FMR is near market; voucher and private rents are aligned.
1.09
2 BR
2 BR- 92656
1.06ratio
FMR$3,750
Market$3,550
vs market+$200
FMR is near market; voucher and private rents are aligned.
1.06
3 BR
3 BR- 92656
1.19ratio
FMR$5,090
Market$4,290
vs market+$800
FMR is above market; underwrite to market rent.
1.19
4 BR
4 BR- 92656
1.12ratio
FMR$6,090
Market$5,420
vs market+$670
FMR is above market; underwrite to market rent.
1.12
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
Aliso Viejo, CA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Aliso Viejo, CA is $3,750 a month. That is down 4.3% from $3,920 in FY 2026. Aliso Viejo is in the Santa Ana-Anaheim-Irvine, CA HUD Metro FMR Area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $3,057. The median county two-bedroom FMR in California is $1,725, so Aliso Viejo is 117% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Aliso Viejo, CA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$3,250
$3,160
−2.8%
$2,844–$3,476
1BR
$3,330
$3,200
−3.9%
$2,880–$3,520
2BR
$3,920
$3,750
−4.3%
$3,375–$4,125
3BR
$5,320
$5,090
−4.3%
$4,581–$5,599
4BR
$6,350
$6,090
−4.1%
$5,481–$6,699
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Aliso Viejo, CA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$3,160
$3,200
$3,750
$5,090
$6,090
FY 2026
$3,250
$3,330
$3,920
$5,320
$6,350
FY 2025
$2,770
$2,890
$3,420
$4,630
$5,530
FY 2024
$2,660
$2,840
$3,370
$4,560
$5,410
FY 2023
$2,440
$2,650
$3,190
$4,330
$5,070
Questions about Aliso Viejo, CA rents
How much will Section 8 pay for a two-bedroom in Aliso Viejo, CA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $3,057, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,751 to $3,363 a month; under the ZIP-level Small Area FMR of $3,750 it would be $3,375 to $4,125. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is Aliso Viejo, CA in?
Aliso Viejo, CA is in the Santa Ana-Anaheim-Irvine, CA HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $3,057.
How much did fair market rent change in Aliso Viejo, CA for FY 2027?
The two-bedroom FMR fell 4.3%, from $3,920 in FY 2026 to $3,750 in FY 2027. Since FY 2023 it has risen 17.6%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set