FMR is near market; voucher and private rents are aligned.
1.10
1 BR
1 BR- 94027
1.01ratio
FMR$3,380
Market$3,340
vs market+$40
FMR is near market; voucher and private rents are aligned.
1.01
2 BR
2 BR- 94027
0.91ratio
FMR$4,160
Market$4,590
vs market-$430
FMR is near market; voucher and private rents are aligned.
0.91
3 BR
3 BR- 94027
0.77ratio
FMR$5,440
Market$7,080
vs market-$1,640
FMR is below market; voucher rent may lag private rents.
0.77
4 BR
4 BR- 94027
0.53ratio
FMR$6,110
Market$11,530
vs market-$5,420
FMR is below market; voucher rent may lag private rents.
0.53
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
--
Atherton, CA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Atherton, CA is $4,160 a month. That is up 2.0% from $4,080 in FY 2026. Atherton is in the San Francisco, 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 $3,697. The median county two-bedroom FMR in California is $1,725, so Atherton is 141% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Atherton, CA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,810
$2,900
+3.2%
$2,610–$3,190
1BR
$3,370
$3,380
+0.3%
$3,042–$3,718
2BR
$4,080
$4,160
+2.0%
$3,744–$4,576
3BR
$5,220
$5,440
+4.2%
$4,896–$5,984
4BR
$5,400
$6,110
+13.1%
$5,499–$6,721
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Atherton, CA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,900
$3,380
$4,160
$5,440
$6,110
FY 2026
$2,810
$3,370
$4,080
$5,220
$5,400
FY 2025
$2,490
$3,050
$3,640
$4,540
$4,830
FY 2024
$2,540
$3,120
$3,710
$4,540
$4,950
FY 2023
$2,420
$2,990
$3,660
$4,780
$5,110
Questions about Atherton, CA rents
How much will Section 8 pay for a two-bedroom in Atherton, CA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $3,697, which applies unless the housing authority uses Small Area FMRs, that basic range is $3,327 to $4,067 a month; under the ZIP-level Small Area FMR of $4,160 it would be $3,744 to $4,576. 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 Atherton, CA in?
Atherton, CA is in the San Francisco, CA HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $3,697.
How much did fair market rent change in Atherton, CA for FY 2027?
The two-bedroom FMR rose 2.0%, from $4,080 in FY 2026 to $4,160 in FY 2027. Since FY 2023 it has risen 13.7%.
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