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Felton, CA

CitySAFMR
Santa Cruz County
Found 1 ZIP
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City Median Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$3,270$2,260
1 BR$3,430$2,640
2 BR$4,310$3,620
3 BR$5,600$4,910
4 BR$5,820$6,030
5 BR$6,693Not available
6 BR$7,697Not available
7 BR$8,851Not available
8 BR$10,179Not available

Purchase Price Calculator

Maximum purchase price
$476,014

Cost breakdown

+Likely effective rent$3,620
HUD FMR$4,310
Market rentUsed$3,620
Est. payment standard (90%)$3,880
-Principal and interest-$2,407
Loan amount$380,811
Down payment$95,203
Rate6.50%
Term30 years
-Operating costs-$1,013
Property taxes-$476
Insurance-$175
Utilities$0
HOA$0
Management-$362
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$57,445(60.3% ROI)
Projected value
$512,615
Return breakdown
Property appreciation+$36,601
Loan principal paid down+$13,644
Rental cash flow+$7,200
5-year hold
+$98,882(103.9% ROI)
Projected value
$538,566
Return breakdown
Property appreciation+$62,552
Loan principal paid down+$24,330
Rental cash flow+$12,000
10-year hold
+$215,298(226.1% ROI)
Projected value
$609,338
Return breakdown
Property appreciation+$133,324
Loan principal paid down+$57,974
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.45
1 BR
1.30
2 BR
1.19
3 BR
1.14
4 BR
0.95
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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Felton, CA fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Felton, CA is $4,310 a month. That is down 4.6% from $4,520 in FY 2026. Felton is in the Santa Cruz-Watsonville, 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 $4,254. The median county two-bedroom FMR in California is $1,725, so Felton is 150% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Felton, CA
BedroomsFY 2027Change90–110% range
Studio$3,270−4.1%$2,943–$3,597
1BR$3,430−3.1%$3,087–$3,773
2BR$4,310−4.6%$3,879–$4,741
3BR$5,600−2.9%$5,040–$6,160
4BR$5,820−4.1%$5,238–$6,402

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Felton, CA
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$3,270$3,430$4,310$5,600$5,820
FY 2026$3,410$3,540$4,520$5,770$6,070
FY 2025$3,310$3,490$4,570$5,690$6,070
FY 2024$3,040$3,290$4,320$5,330$5,870
FY 2023$2,230$2,520$3,320$4,110$4,610

Questions about Felton, CA rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $4,254, which applies unless the housing authority uses Small Area FMRs, that basic range is $3,829 to $4,679 a month; under the ZIP-level Small Area FMR of $4,310 it would be $3,879 to $4,741. 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 Felton, CA in?

Felton, CA is in the Santa Cruz-Watsonville, CA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $4,254.

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

The two-bedroom FMR fell 4.6%, from $4,520 in FY 2026 to $4,310 in FY 2027. Since FY 2023 it has risen 29.8%.

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