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Lathrop, CA

CitySAFMR
San Joaquin County
Found 1 ZIP

City Median Investment Score

81Below average

095130300
BRFMR
Eff. Rent
0 BR$2,130$1,790
1 BR$2,270$1,770
2 BR$2,810$2,350
3 BR$3,890$2,650
4 BR$4,700$2,800
5 BR$5,405Not available
6 BR$6,216Not available
7 BR$7,148Not available
8 BR$8,220Not available

Purchase Price Calculator

Maximum purchase price
$287,293

Cost breakdown

+Likely effective rent$2,350
HUD FMR$2,810
Market rentUsed$2,350
Est. payment standard (90%)$2,530
-Principal and interest-$1,453
Loan amount$229,834
Down payment$57,459
Rate6.50%
Term30 years
-Operating costs-$697
Property taxes-$287
Insurance-$175
Utilities$0
HOA$0
Management-$235
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$37,525(65.3% ROI)
Projected value
$309,383
Return breakdown
Property appreciation+$22,090
Loan principal paid down+$8,234
Rental cash flow+$7,200
5-year hold
+$64,437(112.1% ROI)
Projected value
$325,045
Return breakdown
Property appreciation+$37,753
Loan principal paid down+$14,684
Rental cash flow+$12,000
10-year hold
+$139,456(242.7% ROI)
Projected value
$367,759
Return breakdown
Property appreciation+$80,466
Loan principal paid down+$34,990
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.19
1 BR
1.28
2 BR
1.20
3 BR
1.47
4 BR
1.68
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Lathrop, CA fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Lathrop, CA is $2,810 a month. That is up 19.1% from $2,360 in FY 2026. Lathrop is in the Stockton-Lodi, 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 $2,015. The median county two-bedroom FMR in California is $1,725, so Lathrop is 63% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Lathrop, CA
BedroomsFY 2027Change90–110% range
Studio$2,130+22.4%$1,917–$2,343
1BR$2,270+20.1%$2,043–$2,497
2BR$2,810+19.1%$2,529–$3,091
3BR$3,890+18.6%$3,501–$4,279
4BR$4,700+18.7%$4,230–$5,170

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Lathrop, CA
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,130$2,270$2,810$3,890$4,700
FY 2026$1,740$1,890$2,360$3,280$3,960
FY 2025$1,660$1,810$2,310$3,240$3,880
FY 2024$1,510$1,670$2,160$3,040$3,670
FY 2023$1,440$1,600$2,090$2,970$3,560

Questions about Lathrop, CA rents

How much will Section 8 pay for a two-bedroom in Lathrop, CA?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $2,015, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,814 to $2,217 a month; under the ZIP-level Small Area FMR of $2,810 it would be $2,529 to $3,091. 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 Lathrop, CA in?

Lathrop, CA is in the Stockton-Lodi, CA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $2,015.

How much did fair market rent change in Lathrop, CA for FY 2027?

The two-bedroom FMR rose 19.1%, from $2,360 in FY 2026 to $2,810 in FY 2027. Since FY 2023 it has risen 34.4%.

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