FMR is below market; voucher rent may lag private rents.
0.65
1 BR
1 BR- 95948
0.74ratio
FMR$1,150
Market$1,550
vs market-$400
FMR is below market; voucher rent may lag private rents.
0.74
2 BR
2 BR- 95948
0.82ratio
FMR$1,470
Market$1,790
vs market-$320
FMR is below market; voucher rent may lag private rents.
0.82
3 BR
3 BR- 95948
0.99ratio
FMR$2,040
Market$2,060
vs market-$20
FMR is near market; voucher and private rents are aligned.
0.99
4 BR
4 BR- 95948
1.09ratio
FMR$2,460
Market$2,260
vs market+$200
FMR is near market; voucher and private rents are aligned.
1.09
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
--
Gridley, CA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Gridley, CA is $1,470 a month. That is up 0.7% from $1,460 in FY 2026. Gridley is in the Chico, 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 $1,509. The median county two-bedroom FMR in California is $1,725, so Gridley is 15% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Gridley, CA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,080
$1,050
−2.8%
$945–$1,155
1BR
$1,140
$1,150
+0.9%
$1,035–$1,265
2BR
$1,460
$1,470
+0.7%
$1,323–$1,617
3BR
$2,030
$2,040
+0.5%
$1,836–$2,244
4BR
$2,450
$2,460
+0.4%
$2,214–$2,706
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Gridley, CA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,050
$1,150
$1,470
$2,040
$2,460
FY 2026
$1,080
$1,140
$1,460
$2,030
$2,450
FY 2025
$1,020
$1,020
$1,320
$1,860
$2,240
FY 2024
$930
$970
$1,270
$1,790
$2,160
FY 2023
$830
$840
$1,090
$1,550
$1,860
Questions about Gridley, CA rents
How much will Section 8 pay for a two-bedroom in Gridley, CA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,509, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,358 to $1,660 a month; under the ZIP-level Small Area FMR of $1,470 it would be $1,323 to $1,617. 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 Gridley, CA in?
Gridley, CA is in the Chico, CA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,509.
How much did fair market rent change in Gridley, CA for FY 2027?
The two-bedroom FMR rose 0.7%, from $1,460 in FY 2026 to $1,470 in FY 2027. Since FY 2023 it has risen 34.9%.
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