FMR is near market; voucher and private rents are aligned.
0.92
3 BR
3 BR- 92313
0.93ratio
FMR$2,830
Market$3,050
vs market-$220
FMR is near market; voucher and private rents are aligned.
0.93
4 BR
4 BR- 92313
0.91ratio
FMR$3,410
Market$3,740
vs market-$330
FMR is near market; voucher and private rents are aligned.
0.91
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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Grand Terrace, CA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Grand Terrace, CA is $2,150 a month. That is down 1.8% from $2,190 in FY 2026. Grand Terrace is in the Riverside-San Bernardino-Ontario, 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 $2,103. The median county two-bedroom FMR in California is $1,725, so Grand Terrace is 25% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Grand Terrace, CA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,680
$1,640
−2.4%
$1,476–$1,804
1BR
$1,770
$1,740
−1.7%
$1,566–$1,914
2BR
$2,190
$2,150
−1.8%
$1,935–$2,365
3BR
$2,900
$2,830
−2.4%
$2,547–$3,113
4BR
$3,500
$3,410
−2.6%
$3,069–$3,751
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Grand Terrace, CA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,640
$1,740
$2,150
$2,830
$3,410
FY 2026
$1,680
$1,770
$2,190
$2,900
$3,500
FY 2025
$1,780
$1,860
$2,310
$3,080
$3,750
FY 2024
$1,530
$1,630
$2,030
$2,730
$3,340
FY 2023
$1,320
$1,450
$1,810
$2,460
$3,020
Questions about Grand Terrace, CA rents
How much will Section 8 pay for a two-bedroom in Grand Terrace, CA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,103, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,893 to $2,313 a month; under the ZIP-level Small Area FMR of $2,150 it would be $1,935 to $2,365. 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 Grand Terrace, CA in?
Grand Terrace, CA is in the Riverside-San Bernardino-Ontario, CA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,103.
How much did fair market rent change in Grand Terrace, CA for FY 2027?
The two-bedroom FMR fell 1.8%, from $2,190 in FY 2026 to $2,150 in FY 2027. Since FY 2023 it has risen 18.8%.
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