FY2027 Small Area FMR · Tualatin, OR

ZIP 97062 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 97062 (Tualatin, OR) is $1,940 a month, down 7.2% from FY2026. That is 3% above the Portland-Vancouver-Hillsboro, OR-WA area-wide FMR of $1,878.

2-bedroom SAFMR$1,940per month ▼ 7.2%

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

Rank in the area46thof 165 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,746

2 BR Small Area FMR$1,940

110% of SAFMR$2,134

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

Studio$1,580▼ 7.6%

1 BR$1,690▼ 7.1%

2 BR$1,940▼ 7.2%

3 BR$2,630▼ 7.7%

4 BR$3,170▼ 6.2%

FY2027 FY2026

Where 97062 sits in the Portland-Vancouver-Hillsboro, OR-WA area

Of the 165 ZIP codes HUD lists for the area, 97062 has the 46th 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 $1,940 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	$1,580	$1,422 – $1,738	$1,527	$1,710
1 bedroom	$1,690	$1,521 – $1,859	$1,633	$1,820
2 bedrooms	$1,940	$1,746 – $2,134	$1,878	$2,090
3 bedrooms	$2,630	$2,367 – $2,893	$2,550	$2,850
4 bedrooms	$3,170	$2,853 – $3,487	$3,069	$3,380

A household renting a two-bedroom home at the Small Area FMR of $1,940 needs about $77,600 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 97062 lies mainly in Washington County and 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
97224	Portland	3.0 mi	$1,890
97035	Lake Oswego	3.5 mi	$2,170
97070	Wilsonville	4.4 mi	$2,090
97068	West Linn	4.7 mi	$2,270
97034	Lake Oswego	4.7 mi	$2,250
97223	Portland	5.0 mi	$1,970

Questions

What is the Fair Market Rent for ZIP code 97062?

HUD's FY2027 Small Area Fair Market Rents for 97062 are $1,580 (studio), $1,690 (1 BR), $1,940 (2 BR), $2,630 (3 BR) and $3,170 (4 BR) a month.

What is the Section 8 payment standard in 97062?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 97062 that range is $1,746 to $2,134 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 97062?

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.