940
3 bedrooms	$2,570	$2,313 – $2,827	$2,550	$2,640
4 bedrooms	$3,090	$2,781 – $3,399	$3,069	$3,140

A household renting a two-bedroom home at the Small Area FMR of $1,890 needs about $75,600 a year to keep housing costs at 30% of income. The area median family income is $128,300 and the 80% low-income limit for four people is $102,650. ZIP code 97045 lies mainly in Clackamas County. See the Portland-Vancouver-Hillsboro, OR-WA metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
97027	Gladstone	5.3 mi	$1,910
97004	Beavercreek	6.2 mi	$1,790
97015	Clackamas	6.4 mi	$1,980
97068	West Linn	6.8 mi	$2,270
97267	Portland	7.1 mi	$1,760
97042	Mulino	7.8 mi	$1,830

Questions

What is the Fair Market Rent for ZIP code 97045?

HUD's FY2027 Small Area Fair Market Rents for 97045 are $1,540 (studio), $1,640 (1 BR), $1,890 (2 BR), $2,570 (3 BR) and $3,090 (4 BR) a month.

What is the Section 8 payment standard in 97045?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 97045 that range is $1,701 to $2,079 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 97045?

The FY2026 income limits of the Portland-Vancouver-Hillsboro, OR-WA area apply: median family income $128,300, low-income (80%) limit $102,650 for a family of four.