FMR is near market; voucher and private rents are aligned.
1.01
1 BR
1 BR- 94505
1.11ratio
FMR$2,840
Market$2,570
vs market+$270
FMR is above market; underwrite to market rent.
1.11
2 BR
2 BR- 94505
1.33ratio
FMR$3,480
Market$2,610
vs market+$870
FMR is above market; underwrite to market rent.
1.33
3 BR
3 BR- 94505
1.35ratio
FMR$4,460
Market$3,310
vs market+$1,150
FMR is above market; underwrite to market rent.
1.35
4 BR
4 BR- 94505
1.26ratio
FMR$5,270
Market$4,170
vs market+$1,100
FMR is above market; underwrite to market rent.
1.26
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
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Discovery Bay, CA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Discovery Bay, CA is $3,480 a month. That is down 4.9% from $3,660 in FY 2026. Discovery Bay is in the Oakland-Fremont, 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 $2,805. The median county two-bedroom FMR in California is $1,725, so Discovery Bay is 102% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Discovery Bay, CA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,690
$2,590
−3.7%
$2,331–$2,849
1BR
$3,000
$2,840
−5.3%
$2,556–$3,124
2BR
$3,660
$3,480
−4.9%
$3,132–$3,828
3BR
$4,680
$4,460
−4.7%
$4,014–$4,906
4BR
$5,550
$5,270
−5.0%
$4,743–$5,797
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Discovery Bay, CA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,590
$2,840
$3,480
$4,460
$5,270
FY 2026
$2,690
$3,000
$3,660
$4,680
$5,550
FY 2025
$2,510
$2,860
$3,480
$4,450
$5,290
FY 2024
$2,440
$2,850
$3,460
$4,460
$5,280
FY 2023
$2,270
$2,700
$3,300
$4,310
$5,090
Questions about Discovery Bay, CA rents
How much will Section 8 pay for a two-bedroom in Discovery Bay, CA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,805, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,525 to $3,086 a month; under the ZIP-level Small Area FMR of $3,480 it would be $3,132 to $3,828. 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 Discovery Bay, CA in?
Discovery Bay, CA is in the Oakland-Fremont, CA HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,805.
How much did fair market rent change in Discovery Bay, CA for FY 2027?
The two-bedroom FMR fell 4.9%, from $3,660 in FY 2026 to $3,480 in FY 2027. Since FY 2023 it has risen 5.5%.
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