FMR is near market; voucher and private rents are aligned.
1.08
2 BR
2 BR- 92630
1.06ratio
FMR$3,450
Market$3,260
vs market+$190
FMR is near market; voucher and private rents are aligned.
1.06
3 BR
3 BR- 92630
1.08ratio
FMR$4,690
Market$4,360
vs market+$330
FMR is near market; voucher and private rents are aligned.
1.08
4 BR
4 BR- 92630
0.98ratio
FMR$5,600
Market$5,720
vs market-$120
FMR is near market; voucher and private rents are aligned.
0.98
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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Lake Forest, CA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Lake Forest, CA is $3,450 a month. That is down 3.4% from $3,570 in FY 2026. Lake Forest is in the Santa Ana-Anaheim-Irvine, CA HUD Metro FMR Area. 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 $3,057. The median county two-bedroom FMR in California is $1,725, so Lake Forest is 100% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Lake Forest, CA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,960
$2,910
−1.7%
$2,619–$3,201
1BR
$3,030
$2,950
−2.6%
$2,655–$3,245
2BR
$3,570
$3,450
−3.4%
$3,105–$3,795
3BR
$4,850
$4,690
−3.3%
$4,221–$5,159
4BR
$5,790
$5,600
−3.3%
$5,040–$6,160
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Lake Forest, CA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,910
$2,950
$3,450
$4,690
$5,600
FY 2026
$2,960
$3,030
$3,570
$4,850
$5,790
FY 2025
$2,500
$2,610
$3,090
$4,180
$5,000
FY 2024
$2,390
$2,540
$3,020
$4,090
$4,850
FY 2023
$2,160
$2,350
$2,830
$3,840
$4,490
Questions about Lake Forest, CA rents
How much will Section 8 pay for a two-bedroom in Lake Forest, CA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $3,057, which applies unless the housing authority uses Small Area FMRs, that basic range is $2,751 to $3,363 a month; under the ZIP-level Small Area FMR of $3,450 it would be $3,105 to $3,795. 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 Lake Forest, CA in?
Lake Forest, CA is in the Santa Ana-Anaheim-Irvine, CA HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $3,057.
How much did fair market rent change in Lake Forest, CA for FY 2027?
The two-bedroom FMR fell 3.4%, from $3,570 in FY 2026 to $3,450 in FY 2027. Since FY 2023 it has risen 21.9%.
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