Not enough rental comps in this area to determine how FMR aligns with current market rates.
Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
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Mortgage rate
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Homewood, CA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Homewood, CA is $2,940 a month. That is up 16.7% from $2,520 in FY 2026. Homewood 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 Homewood is 70% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Homewood, CA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,960
$2,330
+18.9%
$2,097–$2,563
1BR
$2,050
$2,400
+17.1%
$2,160–$2,640
2BR
$2,520
$2,940
+16.7%
$2,646–$3,234
3BR
$3,360
$3,860
+14.9%
$3,474–$4,246
4BR
$3,870
$4,450
+15.0%
$4,005–$4,895
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Homewood, CA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,330
$2,400
$2,940
$3,860
$4,450
FY 2026
$1,960
$2,050
$2,520
$3,360
$3,870
FY 2025
$1,740
$1,840
$2,280
$3,100
$3,570
FY 2024
$1,440
$1,550
$1,930
$2,690
$3,090
FY 2023
$1,140
$1,260
$1,570
$2,230
$2,600
Questions about Homewood, CA rents
How much will Section 8 pay for a two-bedroom in Homewood, CA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,940, that basic range is $2,646 to $3,234 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 Homewood, CA in?
Homewood, 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 Homewood, CA for FY 2027?
The two-bedroom FMR rose 16.7%, from $2,520 in FY 2026 to $2,940 in FY 2027. Since FY 2023 it has risen 87.3%.
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