For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Granite Bay, CA is $3,300 a month. That is down 2.4% from $3,380 in FY 2026. Granite Bay 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 Granite Bay is 91% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Granite Bay, CA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,620
$2,610
−0.4%
$2,349–$2,871
1BR
$2,750
$2,690
−2.2%
$2,421–$2,959
2BR
$3,380
$3,300
−2.4%
$2,970–$3,630
3BR
$4,500
$4,330
−3.8%
$3,897–$4,763
4BR
$5,190
$4,990
−3.9%
$4,491–$5,489
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Granite Bay, CA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,610
$2,690
$3,300
$4,330
$4,990
FY 2026
$2,620
$2,750
$3,380
$4,500
$5,190
FY 2025
$2,520
$2,670
$3,310
$4,490
$5,180
FY 2024
$2,320
$2,500
$3,110
$4,330
$4,990
FY 2023
$1,910
$2,100
$2,630
$3,740
$4,350
Questions about Granite Bay, CA rents
How much will Section 8 pay for a two-bedroom in Granite Bay, CA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $3,300, that basic range is $2,970 to $3,630 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 Granite Bay, CA in?
Granite Bay, 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 Granite Bay, CA for FY 2027?
The two-bedroom FMR fell 2.4%, from $3,380 in FY 2026 to $3,300 in FY 2027. Since FY 2023 it has risen 25.5%.
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