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Special Interest
Housing in Multnomah County
Both Census and HUD figures represent gross rent — contract rent plus estimated utility costs for electricity, heat, water, and sewer.
Rent in Multnomah County averages $1,646/month for a 2‑bedroom in 2024, compared to the Oregon median of $1,525 and the national median of $1,413. Local renters spend approximately 34% of household income on rent, above the national average of 32%.
HUD 2026 50th Percentile Rent Estimates for Multnomah County FMR Area are $1,687 for a studio, $1,802 for 1‑bedroom, $2,065 for 2‑bedroom, $2,814 for 3‑bedroom, and $3,340 for 4‑bedroom.
HUD 2026 Rent Estimates reflect market movement since 2024 Census data — a $419 increase for a 2-bedroom in Multnomah County shows a 25% rise over that period.
The U.S. Bureau of Labor Statistics annual unemployment rate for Multnomah County was 4.0% in 2024, compared to Oregon at 4.2% and the national rate of 4.0%.
