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Elmira, CA

CitySAFMR
Solano County
Found 1 ZIP
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City Median Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$1,870$1,930
1 BR$2,050$2,100
2 BR$2,560$2,390
3 BR$3,340$3,020
4 BR$3,810$3,350
5 BR$4,382Not available
6 BR$5,039Not available
7 BR$5,795Not available
8 BR$6,664Not available

Purchase Price Calculator

Maximum purchase price
$293,237

Cost breakdown

+Likely effective rent$2,390
HUD FMR$2,560
Market rentUsed$2,390
Est. payment standard (96%)$2,450
-Principal and interest-$1,483
Loan amount$234,589
Down payment$58,647
Rate6.50%
Term30 years
-Operating costs-$707
Property taxes-$293
Insurance-$175
Utilities$0
HOA$0
Management-$239
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$38,152(65.1% ROI)
Projected value
$315,784
Return breakdown
Property appreciation+$22,547
Loan principal paid down+$8,405
Rental cash flow+$7,200
5-year hold
+$65,522(111.7% ROI)
Projected value
$331,770
Return breakdown
Property appreciation+$38,534
Loan principal paid down+$14,988
Rental cash flow+$12,000
10-year hold
+$141,845(241.9% ROI)
Projected value
$375,368
Return breakdown
Property appreciation+$82,131
Loan principal paid down+$35,714
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.95
1 BR
0.97
2 BR
1.07
3 BR
1.11
4 BR
1.14
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
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Mortgage rate
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Elmira, CA fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Elmira, CA is $2,560 a month. That is up 8.5% from $2,360 in FY 2026. Elmira is in the Vallejo, CA MSA. 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 $2,342. The median county two-bedroom FMR in California is $1,725, so Elmira is 48% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Elmira, CA
BedroomsFY 2027Change90–110% range
Studio$1,870+9.4%$1,683–$2,057
1BR$2,050+10.2%$1,845–$2,255
2BR$2,560+8.5%$2,304–$2,816
3BR$3,340+7.1%$3,006–$3,674
4BR$3,810+8.9%$3,429–$4,191

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Elmira, CA
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,870$2,050$2,560$3,340$3,810
FY 2026$1,710$1,860$2,360$3,120$3,500
FY 2025$1,550$1,700$2,170$2,900$3,290
FY 2024$1,380$1,550$1,930$2,680$3,050
FY 2023$1,140$1,300$1,570$2,230$2,610

Questions about Elmira, CA rents

How much will Section 8 pay for a two-bedroom in Elmira, CA?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,342, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,108 to $2,576 a month; under the ZIP-level Small Area FMR of $2,560 it would be $2,304 to $2,816. 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 Elmira, CA in?

Elmira, CA is in the Vallejo, CA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,342.

How much did fair market rent change in Elmira, CA for FY 2027?

The two-bedroom FMR rose 8.5%, from $2,360 in FY 2026 to $2,560 in FY 2027. Since FY 2023 it has risen 63.1%.

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