FMR is near market; voucher and private rents are aligned.
1.09
3 BR
3 BR- 95628
1.15ratio
FMR$3,170
Market$2,760
vs market+$410
FMR is above market; underwrite to market rent.
1.15
4 BR
4 BR- 95628
1.19ratio
FMR$3,660
Market$3,080
vs market+$580
FMR is above market; underwrite to market rent.
1.19
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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Fair Oaks, CA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Fair Oaks, CA is $2,420 a month. That is down 2.4% from $2,480 in FY 2026. Fair Oaks is in the Sacramento--Roseville--Arden-Arcade, CA HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in California is $1,725, so Fair Oaks is 40% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Fair Oaks, CA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,920
$1,910
−0.5%
$1,719–$2,101
1BR
$2,020
$1,970
−2.5%
$1,773–$2,167
2BR
$2,480
$2,420
−2.4%
$2,178–$2,662
3BR
$3,300
$3,170
−3.9%
$2,853–$3,487
4BR
$3,810
$3,660
−3.9%
$3,294–$4,026
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Fair Oaks, CA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,910
$1,970
$2,420
$3,170
$3,660
FY 2026
$1,920
$2,020
$2,480
$3,300
$3,810
FY 2025
$1,750
$1,850
$2,300
$3,120
$3,600
FY 2024
$1,580
$1,700
$2,120
$2,950
$3,400
FY 2023
$1,330
$1,460
$1,830
$2,600
$3,030
Questions about Fair Oaks, CA rents
How much will Section 8 pay for a two-bedroom in Fair Oaks, CA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,420, that basic range is $2,178 to $2,662 a month. 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 Fair Oaks, CA in?
Fair Oaks, CA is in the Sacramento--Roseville--Arden-Arcade, CA HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in Fair Oaks, CA for FY 2027?
The two-bedroom FMR fell 2.4%, from $2,480 in FY 2026 to $2,420 in FY 2027. Since FY 2023 it has risen 32.2%.
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